OPEC moves to cap Nigerian oil output, boost compliance
OPEC moved on Monday to cap Nigerian oil output and called on several members to boost compliance with production cuts…
Siemens retreats from Russian energy after Crimean scandal
Germany’s Siemens tried to distance itself from a Crimean sanctions scandal on Friday, halting deliveries of power equipment to Russian…
Gazprom exported 22% more gas to Turkey until mid-July
Russia’s Gazprom exported 22 percent more gas to Turkey on January 1-July 15, the energy giant said Tuesday. During that…
Gazprom seen a 19% increase in gas output since the beginning of the year
Gazprom has increased gas production since the start of the year by 18.8 percent to 248.8 billion cubic meters, in…
Russia sanctions bill stalled by GOP over energy provisions
House Republicans are throwing up new roadblocks to a Russia and Iran sanctions bill over concerns from the energy industry…
Russia’s Gazprom: U.S. sanctions may delay Nord Stream 2, Turkish Stream
Potential new U.S. sanctions against Moscow may delay some of Gazprom’s projects, including Nord Stream 2 and Turkish Stream gas…
OPEC is in no rush on deeper oil output cut
OPEC will not rush into making a further cut in oil output or end some countries’ exemptions to output limits,…
Gazprom says the issue that blocked the gas flow to Poland was solved
Russia’s Gazprom said on Thursday a technical issue that caused poor quality gas to be delivered to Poland via the…
Enel enters Russian renewables sector
Enel has been awarded two wind projects for a total capacity of 291 MW within the framework of the 2017…
Iran hits back at India, tapping Russia’s Gazprom to develop its giant gas field
Tehran has picked Russian energy major Gazprom to develop the Farzad B gas field, discovered by India’s Oil and Natural…
Roland Berger: The oil price will remain around $50 a barrel
Almost all oil-producing countries have overestimated the projected price for 2016. Last year, the three oil producing countries with the…
Seele, OMV: Q2 has been stable, positive
Austrian oil and gas group OMV has seen stable business in the second quarter, CEO Rainer Seele told reporters, after…
Russia had largest renewable energy auction
Russia is pressing ahead with its biggest-ever auction for renewable energy, seeking to award contracts to purchase 1.9 gigawatts of…
OPEC: Prolonging cut would achieve mission to clear oil glut
The world’s two biggest oil exporters seem to have finally figured out how to eliminate a global surplus that’s kept…
