Russia
News
September 12, 2019
Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of ADNOC and Alexander Novak, Minister of Energy of the Russian Federation met to explore potential opportunities for collaboration as ADNOC seeks to expand its strategic partnership and investment base across its entire value chain.
News
September 10, 2019
Poland successfully challenged a European Commission decision that allowed Gazprom PJSC to use most of the capacity on the Opal pipeline in Germany. That link in turn carries fuel from the Baltic Sea Nord Stream pipeline, a key part of the Moscow-based company’s plans to avoid shipping its fuel across Ukraine.
News
September 05, 2019
Russia took a step closer to becoming a dominant player in the global liquefied natural gas market as two of its biggest energy companies advanced plans to export the fuel from its remotest corners.
News
August 22, 2019
Oil prices may be recovering, but Russian President Vladimir Putin isn’t taking any chances, running a budget that balances at the lowest crude price in more than a decade.
News
August 16, 2019
U.S. sanctions against Iran and Venezuela have inadvertently increased demand for a Russian brand of crude oil, boosting revenues for the nation’s exporters.
News
August 12, 2019
the Bank of Russia’s total stockpile of cash, gold and other securities is about to surpass Saudi Arabia’s, highlighting the Kremlin’s leverage in talks between major oil producers about how much to reduce production.
News
August 05, 2019
Russia’s contaminated oil crisis isn’t over yet -- at least not for the traders trying to find a home for the cargoes they unwittingly bought.
News
July 15, 2019
Global drilling and engineering contractor KCA Deutag (KCAD) is delighted to announce that its land drilling operation has won three new contracts in Russia worth approximately $168 million.
News
July 14, 2019
The AB1 recoverable oil reserves of Russkoye field have increased 8% following exploration work carried out by Tyumenneftegaz, a petroleum production company belonging to Rosneft.
News
July 01, 2019
OPEC may be losing its share of the global oil market, but not all losses are spread equally.
News
June 30, 2019
Russian President Vladimir Putin struck a deal with Saudi Crown Prince Mohammed Bin Salman to extend the OPEC+ agreement at current production levels for the rest of this year and potentially into early 2020.
News
June 28, 2019
For an OPEC+ meeting in which the key decision over an output-cut extension is supposedly “in the bag,” Monday’s gathering in Vienna could be as closely watched as any during the three-year coalition.
News
June 27, 2019
Russia’s crude-pipeline operator has agreed to pay its Kazakh counterpart a fixed per-bbl compensation rate of $15 for contaminated oil.
News
June 26, 2019
Lukoil is successfully evolving its priority projects in the north of the Caspian Sea. The company continues to construct facilities at Vladimir Filanovsky, Yury Korchagin and Rakushechnoye fields.
News
June 25, 2019
Russian President Vladimir Putin plans to meet Saudi Crown Prince Mohammed Bin Salman at the Group of 20 summit in Japan this week, just days before OPEC and its allies gather in Austria to discuss extending oil-output cuts.
News
June 21, 2019
Gazprom Neft subsidiary Gazpromneft-GEO has drilled a second horizontal well at Ignyalinskoye field in the Irkutsk Oblast. Commercial inflow is more than double the flowrate at the first well, constructed last year.
News
June 21, 2019
Researchers from MIPT, Skoltech, the Joint Institute for High Temperatures of the Russian Academy of Sciences, and Lomonosov Moscow State University have offered a new approach to oil composition analysis.
News
June 20, 2019
Russia’s state-controlled oil giant, Rosneft PJSC, is extracting concessions from crisis-ridden Venezuela to enter the offshore natural gas market on the cheap, a potential headache for the U.S. and Europe.
News
June 18, 2019
OPEC proposed mid-July meetings with its allies in Vienna to discuss extending production cuts, after talks between Russia and Iran made some progress toward resolving a standoff over the date.
News
June 13, 2019
President Donald Trump’s threat to sanction Russia’s controversial new natural gas pipeline into Europe is an indication that competition to supply the fuel is heating up.
News
June 12, 2019
President Donald Trump said Wednesday he’s considering using U.S. sanctions to stop construction of the Nord Stream 2 gas pipeline between Russia and Germany.
