Russia & CIS

Ukraine, Russia Fail to Reach Gas Deal for Europe but Agree to Meet Again

Russia and Ukraine failed to reach a new gas transit deal on Thursday, but said talks were "constructive" and they would meet again to try to find an agreement before the current one ends.

Bulgaria Signs up Saudi-Led Group for TurkStream Extension

Bulgaria's state gas company signed a $1.2 billion (1.1 billion euro ) contract on Wednesday with Saudi-led group Arkad to build a gas pipeline to carry mainly Russian natural gas.

Total Seeks Buyer for Tainted Russian Piped Oil

France's Total has issued a tender to sell 1.3 million barrels of contaminated Russian Urals crude oil for loading from Rotterdam port, according to three trading sources.

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 announced, as Moscow prepares to phase out gas transit to Europe via Ukraine.

Gazprom Expects Danish Approval of Nord Stream 2 by October

Russian gas producer Gazprom expects Denmark to agree to its route application for the Nord Stream 2 gas pipeline to Germany in October, the Russia International News agency (RIA) reported.

EU to Push for Progress in Ukraine-Russia Gas Talks

The European Union will do all it can to facilitate talks next week between Ukraine and Russia on future gas transits after their contract expires in January, the bloc's energy commissioner said on Wednesday.

Gazprom Signs 5-Year Natural Gas Deal with Turkmenistan

Gazprom has signed a five-year contract with Turkmengaz to purchase natural gas, the Russian gas producer sad.

EU's Top Court Curtails Gazprom Access to Nord Stream Pipeline Link

Europe's top court on Tuesday overruled a 2016 EU decision allowing Russia's Gazprom to ship more gas via the Opal gas pipeline, which links the company’s Nord Stream pipeline to Germany.

Putin Pushes For Potential Gas Pipeline Through Mongolia

Russian President Vladimir Putin told the head of state-controlled Gazprom to consider making Russian gas exports to China via Mongolia, the Kremlin said on Monday.

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.

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