Gazprom is facing financial losses and is appealing to authorities for household gas price increases, as well as a rise in transportation tariffs for independent Russian suppliers. "The company was sacrificed on the altar of Putin's imperial ambitions,
Russia pumped 2.8% lower volumes of crude oil and condensate in 2024 from a year earlier, while its natural gas production rose by 7.6%
Russian gas giant Gazprom , squeezed by plunging sales abroad as the Ukraine conflict prompts European buyers to turn away, is seeking to raise regulated prices at home to fund investment, Interfax news agency reported on Thursday.
The TurkStream pipeline has allowed Russia to export natural gas via Ukraine at a record-breaking rate of 50 million cubic meters (mcms) per day in this
The EU has renewed sanctions against Russia despite Hungary's initial objections, following assurances on energy-related issues and amidst Belarus election controversy.
Moldova on Saturday will send 3 million cubic metres (mcm) of gas to its separatist enclave Transdniestria, the first fuel supply to the area since end-December, when gas transit through Ukraine was halted,
A Russian insurer placed under US and UK sanctions after it was revealed to be covering ships in Moscow’s “shadow fleet” of oil tankers is threatening to sue a Danish publication that played a critical role in reporting on it.
Slovakia is still scrambling for alternative gas routes after Moscow shut off supplies through Ukraine at the end of last year. One option is gas from Azerbaijan, a possibility revived over the weekend by Ukraine’s president, Volodymyr Zelensky.
"Since December 1 last year, daily deliveries of Russian gas to China via the Power of Siberia gas pipeline have been brought up to the maximum contractual level of 38 bln cubic meters per year ahead of schedule,
Open Ukraine project, published by NV as its media partner. “It was known two years ago that starting Jan. 1, 2025, there would be no transit of Russian [natural] gas through Ukrainian territory,” Portnikov noted.
MOSCOW, January 30. /TASS/. Russia's gasification level increased to 74.7% by the end of 2024, compared to 73.8% at the beginning of last year, Russian Deputy Prime Minister Alexander Novak wrote in his column for the Energy Policy magazine.
According to Reuters, citing Russia’s Finance Ministry, the country’s oil and gas revenues grew by 26% last year to $108 billion, following a 24% drop in 2023 due to lower oil prices and reduced gas exports.