An investment of USD 1.5bn will go to the first stage of the construction of a heavy waste treatment complex at the Bulgarian Lukoil Neftochim Burgas refinery, Novinite.com reported on April 24.
$ 3-4 billion is needed for the top-priority stage of the Ukrainian gas transportation system modernization, Energy and Coal Industry Minister Yuriy Prodan told journalists, Ukrinform reported on April 24.
The Russian gas monopoly Gazprom on April 23 billed Naftogaz of Ukraine USD 11 billion for taking less gas than contracted in 2013, Gazprom deputy CEO Alexandr Medvedev told reporters on April 24 in Moscow, Ukrinform has reported.
U.S. Senator Bob Corker has said that it is expedient for the West to immediately impose sectoral sanctions on Russia in order to deter the Kremlin's attempts to subjugate Ukraine, Ukrinform reported on April 24.
China's top economic planner announced on April 24 that it will raise the per-tonne retail price of gasoline by 155 yuan (25.33 US dollars) and diesel by 145 yuan as of April 25, Xinhua has reported.
The US is most likely to export its shale gas to Asia instead of Europe, for the prices are more attractive in the former, Russia’s Ambassador to the EU Vladimir Chizhov told the international high-level conference on European energy policy, held in Bruges on April 24, I
Ukraine and Slovakia will sign a memorandum on reverse-flow gas supplies on April 28, Ukrainian acting Minister of Energy and Coal Industry Yuriy Prodan said after talks with his Slovak counterpart on Thursday, April 24, ITAR-TASS ha said.
Supplies of Russian natural gas to Slovakia and transit via the country proceed stably in line with long-term contracts between Gazprom Export, SPP and Eustream, the press service of the Russian Energy Ministry reported on April 24, ITAR-TASS has said.
Investments of Russian oil major company Rosneft will double to reach 79 billion rubles ($2.2 billion) in the Far Eastern Federal District by 2015, Rosneft President Igor Sechin said at a meeting of the governmental commission on socio-economic development of the Far Eas
Ukraine’s energy company Naftogaz Ukrainy has ordered pipeline operator Ukrtransgas to initiate reverse supplies of 4.08 million cubic meters of gas through Poland under a contract with Germany’s RWE, Ukrtransgas spokeswoman Yelena Mostitskaya told RIA Novosti on April 2