Russia
News
February 14, 2018
Gas exports to Europe from both Russia and Norway climbed to record levels in 2017, according to fresh analysis by Rystad Energy. Russian and Norwegian gas exports to Europe (including Turkey) reached 194 Bcm and 122 Bcm, respectively, in 2017.
News
February 14, 2018
As of Dec. 31, 2017, the Rosneft's SEC (United States Securities and Exchange Commission) proved hydrocarbon reserves achieved 39,907 MMboe. The hydrocarbon reserves increased by 2,135 MMboe or by 6% compared to the reserves at the end of 2016.
News
February 14, 2018
Russia and Saudi Arabia are seeking ways to amplify the success they’ve had working together to manage the oil market by reaching new energy agreements, including one on liquefied natural gas.
News
February 08, 2018
Weatherford International plc today announced the successful execution of a shallow-angle casing exit in Sakhalin Island, Russia, using the AccuView real-time remote support system.
News
February 07, 2018
A rapprochement is emerging between the European Union and its biggest natural gas supplier.
News
February 06, 2018
Messoyakhaneftegaz, the Rosneft—Gazprom Neft joint venture, has completed construction of its first deep-strata horizontal production well at Vostochno-Messoyakhskoye field, with initial inflow of 250 tonnes of oil per day, confirming the high potential of developing the deep strata of Messoyakha fields.
News
February 02, 2018
Lukoil has completed the construction and commissioning of the first well at the Phase 2 of Vladimir Filanovsky field in the Caspian Sea.
News
February 02, 2018
Crude production by OPEC and its main ally Russia held steady last month as increases in Saudi Arabia and Iran offset the ongoing deterioration of Venezuela’s oil industry.
News
January 30, 2018
In a keynote speech on Day 2 of the 2018 BHGE Annual Meeting (BHGE AM), Mark Gyetyay, CFO and Deputy Chairman of the management board of Novatek, discussed the Yamal LNG and Arctic LNG 2 projects in Russia.
News
January 23, 2018
The pledge Saudi Arabia and Russia made to keep working together on managing the oil market beyond 2018 shows the two energy giants are now looking to engineer an orderly exit from the deal.
News
January 22, 2018
Crude futures are little changed, toggling between gains and losses as hints that OPEC may extend its output cuts into 2019 opened concern the curbs may not be working quickly enough.
News
January 22, 2018
Brent crude declined even after Saudi Arabia and Russia pledged over the weekend to continue oil supply cuts.
News
January 21, 2018
OPEC and Russia reaffirmed that they’ll persevere with oil-production cuts until the end of the year to clear a global glut and signaled their readiness to cooperate beyond that.
News
January 19, 2018
Russia’s oil producers are enjoying near record crude prices -- in rubles -- and having their best start to the year since 2015. As the nation prepares to discuss its deal with OPEC allies in Oman this weekend, analysts say the good times will continue.
News
January 19, 2018
Three weeks after picking up a controversial cargo in the UK, a liquefied natural gas tanker made a U-turn one day before it was due to deliver it in Boston.
News
January 18, 2018
When OPEC and Russia meet this weekend to review their strategy for clearing a global oil glut, they’ll face an unusual problem: it could be working just a bit too well.
News
January 17, 2018
OPEC and other global oil producers including Russia won’t be discussing how to end output cuts when they meet this weekend in Oman even as crude prices have recently been rising, Kuwait’s oil minister said.
News
January 10, 2018
Gazprom Neft subsidiary Gazpromneft-Yamal has completed construction of Russia’s first ever multi-lateral well with four horizontal cased-hole side tracks, at its Novoportovskoye field.
News
January 09, 2018
The U.S. may challenge Saudi Arabia and Russia in the next two years in the race to become the world’s largest oil producer.
News
January 05, 2018
OPEC and Russia have surprised the industry with the success of their grand alliance as oil surges to a three-year high.
News
January 03, 2018
Europe’s set to be stuck with a higher oil bill as Russia shifts more of its supply to the Chinese oil market.
