Russia has criticized U.S. efforts to supply natural gas to Europe because it is “fearful” of free-market competition, Washington’s top energy diplomat said this week, in comments that reflect growing Continue Reading
European oil majors including Shell and OMV signed new cooperation deals with Russian energy companies during the St. Petersburg International Economic Forum this week, in a sign that they were Continue Reading
Russia doesn’t need oil prices to be too high and sees the $60-65 a barrel price—the price at which Brent Crude currently trades—as “quite satisfactory,” Russian President Vladimir Putin said Continue Reading
Royal Dutch Shell and Gazprom Neft have agreed to create a joint venture that will be exploring and developing oil fields in the Yamal region in Russia, the oil arm Continue Reading
Russia’s Gazprom Neft said Thursday it and Shell have agreed to create a joint venture to develop fields in West Siberia with combined estimated reserves of 1.1 billion mt of Continue Reading
Russia and China should boost their energy cooperation, including increasing their oil trade, which could lead to the establishment of new benchmarks and raise the two countries’ clout in the Continue Reading
FILE PHOTO: Russian Energy Minister Alexander Novak attends a session of the St. Petersburg International Economic Forum (SPIEF), Russia, June 6, 2019. REUTERS/Maxim Shemetov/File Photo ST PETERSBURG (Reuters) – Russia’s Continue Reading
U.S. political pressure on Denmark is the main reason for delays on construction of the Nord Stream 2 gas pipeline to Europe, project chairman Gerhard Schroeder said on Friday. The Continue Reading
As if already preparing for its exit from the OPEC production cut deal that seeks to draw down global inventories of crude oil to rebalance the market, Russian Energy Minister Continue Reading
The United States is using energy as a political weapon and its ‘golden era’ of energy could turn out to be an ‘era of energy colonialism’ for all other market Continue Reading
