Russian state controlled gas giant Gazprom has hinted that gas production from the Sakhalin 2 development in the country’s far east may have to be reduced to help maintain the life of the field. In a ...

A powerful 8.8 magnitude earthquake off Russia’s Kamchatka Peninsula early Tuesday triggered tsunami alerts across the Pacific through Wednesday, leading to heightened monitoring of oil and gas ...

Japanese trading house Mitsui & Co doesn’t plan to exit its minority shareholding in the Sakhalin-2 LNG project in Russia as the export facility continues to export liquefied natural gas to Japan. “We ...

TOKYO, Dec 11 (Reuters) - As Japan's long-term contracts to secure liquefied natural gas (LNG) from Russia's Sakhalin-2 project near expiration, rival producers see opportunity to fill the supply gap, ...

Dec 11 (Reuters) - The Sakhalin oil and gas projects are potentially among the most ambitious of the 21st century, tapping billions of barrels of reserves in seas that freeze for up to six months.

Russian authorities have temporarily re-nationalised the foreign-led Sakhalin 1 oil and gas project in the country’s far east as pressure grows to resume production from the development. Production ...