Gazprom to receive European funding for second Nord Stream gas pipeline

Gazprom’s plans to lay a second gas pipeline along the bed of the Baltic Sea came…

Shell looks for smaller stake in Baltic LNG as costs rise to $11.5bn

In-house valuation teams at Gazprom and Shell have estimated the total investment required to develop the…

Gazprom agrees to sell off Latvjias Gaze to comply with EU restrictions

Gazprom has  agreed to sell its 34% share in Latvia’s natural gas distributor Latvijas Gaze in…

OMV puts Nord Stream 2 costs at €10bn with 2019 commission date

Nord Stream 2 costs: The Austrian oil and gas distributor OMV has put the cost of laying…

Gazprom and BASF sign up to Nord Stream 2

Gazprom  and BASF yesterday formally agreed to work together on the  construction of the Nord Stream…

EU Third Energy Package triggers Gazprom foreign assets sale

Gazprom foreign assets sale: Stipulations within the EU Third Energy Package, that gas suppliers can no…

Nord Stream extension will keep European gas cheap – Medvedev

Nord Stream extension: Laying a second gas pipleine under the Baltic Sea from Russia to Germany…

Moscow seeks to reassure Europe with new Baltic pipelines

Baltic pipelines: The Russian energy sector’s European charm offensive continued today with Energy Minister Alexander Novak…

Gazprom in deal to with European oil majors to build new Baltic Sea gas pipeline

Baltic Sea gas pipeline:  Gazprom has signed an MoU with E.ON, Shell and OMV for the…

Putin ratifies Baltic Sea drilling rights law for private oil companies

Baltic Sea drilling: Private oil  companies will be able to develop any oilfields they discover in…

Ramenskoye to become Moscow’s fourth international airport

Ramenskoye: Lithuania’s Avia Solutions Group this week signed a joint venture with Rostec to turn the…

Nordic Star tour operator suspends operations

Nordic Star: The St Petersburg tour operator Nordic Star yesterday announced that it was suspending operations. The…

Surgutneftegas to export diesel through Ust-Luga port

Ust-Luga port: The Siberian-based energy company Surgutneftegas is to start exporting diesel through the Baltic port…