Moldovagaz, biggest company in Republic of Moldova, close to bankruptcy
Moldovagaz, the largest company in the Republic of Moldova, heads with confident strides towards bankruptcy. At least this shows the…
Russian oil production increased in Q1
The activities for extracting oil from Russia increased by 23% this year, and production reached a post-Soviet record high in…
Putin offers Ukraine a new price discount for gas in Q2
Russia will extend gas price discounts for Ukraine into the second quarter (Q2), the Kremlin website quoted President Vladimir Putin…
Gazprom does not give up South Stream, in spite of 70% lower profit
Gazprom’s net profit, calculated under Russian Accounting Standards (RAS), fell 70 percent last year to 189 billion roubles (3.3 billion…
Wintershall’s Chairman will become CEO of OMV
Rainer Seele, chairman of the board from 2009 at Wintershall, the largest oil and gas producer in Germany, will take…
Republic of Moldova in gas peril as Russians ask for price hike, Romanian supply too small
Russian Gazprom threatened to suspend gas supply to Republic of Moldova because of accumulated debts, and its subsidiary, MoldovaGaz, called…
European Commission wants to vet energy deals with non-member states
Member states’ energy deals with non-EU nations should be scrutinized by the European Commission before they are signed, according to…
Kruglov: Gazprom has financial clout to survive Russian crisis
Gazprom, Russia’s largest company, has the strength to weather the country’s economic crisis, according to its chief financial officer. The…
Gazprom is determined to invest in the gas pipeline to Turkey
Russian state gas company Gazprom said on Monday it would set up a company to build a gas pipeline to…
Russia supplements gas supplies to China
Russian natural gas supplies to China via the “western route” pipeline could exceed deliveries to Europe in the mid-term perspective,…
Gazprom announced it’s ready to resume gas deliveries to Ukraine
Russia has “fulfilled its obligations” stipulated in the agreement on the resumption of Russian gas supplies to Ukraine, concluded last…