Brazil's state-run oil company Petrobras' debt was downgraded to junk status on Tuesday by Moody's Investors Service. Moody’s Lowers Rating of 5 Russian Companies, Including Transneft.

Exxon Mobil Corp said spending will decline about 11 percent this year to around $34 billion due to plunging oil prices, according to a regulatory filing this week.

Russia's gas supplies to the Asia-Pacific Region by 2035 can rise ninefold from 14 to 130 billion cubic meters, Russian Energy Minister Alexander Novak said at the Krasnoyarsk economic forum.

New natural gas pipeline project from Russia to Turkey, the Turkish Stream, is the only option on the table at present for Russia, say experts.

Plunging sales to Europe and falling energy prices are not only sapping the revenue of Russia's top natural gas producer Gazprom but also depriving the country's budget of much-needed funds.

The project to construct a new gas pipeline with a capacity of 63 billion cubic meters from Russia to Turkey has entered the execution stage, Russian energy giant Gazprom has said by a written statement on late Feb. 24.

Russia might direct a new pipe to Bulgaria functioning as a ramification of its planned gas pipeline to Turkey

There was no clear answer to the question of where LNG for Europe might come from in a session devoted to the topic at the European Gas Conference in Vienna, Austria, but that didn't mean that panel participants were unable to provide a wealth of information and insights to the discussion.

The United States will remain the world’s top source of oil supply growth up to 2020, even after the recent collapse in prices, the International Energy Agency said, defying expectations of a more dramatic slowdown in shale growth.

Gazprom would be in a strong position to secure an outcome