Russian oil production fell close to a three-year low in early July, as output was undermined by a row between Russian oil pipeline monopoly Transneft ( TRNF_p.MM ) and the Continue Reading
The dispute between Rosneft and Transneft ( TRNF_p.MM ) is not a matter for Russian President Vladimir Putin to intervene in because it is a corporate matter, Kremlin spokesman Dmitry Continue Reading
Last week saw Japan’s Mitsui and Japan Oil, Gas and Metals National Corporation agree to buy a 10% stake in Novatek’s Arctic LNG (liquefied natural gas) 2 project for an Continue Reading
Russian pipeline monopoly Transneft curbed oil intake from Yuganskneftegaz, the main upstream unit of Rosneft, four industry sources told Reuters on Tuesday, leading to a fall in Russia’s oil production. Continue Reading
Three months since the introduction of the Ultra-Low Emissions Zone (ULEZ) in London, results of a year-long trial in the capital suggest that plug-in hybrid electric (PHEV) commercial vehicles could Continue Reading
Russia reduced oil production in June by more than the amount agreed in a global deal to cut output, the energy minister and industry sources said on Monday, as the Continue Reading
Poland’s biggest oil refiner PKN Orlen is calculating losses related to tainted Russian oil supplies and will submit its claims within weeks, the chief executive said on Friday. Russia halted Continue Reading
Just days after Russia said it had fully resumed oil flows to Europe via the Druzhba pipeline after a major disruption in supplies due to crude contamination in April, a Continue Reading
US shale won’t be the only beneficiary of higher oil prices if the commitment of OPEC and its Russia-led allies to extend their oil production cuts into March 2020 manages Continue Reading
Russia reduced oil production in June by more than the amount agreed in a global deal to cut output, the energy minister and industry sources said on Monday, as the Continue Reading
