Nicolescu: Gazprom has just reduced its gas exports to Romania by 5%
Russian group Gazprom cut by 5% natural gas exports to Romania compared to planned level, on Friday, without an official…
Rosneft may receive state help worth 40 billion USD
Russian Prime Minister Dmitry Medvedev said that the state oil champion Rosneft (ROSN.MM), in need of funds to service its…
Slovakia began exporting gas to Ukraine
Slovakia has started Tuesday the reversed flow of gas to Ukraine, which stopped receiving gas from Russia on 16th of…
In Minsk, European leaders set new rules in regional energy security
Ukraine’s President Petro Poroshenko is set to attend a summit with his Russian counterpart, Vladimir Putin, to address the crisis…
OMV says Ukraine crisis will not hit South Stream pipeline (FT)
The stand-off between the west and Russia over Ukraine will not derail the planned Russian-led South Stream gas pipeline, according…
Russia threatens Europe with higher gas prices
The sanctions announced by the European Union will “inevitably result in an increase in prices in the energy market in…
U.S. Power Plants Turn to Russia for Coal Shipment
When New Hampshire’s largest utility needed to rebuild coal supplies after the past frigid winter, it turned to Russia rather…
Romania, Expected to be Energy Independent Despite Ukraine Crisis (VoA)
Romania is expected to achieve energy independence by the end of the decade, due to shale gas and alternative energy…
Shale boom confounds forecasts as U.S. set to pass Russia, Saudi Arabia
Four years into the shale revolution, the U.S. is on track to pass Russia and Saudi Arabia as the world’s…
Lukoil to Build $30 Billion Cash Pot After Debt Freeze
At Russia’s largest private-sector oil company, the Ukraine crisis is forcing a change of strategy. Lukoil will cut spending to…
Christoph Frei, CME: Europe must come to terms with Russia
Europe and Russia should cooperate in the energy field because one without the other will be weaker in this market,…