Russia’s Ministry of Natural Resources has reportedly granted Novye Proyekty, a little-known private company, the right to explore and develop a section of the Black Sea floor off the coast of...
An explosion at Uzbekistan’s Ferghanaazot chemical plant on February 23 has reportedly left at least five people dead and several injured, according to reports.
Moldova has revealed plans to accelerate reform of its natural gas industry to bring it in line with EU standards, the country’s energy minister said last week.
There has been a rise in fuel smuggling from Kazakhstan to Kyrgyzstan since the latter joined the Eurasian Economic Union (EAEU), a government official in Bishkek claimed last week. Kyrgyzstan...
RN-Yuganskneftegaz, the largest production unit of state-owned oil company Rosneft, managed a 2% growth in oil output in 2016, reversing a trend of decline seen in recent years.
The Russian Finance Ministry has proposed including the Samotlor field among test objects for a new system of taxation in the oil industry, Russian media reported last week.
Russian President Vladimir Putin, speaking on a video feed from the comfort of a Kremlin conference room, participated in the launch of three...
The Georgian government will start receiving monetary payments for the transit of Russian natural gas next year, under a new agreement with Russia’s Gazprom.
Russia’s Gazprom saw natural gas shipments to countries outside the Commonwealth of Independent States (CIS) hit a record high this week, owing to cold weather in Europe.
Kazakh state-owned energy giant KazMunaiGaz (KMG) has wrapped up the sale of a majority stake in its Romanian subsidiary to Chinese conglomerate CEFC.
Non-OPEC producers including Russia, Azerbaijan and Kazakhstan have backed the cartel’s proposals to reduce global supply from January 2017 with their own 558,000 bpd cut...
Kazakhstan’s national gas grid operator KazTransGaz (KTG) has announced the completion of a compressor unit that will allow the transfer of up to 6 bcm per year between two pipelines.
Turkmen President Gurbankuly Berdymukhammedov told a government session in late November that he wanted the modernisation of the country’s oil refineries to be completed.
London-listed KMG EP saw profits slide by 45% year on year in the first nine months of 2016, despite a 47% jump in revenues.
Russia’s economic development minister, Alexei Ulyukayev, has been detained on charges of bribery relating to Rosneft’s recent US$5 billion purchase of a stake in Bashneft.