Russia’s oil production could peak as early as in 2021 due to high taxes and costs, provided there are no benefits for exploration or tax incentives introduced, Russian Energy Minister Continue Reading
Highlights Yuan, Euro most likely alternative currencies EC’s Juncker calls for greater euro role in energy trading More Russian producers preparing for trade in other currencies Moscow — Recent comments Continue Reading
“This is unproductive, this is wrong,” Russia’s Energy Minister Alexander Novak recently said about the U.S. sanctions on Iran, indicating that Moscow will continue to back its ally in the Continue Reading
Russian Energy Minister Alexander Novak said on Tuesday that current high oil prices of between $70 and $80 per barrel were temporary and were mainly driven by sanctions, adding that Continue Reading
Russian state-run gas giant Gazprom and Tokyo-based conglomerate Mitsui & Co. inked a memorandum of understanding (MOU) on liquefied natural gas (LNG) development last week. The MOU was signed during Continue Reading
This week United States Ambassador to the United Nations Nikki Haley publicly accused Russia of “cheating” and “actively working to undermine” sanctions imposed by the U.N. on North Korea. In Continue Reading
Russia and Saudi Arabia will continue co-operating in the long term, including on the design of a framework for the relations between OPEC and its external partners, a Russian Energy Continue Reading
It is a matter of common knowledge that energy relations between Russia and China have boomed in the past decade, with all sorts of new infrastructure being built to facilitate Continue Reading
GORKY, Russia (Reuters) – Russian Energy Minister Alexander Novak said on Tuesday that oil prices of between $70 and $80 per barrel were only temporary and were driven by sanctions, Continue Reading
Russia’s Novatek is set to start exporting LNG from its third 5.5 million mt/year train at the Yamal LNG project by the end of 2018, CEO Leonid Mikhelson said late Continue Reading
