Meanwhile, In The Arctic…
In a development that could further advantage OPEC members as they step up production to compensate for falling exports out of Venezuela and (potentially) Iran, the Barents Observer is reporting Continue Reading
BASF’s Wintershall defends Russia gas partnership
BASF oil and gas subsidiary Wintershall defended its partnership with Russia in the Nord Stream 2 pipeline to bring Russian gas to Europe, saying this was a more stable option Continue Reading
U.S. And Russia To Dominate World’s Oil & Gas Pipeline Spending
The U.S. shale boom and the massive Russian expansion of natural gas pipelines will make the United States and Russia the dominant spenders on oil, petroleum products, and natural gas Continue Reading
Social Tensions in Russia Build up as Government Turns Miserly
The soccer fiesta in Russia moves into its second week, but the noisy celebrations could not entirely hide the deepening discontent caused by the tightening of economic and social policies Continue Reading
U.S., Russian officials discuss sanctions, Russian gas pipeline plans
Russian Energy Minister Alexander Novak said on Tuesday he discussed U.S. sanctions on Russia and Moscow’s plan to expand its Nord Stream gas pipeline to Germany, which has irked Washington, Continue Reading
Russian, U.S. energy leaders to meet
Energy department heads from two of the world’s leading natural gas producers, Russia and the United States, meet this week in Washington, the Kremlin said. Washington host’s this year’s World Continue Reading
Russia sees oil leverage with Saudi partnership
The head of Russia’s sovereign wealth fund said cooperating with Saudi Arabian Oil Minister Khalid al-Falih has been fruitful. File Photo by Lisi Niesner/EPA June 25 (UPI) — The head Continue Reading
Russia invited to be OPEC observer by Saudi Arabia: energy minister Novak
Saudi Arabia has invited Russia to become an observer member of OPEC, Russian energy minister Alexander Novak said Saturday. The move would add the world’s largest oil producer as a Continue Reading
Korea Rapprochement Could Revive Energy Megaproject
The June 12 Trump-Kim summit in Singapore has had an overall positive effect on the oil industry, cooling down expectations about the imminence of a major conflict driven by the Continue Reading
OPEC, Russia Promise More Oil, but Can They Pump Enough?
Saudi Arabia and Russia have promised they will lead OPEC and other big oil producers in a deal this week to boost output and lower prices. What if it isn’t Continue Reading