Russian gas supplies to Europe fell to a new 2020 low in July, with exports dropping to just 9.6 Bcm, an analysis of data from S&P Global Platts Analytics and Continue Reading
Businesses in the eurozone saw stronger growth than initially reported in July, with output expanding for the first time since coronavirus lockdowns hit the economy in March. Services providers and manufacturers Continue Reading
In Russia’s Dagestan region, the official coronavirus figures started to seem suspicious to residents back in April. The mountainous republic in the North Caucasus region along the Caspian Sea was Continue Reading
Russian oil companies pumped 16 percent less oil last month than a year earlier, government data reported by Interfax showed. At 39.63 million tons, Russia’s average daily output for July Continue Reading
Russia’s finance ministry is looking to raise as much as US$1.93 billion (143 billion Russia rubles) in taxes from the oil industry over the next two years, as the oil Continue Reading
A series of measures have been announced aimed at making the economy more environmentally friendly such as a ban on outdoor heaters at bars and restaurants, more efficient domestic heating Continue Reading
Despite recommendations by the authorities, Russian refineries are not expected to raise runs significantly in August. The Russian energy ministry has urged oil producers to send additional volumes to domestic Continue Reading
Russian oil and gas condensate production increased to 9.37 million barrels per day (bpd) in July, Interfax news agency reported on Sunday, citing energy ministry data, indicating it missed its Continue Reading
Last summer around this time, I did an interview with Ulf Lindahl, the chief executive of currency manager AG Bisset. At the time there was growing concern that the unwinding Continue Reading
Russia slightly increased its oil production in July, ahead of OPEC+ plans to start easing record supply cuts starting this month. The nation’s producers pumped 39.63 million tons of crude and Continue Reading
