Russia
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.
News
November 14, 2018
PJSC LUKOIL completed the construction of the second production well from the wellhead platform at the Yury Korchagin field in the Caspian Sea.
Article
November 2018
Ashtead Technology has completed a subsea installation monitoring project for Subsea7 in support of Equinor’s Utgard development, in Blocks 15/8 (NCS) and 16/18a (UKCS) of the central North Sea.
News
November 11, 2018
OPEC and its allies started laying the groundwork to cut oil supply in 2019, reversing an almost year-long expansion, with Saudi Arabia reasserting its role as swing producer by announcing fewer shipments from next month.
News
November 08, 2018
Russia’s oil industry is feeling the pressure of a possible return of production caps. In fact, by sacrificing a fraction of output, the companies could see their stocks rise.
News
November 08, 2018
PetroNeft has announced that cased-hole testing of the J1-1 and J1-3 intervals of the Cheremshanskoye No.4 (C-4) well in Licence 67 has confirmed the excellent results from the open-hole testing reported on Aug. 28.
News
October 19, 2018
Russia has begun discussions with Exxon Mobil on possible new oil and gas projects, potentially creating a dilemma as the U.S. government mulls more sanctions against the country.
Article
October 2018
Let’s party
