Russia’s capital has ordered workers to remain at home this week and reopened several makeshift coronavirus hospitals after cases of Covid-19 surged to the highest levels this year. The additional vacation Continue Reading
Two commodity trading giants are betting big on a Russian oil project in a rare move that could make or break the oil traders’ fates – and oil market observers Continue Reading
Ukraine is prepared to take legal action against Gazprom to unblock natural gas supplies from central Asia, a move that could ensure it has sufficient domestic supply and transit revenues Continue Reading
Given the U.S.’s broad scaling-down of its on-the-ground operations in the Middle East over the past five years, a specific function of which is ExxonMobil’s intention to sell its stake Continue Reading
The debate about emissions reduction and the path forward for oil companies moved to a whole new level since the International Energy Agency (IEA) dropped last month the bombshell report Continue Reading
The logo of the Nord Stream 2 gas pipeline project is seen on a pipe at the Chelyabinsk pipe rolling plant in Chelyabinsk, Russia, February 26, 2020. REUTERS/Maxim Shemetov/File Photo/File Continue Reading
Russia was close to complying 100 percent with its oil production quota under the OPEC+ deal in May, Russian Deputy Prime Minister Alexander Novak said on Friday. “It will be Continue Reading
Igor Sechin, the head of Russian oil major Rosneft, said on Saturday the world was facing an acute shortage of oil due to underinvestments amid a drive for alternative energy. Continue Reading
Russia’s Lukoil would be “happy” to return to talks on its Iranian oil projects, which were at an advanced stage, once US sanctions on the Middle Eastern country are lifted, Continue Reading
Russian oil producer Gazpromneft (SIBN.MM) has agreed with gas producer Novatek (NVTK.MM) to set up an Arctic offshore joint venture and will together develop the North-Vrangelevskiy area, the companies said Continue Reading
