OPEC+ Deal Saves Energy Market: Novak
The OPEC+ deal on oil output cuts reached last year saved the global energy sector from a collapse and prevented...
Energy
Russia, OPEC Plan to Discuss Need to Increase Oil Production in February
Ministers of the OPEC+ countries will hold two meetings on Monday, where they will decide whether to continue recovery of...
Transit of Russian Gas to EU Through Ukraine Down 38% to 55.8 Bln in 2020
Transit of Russian gas to Europe through the Gas Transmission System Operator of Ukraine (Gas TSO of Ukraine) amounted to...
Russia’s Coal Output Down 5.1% in December, Down 9.2% for the Year
Coal production in Russia in December 2020 decreased by 5.1% compared to the same month in 2019 to 35.56 mln...
Serbian President Launches Balkan Stream Pipeline
Serbian President Aleksandar Vucic has launched the Serbian section of the Balkan Stream pipeline (an extension of the TurkStream pipeline)...
Russia’s Oil Output Drops by 8.6% in 2020
Russia's production of oil and gas condensate dropped by 8.6% to 512,680,000 tonnes in 2020, according to data from the...