Kazakhstan aims to strike a deal later this month to sell gasoline to neighbouring Kyrgyzstan, posing a threat to Russia’s market share.
Irkutsk Oil Co. (INK), a mid-sized oil producer in Eastern Siberia, has reportedly offered Russian petrochemicals giant Sibur a stake in a polymer project.
Russia’s Gazprom Neft has won drilling rights to another tract of land in the Arctic, as it continues its search for new oil discoveries.
Yermak-Neftegaz, a JV between long-time partners Rosneft and BP, has shored up plans to sink its first exploration well next year at the West-Yarudeisky block in Russia’s Yamal Nenets region.
Kazakhstan has replaced the head of its national oil producer KazMunayGas (KMG) – a move that could have implications for the company’s planned IPO next year.
Novatek has announced the discovery of a gas condensate field in the Yamalo-Nenets area of Western Siberia.
BP has shed light on its plan to construct a new platform at the Azeri-Chirag-Deepwater Gunashli (ACG) fields off Azerbaijan.
Russia’s state-owned Gazprom Neft is competing with privately controlled Corporation Energy for rights to an oil and gas block in the Gulf of Ob.
Norway and Russia have struck a pact giving them mutual rights to acquire seismic data on either side on their maritime border in the Barents Sea.
Ukraine plans to raise household gas prices by 23.5% on November 1, after yielding to pressure from the IMF.
Russia is ready to resume imports of gas from Turkmenistan in 2019 after a three-year hiatus. The move would provide a lifeline to the Turkmen economy, which has stagnated under the pressure of...
Russia’s Rosneft and Lukoil have locked horns over the cost of delivering oil from an Arctic joint project to market.
A new petrochemical complex on the Turkmen shore of the Caspian Sea has sold its first batch of finished products.
BP has acquired a majority stake in an onshore oil and gas project in Azerbaijan, consolidating its position as the country’s biggest foreign investor.