Russia’s Lukoil reports surge in profit to $2.59bn
The firm reported sales of $34.67bn in 2021, a 55.9% increase from the same time last year.
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Germany suspends certification for Russian’s Nord Stream 2 pipeline
The decision comes as pipeline operating company failed to properly set up a subsidiary in a legal form under the…
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Ukraine energy chief denounces Nord Stream gas pressure
A Ukrainian energy official has warned European countries of Russian aggression over gas supplies, following completion of Nord Stream 2.
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Lukoil and Gazprom Neft to develop oil recovery enhancement technologies
The parties intend to develop equipment to manufacture solutions that support enhanced oil recovery.
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Lukoil to acquire additional stake in Shah Deniz project for $2.25bn
Once the deal completes, Lukoil will own 25.5% stake in the Shah Deniz natural gas project.
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Vitol takes delivery of first oil shipment from Rosneft
The new long-term supply deal represents Vitol’s first with the Russian state oil company in eight years.
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Gazprom commissions new route to supply gas to Hungary and Croatia
The Russian firm also reported increased gas production of 378.1 billion cubic metres in January-September 2021.
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Gazprom signs 15-year gas supply deals with Hungary
The deal, which is being criticised by Ukraine, will lead to the supply of up to 4.5 billion cubic metres…
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