Russia’s Energy Minister Alexander Novak will meet executives from the nation’s key oil companies Monday as global crude prices hover at their lowest in nearly two decades, according to a Continue Reading
Russia sees a silver lining in the oil price collapse—it now believes that the oil price war will help it win the war for natural gas market share in Europe. Continue Reading
Since 2016, as an informal leader of the 13-strong non-OPEC group, Russia has been instrumental in the pricing of oil as Saudi Arabia, leading producer in the Organization of Petroleum Continue Reading
Russia will not be the one to first demand a stop to the oil price war with Saudi Arabia because Russian President Vladimir Putin is unlikely to yield to what Continue Reading
Oil rigs in the Cromarty Firth Oil price wars and the public health pandemic could drive the North Sea oil and gas industry over the edge, putting tens of thousands Continue Reading
Italy’s death toll from coronavirus overtook that of China, where the virus first emerged, on Thursday as hospitals said they were being overwhelmed and the government prepared to prolong emergency Continue Reading
Every gambler knows That the secret to survivin’ Is knowing what to throw away And knowing what to keep ‘Cause every hand’s a winner And every hand’s a loser And Continue Reading
Russian President Vladimir Putin will refuse to submit to what the Kremlin sees as oil blackmail from Saudi Arabia, signaling the price war that’s roiling global energy markets will continue. The Continue Reading
Electricity demand is starting to drop across Europe as factories and businesses send staff home to avoid the coronavirus. Grid operators and utilities say demand is dropping both because of social Continue Reading
“Total has bought Global Wind Power France, a company with a 1 GW portfolio of onshore wind projects, the French oil and gas company said Friday. This is Total’s second Continue Reading
