Highlights Significantly lower than levels in past two years Russian storage sites currently 83% full: Miller Domestic gas supply, withdrawals at 10-year high Russia’s Gazprom expects to have 1 Bcm Continue Reading
Russia’s Deputy PM and top OPEC+ negotiator Alexander Novak explains in a recent interview why the group decided not to heed the U.S. call for more production Novak: Oil production Continue Reading
Russian inflation rose faster than analysts forecast in December, staying near the six-year high that has prompted the central bank to warn more key-rate increases may be needed to tame Continue Reading
Russian gas giant Gazprom has not booked gas transit capacity for exports via the Yamal-Europe pipeline for Dec. 27, auction results showed on Monday. The pipeline that usually delivers Russian Continue Reading
Highlights Oil forecast at about $75/b in 2022 Gas output to rise 10% in 2021 Country pushes for Nord Stream 2 certification by mid-2022 Russia’s production of crude and condensate Continue Reading
The Yamal-Europe pipeline that usually sends Russian gas to Western Europe was operating in a reverse mode for a fifth day on Saturday, shipping fuel from Germany to Poland, data Continue Reading
Watching Vladimir Putin Thursday at his year-end press conference , one is tempted to ask whether the Russian president has gone mad. Here is a man leading a country that Continue Reading
Lukoil has reached a major milestone at its offshore Vladimir Filanovsky field located in the Caspian Sea. Russian oil and gas company Lukoil has reached a major milestone at its Continue Reading
Russian gas flows to Europe dropped sharply this week as some buyers under long-term deals have already hit their contracted supply limits for the year, according to people with direct Continue Reading
Highlights OPEC+ quotas, drilling programs to increase output capacity Output could rise by nearly 500,000 b/d by June on Nov 2021 levels Omicron, sanctions, strategic reserves releases could affect output Continue Reading
