Russia & FSU
News
June 03, 2019
Russia’s average daily oil output in May fell below its OPEC+ target for the first time this year after buyers refused to take exports because of contamination.
News
May 29, 2019
The nine blocks that were opened for PSA tenders in February 2019 have received 22 bids from 13 companies.
News
May 28, 2019
Caspian Sunrise has announced that work has commenced on a third core sample taken from Deep Well A8 on the Airshagyl structure at its flagship BNG Contract Area.
News
May 28, 2019
Last weekend, Russia launched the last of a new crew of atomic icebreakers meant to consolidate the country’s dominance of commercial traffic in the Arctic. As much of the rest of the world recognizes climate change as an emergency, Russia is working hard to capitalize on it — and the U.S. appears to be far behind.
News
May 23, 2019
Although compensation for damage caused during a contamination crisis remains a sticking point, Russia and Poland said flows of clean oil through the giant Druzhba pipeline into Europe could resume within 2 1/2 weeks.
News
May 23, 2019
Ukraine has outlined terms for a series of oil and gas licensing rounds with acreage of nearly 25,000 km2.
News
May 20, 2019
From easing the limits to ending the extreme throttling-back that has seen some countries exceed original cutback targets, Russia sees a range of options that would allow OPEC+ to continue output cooperation until year-end.
News
May 19, 2019
Oil producers meeting in Saudi Arabia, must assess the situation in the market before considering possible action such as extending output cuts, Russia’s Energy Minister Alexander Novak told reporters in the Red Sea city.
News
May 19, 2019
Residents of Nikolayevka haven’t had much to gossip about since the owner of the vodka museum over on People’s Friendship Street died, forcing the closure of the only tourist attraction in town.
News
May 16, 2019
Lukoil commenced commercial operation of two wells at D41 offshore field in the Baltic Sea. Construction of one of the wells finished on Feb. 6, 2019, the other was completed on May 7, 2019.
News
May 15, 2019
Russia will join the OPEC+ talks this weekend having fulfilled its pledged production cuts, but keen to secure a share of any potential output increase.
News
May 14, 2019
Russia is racing to return oil exports to normal after deliveries to eastern Europe were cut by a contamination crisis that shut down parts of the Druzhba pipeline.
News
May 09, 2019
Saipem reports accident on a vessel operating in the Caspian Sea
News
May 08, 2019
The fate of the controversial Nord Stream 2 pipeline carrying Russian natural gas to Germany is likely to be decided in a courtroom.
News
May 02, 2019
Ukraine's second licensing round took place Thursday on May 2, 2019.
News
May 01, 2019
eDrilling has announced that it has signed a contract with Gazpromneft-Yamal, a Gazprom Neft subsidiary, for the use of eDrilling’s software to optimize its drilling operations in the Tyumen region.
News
April 28, 2019
After a chemical contamination that forced refiners to stop taking crude deliveries, Russia aims to restore normal oil flows through a major pipeline to eastern Europe in two weeks.
News
April 25, 2019
Russian oil exported to parts of Europe were halted after customers complained of contamination in the crude, adding another disruption to the global oil market and pushing prices in London above $75/bbl.
News
April 25, 2019
Russian oil imports to parts of Europe were halted after customers complained of unusual impurities in the crude.
News
April 22, 2019
Gazprom PJSC forecasts a conservative natural gas production outlook for 2019, based on warm weather and growing competition from Russian-piped super-chilled fuel.
News
April 19, 2019
Equinor and eight partners in the offshore Azeri Chirag Gunashli (ACG) oilfield in the Caspian Sea have made a $6 billion investment decision to build an additional platform in the license area.
