Fuel and energy

Fitch international rating Agency confirmed Gazprom's long-term Issuer default rating (IDR) in foreign and national currency at the level of BBB -, the forecast is positive, the Agency said.

Russia could increase production of liquefied natural gas (LNG) by 2035 to 83 million tons from the current 21 million tons.

Novatek Gas and Power Asia Pte. Ltd (daughter of NOVATEK) supplied Brazil the first batch of liquefied natural gas (LNG) produced at the Yamal LNG plant. This is stated in the message NOVATEK.

US President Donald Trump has caused turmoil in the market with his harsh statements on Twitter. This time the American leader has criticized and demanded the OPEC to reduce oil prices. The market responded with a slight decline in prices.

International oilfield services company Schlumberger is ready to provide a part of the technologies to the Russian competitor in order to buy a share in the largest Russian service company Eurasia Drilling Company (EDC).

The presidential decree States that the company "Chechenneftekhimprom" is the property of the Republic in order to promote industrial production in the region.

The government of Ukraine and the International Monetary Fund reached an agreement on increasing of  gas prices to the level of import parity by 2020. This was announced by the head of the Board of Naftogaz Ukraine Andrey Kobolev at the forum of the European Business Association in Kiev.

Russia can become the main gas exporter to China after the decision on the" Western route", the volume of deliveries can reach 80 billion cubic meters per year. 

The Nord Stream 2 project is important and significant for Berlin, German Chancellor Angela Merkel said at a joint press conference with Lithuanian President Dalia Grybauskaite and Prime Ministers of the three Baltic countries.

OPEC lowered the forecast of growth of world oil demand in 2018-2019. Global oil demand in 2019 is projected at the level of 100.23 million barrels per day.

The state Commission on mineral reserves approved the hydrocarbon reserves of the Neptune field, located on the continental shelf in the sea of Okhotsk, told reporters the head of Gazprom Neft (MOEX: SIBN) Alexander Dyukov.

The world prices for oil on Monday decrease against the background of rising raw material extraction in the United States and the OPEC countries, according to the auction.

During eight months of 2018, Russia produced about 473.785 billion cubic meters of gas, which is 5.6% more in annual terms. This became known on Sunday from the materials of FGBU "CDU TEK".

Excise taxes on motor fuel from January 1, 2019 year will grow by 2.7 - 3.7 thousand rubles, Dmitry Kozak - Deputy Prime Minister. But the government will not allow a jump in prices for gas stations.

Scientific-technical center of "Gazprom oil" and "Inpractice" announced the competition for the best method of using artificial intelligence in oil production. This information reported the press service of the scientific and technical center.