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Saudi Aramco CEO Says Oil Will Dominate over Renewables for Decades
Demand for oil and gas will continue to grow for the next few decades and any fall in capital investment for the industry will cause “spikes” in prices and affect the global economy, according to the president and CEO of…
Secretariat Questions Legality of Serbia-Russia Intergovernmental Agreement on Natural Gas Supply
On 12 January 2017, the Secretariat sent an Opening Letter to Serbia in Case ECS-18 In its Letter, the Secretariat addressed a 2012 Agreement between the Serbian and Russian governments on the supply of natural gas to Serbia. The Agreement…
Alexey Miller’s Speech about Gazprom Results
Beside wide analysis of 2016. year, Mr Alexey Miller at the end of last year stressed some facts at the internal meeting in Gazprom. Over the course of 2016, the working gas capacity of our UGS facilities grew by 1,260…
Gazprom’s Positions Remaining Stable Amid Changing External Environment
The Gazprom Board of Directors took note of the information about the impacts caused by the events of 2016 on the long-term outlook for the global energy market. It was highlighted that a number of major economic and geopolitical events…
Barack Obama Bans Oil and Gas Drilling in Most of Arctic and Atlantic Oceans
Obama uses law that allows presidents to block sale of new offshore drilling and mining rights and makes it difficult for their successors to reverse decision. Barack Obama has permanently banned new oil and gas drilling in most US-owned waters…
Gazprom Expanding Cooperation with Japanese Partners
A Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee, paid a working visit to Japan.Tokyo hosted high-level meetings with the top officials of the Agency for Natural Resources and Energy under Japan’s Ministry of Economy, Trade…
Milestone in Nord Stream’s Repair Preparedness Strategy: Subsea Repair Clamp Delivered to Haugesund
The latest element of Nord Stream’s repair preparedness strategy, a subsea repair clamp, reached its destined storage facilities in Haugesund, Norway. The hydraulically activated repair clamp can restore structural and pressure integrity of the pipeline in the unlikely event that…