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Costs associated with oil exports to countries outside the Commonwealth of Independent States hurt profits, Russian crude oil producer Bashneft said Monday.
China National Petroleum Corp. agreed to work more closely with Russian suppliers to secure gas deliveries through an eastern route, said Gazprom.
Bulgaria will receive a 20 percent discount on Russian gas supplies under a new, 10-year contract with Russian supplier Gazprom, the two sides say.
Russian energy company Gazprom said it found "a mutually acceptable mechanism" on price for natural gas with its Polish partners.
A state-owned pipeline operator in Croatia said it wasn't aware of a decision by Russian energy company Gazprom to move South Stream around its territory.
Hungarian officials signed off on a final investment decision for the South Stream natural gas pipeline, Russian energy company Gazprom said.
A focus by Russian energy company Gazprom on Asian markets makes sense given the strength of the region's economy, an executive said from Vladivostok.
Russian energy company Gazprom signed a deal with ports operator Summa Group to consider the use of liquefied natural gas for fuel aboard ships.
The signing by Gazprom and Bulgaria of documents on the implementation of the South Stream natural gas pipeline is a milestone, an executive said.
Russian technicians arrived in China to visit shale natural gas fields under development by the China National Petroleum Corp., Gazprom said.
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