Russian energy minister Alexander Novak expects his country’s crude oil output in 2019 to be around 555-556 million mt (11.145-11.165 million b/d) but said this figure could be revised downwards Continue Reading
Russia’s Gazprom Export sold another huge volume of gas on its Electronic Sales Platform (ESP) on Friday for Q1 2019 delivery, with a total of 123 million cu m sold. Continue Reading
Russia exported 36.65 million barrels (5 million tons) less crude oil in the first ten months of the year, not least because of its participation in the OPEC+ pact to Continue Reading
Russian companies Gazprom, which produces 12 percent of the global gas output, and Lukoil, which lifts 2 percent of the global crude production, are set to create a joint venture Continue Reading
Russia plans to cut its oil output by at least 50,000 to 60,000 barrels per day (bpd) in January, its energy minister said on Tuesday, less than its final target Continue Reading
Talks about a possible asset swap deal between Royal Dutch Shell and Gazprom have been suspended, Kommersant business daily reported on Wednesday, citing Cederic Cremers, head of Shell’s business in Continue Reading
Russia is seeking to boost its power in Europe and grip over Ukraine with the proposed Nord Stream 2 natural gas pipeline, the top U.S. energy diplomat said on Monday, Continue Reading
The US Congress appears increasingly interested in legislation targeting Russian energy exports to counter Moscow’s aggression against Ukraine since the Sea of Azov incident, a top State Department official said Continue Reading
Moscow — Russia will cut its liquids output by 50,000-60,000 b/d in January under the latest agreement with OPEC, energy minister Alexander Novak said Tuesday. Receive daily email alerts, subscriber Continue Reading
Russian officials have cast doubt on multibillion-dollar pledges to Venezuela touted by its president Nicolás Maduro, whose crisis-wracked country has become increasingly dependent on Moscow as its most prominent international Continue Reading
