If U.S. oil production continues to boom at the current pace, OPEC and Russia should extend their production cut pact into 2020, Leonid Fedun, the vice president of Russia’s second-largest Continue Reading
Russian natural gas giant Gazprom said that gas from its Siberia fields could start moving through pipelines to China within the next five years. The disclosure came as Gazprom representatives Continue Reading
A possible extension of a global deal to curb oil production would have a negative impact on Russian energy giant Rosneft’s new large-scale projects, analysts at brokerage Aton said on Continue Reading
Natural gas from basins in southeastern Siberia could start moving through a natural gas pipeline to China within the next five years, Gazprom said. Representatives from Russian natural gas company Continue Reading
The Power of Siberia natural gas pipeline from Russia to China is 75.5 percent complete, Russia’s gas giant Gazprom said on Wednesday, updating the market on the project that is Continue Reading
For the last three or four decades it would be very hard to imagine any sort of deep cooperation between Saudi Arabia and Russia. The two share a history fraught Continue Reading
Russia is considering a wide range of scenarios on what to do with a multilateral effort to balance the global oil market, its energy minister said. Russia is the largest Continue Reading
In the ever-turning world of oil, natural gas and geopolitics, it seems that Russia keeps coming up short – in spite of being the world’s leading oil producer and Europe’s Continue Reading
Russia will continue to comply with the OPEC oil production cut deal until the deadline set in the extension agreement last November and even into 2019 if need be, Russia’s Continue Reading
Oil trader Trafigura will regain its position as the largest buyer of seaborne crude from Russia’s Rosneft, trading sources told Reuters on Friday, expanding their partnership as Rosneft reduces its Continue Reading
