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...

Following the ‘Vienna Agreement’ decided upon at the 171st Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) on 30th November, 2016, Ministers from OPEC met with a...

A project for the construction of a process condensate purification facility at the Gazprom Neft Omsk Refinery has been approved by federal agency Glavgosekspertiza Russia. This project is part of a wide-ranging...

The Finnish government has announced plans to stop using coal, one of the the dirtiest fuels on the planet, by 2030. "Finland is well positioned to be among the first countries in the...

Oil and gas companies in North America are lagging behind their European counterparts in cleaning up their operations, new research has found, with higher greenhouse gas emissions and less investment in clean...

EU regulators plan to limit renewable energy producers' right to be the first to sell their electricity into European power grids, but stopped short of scrapping such privileges for existing projects as...

The issue that currently dominates the outlook for the oil market is the outcome of OPEC’s ministerial meeting in Vienna on 30 November. It has only been two months since OPEC last...

At the 15th Belgrade Stock Exchange International Conference “Upgrade Belgrade 2016“ NIS showcased its accomplishments in natural gas production and inaugurated its Amine Plant, which was put on stream this year within...

Yesterday, the Nord Stream Pipeline celebrated the fifth anniversary of its start of operations. Line 1 started on 8th November 2011 the transportation of natural gas from Russia to European businesses and...

The OPEC High-level Committee, established by the Algiers Accord, met with non-OPEC oil producing countries on Saturday, 29 October, at OPEC headquarters in Vienna.  It was preceded by the first High-Level Committee...

The EU strategy for liquefied natural gas (LNG) must make energy supplies more secure, cut carbon emissions and deliver affordable prices say MEPs in a resolution voted on Tuesday. Parliament calls on...

Oil prices fell more than a percent on Wednesday as a report showing a surge in U.S. crude stocks, rising production in Nigeria and squabbling among producers about a planned output cut...

The World Bank has just upped its oil price forecast for 2017, saying it now expects average prices to be US$55 a barrel over the next year. That’s US$2 more than its...

OPEC Conference President HE Dr. Mohammed Bin Saleh Al-Sada and the Organization’s Secretary General HE Mohammad Sanusi Barkindo held a series of informal meetings with OPEC and non-OPEC oil and energy ministers...

Unexpectedly high growth in the renewable energy market, in terms of investment, new capacity and high growth rates in developing countries have contributed to a change in the energy landscape, the latest...

 Algeria, 27 September 2016 - OPEC Secretary General, HE Mohammad Sanusi Barkindo, attended the opening session of the 15th Ministerial Meeting of the International Energy Forum (IEF) here yesterday. HE Barkindo took part...