Russia
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.
News
December 13, 2018
President of Lukoil Vagit Alekperov and Chairman of the Management Committee of Gazprom Alexey Miller discussed bilateral cooperation at a meeting.
News
December 11, 2018
On the occasion of the inauguration of Train 3 of the Yamal LNG project in the presence of the Prime Minister of Russia Dmitry Medvedev, Total announces the start of liquefied natural gas (LNG) exports from the third train of the Yamal LNG project in Russia.
News
December 11, 2018
Russia played a big part in making possible a new OPEC+ deal to curb production, but initially it’s letting Saudi Arabia shoulder the bulk of actual cuts.
News
December 06, 2018
OPEC ended talks without a deal on oil production cuts for the first time in nearly five years as Russia flexed its muscles by so far refusing to commit to the big output curb that Saudi Arabia is demanding.
News
December 06, 2018
OPEC meets on Thursday but the most important decision maker will spend the day a thousand miles away.
News
December 05, 2018
Saudi Arabia, Russia and other members of the OPEC+ group recommended an oil production cut, defying a Twitter plea from President Donald Trump to keep the taps open, but their meeting didn’t agree on how big any reduction should be.
News
December 04, 2018
The immediate question raised by Qatar leaving OPEC is, of course, what to call this? Qatarexit, or even Qatexit, sound wrong. Qatar-ta-for-now has a nice ring to it, even if it’s a tad unwieldy. Maybe just go with Qatout.
News
December 03, 2018
Oil surged the most in more than five months as Saudi Arabia and Russia extended a cooperation pact and U.S.-China trade tensions cooled. Unprecedented supply cuts in Canada also drove prices higher.
News
December 02, 2018
Russia and Saudi Arabia agreed to extend into 2019 their deal to manage the oil market, known as OPEC+, although Moscow and Riyadh have yet to confirm any fresh output cuts.
News
November 29, 2018
Rosneft Oil Company and Chinese Hengli Group signed a cooperation agreement as part of the first Russian-Chinese energy business forum. The document was signed by Igor Sechin, CEO, Rosneft Oil Company, and Chen Jianhua, president of Hengli Group.
News
November 29, 2018
Oil prices bounced back to $51/bbl in New York, erasing an earlier loss, after a report that Russia accepts the need to cut production in conjunction with OPEC.
News
November 28, 2018
Russia’s oil output in November fell from near-record levels as President Putin prepares to meet Saudi Crown Prince Mohammed bin Salman this week ahead of OPEC+ talks in Vienna.
News
November 27, 2018
The most powerful partnership in the global oil market, which rescued the industry from a deep slump, faces its toughest test yet.
News
November 26, 2018
Gazprom Neft’s board of directors has reviewed information on further improving the efficiency of the oil business’s operational processes through the use of innovative digital technologies.
News
November 25, 2018
For the oil market, it looks like the real OPEC meeting will come a week ahead of schedule.
News
November 22, 2018
The 14th meeting of the Joint Coordinating Committee (JCC) of Gazprom and CNPC moderated by Vitaly Markelov, deputy chairman of the Gazprom management committee, and Hou Qijun, V.P., CNPC, took place in Guangzhou, People’s Republic of China.
News
November 20, 2018
The Trump administration sanctioned an Iranian company and three Russian companies in an effort to choke off oil sales to Syria.
News
November 19, 2018
Oil prices regained ground after an earlier slide, as traders weighed countervailing signals about how much OPEC and its allies can afford to trim production.
News
November 18, 2018
OPEC has lost what control of the oil market it ever had. The actions (or tweets) of three men — Presidents Donald Trump and Vladimir Putin and Crown Prince Mohammed Bin Salman — will determine the course of oil prices in 2019 and beyond.
News
November 15, 2018
President Vladimir Putin said he discussed the price of oil with U.S. counterpart Donald Trump when they met in Paris briefly on Sunday, adding that Russia is happy with current prices.