Gazprom was declared insolvent

Turkmenistan reported that the Russian energy company Gazprom does not have the money to pay for natural gas “purchase and sale” contracts. The government portal of Turkmenistan Oilgas.gov.tm reports that since the beginning of 2015 the Russian company has not paid its debts to the State Concern Turkmengas. "IN…

Russia blocked the gas to Ukraine, and Kiev promised to de-energize the annexed Crimea

The Ukrainian authorities have threatened to cut off the electricity supply to the territory of the Crimean peninsula, which Kiev considers illegally annexed by Russia. According to the press service of the Russian Ministry of Energy, the Ukrainian enterprise Ukrenergo warned the Russian side that it would stop supplying electricity from midnight on July 1. In Sevastopol they brought...

Demonstrators with “poodle ears” gather in Israel

In Israel, in Tel Aviv, on the evening of June 27, a demonstration gathered against the reform of the gas industry proposed by the government. Currently, about 1000 protesters have gathered in HaBim Square, and their number continues to increase. Many demonstrators wore masquerade “poodle ears” and masks that depict...

The United States regained leadership in oil and gas production

The United States has taken over from Russia the world palm in terms of oil and gas production, according to a new industry report prepared by BP. The change of leader speaks of fundamental changes in the global energy sector, which have occurred due to the development of shale deposits in the United States, the publication states. ...

Gazprom wants to launch Turkish Stream in December 2016

The Russian and Turkish sides agreed to begin commissioning the Turkish Stream gas pipeline in December 2016, says the Gazprom information department. The agreement was concluded following a meeting between the head of Gazprom Alexey Miller and the Minister of Energy and Natural Resources of Turkey on Thursday...

Putin ratified gas supply agreement with China

Russian President Vladimir Putin ratified an agreement on natural gas supplies to China. The relevant law was published on the legal information website on Saturday, May 2. Deliveries will be carried out along the “eastern” route. Previously, the law was adopted by the State Duma and approved by the Federation Council. In October 2014...

Ukraine stops buying Russian gas

Ukraine intends to suspend the purchase of Russian gas from April 1, since there is no need for this. Minister of Energy and Coal Industry of Ukraine Volodymyr Demchishin said this during a briefing. “Now there is no need to buy Russian gas. I think that we will not be it ...

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