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OMV to Buy Siberian Assets from Gazprom Instead of Swap

Oct 03, 2018

OMV has agreed to buy Siberian assets from Gazprom instead of swapping them, the Austrian oil and gas group said on Wednesday.In 2016, OMV agreed to swap 38.5 percent of its Norwegian assets for 24.98 percent of the Russian company's Urengoy gas field…

Novatek to Open Third Line of Yamal Project in December

Oct 02, 2018

Russian natural gas producer Novatek plans to open the third line of its Yamal liquefied natural gas project in December, ahead of schedule, Chief Executive Leonid Mikhelson said on Tuesday.Novatek's Yamal terminal has been ramping up LNG shipments…

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Russian nuclear chief: the situation at Ukraine's Zaporizhzhia Nuclear Plant has reached a 'point without return'
Total volumes drop to a two-year low after record oil withdrawal from US emergency reserves
Oil prices rise, but tech stocks are mostly down.
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