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Category: Russia

Category:
  • Russia

Russia Bonds Slump on Debt Sanctions Speculation Over Navalny Poisoning

Russia’s local bonds fell the most in three weeks on speculation the U.S. could target the nation’s sovereign debt with a tougher round of sanctions over the poisoning and jailing Continue Reading

Posted On : 5 Mar 2021 Published By : Tom Whipple
Category:
  • Russia

Russia Considers Cutting Government Borrowing As Oil Prices Rally

Russia could end up borrowing US$6.8 billion (500 billion Russian rubles) less than planned this year as rising oil prices help its key oil revenues to rise, Bloomberg reported on Continue Reading

Posted On : 4 Mar 2021 Published By : Tom Whipple
Category:
  • Russia

Russia’s February Oil Output Fell Despite OPEC+ Higher Quota – Bloomberg

Russia last month pumped below its OPEC+ oil-output target for the first time since the historic curbs began last May, failing to take full advantage of a more generous quota. The Continue Reading

Posted On : 2 Mar 2021 Published By : Tom Whipple
Category:
  • Russia

Extreme Winter Stopped Russia From Benefiting From Higher OPEC+ Quota

Extreme winter weather in Russia, at least more extreme than usual for Siberia, resulted in lower Russian oil production so far in February compared to January and lower than the Continue Reading

Posted On : 27 Feb 2021 Published By : Tom Whipple
Category:
  • Russia

Nord Stream 2 gas link developer shrugs off Wintershall Dea loan move

 The developer of the almost-complete Nord Stream 2 gas pipeline from Russia to Germany said Feb. 26 that it had the financing in place to complete the pipeline, shrugging off Continue Reading

Posted On : 27 Feb 2021 Published By : Tom Whipple
Category:
  • Russia

Russia’s Answer To The U.S. Shale Threat Is Finally Here

First output is now being produced by Russia’s number two gas producer (after state-owned Gazprom) – Novatek – from its much-awaited fourth train at the Yamal LNG project, according to Continue Reading

Posted On : 25 Feb 2021 Published By : Tom Whipple
Category:
  • Russia
  • USA

US considers sanctions against Russia over SolarWinds hack

The Biden administration is planning a broad package of measures, including sanctions, to punish Russia over the sprawling SolarWinds espionage campaign that struck at the heart of the US government. US officials Continue Reading

Posted On : 24 Feb 2021 Published By : Tom Whipple
Category:
  • Russia

US to continue to monitor Nord Stream 2 activity, sanctions ‘applicability’

Highlights Pipelaying work for 55 Bcm/year line continues Uncertain timeline for completing Nord Stream 2 Signs of detente between Washington, Berlin London — The US remains on standby to impose Continue Reading

Posted On : 18 Feb 2021 Published By : Tom Whipple
Category:
  • Nord Stream
  • Russia

Biden Administration Reviews Nord Stream 2 Gas Pipeline

The Biden administration is reviewing U.S. policy toward a pipeline designed to carry Russian natural gas to Germany beneath the Baltic Sea, under new pressure after construction on the $11 Continue Reading

Posted On : 17 Feb 2021 Published By : Tom Whipple
Category:
  • Russia

Russia: Oil Markets Have Rebalanced

The global oil market is balanced and the current price of oil fully reflects this market situation, Russian Deputy Prime Minister Alexander Novak said in an interview with Russian television Continue Reading

Posted On : 16 Feb 2021 Published By : Tom Whipple
Category:
  • Russia

Russia’s Gazprom sees 2020 gas sales slide 8.1% after tumultuous year

Russia’s Gazprom saw its total gas sales dip by 8.1% in 2020 as the coronavirus pandemic hit demand — particularly in the second quarter — but strong growth in Q4 Continue Reading

Posted On : 16 Feb 2021 Published By : Tom Whipple
Category:
  • Russia

Russian Oil Giant Rosneft Sees Profits Slide 79% In 2020

Rosneft reported a 79-percent drop in 2020 net profits to $2.2 billion (147 billion rubles), with its fourth-quarter result hitting a record high after a loss in the third quarter. Continue Reading

Posted On : 13 Feb 2021 Published By : Tom Whipple
Category:
  • Nord Stream
  • Russia

Gazprom Plans To Start Nord Stream 2 Gas Pipeline This Year

Russia’s gas giant Gazprom plans to commission the controversial natural gas pipeline Nord Stream 2 this year, Russian news agency TASS reported on Thursday, quoting a presentation of a Gazprom Continue Reading

Posted On : 13 Feb 2021 Published By : Tom Whipple
Category:
  • Russia

Russia says it is ready to cut EU ties if hit with painful sanctions

Russian Foreign Minister Sergei Lavrov has said Moscow is ready to sever ties with the European Union if the bloc hits it with painful economic sanctions, according to extracts of Continue Reading

Posted On : 12 Feb 2021 Published By : Tom Whipple
Category:
  • BP
  • Russia

Rosneft Stake Becomes Headache For Oil Major BP

While BP was unveiling its strategy to reinvent itself from an international oil company to an integrated energy company in London last year, thousands of miles away Russian giant Rosneft—in Continue Reading

Posted On : 11 Feb 2021 Published By : Tom Whipple
Category:
  • Germany
  • Nord Stream
  • Russia

Germany urged to clarify stance over US Nord Stream 2 sanctions offer

 A German environmentalist group said Feb. 9 the government should say whether its reported offer to the previous US administration to increase state support for LNG import infrastructure in return Continue Reading

Posted On : 10 Feb 2021 Published By : Tom Whipple
Category:
  • Nord Stream
  • Russia

US Signals Readiness To Discuss Lifting Of Nord Stream 2 Sanctions

The new U.S. Administration has signaled for the first time that it could be willing to discuss with Germany the lifting of the American sanctions on the Nord Stream 2 Continue Reading

Posted On : 3 Feb 2021 Published By : Tom Whipple
Category:
  • Nord Stream
  • Russia

Russia Says It May Go To Court Over Nord Stream 2 Sanctions

Russia could turn to a national or contract jurisdiction court to protect its interests against interference against the completion of the Russia-led Nord Stream 2 gas pipeline project, Dmitry Medvedev, Continue Reading

Posted On : 2 Feb 2021 Published By : Tom Whipple
Category:
  • Russia

Russia’s Gazprom posts highest ever January gas sales in Europe, Turkey

Russia’s Gazprom said Feb. 1 its gas sales in Europe and Turkey rose to their highest ever level for the month of January, reaching 19.4 Bcm. Receive daily email alerts, Continue Reading

Posted On : 1 Feb 2021 Published By : Tom Whipple
Category:
  • Russia
  • Saudi Arabia

Saudi surprise output cut ‘really helped’ stabilize oil market: Russia’s Dmitriev

Saudi Arabia’s “brilliant move” to unilaterally reduce oil output additionally by 1 million b/d has been a great contribution to the stabilization of the global oil market, Kirill Dmitriev, the Continue Reading

Posted On : 28 Jan 2021 Published By : Tom Whipple
Category:
  • Russia

Only 36% Of Russia’s Oil Reserves Are Profitable

Only 36 percent of Russia’s recoverable crude oil reserves can turn a profit in the current market, Deputy Energy Minister Pavel Sorokin said in an article for Energy Policy magazine. Continue Reading

Posted On : 28 Jan 2021 Published By : Tom Whipple
Category:
  • Nord Stream
  • Russia
  • USA

White House says Biden believes Nord Stream 2 pipeline is ‘bad deal’ for Europe

President Joe Biden believes the Nord Stream 2 natural gas pipeline is a “bad deal for Europe” and his administration will be reviewing restrictions on the project included in a Continue Reading

Posted On : 27 Jan 2021 Published By : Tom Whipple
Category:
  • Natural Gas Supply
  • Russia

Why Gazprom Cut Gas Supply To Europe Amid Rising Prices

Soaring natural gas prices in European markets could be seen as a boon for Russian giant Gazprom to increase its gas exports towards the Old Continent. But instead, somewhat surprising, Continue Reading

Posted On : 26 Jan 2021 Published By : Tom Whipple
Category:
  • Nord Stream
  • Russia

Western Companies Abandon Russia-Led Nord Stream 2 Project

The U.S. imposed on Tuesday sanctions on the Russian pipe-laying vessel that was expected to complete the construction of the gas pipeline Nord Stream 2, while several Western companies are Continue Reading

Posted On : 21 Jan 2021 Published By : Tom Whipple
Category:
  • Russia

Russia Prepares Earliest-Ever Arctic LNG Shipment to Asia

Russia is preparing to make the earliest-ever shipment of liquefied natural gas to Asia, taking advantage of thinning ice in the Arctic Ocean and paving the way for a record-long Continue Reading

Posted On : 20 Jan 2021 Published By : Tom Whipple
Category:
  • Russia

US imposes sanctions against Nord Stream 2 pipelayer Fortuna: Pompeo

The US has imposed sanctions against Russia-based KVT-RUS — owner of the pipe laying vessel Fortuna — because of its role in the construction of the Nord Stream 2 gas Continue Reading

Posted On : 20 Jan 2021 Published By : Tom Whipple
Category:
  • Russia

Russian Gasoline Imports Surge After Import Ban Ends

Russia’s imports of gasoline surged eight times in November compared to October, after the end of a four-month ban on refined oil product imports ended in October, according to data Continue Reading

Posted On : 19 Jan 2021 Published By : Tom Whipple
Category:
  • Nord Stream
  • Russia

Nord Stream 2 pipe-laying vessel not in position to resume Danish work:

 Work will not resume laying the Nord Stream 2 gas pipeline in Danish waters on Jan. 15, with the vessel approved to carry out pipelaying not yet at the site Continue Reading

Posted On : 16 Jan 2021 Published By : Tom Whipple
Category:
  • Russia

Russia’s Rosneft Looks To Attract Oil Traders To Huge Arctic Project

Russia’s top oil producer, state-controlled oil firm Rosneft, is in talks with some of the world’s largest oil trading houses, offering them to become investors in a major oil project Continue Reading

Posted On : 16 Jan 2021 Published By : Tom Whipple
Category:
  • Nord Stream
  • Russia

Gazprom to restart Nord Stream 2 construction

Russia will restart construction of its Nord Stream 2 gas pipeline to Germany this week in the face of US sanctions that have paused construction for more than a year. Kremlin-controlled Continue Reading

Posted On : 11 Jan 2021 Published By : Tom Whipple
Category:
  • Climate
  • Russia

Transit of Kazakh oil via Russia disrupted due to cold weather

 Transit of Kazakh oil via Russia has been disrupted due to power outages caused by cold weather, Russian pipeline operator Transneft said Jan. 11. Receive daily email alerts, subscriber notes Continue Reading

Posted On : 11 Jan 2021 Published By : Tom Whipple
Category:
  • Russia

Russian plants reduce runs in January

 Russian refineries are expected to reduce throughput in January on poor economics and also fewer working days due to the New Year holidays, with more pronounced cuts anticipated at smaller Continue Reading

Posted On : 7 Jan 2021 Published By : Tom Whipple
Category:
  • Russia

European Boosts Imports Of Russian Fuel Oil

We have already written about one of the most paradoxical developments of the US-Russia energy relationship, namely that American refiners have become the number one buyer of Russia’s fuel oil Continue Reading

Posted On : 5 Jan 2021 Published By : Tom Whipple
Category:
  • Russia

Russia 2020 Output at Lowest in Nearly a Decade

Russia’s crude oil and condensate output fell to a nine-year low in 2020 as the nation took part in historic OPEC+ production curbs. The Organization of Petroleum Exporting Countries and Continue Reading

Posted On : 4 Jan 2021 Published By : Tom Whipple
Category:
  • Russia

The Russian Energy Giant Mining Bitcoin With Virtually Free Energy

Two things that seem futuristic: Bitcoin and energy efficiency. Two things that are diametrically opposed: Bitcoin and energy efficiency. Mining Bitcoin might not sound like a resource-intensive process, but in Continue Reading

Posted On : 4 Jan 2021 Published By : Tom Whipple
Category:
  • Russia

Russian oil output flat on month at 10 million b/d in December

*Output, shipments down on year due to OPEC+ quotas Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now *Daily average exports down 1.5% on month Continue Reading

Posted On : 4 Jan 2021 Published By : Tom Whipple
Category:
  • Russia

Russia may start exporting Belarusian oil products in 2021

Russian deputy prime minister Alexander Novak said Jan. 4 that export of Belarusian oil products via Russian may begin in 2021. Not registered? Receive daily email alerts, subscriber notes & Continue Reading

Posted On : 4 Jan 2021 Published By : Tom Whipple
Category:
  • Ammonia
  • Japan
  • Russia

Japanese, Russian companies partner on feasibility study of blue ammonia value chain between eastern Siberia & Japan

Toyo Engineering Corporation and Irkutsk Oil Company (IOC), Japan Oil, Gas and Metals National Corporation (JOGMEC), and Itochu Corporation are partnering on a joint feasibility study of a blue ammonia Continue Reading

Posted On : 1 Jan 2021 Published By : Tom Whipple
Category:
  • Hydrogen
  • Russia

Russia Looks To Become Leader In Hydrogen Tech

Russia’s mineral and energy wealth has given it a second chance in global affairs after the Cold War and the implosion of the Soviet Union. Oil and gas exports have Continue Reading

Posted On : 31 Dec 2020 Published By : Tom Whipple
Category:
  • Russia

Russia’s Gazprom Gets New Natural Gas Rival in Europe With New Azerbaijan Flow – Bloomberg

Azerbaijan started commercial natural gas exports to Europe via the U.S.-backed Southern Gas Corridor, helping the region to diversify supplies away from Russia. Gas pumped from the BP Plc-led Shah Deniz deposit Continue Reading

Posted On : 31 Dec 2020 Published By : Tom Whipple
Category:
  • Iran
  • Russia

Russian To Aid Iran In Major Sanction-Skirting Energy Megaprojects

Alongside the continued development of its huge West Karoun oil fields , the completion of the supergiant South Pars non-associated gas offshore sector (including the implementation of Phase 11 operations Continue Reading

Posted On : 29 Dec 2020 Published By : Tom Whipple
Category:
  • coronavirus
  • Russia

Coronavirus updates: Russia admits its death toll is three times higher

Russia admits its death toll is three times higher More than 80% of the excess deaths in Russia this year are linked to the coronavirus pandemic, Deputy Prime Minister Tatiana Continue Reading

Posted On : 29 Dec 2020 Published By : Tom Whipple
Category:
  • Russia

Russia’s air passenger traffic falls around 48% year-on-year in November

The number of passengers flying with Russian airlines in November fell 47.9% year-on-year to 4.67 million, the aviation authority said on Monday. Rosaviatsia added that passenger traffic had fallen 46.2% Continue Reading

Posted On : 28 Dec 2020 Published By : Tom Whipple
Category:
  • Russia
  • USA

U.S. Relations With Russia Could Crumble Under Biden

Russian Deputy Foreign Minister Sergei Ryabkov has accused the incoming administration of President-elect Joe Biden of “Russophobia” and says he expects relations with the United States to go “from bad Continue Reading

Posted On : 24 Dec 2020 Published By : Tom Whipple
Category:
  • Russia

Russia’s Crude Oil Exports Drop 10% In January-October

Due to lower demand and the OPEC+ deal, Russia’s crude oil exports declined by 10.4 percent in volume year over year in January to October, data from the Russian federal Continue Reading

Posted On : 24 Dec 2020 Published By : Tom Whipple
Category:
  • Nord Stream
  • Russia

Nord Stream-2 Pipe-Laying To Restart In Denmark

Pipe-laying for the Nord Stream-2 natural gas pipeline is set to restart in Danish waters, according to a local regulator, Reuters has reported . Construction of the pipeline on Danish Continue Reading

Posted On : 24 Dec 2020 Published By : Tom Whipple
Category:
  • Nord Stream
  • Russia

Nord Stream 2 pipelaying work could resume in Danish waters from Jan. 15: notice

The developer of the Nord Stream 2 gas pipeline could resume pipelaying work in Danish waters as soon as Jan. 15, 2021, according to a notice to sea-farers published Dec. Continue Reading

Posted On : 24 Dec 2020 Published By : Tom Whipple
Category:
  • Iran
  • Russia

Iran Wooing Russian Oil Companies

Iran has stated its interest in attracting investments from Russian oil companies to help develop its oilfields, Russia’s TASS news agency said on Monday, quoting Iranian Oil Minister Bijan Zanganeh. Continue Reading

Posted On : 22 Dec 2020 Published By : Tom Whipple
Category:
  • Russia

Russia’s Largest Oil Company Is Spinning Off Key Assets

Proverbs tell us a great deal about how a views the same phenomenon. Brits would say that necessity is the mother of invention whilst many Eastern European nations would contend Continue Reading

Posted On : 21 Dec 2020 Published By : Tom Whipple
Category:
  • Russia

Putin Says Russia Reducing Dependence on Oil and Gas

President Vladimir Putin said Thursday that the Russian budget was becoming less dependent on oil and gas, key exports for one of the world’s dominant petro-economies. Putin told reporters during Continue Reading

Posted On : 19 Dec 2020 Published By : Tom Whipple

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