Russia
News
February 04, 2019
Russia’s crude producers removed their first 42,000 bpd from the market in January under the OPEC+ output-cut agreement.
News
February 01, 2019
OPEC crude output fell the most in two years last month as the group implemented almost 80% of its new production cuts deal.
News
January 23, 2019
Russia and Turkey have offered Sudan economic assistance, the African nation’s oil minister said, as the government tries to salve a fiscal crisis that’s sparked a month of protests.
News
January 22, 2019
Saudi Arabia and Russia will no longer hold oil talks in Davos this week, scrapping the first face-to-face meeting since both nations agreed in December to cut output.
News
January 17, 2019
Russia is aiming to accelerate the pace of oil production cuts after its reductions drew criticism from Saudi Arabia.
News
January 16, 2019
Oil closed higher for the second straight day as Russia and Saudi Arabia signaled they’re on track with production cuts designed to avoid a global supply glut.
News
January 14, 2019
Russia’s Novatek PJSC is looking at storing liquefied natural gas produced in the Arctic on Japan’s southern island of Kyushu so it can better meet spot demand from China and cut shipping costs.
News
January 08, 2019
Support in Germany for a major new Russian gas pipeline is slipping as frustration with the Kremlin’s brinkmanship grows and pressure from U.S. President Trump starts to bite.
News
January 03, 2019
European natural gas prices look set to fall for the first time in four years in 2019 as buyers keep a close eye on flows from Russia that reached a record last year.
News
January 02, 2019
Russia’s oil production reached a post-Soviet high last year even as it coordinated supply with OPEC.
News
December 31, 2018
PAO Novatek has announced the launch of commercial production of crude oil at the Yaro-Yakhinskoye field developed by Arcticgas, a joint venture between Novatek and Gazprom Neft.
News
December 30, 2018
Gazprom Neft and Repsol have established a joint venture to undertake geological exploration in the Karabashsky zone of the Khanty-Mansi Autonomous Okrug-Yugra. Khanty-Mansi Autonomous Okrug.
News
December 28, 2018
The U.S. may be exporting natural gas at a record clip, but that hasn’t stopped it from accepting imports of the fuel, including a shipment of Russian gas likely headed for Massachusetts.
News
December 26, 2018
Crude gained as U.S. equities rebounded and Russia signaled that OPEC and its partners would be willing to meet as needed to help manage the oil market.
News
December 26, 2018
The Gazprom board of directors took note of the information about the company’s preliminary operating results for 2018 and the projected investment program and budget (financial plan) for 2020–2021.
News
December 26, 2018
Russian officials and executives from its biggest oil companies put on a brave face Wednesday, even as Brent trades near 16-month lows.
News
December 24, 2018
The Andrey Vilkitsky icebreaker, built as part of Gazprom Neft’s “Time of the Arctic” program, has been launched in St. Petersburg.
News
December 21, 2018
Lukoil's cumulative production of oil in the Russian part of the Caspian Sea has exceeded 20 million tonnes, Vladimir Filanovsky field accounting for the most significant gain in production.
News
December 18, 2018
Russian Energy Minister Alexander Novak plans to meet with executives from oil companies on Wednesday to discuss the OPEC+ deal and targets for next year.
News
December 16, 2018
Russia’s central bank is not convinced that OPEC and its allies’ supply cuts can revive the oil market as it’s being countered by surging U.S. production.
News
December 14, 2018
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Yoshihisa Suzuki, president and CEO of Itochu Corporation, took place in St. Petersburg.