Investors of the world’s biggest oil-servicer providers are so far looking past the most punitive round of U.S. sanctions on Russia. Schlumberger Ltd., the biggest of the hired guns who Continue Reading
“Germany hooks up a pipeline into Russia, where Germany is going to be paying billions of dollars for energy into Russia. And I’m saying, ‘What’s going on with that?”’ President Continue Reading
Russian companies are expected to invest US$22.5 billion (1.3 trillion rubles) in oil production this year, with crude output and exports forecast at the same levels as in 2017, Russia’s Continue Reading
Retaliation is not out of the question when considering economic pressures used by the United States and European countries, Russia’s energy minister said. “Undoubtedly, if certain measures are taken against Continue Reading
Russian companies are expected to invest US$22.5 billion (1.3 trillion rubles) in oil production this year, with crude output and exports forecast at the same levels as in 2017, Russia’s Continue Reading
Russian Energy Minister Alexander Novak said that an arrangement under which Moscow cooperates with the OPEC oil group could become indefinite once a current deal to curb oil production expires Continue Reading
Russian energy companies could spend as much as US$50 billion on oil and gas exploration in Iran, a presidential aide told media. Yuri Ushakov said companies including Rosneft, Gazprom, Gazprom Continue Reading
Transit of Russian natural gas via Ukraine will be reduced to just about 10-12 billion cubic meters annually after the completion of two new pipelines—Turkish Stream and Nord Stream 2. Continue Reading
Even with some European countries lining up behind the project, getting approval for the Nord Stream 2 pipeline is a work in progress, Moscow said. The German government last week Continue Reading
Russia’s compliance with the global deal to cut oil production was at 93.4 percent in March, Energy Minister Alexander Novak said on Monday. He also said that Russia is fully Continue Reading
