Russian oil output hits 11-month high in March
Russia’s oil output edged up in March to an 11-month high of 10.97 million barrels per day (bpd), slightly above a limit agreed under a global supply pact, energy ministry Continue Reading
Is Russia Cheating On The OPEC Deal?
After three months of steady output, Russia’s crude oil production increased in March to 10.97 million bpd , the highest level since April 2017, as the top two Russian companies Continue Reading
Russia’s $55bn pipeline gamble on China’s demand for gas
The bright afternoon January sun offers little respite from the minus 40C temperature for the pipeline construction workers crunching through the snow in Russia’s Far East region. In the sprawling Continue Reading
Russian oil output hits 11-month high in March
Russian oil output rose slightly in March to an 11-month high of 10.97 million barrels per day (bpd), above a quota agreed under a global pact to curb production, energy Continue Reading
Will Gazprom Leave The Ukraine Forever?
Few expected such a dramatic turn of events in the long-ongoing Russo-Ukrainian gas dispute. Before the February 28 decision of the Stockholm Arbitration Court, most observers expected a court ruling Continue Reading
Can Russia Maintain European Energy Dominance?
The ninetieth century was the age of conquest and the ‘Great Game’ between the vast empires of Imperial Russia and the United Kingdom. Before the First World War, London and Continue Reading
Russia Could Build North-South Korea Gas Pipeline
A decade-old idea of a Russian gas pipeline to South Korea via North Korea could be revived if the security situation on the Korean peninsula improves, South Korea’s Foreign Minister Continue Reading
Fifth Novatek icebreaker loads first cargo from Yamal LNG plant
Russia’s Novatek has loaded the first cargo from the Yamal LNG facility in northern Russia aboard the Vladimir Rusanov — the fifth specialized icebreaker vessel to enter service since the Continue Reading
Rosneft to open research center in Qatar, as cooperation with OPEC members grows
Rosneft said Thursday that it has agreed to open a research and development center focusing on petrochemicals and shipbuilding technology in Qatar, following several meetings between Russian and Qatari officials Continue Reading
Venezuela Tries To Pay Russian Debt With Cryptocurrency
If crisis-hit Venezuela was hoping to pay off its US$3.15-billion debt to Russia with its new cryptocurrency, those hopes have been shattered as the Russian Finance Ministry announces that it Continue Reading