Creditor banks to India's Essar Oil approved the acquisition of the company by a group including Russia's Rosneft, two sources familiar with the matter said, removing a key hurdle to the $12.9 billion deal that has been in the works for two years.

«Роснефть» намерена развивать сотрудничество с китайскими партнерами в добыче и переработке, транспортировке и хранении энергоресурсов, торговле нефтью и нефтепродуктами, а также в финансовой сфере».

According to Tatiana Mitrova, head of the oil and gas research department at the Energy Research Institute of the Russian Academy of Sciences, there will be no need for new Russian LNG or pipeline gas to Asia until 2025.

Preliminary production figures for May 2017 show an average daily production of 1 980 000 barrels of oil, NGL and condensate, which is a decrease of 128 000 barrels per day compared to April.

BP and RIL partnered in 2011 when BP acquired 30% interest in multiple oil and gas blocks in India operated by RIL, including the producing Block KGD6. RIL currently operates KGD6 with 60% interest, while BP still holds 30% and Niko Resources Ltd. has the remaining 10%.

"It is worth taking the risk at $1 billion because it opens a huge market. We are perfectly conscious of some risks. We have taken into account (sanctions) snap-backs, we have to take into account regulation changes," Pouyanne said in an interview.

At the New York Mercantile Exchange (Nymex), the July 2017 contract price fell 5¢ from $3.071/MMBtu last Wednesday to $3.020/MMBtu yesterday.

В 2016 году «Газпром» экспортировал в дальнее зарубежье рекордные 179,3 млрд куб. м газа — на 12,5% или на 19,9 млрд куб. м больше, чем в 2015 году. Крупнейшими покупателями стали Германия, Турция и Италия. При этом Германия, рынок №1 в Европе, импортировала максимальный за всю историю объем российского газа — 49,8 млрд куб. м.

Alexey Miller, Chairman of the Management Committee of Gazprom, and Ben van Beurden, Chief Executive Officer of Royal Dutch Shell, signed at the St. Petersburg International Economic Forum 2017 the Heads of Agreement to set up a joint venture.

The upward trend continues: from January through May 2017 Russian gas deliveries to France added 8.8 per cent compared to the same period of 2016.

Following last year’s increase of 38 per cent, Gazprom continued to boost its gas exports to the Austrian market. Specifically, from January through May 2017 Russian gas deliveries to Austria added 79.5 per cent compared to the same period of 2016.

over the past five months, Gazprom’s gas supplies to the country added 37.3 per cent compared to the January–May period of 2016.

In 2016 Gazprom’s gas deliveries to Serbia had added 4.3 per cent compared to 2015. On top of that, the first half of 2017 saw a considerable increase in the demand for Russian gas: from January through May 2017 Gazprom’s gas supplies to Serbia climbed 42.2 per cent compared to the same period of 2016.

По итогам встречи стороны приняли Санкт-Петербургскую Декларацию Российской Федерации и Республики Индии: Взгляд в XXI век. В Декларации, в частности, отмечено стремление двух стран к строительству «энергетического моста» и расширению двусторонних отношений по всем направлениям, включая атомную, углеводородную и гидроэнергетику, а также возобновляемые источники энергии и повышение энергоэффективности.

Speech by Alexey Miller at “Global Gas Markets: Energy Policy and Energy Security” Panel Session held as part of St. Petersburg International Economic Forum