Russia & CIS
Clean-Up of Polish Section of Druzbha Pipeline Could Take a Year
The operator of the Polish section of the Druzbha oil pipeline said on Tuesday that it could take up to a year to completely clean its part of the network.
Rosneft says Transneft Offered No Solution to Tainted Oil Crisis
Kremlin-run oil giant Rosneft said on Tuesday that Transneft, which manages Russia's oil pipelines, had failed to deliver a solution to a tainted-oil crisis that slashed the country's crude exports, more than four months since it erupted.
Russian LPG Firm Battles Middle East for Chinese Market
An independent Russian producer has made a foray into China's market for LPG, jostling with Middle Eastern countries for what could be a lucrative foothold, market data showed and traders said.
Gazprom Braces for Decline in European Gas Exports, Prices
Kremlin-controlled energy giant Gazprom on Thursday conceded for the first time that its gas exports to Europe, as well as its prices, will decline in 2019 following record-high volumes last year.
Nord Stream 2 Investor OMV Says Project Can Still Meet Deadline
The chief executive of Austrian energy firm OMV said the Nord Stream 2 company has not changed its expected completion date and could still deliver the project on time and budget, despite Denmark's still-pending decision on a construction permit.
Ukraine Plans to Create Capacity for Romanian Gas Imports
Ukraine, preparing for a possible cut in Russian gas supplies, has agreed with neighboring Moldova to modernize their border gas metering stations so it can receive gas from Romania, Ukraine's gas transport company Ukrtransgaz said on Monday.
Russia May Put Pipeline Company Transneft in Charge of Oil Terminals
Russia may transfer the running of oil intake terminals to state-owned pipeline company Transneft, according to a government website, after a privately-owned terminal was blamed earlier this year for contaminating oil supplies.
LNG Steals Euro Market Share from Pipeline Gas, Breaking 4-Year Trend
Europe's two biggest suppliers of pipeline gas, Norway's Equinor and Russia's Gazprom, have lost market share for the first time in at least four years amid a tripling in LNG imports into the region over the past 10 months.
Ukraine Preparing for Russian Gas Supply Cut if Transit Deal Falls Through
Ukraine's gas transport company Ukrtransgaz has upgraded several gas pumping stations so it can provide gas to eastern and southern regions of the country if there is a disruption in supply from Russia, the company said on Wednesday.
Mid-East Group, Russia Split on Caspian Resources, Pipeline
Five countries bordering the energy-rich Caspian Sea met Monday at an economic forum hosted by Turkmenistan in a bid to agree on how to divide the region's oil wealth.
TurkStream 2nd String to Cross Bulgaria, Serbia, Hungary
The second leg of the TurkStream gas pipeline is planned to go through Bulgaria, Serbia and Hungary, Russian Energy Minister Alexander Novak said on Friday, as Moscow prepares to phase out gas transit to Europe via Ukraine.
Nord Stream 2 Pipeline Challenges EU in Court Over New Ruling
The Russian-led Nord Stream 2 gas pipeline project is taking the European Union to court to challenge new rules it says endanger its business model, opening a new front in a fight that has divided EU nations.
Belarus Upset Over Transneft Compensation Cap, Calls Decision 'One-Sided'
Belarusian state oil firm Belneftekhim said on Wednesday it considered a decision by Russian oil pipeline monopoly Transneft on compensation for dirty oil to be “one-sided”.
Transneft Sets Cap on Compensation for Pipeline Contamination
Russian oil pipeline monopoly Transneft on Wednesday set a cap of $15 per barrel for compensation stemming from contamination in its network.
Russian Tainted-Oil Suspect Seeks Asylum in Lithuania
Roman Ruzhechko, a suspect in a Russian probe into a major oil pipeline contamination earlier this year, has asked for political asylum in Lithuania, a Vilnius district court spokesman told Reuters on Friday.
Gazprom Expects Danish Approval of Nord Stream 2 by October
Russian gas producer Gazprom says it expects Denmark will agree to its route application for the Nord Stream 2 gas pipeline to Germany in October.
Russia's Transneft, Oil Firms Clash over Pipeline System Clean-Up
Major Russian oil companies have challenged a plan by Transneft that aims to resolve a problem of tainted oil stuck in Russia's pipeline and storage system by diluting it with clean crude, four company sources said on Wednesday.
Gas Pipeline Fire Near Power Station Outside Moscow Kills 1
Russian officials say a massive fire near a power station just outside Moscow has killed one person and injured at least 13.
Russia's Transneft Slams Rosneft Over Tainted Oil Crisis
Russian state-owned pipeline monopoly Transneft criticized oil producer Rosneft on Monday, alleging it had dragged its feet over quality controls and making unsubstantiated damages claims.
Construction Begins on Middle Section of China-Russia East-Route
Construction of the middle section of the China-Russia east-route natural gas pipeline project, a major energy cooperation project between the two countries, began in Shenyang City of northeast China's Liaoning Province on Thursday.
Gazprom Signs Five-Year Natural Gas Deal With Turkmenistan
Gazprom has signed a 5-year contract with Turkmengaz to purchase natural gas, the Russian gas producer said on Wednesday.
Gazprom Signals Tough Talks with Ukraine on Gas Transit to EU
Alexei Miller, the head of Russian gas giant Gazprom, on Friday warned of difficult talks with Ukraine on gas transit to Europe once the current deal expires at the end of the year.
Druzhba Pipeline Flows to Poland Resume after Shutdown
Oil flows to Poland through the Druzhba pipeline resumed on Thursday after being suspended on Wednesday evening due to the discovery of contaminated oil, Polish pipeline operator PERN said.
Gazprom: Ukraine Gas Talks Await New Government
Russian state gas giant Gazprom is awaiting the formation of a Ukrainian government before starting talks with Kiev on extending a deal to transit Russian gas across Ukraine to Europe, a senior company official said on Tuesday.
Russia's Transneft says Druzhba Pipeline to Resume on July 1
Russian pipeline monopoly Transneft expects the Druzhba pipeline to resume full operations from July 1, TASS news agency cited the company's vice president Sergey Andronov as saying on Friday.
U.S. Senator Introduces Bill to Sanction Nord Stream 2 Pipeline
U.S. Senator John Barrasso introduced a bill to slap sanctions on individuals and companies developing Russia's Nord Stream 2 natural gas pipeline, a day after President Trump said he was considering sanctions on the pipeline.
Trump Considering Sanctions Over Russia's Nord Stream 2
U.S. President Donald Trump said on Wednesday he was considering sanctions over Russia's Nord Stream 2 natural gas pipeline project and warned Germany against being dependent on Russia for the fuel.
Nearly Half of Nord Stream 2 Pipelaying Complete
As American politicians seek sanctions and Denmark debates route approval, construction of the Nord Stream 2 pipeline has moved steadily ahead. By mid-May, more than 745 miles (1,200 km) of pipe — about half the total length of Nord Stream 2 — had been laid in the Baltic Sea, company officials confirmed.
Gazprom Reports 44% Jump in Q1 Profit
Gazprom reported a 44% jump in first-quarter net income to 536 billion roubles ($8.3 billion), boosted by higher gas sales volumes and prices, and promised to increase dividends in coming years.
Russia's Oil Output Hits 11-Month Low on Dirty Oil Crisis
Russian oil output in May fell to its lowest level since June 2018, primarily due to closure of the oil-contaminated Druzhba pipeline.
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- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
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