Russia
News
July 25, 2018
Russia is preparing the most radical shakeup of its oil-tax system since 1999. The changes will allow the nation’s producers to export crude and oil products duty-free while raising their costs at the wellhead.
News
July 24, 2018
Exxon Mobil faces a legal clash with Russian oil giant Rosneft over its largest energy project in the country, with a potential liability of more than $400 million.
News
July 20, 2018
Lukoil took the final investment decision on the Rakushechnoye field development project in the Caspian Sea.
News
July 16, 2018
U.S. President Donald Trump eased his tone about a Russian natural gas pipeline to Germany after a one-on-one meeting with President Vladimir Putin, shifting from the harsh criticism he’d levied in Europe last week.
News
July 13, 2018
Iran said Russia is ready to invest as much as $50 billion in its oil industry even as Western majors are pulling out of deals with the republic amid the threat of U.S. sanctions.
News
July 13, 2018
Alexey Miller, chairman of the Gazprom Management Committee, held in Bovanenkovo (Yamal-Nenets Autonomous Area) a meeting on the pre-development project for the Kharasaveyskoye gas and condensate field and the gas transmission system.
News
July 13, 2018
OPEC and its allies could boost oil production by more than the 1 MMbpd agreed last month if needed.
News
July 11, 2018
Donald Trump and Angela Merkel traded barbs at a NATO summit as Trump blasted Germany over its support for a gas pipeline from Russia.
News
July 11, 2018
When Russian President Putin meets Donald Trump next week, he’ll be armed to discuss oil production following the U.S. leader’s series of tweets targeting OPEC.
News
July 06, 2018
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Tran Sy Thanh, chairman of the board of directors of Vietnam Oil and Gas Group (PetroVietnam), took place in Moscow.
News
July 04, 2018
Russia’s deal with OPEC on crude supply is starting to look straightforward -- when compared with looming decisions on how taxes will be levied on the nation’s oil industry into the next decade.
News
July 03, 2018
Saudi Arabia and Russia reaffirmed an agreement between OPEC and its allies, which they say will mean increasing oil production by 1 MMbpd.
News
June 22, 2018
When the group overseeing the so-called OPEC+ deal met last night, proceedings were dominated by two nations: Saudi Arabia and Russia. It was probably a snapshot of the oil market’s future.
News
June 18, 2018
OPEC is discussing a production increase before its meeting in Vienna in an attempt to bridge the gap between Russia’s push for a big rise and Iran’s insistence that no change is needed.
News
June 17, 2018
Iran says Venezuela and Iraq will join it in blocking a proposal to increase oil production that’s backed by Saudi Arabia and Russia when OPEC and its allies meet in Vienna this week.
News
June 15, 2018
Rosneft PJSC’s said crude at $70 to 80/bbl was a “comfortable level” and expressed satisfaction with the results of Russia’s joint supply cuts with OPEC, just a week before talks that could phase them out.
News
June 15, 2018
Lukoil completed the construction and commissioned the third well at the second development stage of Vladimir Filanovsky field in the Caspian Sea.
News
June 13, 2018
Donald Trump renewed his Twitter assault on OPEC, pushing the case for lower oil prices a week before the cartel meets to set production policy.
News
June 13, 2018
Russia plans to propose that OPEC and its allies be allowed to return production to October 2016 levels, rolling back most of their output cuts within three months.
News
June 11, 2018
Oil extended declines as Russia was said to increase output before it meets with OPEC, adding to signs that a global coalition of producers is unwinding a pact to restrain supply.
News
June 04, 2018
As Donald Trump’s trade policy risks worsening economic conflict with the European Union, Russia’s Vladimir Putin is strengthening ties with the region.
