Turkey has yet to issue a permit for Russia’s Gazprom ( GAZP.MM ) to start building the land-based part of the TurkStream gas pipeline, three sources familiar with the matter Continue Reading
In December 2017, Novatek launched its much-praised Yamal LNG in the Arctic Circle. Despite difficult permafrost conditions and financial limitations imposed by U.S. sanctions, Yamal LNG was finished on time Continue Reading
Russia’s economy may come to feel a negative impact from the OPEC-led oil production cut deal, the central bank warned , adding that it expected GDP growth during the first Continue Reading
The emergence of electric cars can lead to a reduction of oil consumption by road transport by the mid-2020s, the Russian Central Bank said in its report. According to the Continue Reading
Russia’s oil production in the Arctic will reach peak levels in the 2020s, head of the state commission on natural resources Igor Shpurov said. Over 2017, he said, Russia produced Continue Reading
The United States opposes the planned Nord Stream 2 natural gas pipeline that would connect Russia and Germany, believing it would undermine Europe’s energy security, U.S. Secretary of State Rex Continue Reading
Russian security services have arrested a local hacker who planted malware at gas stations across Russia’s southern regions that had been cheating drivers out of the gasoline that they pumped Continue Reading
“(N)o one has been able to build pipelines from the shale plays in the Northeast to demand centers,” said a Houston-based analyst. (Bloomberg) — A second tanker carrying Russian natural Continue Reading
Italian oil and gas group Eni said on Wednesday afternoon that it was carrying out exploratory drilling in the Black Sea in a Rosneft-led offshore project – while ensuring its Continue Reading
Oil market still isn’t fully re-balanced, Russia’s Novak says It’s unclear whether inventories will drop at same pace: Falih OPEC and Russia reaffirmed that they’ll persevere with oil-production cuts until Continue Reading
