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Thursday 2 April 2026

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Context on Energy
News Novak: various factors lead to Russian oil output fluctuations

Russia has a commitment to keep its monthly average oil production in line with a global agreement on oil output, but its level may fluctuate in the course of a month due to various factors, Energy Minister Alexander Novak said on Friday.

  • July 29, 2019
News Russia's Nord Stream 2 pipeline takes EU to court over new gas rules

A Russian-led project to lay a new gas pipeline to Europe is taking the European Union to court to challenge new rules it says endanger its business model, opening a new front in a fight that has divided EU nations.

  • July 29, 2019
News Oil prices rise on Iran tensions, OPEC output cuts

Oil futures rose on Friday as tensions over Iran and an extension to output cuts by OPEC and its allies boosted prices, but mixed economic data limited the rally.

  • July 17, 2019
News Gazprom says new Ukraine government needed for gas talks

Russian state gas giant Gazprom is awaiting the formation of a Ukrainian government before starting talks with Kiev on extending a deal to transit Russian gas across Ukraine to Europe, a senior company official said on Tuesday.

  • July 15, 2019
News Putin knows we want Ukraine gas transit to continue, says Merkel

Russian President Vladimir Putin has stressed that he is aware of Germany’s demand that Ukraine continues to transport gas to Europe after the opening of the Nordstream 2 pipeline, German Chancellor Angela Merkel said on Tuesday.

  • July 15, 2019
News Iran nuclear deal: EU urges reversal of uranium enrichment breach

The EU has strongly urged Iran to reverse its decision to raise the level at which it enriches uranium beyond that allowed by a 2015 nuclear deal.

  • July 8, 2019
News Putin says Russia disagrees with OPEC on fair oil price

President Vladimir Putin said on Thursday Russia had differences with OPEC over what constituted a fair price for oil, but that Moscow would take a joint decision on output with OPEC colleagues at a policy meeting in the coming weeks.

  • June 19, 2019
News Iran and Russia sign memorandum of understanding on energy cooperation: SHANA

Iran and Russia have signed a memorandum of understanding over cooperation in the energy sector, the Iranian oil ministry’s SHANA news agency reported on Monday.

  • June 17, 2019
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