The Yamal peninsula is already producing natural gas and is also home to one of Russia’s already operational liquefied natural gas (LNG) projects—Yamal LNG—run by another domestic gas producer, Novatek. Continue Reading
As the world’s largest natural gas and oil producer and exporter, Russia plays an important role in setting the global geopolitical agenda. The recent agreement with OPEC is evidence of Continue Reading
Iran has touted $50bn worth of potential Russian investments in its oil and gas sector as it seeks to deepen its relationship with Moscow, amid mounting pressure from the US Continue Reading
Volatile crude oil prices reflect a volatile geopolitical climate, as well as concerns about global trade tensions, Russia’s energy minister, said Friday. Russian Energy Minister Alexander Novak addressed the price Continue Reading
President Donald Trump may have just made Nord Stream 2 a household name. Ahead of a NATO meeting, the president blasted the German government on Wednesday for backing the new Continue Reading
MOSCOW (Reuters) – OPEC and non-OPEC oil producers will act in the event developments in Venezuela and Libya cause an oil market deficit, Russian Energy Minister Alexander Novak told reporters Continue Reading
U.S. President Donald Trump launched a sharp public attack on Germany on Wednesday for supporting a Baltic Sea gas pipeline deal with Russia, saying Berlin had become “a captive to Continue Reading
If prices remain at their current level, another collapse could be around the corner, the Russian Finance Ministry has warned in a report, cited by Sputnik. According to the report, Continue Reading
Two weeks after helping secure a new arrangement with OPEC, Russian President Putin said the economy was stable, but exposed to external risks. Russia is party to a committee monitoring Continue Reading
Russian Novatek-led Yamal LNG project has sent two Arc7 ice-class LNG carriers destined to China via the Northern Sea Route in just nine days with no icebreaking support, marking the Continue Reading
