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Gazprom Neft, Politecnico di Torino and the Peter the Great St. Petersburg Polytechnic University sign cooperation agreement

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3/18/2019 MOSCOW — Gazprom Neft has concluded a tripartite Cooperation Agreement with Politecnico di Torino and the Peter the Great St. Petersburg Polytechnic University (Polytech) — the signatories to this document being Vladislav Baryshnikov, deputy CEO for international business development, Gazprom Neft; Vitaly Sergeev, vice-rector for research, the Peter the Great Polytechnic University; and Patrizia Read More

Russia can become world’s top natural gas producer – Shell CEO

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With the biggest natural gas reserves on the planet, Russia could become the world’s number one producer of the fuel, according to Ben van Beurden, the CEO of Anglo-Dutch energy major Shell. The top executive says that rapidly increasing demand for natural gas has occurred due to the worldwide trend aimed at forcing out coal Read More

CERAWeek 2019: LNG key factor in energy transition

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By CRAIG FLEMING, TECHNICAL EDITOR, WORLD OIL on 3/14/2019 HOUSTON — On the third day (Wednesday, March 13) of CERAWeek by IHS Markit, the industry’s business leaders outlined global economic trends, shifting geopolitics, emerging government policies and advances in technologies. The majority of the day’s sessions outlined how the transition will occur and to define Read More

US sanctions against Nord Stream 2 gas pipeline ‘under consideration’ – energy czar

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The US may slap sanctions on the Nord Stream 2 pipeline, which will supply Russian gas to Germany via the Baltic Sea, US energy secretary Rick Perry confirmed. The project has driven a wedge between Washington and Berlin. Asked by reporters on Monday if sanctions were possible, Perry said this was “still under consideration” and Read More

Dutch gas market could become world's most important

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By Mathew Carr on 3/8/2019 LONDON (Bloomberg) — Intercontinental Exchange says its Dutch natural gas market has the potential to become a world beater in energy trading.  When the owner of the New York Stock Exchange bought an energy bourse in Amsterdam seven years ago, the Netherlands was just one of several regional markets dominated Read More

Serbia greenlights expansion of Russia’s Turkish Stream gas pipeline

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The Serbian energy regulator has given final approval for the construction of a branch of the Turkish Stream pipeline that will deliver Russian natural gas into Turkey as well as southern and southeastern Europe. “On March 5 the Energy Agency of the Republic of Serbia made the final decision and responded positively to the Gastrans Read More

Gazprom’s natural gas supplies to Austria increase 33% in 2019

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3/7/2019 MOSCOW – During a meeting between Alexey Miller, chairman Gazprom Management Committee, and Rainer Seele, chairman, executive board, OMV, the parties reviewed current issues related to their cooperation, including the growth of natural gas exports to Austria.  An analysis revealed that between Jan. 1 and March 5, 2019, Gazprom’s natural gas supplies to Austria Read More

Maduro orders European HQ of Venezuelan state oil firm PDVSA to be moved to Moscow

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Venezuelan President Nicolas Maduro has ordered the European headquarters of state oil company PDVSA be relocated to Russia, Venezuela’s Vice President Delcy Rodriguez has said. “President Maduro ordered to close the Lisbon office of PDVSA and move it to Moscow,” Rodriguez said on Friday at the joint news conference with Russia’s Foreign Minister Sergey Lavrov, Read More

Gazprom improving its industrial and environmental safety efforts

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2/27/2019 Prirazlomonye field. Photo: Gazprom. MOSCOW — The Gazprom Board of Directors expressed approval of the Company’s ongoing occupational, industrial and fire safety efforts and environmental protection measures. It was noted that the Company traditionally places great emphasis on these areas of work. Gazprom has an Occupational, Industrial and Fire Safety Policy. The Policy is Read More

Power of Siberia: Russia’s 3000 km gas pipeline to China 99% complete

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Gazprom has announced that construction of its gas pipeline to China is 99 percent finished. The Russian energy giant is expected to start delivering gas to China via the Power of Siberia line as early as December. In 2019, the company is planning to invest 147.5 billion rubles ($2.24 billion) into the project which is Read More