IBC Committees Hold Joint Meeting

Paris hosted recently  a joint meeting of two Working Committees (the Modern Technologies and Prospective Oil and Gas Industry Projects Working Committee and the Information and Communications Working Committee) of the International Business Congress (IBC). The meeting was moderated by Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, and …

Bulgaria and Serbia Signed Memorandum of Understanding on Gas Interconnector

Bulgarian outgoing Minister of Energy Temenuzhka Petkova and her Serbian counterpart – Minister of Energy and Mining Aleksandar Antić, inked a Memorandum of Understanding on the project for construction of a gas interconnector between Bulgaria and Serbia, FOCUS New Agency journalist reported. Under the document the two countries agreed to …

Saudi Aramco CEO Says Oil Will Dominate over Renewables for Decades

Demand for oil and gas will continue to grow for the next few decades and any fall in capital investment for the industry will cause “spikes” in prices and affect the global economy, according to the president and CEO of Saudi Arabian Oil Company (Saudi Aramco). Speaking Tuesday at the …

Alexey Miller’s Speech about Gazprom Results

Beside wide analysis of 2016. year, Mr Alexey Miller at the end of last year stressed some facts at the internal meeting in Gazprom. Over the course of 2016, the working gas capacity of our UGS facilities grew by 1,260 million cubic meters. As of the end of the injection …

Gazprom’s Positions Remaining Stable Amid Changing External Environment

The Gazprom Board of Directors took note of the information about the impacts caused by the events of 2016 on the long-term outlook for the global energy market. It was highlighted that a number of major economic and geopolitical events had taken place in 2016, which could potentially affect the …