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Gazprom Says Controversial Russian Pipe Can Ship Gas in 2021

(Bloomberg) A controversial Russian pipeline to Europe can deliver its first batches of natural gas to Germany this year, according to Gazprom PJSC. ....

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Russia's Nord Stream Pipeline 99% Complete, but Insurance Needed Before Gas Flows

A controversial Russian pipeline to Europe can deliver its first batches of natural gas to Germany this year, according to Gazprom PJSC. The Nord Stream 2 ....

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UPDATE 1-Russia's Novatek swings to first quarter profit

By Reuters Staff
(Adds detail, analyst comment)
MOSCOW, April 28 (Reuters) - Novatek, Russia’s largest producer of liquefied natural gas (LNG), swung to a first-quarter net profit of 65.2 billion roubles ($873.3 million) from a loss of 30.7 billion roubles in the same period of 2020, it said on Wednesday.
Novatek said the main factors behind the improved results were better macroeconomic conditions, which resulted in an increase in the sale price of hydrocarbons, as well as a rise in natural gas and gas condensate production volumes.
It said a cold winter also spurred demand for hydrocarbons, while the pandemic remained a key uncertainty factor. ....

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Lukoil Profit Unexpectedly Falls on Weak Refining, Trading

Lukoil Profit Unexpectedly Falls on Weak Refining, Trading
Bloomberg
3/10/2021
© Bloomberg
An OAO Lukoil gas station.
(Bloomberg) Lukoil PJSC unexpectedly reported lower fourth-quarter net income on weak refining and trading operations, but positive free cash flow means investors could be rewarded with the highest dividend yield among major Russian oil companies.
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The pandemic continued to put pressure on oil firms’ earnings late last year as soft demand narrowed margins from producing and selling fuels. But Russian companies remained committed to dividend payments in 2020 despite the hit from Covid-19 and output curbs as part of the OPEC+ deal.
In the fourth quarter, Lukoil’s “international trading operations, lower refinery throughput volumes, weaker refining and trading margins” offset higher crude production, growth in oil prices, ruble’s depreciation as well as an increase in international gas output, Russia� ....

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Svenska Dagbladet (Швеция): газовая война Байдена против России и Европы

Svenska Dagbladet (Швеция): газовая война Байдена против России и Европы
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