Russia Oil and Gas

Austria is not going to go against the Nord Stream-2 gas pipeline

Austria will not go against the construction of the Nord Stream-2 gas pipeline, said the country's Chancellor Sebastian Kurz.

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Gazprom may increase export via Power of Siberia to 48 bln cubic meters of gas per year

Gas exports to China via the Power of Siberia pipeline could increase by a quarter compared to the currently envisaged 38 billion cubic meters per year.

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Gazprom has laid about 300 km of marine part of Nord Stream-2

The Russian company Gazprom has built about 300 km of marine part of the Nord Stream-2 gas pipeline, the company's press centre reports.

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Pipe manufactures complain about Gazprom in Ministry of Industry and Trade

On Thursday, the Russian Minister of Industry and Trade Denis Manturov held a meeting on development of pipe industry, where manufacturers of large diameter pipes (LDP) expressed claims to the proc

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S&P raises Novatek’s rating to BBB from BBB-, outlook is stable

S&P Global Ratings agency has upgraded Novateks long-term credit rating in national and foreign currencies to BBB from BBB -, the outlook is stable.

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Lukoil reviews production forecast for 2018

Lukoil has raised its forecast for hydrocarbon production in 2018 to 3.5% due to projects in Uzbekistan.

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In October 2018 progress in the construction of the Amur GPP reached 21.6%

In October 2018, construction began on the 4th technological line of Gazprom's Amur Gas Processing Plant. The overall construction progress is 21.6%. This was reported by NIPIGAZ.

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In Q3, Lukoil increased output of oil products by 5%

Lukoil’s refineries increased petroleum products output by 0.7% in the first three quarters of this year compared to the same period last year due to the increase in the load of a number of r

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In the first 10 months of 2018, production of oil on Sakhalin grew by 6%, gas – by almost 9%

In January-October 2018, gas production in the Sakhalin region increased by 8.6% compared to the figure in the first 10 months of 2017 and amounted to 26.4 billion cubic meters.

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Three gas alternatives of Ukraine

Turkish Stream and Nord Stream-2 are gradually becoming an inevitable reality for the Ukraine. Theoretically, gas transit through the Ukraine could be about 10 billion cubic meters.

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