Belarus and Russia have agreed on an approach and method to compensation over tainted oil in the Druzhba pipeline, the RIA news agency said on Monday, citing the Belarusian government.

• January 24, 2020

Gazprom Neft, Russia’s third largest oil producer, believes Moscow’s cooperation with OPEC on output will continue into the long term, Deputy Chief Executive Vadim Yakovlev told reporters on Friday.

• January 22, 2020

Belarus introduced a tax on Friday on oil transportation and transit across its territory, setting it at 50% of profits, a statement from the president’s office said.

• January 10, 2020

Belarus’ state oil company Belorusneft has suspended supplies of its own oil to Germany this month as Minsk needs to compensate for shortages of Russia-sourced oil amid a contract dispute with Moscow, four industry sources told Reuters on Friday.

• January 10, 2020

The presidents of Turkey and Russia on Wednesday formally launched the TurkStream pipeline which will carry Russian natural gas to southern Europe through Turkey, part of Moscow’s efforts to reduce shipments via Ukraine.

• January 8, 2020

Russia’s Russneft, co-owned by trader Glencore, is the only Russian supplier delivering oil to Belarus after the start of the new year, allowing the neighbor’s refiners to continue processing modest volumes of crude, three industry sources told Reuters.

• January 8, 2020

Russia has halted oil supplies to refineries in Belarus, the Belarusian state energy firm said on Friday, amid a new contract dispute that is also threatening large Russian oil deliveries to Western Europe crossing the country.

• January 8, 2020

Russian Prime Minister Dmitry Medvedev said on Monday that the Nord Stream 2 gas pipeline would be completed in a matter of months and U.S. sanctions imposed on the project last week would not be “catastrophic”.

• December 23, 2019