Fuel and energy

The price of the "Rosneft" shares has updated the historical maximum, exceeding 500 RUB for paper, this is evidenced by trading on the Moscow exchange. 

The Polish energy company PGNiG and the Ukrainian ERU (Energy resources of Ukraine) agreed to supply Ukrtransgaz with more than 200 million cubic meters of natural gas in the period from October 2018 to May 2019.

Egypt will no longer import natural gas. This was stated by the Minister of oil and mineral resources Tariq al-Mullah.

Moscow does not agree with the decision of the arbitrators in August. They only partially proved the illegality of the EU's actions to limit gas supplies via the OPAL pipeline

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.