Gazprom’s activities in the European gas market are underpinned by long-term contracts with oil-pegged prices and take-or-pay clauses.
Read More »Russia Reverses Almost All Its Oil Production Cuts
Russia currently expects its oil production to stay at these high levels in the next five months.
Read More »US to Impose Devastating Set of Sanctions on Russia
The sanctions proposed against Russia’s energy sector could cause more damage. but the details remain unclear.
Read More »Russian Gas is Cheaper than US LNG
LNG from the United States for Europe is at least 30-40% more expensive than the pipeline gas from Russia.
Read More »Poland Buys more LNG. Reduces Reliance on Russian Gas
PGNiG has to buy certain amounts of gas annually from Russia under a long-term deal with Russia’s Gazprom.
Read More »Eni to Develop Discoveries in Mexico`s Offshore Area 1
Eni is present in Mexico since 2006 and established its wholly-owned subsidiary Eni Mexico S. de R. L. de C. V. in 2015.
Read More »Nord Stream 2 Developing Alternative Pipeline Route
Denmark is the last country that has not issued a permit for the laying of the gas pipeline in its exclusive economic zone.
Read More »Russian Oil Production Up 150.000 bpd in July
Russia has used stocks held in tanks at its oilfields to boost production.
Read More »Wintershall Says Not to Pursue Further Projects in Iran
Washington'.s European partners have repeatedly stated that they intended to continue to observe the terms of the deal with Iran.
Read More »BP will Dig Its First Exploratory Well in Gulf of Suez
The project is awaiting completion of security approvals and the licenses necessary to start drilling.
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