Oil exports from Russia in January – May 2021 fell by 13% compared to the same period last year to 91.2 mln tonnes, according to statistics released by the Central Dispatching Department of Fuel Energy Complex (CDU TEK) on Wednesday. Russia participates in the OPEC+ agreement on oil production cuts, …
Read More »Gazprom Continues Ramping Up Production with Gas Exports Booming
Russian energy giant Gazprom’s output rose significantly from January through May compared to the same period last year, the company said on Tuesday. “For the first five months of 2021, production amounted to 221.9 billion cubic meters of gas, according to preliminary data,” Gazprom said on Telegram, adding: “This is …
Read More »Russian Energy Ministry Expects Coal Production Recovery to Pre-Pandemic Level in 2021
Russia’s coal production is expected to reach the level of 2019, after which coal producers started to reduce output amid the coronavirus pandemic-related economic crisis and the falling demand in western countries, by the end of this year, Deputy Energy Minister Anatoly Yanovsky told reporters on Tuesday. “I think that …
Read More »OPEC, Russia Seen Gaining more Power with Shell Dutch Ruling
Climate activists who scored big against Western majors last week had some unlikely cheerleaders in the oil capitals of Saudi Arabia, Abu Dhabi and Russia. Defeats in the courtroom and boardroom mean Royal Dutch Shell, ExxonMobil and Chevron are all under pressure to cut carbon emissions faster. That’s good news …
Read More »Moscow does not Seek Suspending Gas Transit via Ukraine after Nord Stream 2 Launch
Russian gas supplies through Ukraine will continue as long as relevant contracts are in force, as Moscow does not pursue the goal of suspending the supplies after commissioning the Nord Stream 2 pipeline, Russian Foreign Ministry’s Department of Economic Cooperation Director Dmitry Birichevsky said in an interview with Sputnik. “The …
Read More »World’s Largest LNG Construction Yard Taking Shape in Belokamenka
A variety of buildings, facilities, and dock make up a new skyline like the Russian north has never seen before. Once a sleepy village, the Belokamenka (Russian for “the White stone”) is nowadays the busiest industrial construction site anywhere in the circumpolar north. Over 100 companies are involved in creating …
Read More »Exports of Russian Crude to US Soared to 12-Year High Despite Ongoing Political Tensions
US daily imports of Russian oil have hit new highs, despite tough talk on a wide range of issues, including energy. In March, the nation purchased Russian crude and oil products in volumes not seen since 2009. According to the latest data released by the US Energy Information Administration (EIA), …
Read More »Russia and Pakistan to Build Pakistan Stream Gas Pipeline
Russian Energy Minister Nikolai Shulguinov and Pakistani Ambassador in Moscow Shafkat Ali Khan signed an agreement for the future construction of the Pakistan Stream gas pipeline on Friday. According to the energy portfolio, the parties penned a protocol of amendments to an intergovernmental agreement that provided for the construction of …
Read More »Russia Defends Nord Stream Gas Pipeline against US
The Russian gas supplied to Europe through the Nord Stream 2 gas pipeline has a carbon footprint four times lower than that delivered by US companies, Russian Deputy Prime Minister Alexander Novak said on Friday. According to several analytical and consulting agencies, the reason is determined because most of the …
Read More »Russian Gas Production Is Eco-Friendly
Natural gas production in Russia is eco-friendly and the best available technologies are used for its production and transport, Russian Deputy Prime Minister Victoria Abramchenko told reporters on Friday. “The best available technologies are used in production and transport of our gas. This is indeed eco-efficient production,” she said. Russian …
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