Hungarian state-owned power wholesaler MVM Zrt. will oversee construction of a natural gas interconnector with Slovakia as a next step in...
Russian oil companies have failed to live up to their obligations to modernize the refining sector, the country's Prime Minister Vladimir Putin...
Russia's fuel shortage problem is under control, but a temporary ban on gasoline exports could be put in place, the country's energy ministry said...
Russian oil companies will only halt exports of high octane gasoline in May, a spokesman for the country's biggest oil producer OAO Rosneft...
Russia produced an average of 10.23 million barrels a day of crude oil and gas condensate in February, up 0.2% from January, statistics from the...
Venezuelan officials have chosen a group of foreign companies to develop the country's offshore natural gas project Mariscal Sucre, Reuters...
Russia produced 10.21 million barrels of crude oil a day in January, slightly up from December, but short of the record high of 10.26 million...
The chief executive of OMV AG (OMV.VI), Central Europe's largest oil and gas company, was Thursday acquitted of charges for insider trading in...
Mid-sized Russian oil producer OAO Bashneft (BANE.RS) Thursday won the right to develop the Trebs and Titov oil fields in northwest Russia...
Russia exported 20.1 million metric tons of crude oil in November, down 2.5% from the same month last year, statistics from Russia's energy...
Russian natural gas production totaled 59.27 billion cubic meters in November, up 1.7% from the same period last year, statistics from Russia's...
Russia plans to harmonize its oil and gas reserves classification with international standards by 2012, the Resources Ministry said Wednesday...
Russia is speeding up the East Siberia-Pacific Ocean oil pipeline and plans to finish the project, carrying Siberian crude to Asian markets, one...
Russia is speeding up the East Siberia-Pacific Ocean oil pipeline and plans to finish the 4,000-kilometer project, carrying Siberian crude to...
Russian oil output reached a new post-Soviet high in September, continuing to perform against expectations this year, and some analysts are now...
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