Russia & FSU
News
September 10, 2019
Poland successfully challenged a European Commission decision that allowed Gazprom PJSC to use most of the capacity on the Opal pipeline in Germany. That link in turn carries fuel from the Baltic Sea Nord Stream pipeline, a key part of the Moscow-based company’s plans to avoid shipping its fuel across Ukraine.
News
September 05, 2019
Russia took a step closer to becoming a dominant player in the global liquefied natural gas market as two of its biggest energy companies advanced plans to export the fuel from its remotest corners.
News
August 19, 2019
The 12-month contract, with option to extend, will support activity in the Absheron natural gas field, located in the Caspian Sea approximately 100 kilometers south of Baku.
News
August 16, 2019
U.S. sanctions against Iran and Venezuela have inadvertently increased demand for a Russian brand of crude oil, boosting revenues for the nation’s exporters.
News
March 02, 2018
Russia is sending more natural gas to Europe than ever before as a blast of Arctic air lifted demand for heat and electricity, underlining the region’s dependence on its eastern neighbor.
News
February 27, 2018
The head of OPEC plans to dine with U.S. shale company executives on Monday in Houston, the second consecutive year that the secretary general has met with some of the cartel’s top rivals.
News
February 27, 2018
OPEC, Russia and other oil producers participating in output cuts have beaten market expectations in meeting their commitments.
News
February 20, 2018
OPEC’s fourth-largest oil producer is leading an effort to prolong cooperation with Russia and other allies far beyond the expiry of their joint supply cuts this year.
News
February 19, 2018
German Chancellor Angela Merkel threw her country’s weight behind the Nord Stream 2 gas pipeline from Russia, boosting the chances that the controversial link will become reality.
News
February 16, 2018
Total E&P Absheron B.V. (Total), acting as operator for and on behalf of a consortium presently composed of Total E&P Absheron B.V. (50%) and Socar Absheron LLC (50%) has tasked HydraWell to execute a part of plug & abandonment campaign at Absheron field, in the Caspian Sea.
News
February 16, 2018
After a year of production cuts, OPEC and Russia are finally near their goal of shrinking the world’s swollen oil inventories. So why are they planning to change their target?
News
February 15, 2018
Add independent Nigerian drillers to the list of oil producers itching to supply more crude at a time when OPEC and allies like Russia are trying to restrict output and prop up prices.
News
February 14, 2018
OPEC will soon discuss with Russia a new way to measure oil inventories as producers meet to review their supply-cuts agreement that expires at the end of 2018.
News
February 14, 2018
Gas exports to Europe from both Russia and Norway climbed to record levels in 2017, according to fresh analysis by Rystad Energy. Russian and Norwegian gas exports to Europe (including Turkey) reached 194 Bcm and 122 Bcm, respectively, in 2017.
News
February 14, 2018
As of Dec. 31, 2017, the Rosneft's SEC (United States Securities and Exchange Commission) proved hydrocarbon reserves achieved 39,907 MMboe. The hydrocarbon reserves increased by 2,135 MMboe or by 6% compared to the reserves at the end of 2016.
News
February 14, 2018
Russia and Saudi Arabia are seeking ways to amplify the success they’ve had working together to manage the oil market by reaching new energy agreements, including one on liquefied natural gas.
News
February 08, 2018
Weatherford International plc today announced the successful execution of a shallow-angle casing exit in Sakhalin Island, Russia, using the AccuView real-time remote support system.
News
February 07, 2018
A rapprochement is emerging between the European Union and its biggest natural gas supplier.
News
February 06, 2018
Messoyakhaneftegaz, the Rosneft—Gazprom Neft joint venture, has completed construction of its first deep-strata horizontal production well at Vostochno-Messoyakhskoye field, with initial inflow of 250 tonnes of oil per day, confirming the high potential of developing the deep strata of Messoyakha fields.
News
February 02, 2018
Lukoil has completed the construction and commissioning of the first well at the Phase 2 of Vladimir Filanovsky field in the Caspian Sea.
News
February 02, 2018
Crude production by OPEC and its main ally Russia held steady last month as increases in Saudi Arabia and Iran offset the ongoing deterioration of Venezuela’s oil industry.