Russia’s Oil Production Hits Highest In Five Months
Russia’s production of crude oil and condensate inched up to 11.28 million barrels per day (bpd) in January, up from 11.26 million bpd in December and the highest production level Continue Reading
Russian gas supplies to Europe plunge in January
Russian gas supplies to Europe plunged in January, S&P Global Platts Analytics data showed Monday, with exports via Ukraine down 71% on the month despite the new gas transit agreement Continue Reading
China’s favorite Russian ESPO crude falls victim to coronavirus scare
Far East Russian crude oil is likely to bear the brunt of China’s economic slowdown aggravated by the coronavirus outbreak, with both state-run and private Chinese refiners poised to cut Continue Reading
Russian oil output up to 11.28 million bpd in January, highest since August
Russian oil and gas condensate output C-RU-OUT rose to 11.28 million barrels per day (bpd) in January, from 11.26 million bpd in December, Interfax news agency reported on Sunday, citing Continue Reading
Russian Pipeline Owner Faces $1B Claims Over Tainted Oil
Russian oil pipeline operator and owner, Transneft, which supplies Urals crude to European customers via the Druzhba pipeline, faces compensation claims of up to US$1 billion for the contaminated oil Continue Reading
Russia to go it alone on construction of Nord Stream 2 pipeline
Russia has said it will complete construction of the controversial Nord Stream 2 gas pipeline under the Baltic Sea without the help of foreign companies, marking a victory for the Continue Reading
US, Russian Forces Face Off Near Syria’s Oilfields
U.S. troops blocked on Sunday a Russian military convoy from accessing oilfields in Syria’s northeast, in the fourth such skirmish in eight days, Turkish news outlet Daily Sabah reported . Continue Reading
How Putin Outfoxed Trump in Venezuela
The Trump administration’s bid to replace Venezuela’s authoritarian leader Nicolás Maduro hit a roadblock after a meeting with Russian officials in Rome last year—and has never recovered. U.S. envoy Elliott Continue Reading
No sign of European winter switch to colder-than-usual temperatures: Weather Company
All of Europe is likely to see above-normal temperatures in the period February-April, according to the latest forecasts from the Weather Company, which will likely add to the bearish sentiment Continue Reading
First 1 Bcm of gas flowed via TurkStream: Gazprom
The first 1 Bcm of Russian gas has now flowed through the 31.5 Bcm/year capacity TurkStream pipeline from Russia to Turkey, Russian gas giant Gazprom said Monday. Receive daily email Continue Reading