Germany could ban fracking until at least 2021 and strictly regulate the use of any such technology in future under policy proposals drawn up by the economy and environment ministers.
OAO Gazprom, the world's largest natural gas producer, will supply fuel to China at a price close to Germany's, according to Russian officials.
The German government is examining whether energy company RWE's plan to sell its oil and gas exploration and production division to a Russian-linked investment company threatens Germany's strategic interests.
Gazprom Neft refined less oil in 2013 than it did in 2012, with refining volumes dropping from 43.3 million tons to 426 million tons, year-on-year, Gazprom Neft CEO Aleksandr Dyukov said 6 June during the company's annual shareholder meeting.
Polish energy concern Polskie Gornictwo Naftowe i Gazownictwo (PGNIG) hopes for a gas price reduction from the Russian gas holding Gazprom at the year-end, the Polish company’s head Mariusz Zawisza said on June 3, ITAR-TASS has said.
St. Petersburg hosted on May 26 a meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Karsten Heuchert, Chairman of the Verbundnetz Gas (VNG) Executive Board, Gazprom’s press office has said.
As part of OMV’s Refining and Marketing strategy, the extended butadiene plant at the refinery in Schwechat started operating on May 2, 2014, OMV’s press office said on May 15.
Russia’s gas export monopoly Gazprom has increased gas supplies to Europe by 2.6% to 42.74 billion cubic meters from January to March 2014, according to the company’s report released on May 14, ITAR-TASS has said.
Germany's biggest utility E.ON says the current political crisis in Ukraine puts Russian gas supplies at risk, ITAR-TASS reported on May 13.
Ukraine imported in January-February 2014 as much as 4.119 billion cubic metres of Russian gas to a sum total of 1.128 billion U.S. dollars, Ukraine’s State Statistics Service said on April 22, ITAR-TASS reported on April 23.