Oil and Gas

Danish joint venture Boskalis-Van Oord to perform works on arrangement of rock dumping for construction of Nord Stream-2

Nord Stream AG 2 has signed an agreement of intent with the Danish joint venture Boskalis-Van Oord for the implementation of activities on arrangement of rock dumping for the construction of the No

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Turkey earns $8 billion on Azerbaijan oil and gas projects

The Turkish state and companies have earned over $8 billion on the implementation of the projects of the main export oil pipeline Baku-Tbilisi-Ceyhan (BTC), Transanatolian gas pipeline (TANAP) and

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SOFAZ’s assets grew by 5% since the beginning of this year

As of July 1, 2017, assets of the State Oil Fund of Azerbaijan (SOFAZ) increased by 4.96% compared to the beginning of 2017 ($33.147 billion) and amounted to $34.79 billion.

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Russian gas major companies to pay almost $9 bln of dividends for 2016

Russian oil and gas majors (nine companies) will pay $8.7 billion (594.6 billion rubles) as dividends for 2016, this follows from the materials of the nine largest companies of the fuel and energy

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Industry Development Fund may grant loan for 500 mln rubles to Eurochem’s plant

The Industry Development Fund can provide a preferential loan for Nevinnomyssky Azot in the amount of 500 million rubles.

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Uzbekistan and Turkmenistan agree on supply of gas condensate from Turkmen part of the Caspian Sea

The delegation of Turkmenistan, led by its Foreign Minister Rashid Meredov, has paid a working visit to Uzbekistan.

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Since the beginning of this year, Gazprom increased gas production by 18.8%

Over the first six-and-a-half months of 2017, the gas production of Gazprom increased by 18.8% to 248.8 billion cubic meters, the company reports.

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Yamal LNG construction general contractor declares itself bankrupt, workers are promised to be paid in autumn 2017

The bankruptcy procedure began at Yamalspetsstroi - the company appointed an arbitration manager, who will conduct settlements with companies and persons to whom Yamalspetsstroy owes.

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Since beginning of 2017 Gazprom increased gas export to non-CIS countries by 12.3%

From January 1 to July 15 Gazprom increased gas exports to non-CIS countries by 12.3%, to 102.9 billion cubic meters, the company informed.

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EU to help Ukraine to determine model for using its underground gas storage facilities

As noted by Naftogaz, the project "is aimed at developing a sustainable economic approach to the use of underground storage facilities in the context of the European and Ukrainian energy marke

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