Oil and Gas Industry Latest News

07.09.2012 Russia's EU envoy: Don't want "gas war" over Gazprom probe

Russia wants to avoid a "gas war" with the European Union over its probe of OAO Gazprom  and would welcome a negotiated settlement between the energy giant and European authorities, its ambassador to Brussels said Thursday.

13.08.2012 Russia and Armenia reach gas price deal, talk Customs Union

Following his meeting with Russian counterpart Vladimir Putin, Armenian President Serzh Sargsyan said on 8 August that Moscow and Yerevan have agreed on prices for natural gas supplies to Armenia. "I think we have come to an agreement about pricing for gas supplies.

13.07.2012 Putin: No progress on new gas deal with Ukraine

Russian President Vladimir Putin, after meeting with Ukrainian President Viktor Yanukovych, said the sides have not reached an agreement on new terms for Russian gas supplies, but said talks would continue. 

28.03.2012 Talking Shtokman with Ministry of Defence

The talks are progressing “extremely slowly”, a representative of the Shtokman Development AG admits.

27.03.2012 Russia Should Formulate Int'l Strategy on Gas Sales: Putin

Russia should map out a strategy of selling gas on the international market in the future, Prime Minister and President-elect Vladimir Putin said Friday.

20.02.2012 Russian Oil Boom’s End Means Lower Tax That Risks Unrest: Energy

Russia’s 12-year oil boom is nearing its peak, forcing the next president to decide whether to cut taxes and revive production or use the windfall from $100 oil to boost public spending and quell mounting unrest.

25.11.2011 Belarus will pay $ 164 per 1000 cubic metres for gas for first three months of 2012

Russia will slash gas prices for Belarus and lend Minsk $10 billion to build a nuclear plant, Prime Minister Vladimir Putin said on Friday, as he offered an "integration discount" to push his agenda of building his vision of a Eurasian Union.

17.10.2011 Shtokman Discussions Continue in Moscow Ahead of Deadline

As the announced deadline for the final investment decision is approaching, the leaders of three Shtokman partners Gazprom, Total and Statoil meet in Moscow.

13.10.2011 Putin Ends China Trip With No Gas Deal

Russian Prime Minister Vladimir Putin left China Wednesday after a visit that yielded $7 billion in trade pacts but no breakthrough on a long-delayed gas deal with the world's top energy consumer.

12.10.2011 Russia, China Nearing Agreement On Gas: Putin

Moscow and Beijing are nearing the "final stage" of agreeing a huge gas deal delayed for years by disputes on price, Russia's Prime Minister Vladimir Putin said Tuesday during a visit to Beijing.