Russia Inflation Jumps Most Since July, Fuels Rate-Hike Views
Inflation jumped to the highest level since July in the latest week, adding weight to the case for the Bank of Russia to deliver another big increase in its key Continue Reading
World’s first floating nuclear power plant fuels Russia’s Arctic ambitions
Moored off the small Arctic town of Pevek is the Akademik Lomonosov — the world’s first floating nuclear power plant and a sign of how President Vladimir Putin’s ambitions for Continue Reading
Russian gas flows into Europe at 2021 lows in Nov on subdued Belarus transit
Highlights Four main corridors see flows of 10.1 Bcm in Nov Flows via Belarus remain low, Ukraine transit steady Unplanned Bulgaria outage hits TurkStream supply Russian gas flows to Europe Continue Reading
Russian oil output continues to rise on growing OPEC+ quotas
Highlights Nov. output up 0.4% on month at 10.89 mil b/d Little spare capacity remaining in Russia OPEC+ group to discuss future output volumes Dec. 2 Russia produced 44.56 million Continue Reading
Putin hits back as NATO warns Moscow against attacking Ukraine
Russia would pay a high price for any new military aggression against Ukraine, NATO and the United States warned on Tuesday as the Western military alliance met to discuss Moscow’s Continue Reading
Russia Is Ready To Return To Pre-Pandemic Oil Production
Russia’s Deputy Prime Minister Alexander Novak claimed that the countries oil companies are ready to raise production to pre-pandemic levels If OPEC+ sticks to the original agreement of bringing 400,000 Continue Reading
‘A Trash Heap for Our Children’: How Norilsk, in the Russian Arctic, Became One of the Most Polluted Places on Earth
This article is part of a series produced in partnership with NBC News and Undark Magazine, a non-profit, editorially independent digital magazine exploring the intersection of science and society. It Continue Reading
No need for hasty decisions in oil market over Omicron, Russia’s Novak says
Russia sees no need for urgent action on the oil market over the new Omicron coronavirus variant, Deputy Prime Minister Alexander Novak was quoted as saying on Monday, downplaying possibility Continue Reading
Gazprom reports record quarter on surging gas prices, sees even better Q4
Russia’s Gazprom (GAZP.MM) on Monday reported a record quarterly net profit of 581.8 billion roubles ($7.8 billion) for the third quarter reflecting high natural gas prices and said it expected Continue Reading
Russian Oil-Output Growth Losing Steam as OPEC+ May Review Plans
Russia’s oil-output growth has slowed this month, as the nation’s producers are running out of spare capacity. This could give OPEC’s main ally a reason not to oppose any move Continue Reading