The pipe laying vessel Akademik Cherskiy, owned by Gazprom’s subsidiary (Gazprom Fleet LLC), changed its course again and is heading to the port of Nakhodka. Now the pipe-layer is passing the English Channel, according to data from the ship tracking websites Myshiptracking and Vesselfinder. The estimated time of the vessel’s …
Read More »Russia’s Oil Industry has Certain Reserves
The Russian oil industry does not yet need government support, it has accumulated certain reserves, Russian Minister of Economic Development Maxim Reshetnikov said in an interview with Rossiya 24 TV channel. “So far they are managing. On the one hand, certain reserves have been accumulated, and on the other hand, …
Read More »Poland Threatens to Complain to European Commission about Gazprom
Polish state oil and gas company PGNiG issued a statement accusing Russia’s Gazprom of failing to comply with the ruling of Stockholm arbitration court. According to Warsaw, the Russian company continues to abuse its monopoly position in the market. “Gazprom has not complied with the final decision of the Arbitration …
Read More »Russia’s Lukoil Runs Into Staffing Problems in Iraq amid Coronavirus
Russia’s No.2 oil producer Lukoil is running into difficulties staffing its assets in Iraq due to the new coronavirus and associated restrictions, chief executive Vagit Alekperov, was cited on Saturday by Interfax news as saying. Lukoil manages the West Qurna 2 oilfield, 65 km (40 miles) north-west of Basra. It …
Read More »Russia Concerned about US Threats to Iran
Russia is concerned by the US threats to Iran amid tensions in the Persian Gulf and is calling on both sides to exercise restraint, Russian deputy Foreign Minister Sergei Ryabkov said on Saturday. According to the diplomat, the United States is interpreting its right to self-defence in its own way …
Read More »Russian Parl. Voices Support for Iran’s Noor-1 Satellite Launch
The Russian MPs, along with the Senate and government, rejected the US claim that Iran had violated the Security Council resolutions by launching the military satellite into space.
Read More »Dialogue with Parties to Nuclear Deal Continues
The dialogue between Russia and the parties on the Joint Comprehensive Plan of Action (JCPOA) continues, although there are no face-to-face contacts.
Read More »Scientists of Rosneft and Russian Arctic National Park Discover Microorganisms able to Clean Soil from Oil Pollution
Within the scope of Clean Arctic complex joint project, experts of Rosneft and Russian Arctic National Park discovered bacteria that can be used as a basis for development of an innovative agent for cleaning soils from petroleum-based products. Scientists uncovered the promising microorganisms during the acquisition of samples of polluted …
Read More »Too Early to React to Weak Oil, Let’s Wait for OPEC+ Deal Impact
The Kremlin said on Wednesday that it was too early to draw any conclusions about possible additional steps to stem the slump in oil prices before the global deal agreed by the OPEC+ group takes effect on May 1. Oil prices slumped to less than $16 a barrel on Wednesday, …
Read More »OPEC+ Capable to Respond to Low Oil Price Situation
Countries participating in the OPEC+ oil production limiting agreement have all the capabilities to respond if necessary to the situation with the low oil prices, Russian Energy Minister Alexander Novak told reporters. “OPEC+ countries are keeping a close eye on the situation and have all the capabilities to respond if …
Read More »
Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel