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Thirteen EU nations voiced support on Monday for a proposal to empower the bloc's executive to negotiate with Russia over objections to a new Russian gas pipeline to Germany, despite opposition from Berlin.
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Ukraine urged the European Union on Monday to seek more guarantees on energy security from Russia before building the Nord Stream 2 gas pipeline and said it could have "dangerous consequences" by leaving the bloc reliant on Russian supplies.
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June 23, 2017   Reuters  |  Qatar Russia  |  natural gas exports LNG
Russian gas producer Novatek aims to topple Qatar as the world's biggest exporter of liquefied natural gas as it gets closer to completing its first LNG project, a top executive said, batting away concerns about U.S. sanctions on the sector.
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The first line of the Turkish Stream gas pipeline should be ready in March 2018 and the second line in 2019, Gazprom Chief Executive Alexei Miller told Russian President Vladimir Putin on Friday.
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For the third month in a row, Russia has maintained its spot as China's top crude oil supplier and Angola clung onto the second spot over Saudi Arabia, data from Chinese customs for May imports showed on Friday.
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The gas pipeline will stretch over a distance of about 1,100 km and will pump a total of 31.5 billion cubic meters of natural gas annually.  
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Russia's largest natural gas producer Gazprom has made no changes to the Nord Stream-2 gas pipeline project despite a possible new round of U.S. sanctions against Russia, Gazprom Deputy Chief Executive Andrei Kruglov said on Thursday.
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June 20, 2017   Reuters  |  Russia  |  natural gas exports LNG
LNG Gorskaya, a privately-owned Russian liquefied natural gas (LNG) producer, has launched a 340 million euro ($379 million) project to become the first LNG exporter from Russia's European coast, its CEO told Reuters.
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June 18, 2017   Reuters  |  Russia  |  oil supply
Russia's largest oil producer Rosneft said on Sunday it had found its first oilfield in the Laptev Sea in the eastern Arctic, making a breakthrough in the search for hydrocarbons in the harsh and far-flung region despite Western sanctions.
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German Chancellor Angela Merkel said on Thursday she saw no need for a separate mandate for the European Commission to negotiate with Russia over its objection to the divisive Nord Stream 2 pipeline project to pump more Russian gas to Europe.
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New sanctions on Russian energy projects proposed by the U.S. Senate are aimed at boosting liquefied natural gas (LNG) exports from the United States to Europe, an official from Russian gas giant Gazprom was quoted as saying on Thursday.
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June 14, 2017   Reuters  |  Russia  |  oil supply
Rosneft and its partners plan to invest 480 billion roubles ($8.4 billion) in developing Russia's offshore energy industry in the next five years, part of a bid to boost output from new areas, the Russian oil major told Reuters.
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Reports from Russia say the country will join forces with Saudi Arabia to invest in future energy projects, notably in the Arctic north, where Novatek plans to build its second project, Arctic LNG II.
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Austrian energy group OMV and Russia's Gazprom are considering reviving a gas pipeline project through the Black Sea connecting Russia to central and southern Europe, an Austrian newspaper said on Tuesday.
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Russian giant Gazprom said its natural gas exports to Europe rose over the period of first five months in 2017, compared to the corresponding period last year.
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The European Union's executive on Friday asked 28 governments in the bloc to give it the authority to negotiate with Russia to ensure its laws are respected in building the Nord Stream 2 gas pipeline, a project that has divided EU states.
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Russian gas supplies to Italy are expected to jump to 94 million cu m on Friday, according to nominated volumes for the day, with Algerian deliveries set to drop sharply as a result.
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The head of the European Council, Donald Tusk, has waded into a dispute over a proposed new pipeline for Russian gas that pits Germany against eastern members of the EU, saying the plan would be harmful to the bloc’s interests.
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Talks over new routes for gas supplies to China from Russia have stalled while Beijing rethinks the balance of its energy needs, including how much liquefied natural gas (LNG) it might use, two Russian sources familiar with the matter told Reuters.
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Russia's Gazprom may still hold a gas auction for delivery into Europe in 2017, but a decision on whether to organize a new sale would depend on whether there was additional demand for gas in its key European market later in the year, the head of the company's export arm said Tuesday.
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