U.S. oil output to overtake Saudi Arabia, Russia

January 22, 2018 0

U.S. crude oil supply will surpass the 10-million-barrels-per-day (MMBPD) mark this year, overtaking Saudi Arabia and rivalling Russia, the International Energy Agency (IEA) said Friday on its monthly oil report.

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Gazprom’s return to Ukraine to hurt EU traders

January 11, 2018 1

European natural gas traders are poised to lose over $1 billion in sales to Ukraine, once the country’s state-owned gas firm, Naftogaz, resumes gas imports from Russia’s Gazprom under their long-term contract valid until 2019.

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PGNiG’s gas supplies to Ukraine set record

January 11, 2018 0

Polish state-run oil and gas company, PGNiG, is consolidating its role in the Central and Eastern European gas market, with sales to Ukraine via a direct interconnector hitting a record-high of 700 million cubic meter (MMcm) in 2017.

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Sanctioned Russian LNG heads to U.S.: media

January 9, 2018 0

Russia’s liquefied natural gas (LNG) produced by the Yamal LNG project in Siberia, which arrived in the UK late last month, is now reportedly heading to meet growing gas demand in the U.S.’s northeast.

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