Russia is set to remain a central player of the European gas industry, as an eventual deal between Kiev and Moscow is not a precondition of strong ties between the European Union and the Kremlin. This is was a view emerging from the first day of the European Autumn Gas Conference.
British wholesale gas prices for the rest of this year fell on Friday after Ukraine and Russia signed a deal which will see Moscow resume supplies of gas over the winter.
Ukraine and Russia resolved their natural-gas feud on Thursday in a hard-fought deal that averts the threat of gas shortages in Europe this winter.
A strong Dubai price in a weak oil market has created a dilemma for top oil exporter Saudi Arabia as it works out official monthly selling prices for December.
French oil major Total SA is well placed to weather the recent oil-price volatility, with new production scheduled to come on stream over the next two years set to bolster the company, its new Chief Executive Patrick Pouyanné told a London industry conference Thursday.
Asia's largest oil refiner Sinopec Corp, which on Thursday posted a 12 percent fall in quarterly earnings, aims to use part of $17.5 billion in proceeds from a stake sale to boost shale gas production and lower debt.
Asian buyers line up for Mozambican LNG with new deals
ОАО «НК «Роснефть» крайне удивлена появлением публикации в газете «Коммерсант», содержащей ссылки на ее участие в подготовке неких "предложений" по встречным санкциям.
OPEC Head Tells Oil Market to Stop Panicking About Prices
Результаты за 9 мес. 2014 г.: открытие нового уникального месторождения в Карском море, рост суточной добычи углеводородов на 5,0%, рост свободного денежного потока в 2,7 раза, рост EBITDA на 28,9%, выплата объявленных дивидендов 136 млрд руб.