Russia & FSU
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.
News
January 30, 2018
In a keynote speech on Day 2 of the 2018 BHGE Annual Meeting (BHGE AM), Mark Gyetyay, CFO and Deputy Chairman of the management board of Novatek, discussed the Yamal LNG and Arctic LNG 2 projects in Russia.
News
January 23, 2018
The pledge Saudi Arabia and Russia made to keep working together on managing the oil market beyond 2018 shows the two energy giants are now looking to engineer an orderly exit from the deal.
News
January 22, 2018
Crude futures are little changed, toggling between gains and losses as hints that OPEC may extend its output cuts into 2019 opened concern the curbs may not be working quickly enough.
News
January 22, 2018
Brent crude declined even after Saudi Arabia and Russia pledged over the weekend to continue oil supply cuts.
News
January 21, 2018
OPEC and Russia reaffirmed that they’ll persevere with oil-production cuts until the end of the year to clear a global glut and signaled their readiness to cooperate beyond that.
News
January 19, 2018
Kazakhstan’s giant Kashagan oilfield is resuming production after power disruptions cut output this week.
News
January 19, 2018
Russia’s oil producers are enjoying near record crude prices -- in rubles -- and having their best start to the year since 2015. As the nation prepares to discuss its deal with OPEC allies in Oman this weekend, analysts say the good times will continue.
News
January 19, 2018
Three weeks after picking up a controversial cargo in the UK, a liquefied natural gas tanker made a U-turn one day before it was due to deliver it in Boston.
News
January 18, 2018
When OPEC and Russia meet this weekend to review their strategy for clearing a global oil glut, they’ll face an unusual problem: it could be working just a bit too well.
News
January 17, 2018
OPEC and other global oil producers including Russia won’t be discussing how to end output cuts when they meet this weekend in Oman even as crude prices have recently been rising, Kuwait’s oil minister said.
News
January 11, 2018
Kazakhstan has overtaken Iraq to become the biggest over-producer in the pact between OPEC and its allies to curb oil output.
News
January 10, 2018
Gazprom Neft subsidiary Gazpromneft-Yamal has completed construction of Russia’s first ever multi-lateral well with four horizontal cased-hole side tracks, at its Novoportovskoye field.
News
January 09, 2018
The U.S. may challenge Saudi Arabia and Russia in the next two years in the race to become the world’s largest oil producer.
News
January 05, 2018
OPEC and Russia have surprised the industry with the success of their grand alliance as oil surges to a three-year high.
News
January 03, 2018
Europe’s set to be stuck with a higher oil bill as Russia shifts more of its supply to the Chinese oil market.
News
January 02, 2018
After ending 2017 at a two-year high, oil prices could go either way this year, and these five individuals could play defining roles.
News
January 02, 2018
Russia’s natural gas production rose to its highest ever last year, driven by increasing sales to Europe and rising domestic demand.
News
January 02, 2018
A second Sino-Russian oil pipeline began operations on New Year’s Day, doubling China’s capacity to import crude from the East Siberia-Pacific Ocean system.
News
May 19, 2017
The Ministry of Energy of the Russian Federation has approved Gazprom Neft’s application for its project on “Developing Domestic Technologies and High-technology Equipment to Develop Reserves at the Bazhenov Formation” to be awarded the status of a national project.
News
May 19, 2017
Halliburton Company has announced that it launched drilling operations in the Zhuravlinaya area of the Vostochno-Taimyrsky license block for Lukoil in early April.
