Now the two sides, buyer and seller, will have to make do without the safety-net the contracts offered: high gas demand translates into high gas prices for the customers, while indexation to low oil prices would have deprived Gazprom of the upside of a temporary supply glitch or a prolonged cold winter.

Обсуждая вопросы текущей деятельности компании в России, участники встречи отметили позитивное сотрудничество во всех сферах, в том числе в нефтегазовой отрасли. "Северный поток-2, являясь коммерческим проектом, направлен на повышение надежности энергоснабжения Европы и обеспечение дополнительных поставок газа.

Net loss of $2.007 billion ($1.38 per common share), due to non-cash asset writedowns, which were a result of the depressed commodity cycle, and a foreign exchange loss on U.S. dollar denominated debt.

Suncor Energy today announced that it is sending a letter to shareholders of Canadian Oil Sands Limited ("COS"). The letter outlines the value of Suncor's offer to purchase all of the shares of COS against the poor performance and track record of COS and what Suncor believes are the severe risks facing COS as an independent company both now and in the future. Suncor strongly encourages COS shareholders to tender to its offer.

A net loss of $376 million ($0.26 per common share) was recorded in the third quarter of 2015, compared with net earnings of $919 million ($0.63 per common share) in the prior year quarter. The net loss for the third quarter of 2015 included an unrealized after-tax foreign exchange loss of $786 million on the revaluation of U.S. dollar denominated debt. Net earnings in the prior year quarter included an after-tax gain of $61 million on the disposal of the Wilson Creek assets in the E&P segment, offset by a $54 million income tax and interest charge related to a prior period in the Oil Sands segment, and the impact of an unrealized after-tax foreign exchange loss of $394 million.

ExxonMobil Corp. says it started production from Arkutun-Dagi field in its Sakhalin-1 project in northeastern Russia. The field is expected to produce about 90,000 boe/d.

The South Stream project is continuing as planned, an official of the Russian Energy Ministry's pool and gas department said on Monday

Gunvor to reduce footprint in Russia

Investors flocked to Kazakhstan’s first dollar-denominated bond in more than a decade, the first sovereign bond deal to include terms created in response to Argentina’s acrimonious default.

Rosneft Discovered a New Hydrocarbon Field in the Kara Sea