Yulia Yulina

Russia correspondent
Gas infrastructure in Belarus. Moscow says the country owes it $125 million for gas. (Gazprom)

Russia and Belarus at odds over debt and pricing

Belarus and Russia are on course for a summer of discord over the pricing and debt associated with their bilateral gas supply agreement.

24 May 2016
OPAL under construction in 2008. Yanovsky said an agreement was reached on the pipeline in 2013. (PA)

Russia locked in talks with EU on Gazprom probe

An out-of-court settlement in the European Commission’s antitrust case against Gazprom would likely favour both parties, but a deal seems some way off.

3 September 2015

Rosneft has not approved or postponed Far East LNG – Molodtsov

Rosneft has not presented the Russian Energy Ministry with an FID for its planned Far East LNG plant, but nor has it notified the ministry that the project has been postponed.

5 February 2015

Lukoil investment in Uzbekistan exceeds $3 bln in 2004-2014

Russian oil major Lukoil invested more than $3 billion in Uzbekistan in 2004-2014, presidential aide Yury Ushakov told journalists before President Vladimir Putin’s visit to Tashkent.

9 December 2014
Gazprom Chief Executive Alexei Miller (left) and Mehmet Konuk, chairman of Botas, sign the new 63 bcm pipeline deal for Turkey. (Gazprom)

South Stream gone but not forgotten in Turkish gambit

Ukraine is back in the picture as a transit state and Gazprom is focusing on Southeastern Europe following Russian President Vladimir Putin’s announcement that the South Stream pipeline will be shelved.

2 December 2014

Lukoil GAAP earnings fall 47.4% in third quarter

Lukoil saw its net profit under US GAAP standards plummet by 47.4% year on year in Q3 2014 to $1.62 billion.

28 November 2014

China can help Russian investment programmes – Dvorkovich

Russian energy companies will be able to finance their investment programmes by raising financial resources from countries that have not imposed sanctions on Russia, in particular China, Deputy Prime Minister Arkady Dvorkovich said.

8 October 2014

US asks Exxon to stop work at Sakhalin 1

ExxonMobil has received a request from the United States government to stop its work as part of the Russian production sharing agreement on Sakhalin 1.

29 September 2014

Shell shrugs off Russian sanctions

Shell is staying the course in Russia and is not yet concerned by sanctions against the country, Olivier Lazare, chairman of the company’s Russian arm, said at an international investment conference in Sochi.

22 September 2014

EU sanctions sidestep Russian gas sector

New and stricter EU sanctions imposed on the Russian energy sector will only include oil companies, the EU has confirmed.

12 September 2014

Ministries against exports for Pechora LNG

Russian ministries are against the proposal of State Duma Deputy Valery Yazev to expand the list of companies allowed to export LNG, a source familiar with the situation has told Interfax.

9 September 2014

Sanctions push Rosneft to build its own equipment

Russian oil giant Rosneft is preparing to phase out equipment and technology imports as much as possible in the medium term, and entirely in the long term, in the face of western sanctions.

8 September 2014

Russia suggests $386/Mcm price for gas to Ukraine

Russia wants Ukraine to pay $385-386 per thousand cubic metres, equivalent to $10.48-10.51/MMBtu, for gas imports until the Stockholm arbitration court makes its decision.

1 September 2014

Rosneft seeks to outmanoeuvre sanctions with drilling tie-up

Rosneft has taken a 30% stake in North Atlantic Drilling Ltd, a Norwegian company specialising in harsh environments, in the latest sign the Russian oil major is working to minimise the effects of Western sanctions.

22 August 2014
Rosneft's headquarters. The company has posted its Q2 and H1 results. (Rosneft)

Rosneft sees good growth but unclear horizons

Rosneft posted healthy results and strong growth in its gas business, but the company’s future is unclear, analysts warn.

28 July 2014

Moscow considers profit-based taxation

Russian hydrocarbon companies which have been lobbying for a transition from revenue-based taxation to a profit-based system saw a glimmer of hope this week, with tentative proposals for a pilot project.

11 July 2014

Rosneft starts field work in Black Sea

Rosneft has begun 3D seismic, gravimetric and magnetic prospecting work at the Yuzhno-Chernomorsky block in the Russian section of the Black Sea, the oil major said in a statement.

7 July 2014

No access for independents to Power of Siberia - Gazprom

Gazprom made clear at its AGM that rival companies will not be allowed access to the planned Power of Siberia pipeline.

30 June 2014

Turkey worried by possible Ukrainian gas transit crisis – Novak

Turkey – which receives around 14 billion cubic metres of Russian gas a year via Ukraine – has expressed its concern about the risk of a transit crisis, Russian Energy Minister Alexander Novak told journalists.

20 June 2014

Rosneft’s main interest in Mozambique is gas – Sechin

Rosneft’s primary interest in Mozambique is in its gas assets, the company’s Chairman Igor Sechin said at the World Petroleum Congress on Monday.

16 June 2014

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