Russia & FSU
News
February 18, 2020
The U.S. sanctioned a unit of Russia’s largest oil producer Rosneft PJSC for maintaining ties with Venezuela’s Nicolas Maduro and state-run oil company PDVSA.
News
February 17, 2020
A Russian pipe-laying vessel is on the move in the Far East, feeding speculation that Gazprom PJSC will work out a way to circumvent U.S. sanctions and complete a controversial natural gas link.
News
February 14, 2020
Asked about Russian efforts to circumvent U.S. sanctions on the pipeline by completing it on its own, U.S. Energy Secretary Dan Brouillette said “they can’t” -- and dismissed claims that project owner Gazprom PJSC will face only a short delay.
News
February 14, 2020
The warning comes amid a pricing disagreement between the two former Soviet republics, with Russian producers curtailing crude supply to the neighboring country this year.
News
February 06, 2020
The U.S. is weighing whether to sanction Russia’s biggest oil producer, Rosneft PJSC, for maintaining ties with Venezuela’s Nicolas Maduro, though American officials are wary that the move could cause chaos in global oil markets, according to people familiar with the matter.
News
February 06, 2020
Oil pared gains as an OPEC+ committee agreed on a required level of output cuts, but didn’t reach a decision on an emergency meeting as Russia resisted.
News
January 21, 2020
For the first time in Russia’s alliance with OPEC, the country is changing the way it makes oil-production cuts.
News
January 14, 2020
The development strategy for the new joint venture is aimed at addressing the challenge of digitally transforming the oil and gas sector through the application of Industry 4.0 technologies.
News
January 14, 2020
Sparrows Group has secured a five-year contract with Tengizchevroil to deliver specialist lifting inspection services for the Tengiz field in Kazakhstan.
News
January 02, 2020
Despite being one of the architects of the original 2016 deal, Moscow has a poor record of fulfilling its pledged production cuts and has come under pressure from its allies to do better.
News
December 31, 2019
At stake are crude deliveries to Belarus totaling 24 million tons a year, while the future of transit volumes -- supplies passing through the country en route to Europe -- remains uncertain.
News
December 27, 2019
OPEC+ output cuts have stabilized the global oil market but can’t last forever, Russia said as uncertainty persists over the future of the agreement beyond March.
News
December 23, 2019
Equinor and Rosneft have taken an investment decision on the first stage of the North Komsomolskoye full field development.
News
December 16, 2019
Petrofac, in a joint venture (JV) with the State Oil Company of the Republic of Azerbaijan (SOCAR), has secured a project management services contract to support BP’s operations in Azerbaijan and Georgia.
News
November 29, 2019
OPEC and its allies sent more signals that they’ll stick with existing output cuts at their meeting next week.
News
November 27, 2019
Russia, OPEC’s largest ally in a deal to cut oil production, is once again failing to keep its side of the bargain.
News
November 04, 2019
MOL has signed an agreement with Chevron Global Ventures Ltd and Chevron BTC Pipeline, Ltd to acquire their non-operated E&P and mid-stream interests in Azerbaijan, for total consideration of $1.57 billion.
News
October 31, 2019
A cargo of contaminated Russian oil was sold at a discount of more than $25/bbl to benchmark crude prices, six months after the consignment first got loaded onto a tanker.
News
October 31, 2019
“Our involvement in the early stages of the project means we can work with KPO across a range of work to optimize the Karachaganak field with a focus on achieving an outstanding safety performance and operational excellence,” said Mark Fields, group president of Fluor’s Energy & Chemicals business.
News
October 23, 2019
The memorandum lays the basis for LUKOIL’s potential participation in projects to explore and produce hydrocarbons in Equatorial Guinea.
News
October 23, 2019
The OPEC+ oil-production cuts deal could be improved by taking into account forecasts for global crude-demand growth and U.S. shale, Gazprom Neft PJSC Head of Strategy and Innovation Sergey Vakulenko said in an interview on Wednesday.
