|Bid||126.87 x 210000|
|Ask||126.91 x 1459000|
|Day's range||126.37 - 127.47|
|52-week range||111.46 - 160.62|
|PE ratio (TTM)||10.55|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||2.64|
Investors from Japan and Middle East have shown interest in Gazprom's Baltic LNG project, Gazprom Deputy Chief Executive Officer Alexander Medvedev said in an interview to the Rossiya-24 TV channel on ...
U.S. sanctions have made financing large Russian projects "almost impossible", the chief executive of Austrian energy company OMV (IOB: 0MKH.IL - news) , which has invested in the Nord Stream-2 trans-Baltic gas pipeline project, said on Wednesday. Washington imposed new sanctions, several targeting Russia's energy sector, last month to punish Moscow over alleged interference in the 2016 U.S. presidential election and the annexation of Ukraine's Crimea. "The financing of such large infrastructure projects becomes almost impossible after the introduction of such sanctions," OMV (EUREX: 430021.EX - news) CEO Rainer Seele was quoted as saying by Interfax.
The $11 billion Nord Stream 2 project to add a second Russian trans-Baltic gas export pipeline will be implemented regardless of how new U.S. sanctions are interpreted, an official at Gazprom told a conference call on Wednesday. Gazprom's officials also said during a call with investors that the newly imposed sanctions by the United States did not bar the company from borrowing abroad. The legislation includes sanctions on foreign companies investing in or helping Russian energy exploration, and cut the period for which U.S.-based entities can provide finance to Russian energy firms from 90 to 60 days.
Russia's Sakhalin II liquefied natural gas export facility has awarded its three-cargo tender to Royal Dutch Shell, Gazprom and Mitsui, trade sources said. The plant offered three October cargoes loading ...
Cameroon plans to begin exporting liquefied natural gas later this year using a newly designed offshore plant that analysts say could slash production costs and unlock African reserves not previously considered economically viable. West and Central Africa's Gulf of Guinea has seen a wave of new oil and gas exploration, particularly since Tullow Oil (LSE: TLW.L - news) discovered Ghana's huge Jubilee gas field in 2007. A specialised vessel owned by Golar LNG (Frankfurt: 677102 - news) will dock offshore Cameroon's Atlantic (Shanghai: 600558.SS - news) coast in the coming weeks for testing.
Proposed changes to Britain's listing regime are likely to attract a series of state-backed companies to London's stock markets as governments in oil rich states prepare for a wave of asset sales. The UK financial regulator proposed a new "premium" listing category for state-owned companies on Thursday, intended to make the market more attractive for oil giant Saudi Aramco (IPO-ARMO.SE) as it plans what is expected to be the world's largest ever initial public offering.
Iran is readying its first round of oil and gas exploration tenders since the easing of economic sanctions, hoping to attract the likes of BP and Gazprom, an Iranian energy official said on Monday. Sitting on some of the world's biggest energy reserves, Iran has already been working on deals to develop existing fields such as South Pars, South Azadegan, Yadavaran, West Karoon, Mansuri and Abe-Timur. Russia's Lukoil and Denmark's Maersk are also potential investors.
Russia's Rosneft, the world's top listed oil producer, wants to supply gas in parts of Europe where Gazprom is not present to avoid the risk of losing those markets to U.S. liquefied natural gas (LNG), a Rosneft executive said. Gazprom, the leading global gas producer, enjoys monopoly rights on gas pipeline exports from Russia.
Computers at Russian state gas giant Gazprom were infected as part of a global cyber attack on Tuesday, a government official and a person investigating the incident told Reuters. The computer virus, which ...
Russia's liquefied natural gas producer Sakhalin-2 was stopped for a planned maintenance from mid-June until mid-July, a spokeswoman for managing company Sakhalin Energy told Reuters on Wednesday. The ...
LONDON/MILAN, June 20 (Reuters) - Italian oil major Eni (Euronext: ENI.NX - news) signed an agreement with Iran on Tuesday for feasibility studies to develop an oil field and a gas field, signalling a possible return to Iran's upstream sector. The Iranian oil ministry's official website SHANA reported Eni had signed a Memorandum of Understanding with the National Iranian Oil Company (NIOC) for studies on the Kish gas field and the third phase of the Darkhovin oil field in southern Iran.
BERLIN/BRUSSELS, June 16 (Reuters) - Germany threatened on Friday to retaliate against the United States if new sanctions on Russia being proposed by the U.S. Senate end up penalising German firms. The Senate bill, approved on Thursday by a margin of 98-2, includes new sanctions against Russia and Iran.
New (KOSDAQ: 160550.KQ - news) sanctions on Russian energy projects proposed by the U.S. Senate are aimed at boosting liquefied natural gas (LNG) exports from the United States to Europe, an official from Russian gas giant Gazprom was quoted as saying on Thursday. U.S. senators approved new sanctions against Russia on Wednesday over alleged meddling in the 2016 U.S. election, targeting certain Russian energy projects.
The European Union's executive on Friday asked 28 governments in the bloc to give it the authority to negotiate with Russia to ensure its laws are respected in building the Nord Stream 2 gas pipeline, a project that has divided EU states. Poland, the Baltic states and others say Nord Stream 2 would increase EU dependence on Russia's Gazprom, which already supplies about a third of the bloc's gas. Backers such as Germany say it will offer the EU cheaper supplies.
Russia's largest oil producer Rosneft said on Friday it had signed an agreement with oil major BP on cooperation in gas, which may see Rosneft supplying Russian gas to Europe starting from 2019. Currently, ...
Western partners of gas giant Gazprom agreed on Monday to provide half the financing for the 9.5-billion euro ($10.32 billion) Nord Stream 2 pipeline, removing a big hurdle for a Russian plan to pump more gas to Europe. The commercial endorsement of the project by Western firms offers Russian state-owned Gazprom, which already supplies around a third of the EU's gas, fodder to counter critics of a project that has divided opinion in Europe.
Austrian oil and gas group OMV said on Monday it would provide long-term financing to secure 30 percent of its share of project costs of the Nord Stream 2 pipeline from Russia. Under the agreement between ...
Western partners of Russian gas giant Gazprom agreed on Monday on financing the 9.5-billion euro Nord Stream 2 pipeline, removing a key hurdle for the Russian plan to pump more gas to Europe. At a signing ...
The London Stock Exchange is targeting more listings from companies in the Middle East, following a dearth of initial public offerings in the aftermath of Britain's vote to leave the European Union. Money raised on LSE's equity markets fell nearly 40 percent in 2016 to 25.6 billion pounds ($32 billion).
Liquefied natural gas output at Sakhalin-2's LNG plant was suspended on Sunday after an accident at one of its production platforms, a spokeswoman for Sakhalin Energy, which operates the plant, said on ...
Russian President Vladimir Putin said on Wednesday the Nord Stream 2 gas pipeline was purely economic and not directed against other countries, as he met the head of German chemicals group BASF, a potential partner in the project. Moscow wants to double the capacity of the existing Nord Stream pipeline, which runs on the Baltic seabed to Germany, in order to bypass Ukraine, a transit route for Russian gas to Europe.
Russia's Gazprom has delayed liquefied natural gas (LNG) plans on Sakhalin island and in the Baltic Sea, a Eurobond presentation showed on Monday. The delays could disrupt Russia's plans to carve out a bigger share of the global LNG market, where it aims to triple its market share of less than 5 percent by 2035. Gazprom plans to expand the Sakhalin-2 project off Russia's Pacific coast by 2023-2024, the presentation showed, while previously it had announced plans to launch a third LNG production train there in 2021.
Russian gas giant Gazprom has postponed the launch of its Baltic liquefied natural gas (LNG) plant in the Leningrad region until 2022-2023, it said in a prospectus for a Eurobond issue, a copy of which was obtained by Reuters on Friday. The company may revise the commissioning date after the project documentation is complete, Gazprom said. In June 2016, it signed a memorandum of understanding on the project with oil major Royal Dutch Shell (LSE: 0LN9.L - news) , according to which Gazprom said it planned to build the plant by the end of 2021.
Russian President Vladimir Putin and Turkish President Tayyip Erdogan will discuss the TurkStream gas pipeline and the Akkuyu nuclear plant when they meet in Moscow on Friday, the Kremlin said on Tuesday. ...
BAKU/TBILISI, Feb 24 (Reuters) - Ex-Soviet Azerbaijan is on track to send gas to western Europe by the end of the decade, but is having to import supplies to use at home, compounding economic hardship that prompted protests last year. The country contains one of the world's biggest gas fields, Shah Deniz on the Caspian Sea, but it has presold the next stage of output, due by 2020, to Greece, Italy, Turkey and other states keen to reduce their dependence on Russian gas. At the end of last year, as construction of the pipeline to deliver the gas passed the halfway mark, Azerbaijan's state energy company SOCAR said it had begun importing gas from Iran.