Search results for: Russia-Ukraine deal

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  • 2 October 2014

    NYC-based PIRA Energy Group believes that the Ukraine hedge: high global gas stocks emerge outside U.S., while in the U.S., stock build was a hair above consensus, with NYMEX gaining.  In Europe, final details and credit grabbing hold up Russia/Ukraine deal for winter. The key short term issue overshadowing LNG markets for winter, both in […]

  • 30 October 2014

    NYC-based PIRA published it’s weekly gas report finding that premium LNG buyers in Asia are few and far between.

  • 4 September 2014
    Business & Finance

    France has finally succumbed to the pressure of its NATO allies and, according to a statement issued Wednesday by the Office of the French President Francois Hollande, has decided to suspend delivery of Mistral ships to Russia. The 1.2 billion euro deal for the two ships, also known as helicopter carriers, for the Russian Navy was […]

  • 4 September 2012

    In 2011 alone Ukraine overpaid 6 billion dollars for natural gas, Ukraine’s Vice Prime Minister Serhiy Tihipko said in his interview with the British newspaper The Telegraph. “We have the most expensive gas in Europe… and we are not the richest country in Europe,” said Tihipko. In Q2 2012 Ukraine paid an average of USD […]

  • 29 May 2013

    The gas contract between Ukraine and Russia can be altered only by means of negotiations in which the current authorities have been up to for the three years. Prime Minister Mykola Azarov stressed during a session of the Cabinet of Ministers on Wednesday. “I want with all responsibility to declare: all the three years every […]

  • 5 November 2014

    Ukraine’s Naftogaz paid back $1.45 billion debt to Gazprom allowing Russian gas to start flowing towards Ukraine again.

  • 31 July 2014
    Business & Finance

    The U.S. sanctions against Russian state-owned naval designer and shipbuilder JSC United Shipbuilding Corporation (USC) will make life difficult for the company, especially with respect to financial transactions with payments in USD, according to the Corp. President Alexey Rakhmanov. However, the sanctions “are not fatal” for the USC, Rakhmanov told “Russia 24” TV Channel, adding […]

  • 6 September 2011

    Russia’s top energy official said on Tuesday that Ukraine cannot unilaterally break a gas deal at the heart of a pricing dispute, ratcheting… (reuters) [mappress] Source: reuters, September 6, 2011;  

  • 28 January 2013

    BBC, Financial Times, The Globe and Mail, The New York Times, Reuters, The Wall Street Journal and a number of other global media representatives draw public attention to the signing of the production sharing agreement between Ukrainian government and the Royal Dutch Shell. According to the agreement, Shell and Ukrainian state company Nadra Yuzivska, have […]

  • 18 June 2013

    The price of gas from RWE German company is cheaper than the price of Russian gas by USD 100 per one thousand of cubic meters. Prime Minister of Ukraine Mykola Azarov announced in Paris during a meeting with leaders of MEDEF International. “We are purchasing gas from German RWE, pump it through Poland, Slovakia, Hungary […]

  • 20 December 2018

    Over 40 U.S. senators have called for the cancellation of the Nord Stream 2 offshore gas pipeline as a response to Russian actions in the Kerch Strait and the Sea of Azov. 

  • 25 April 2017

    By Dmitry Zhdannikov LONDON (Reuters) – A new pipeline from Russia’s Arctic fields to Germany will boost Moscow’s share of the European gas market despite competition from Qatar and the United States, and will also mean much less fuel goes via Ukraine, Russian gas monopoly Gazprom said. Chief Executive Alexei Miller told Reuters supplies via […]

  • 13 November 2012

    UK’s BP and Russian consortium AAR, joint shareholders in TNK-BP, today announced that they have reached a comprehensive agreement to settle all outstanding disputes between them, including the current arbitrations brought by each against the other. The agreement includes an immediate waiver of the new opportunities provision in the TNK-BP shareholder agreement, allowing each party […]

  • 22 December 2014

    Russian oil company Rosneft has repaid part of a loan taken to pay for the acquisition of TNK-BP. Rosneft has said that on Monday, December 22, it paid around $7 billion to lenders. According to the company, the overall amount paid throughout the year totaled $24 billion, in full accordance with the credit agreement. Rosneft in 2012 […]

  • 10 November 2014
    Business & Finance

    Norwegian offshore drilling contractor North Atlantic Drilling and Russian oil company Rosneft have delayed a $4.25 billion offshore rig deal. According to an agreement signed by the two companies earlier this year, NADL was to provide six offshore drilling rigs to Rosneft. Also, in a separate deal with Seadrill and NADL, Rosneft was to acquire a […]

  • 22 September 2014

    New technologies, growing Asian markets, and Western sanctions have the potential to shift the regional balance of Russian oil and natural gas production in the long term, according to the U.S. Energy Information Administration (EIA). “Russia was the world’s largest producer of crude oil in 2013” EIA data shows that Russia was the world’s largest […]

  • 31 July 2014
    Business & Finance

    North Atlantic Drilling Ltd., a subsidiary of Seadrill, has announced that 6 binding offshore contracts have been executed with the Russian oil giant Rosneft Oil Company. The total revenue potential for the six contracts exclusive of mobilization is approximately USD 4.25 billion.   According to the agreement, any break rights expire after 100 days. The executed contracts include 5 year […]

  • 30 September 2011

    Turkey joined a chorus of European companies demanding that Gazprom cut its natural gas prices, increasing pressure on the lucrative pricing model that underpins Russia’s gas exports. Turkish Energy Minister Taner Yildiz said on Thursday the country might terminate one of its contracts unless it obtains a sufficient price reduction. “There is a 6 bcm […]

  • 10 January 2018

    Polish Oil and Gas Company (PGNiG) delivered over 1 billion cubic meters of natural gas to the Ukrainian market in the August 2016-December 2017 period. 

  • 19 May 2017

    Italian lender Intesa Sanpaolo took on a deal rival banks had turned down when it advised on the sale of a stake in sanctioned Russian oil major Rosneft last year, and by pulling off the sale it won favour from the Kremlin.

  • 21 June 2016

    Russia’s state-controlled gas giant Gazprom could gain control over some of the assets that Shell acquired earlier this year from BG group, a senior Gazprom executive said in an interview.

  • 20 May 2013

    The Government of Ukraine successfully fulfilled the task given by President of Ukraine, Viktor Yanukovych, concerning the increase of extraction of gas and diversifying sources of gas supply to Ukraine. This was announced by Vice Prime Minister of Ukraine Yuriy Boyko in his speech for the conference titled “The global revolution in LNG: energy security of […]