Gas transit from Russia to Europe via Poland stopped MOSCOW. KAZINFORM - Gas transit via the Yamal-Europe pipeline from Russia through Belarus and Poland to Germany has been brought down to zero on Tuesday. According to the results of the previous auction, the Polish section of the pipe was booked only by 3.7% on Tuesday. This is according to the data of operators of European gas pipelines.
Barrel of US oil nosedives below $0 in historical first WASHINGTON. KAZINFORM - The price for a barrel of West Texas Intermediate crude oil sharply curtailed Monday, falling into negative territory for the first time in history as demand continues to collapse on measures meant to keep individuals at home amid the coronavirus pandemic.
Oil price after OPEC+ deal to stay within $30-40 per barrel - Lukoil vice-president MOSCOW. KAZINFORM - Lukoil hails the results of the oil production cuts deal between OPEC+ and a number of other nations, the company’s vice -president and co-owner, Leonid Fedun, said on Saturday. Kazinform has learnt from TASS.
Russia, Saudi Arabia to cut oil output to 8.5 mln barrels per day — draft agreement MOSCOW. KAZINFORM - The plan on oil production cuts within the OPEC+ framework envisages that Russia and Saudi Arabia will reduce their oil production by 2.5 million barrels per day, from the current 11 million barrels to 8.5 million barrels per day, according to a draft agreement obtained by TASS.
Caspian Pipeline Consortium set a new monthly crude loading record in March ATYRAU. KAZINFORM - CPC Marine Terminal (MT) loaded 6,450,676 gross tons (51,118,685 barrels) in March 2020. That is 495,682 tons up on December 2018, when CPC set a previous monthly loading record, Kazinform has learnt from the official website Caspian Pipeline Consortium.