Gazprom, OMV have agreed, inter alia, to extend until June 2022 the negotiations for the final agreement on the deal.

With oil prices tumbling, OPEC now wants to deepen its production cuts with non-OPEC allies by 1.5 million b/d for the full year 2020, instead of just the second quarter, sources said Thursday.

Средняя цена на нефть марки Urals в январе-феврале 2020 года сложилась в размере $ 58,13 за баррель

Construction works on the 55 Bcm/year Russian Nord Stream 2 pipeline linking Russia to Germany via the Baltic Sea were abruptly interrupted in late December after the US government implemented new sanctions threatening measures against contractors building the project.

Ожидаемый объем дополнительных нефтегазовых доходов федерального бюджета, связанный с превышением фактически сложившейся цены на нефть над базовым уровнем, прогнозируется в марте 2020 года в размере +172,1 млрд руб.

RUSHYDRO Reported: net profit RUB 51,547 mn – adjusted net profit (-27.1% y-o-y) net profit in 2019 – RUB 643 mn (-98.0% y-o-y) mostly as a result of impairment of property, plant & equipment.

“Conoravirus ... is a short-lived factor which is affecting oil prices ... There will be an OPEC (and non-OPEC) meeting, compensatory measures will be taken which will take the excess oil off the market and the oil price will rebound,” Fedun said.

Bulgaria imports 2.9 billion cubic meters of gas from Russia per year under a long-term contract valid through 2022.

"I want to emphasize, for the Russian budget, for our economy, current oil prices are acceptable. Let me remind you that this year, as part of our macroeconomic policy, we took a Brent crude price of $42.40/b as the base level," Putin said during a meeting on the impact of the coronavirus on the global economy and the oil market with government ministers and representative of oil and gas companies.

Despite heavy lobbying by Saudi Arabia, the 23-country coalition of OPEC and non-OPEC producers has yet to agree on any plans to rein in crude oil production further.

Russian oil output stood at 11.29 million barrels per day (bpd) in February,

Поступившие в федеральный бюджет в 2019 году доходы от размещения средств ФНБ в разрешенные финансовые активы составили 95 178,6 млн. рублей (в том числе проценты по валютным счетам в Банке России – 42 460,8 млн. рублей, доходы от вложений в иные финансовые активы – 52 717,8 млн. рублей).

Net income attributable to Rosneft shareholders $10.9 bln

2019 AVERAGE DAILY HYDROCARBON PRODUCTION AMOUNTED TO 5.79 MMBOE, WHILE AVERAGE DAILY LIQUIDS PRODUCTION WAS AT 4.67 MMBBL, THE INDICATORS REMAINED AT 2018 LEVEL

Scientists at the National Research Nuclear University MEPhI (Russia) have created a new type of solar panel based on hybrid material consisting of quantum dots (QDs) and photosensitive protein.