Russia produced 40.65 million mt of crude and condensate in September, equivalent to around 9.93 million b/d, according to preliminary data released by the central dispatching unit of the Russian Continue Reading
Russia’s Kremlin-controlled oil company has warned that BP and Royal Dutch Shell are creating an “existential crisis” for oil supplies that will lead to higher prices, attacking their shift towards Continue Reading
Russia expects a long and gradual revival of the oil market after the pandemic this year crushed energy demand across the world. “The recovery won’t be fast, it will take quite Continue Reading
Russia has the world’s fourth-highest number of Covid-19 infections but government data had shown a steady decrease in new cases since they peaked in mid-May. That decline had encouraged the Kremlin Continue Reading
In recent years, Russia and China have been facing off to spread their nuclear power dominion to a new, huge, and vastly untapped market: Africa. The two nuclear power giants Continue Reading
FILE PHOTO: Alexander Dyukov, the head of Gazprom Neft, talks to the media as he leaves after a meeting of Russian Energy Minister Alexander Novak with country’s oil companies in Continue Reading
Global inventories of crude oil declined by 45 million barrels in August after a 34-million-barrel reduction in July, Russia’s Energy Minister Alexander Novak said in a TV interview. “Reserves accumulated Continue Reading
Gazprom chairman Alexey Miller told Russian president Vladimir Putin in a working meeting that design and survey work on the 50 billion cu m/year Power of Siberia 2 natural gas Continue Reading
Wildfires in Siberia have been releasing record amounts of greenhouse gases, scientists say, contributing to global warming. The fires, fuelled by abnormally high temperatures, have been burning as far north Continue Reading
Russia’s finance ministry is hoping to pass a law amending the excess profit tax for oil fields as early as this fall, despite open opposition from oil companies warning of Continue Reading
