Russian Maritime Oil Exports Fall For First Time In 2017
Russia exported 4.822 million bpd of crude oil by sea in May, down from a record 5.21 million bpd in the previous month, energy data provider Kpler has said, adding Continue Reading
Russia claims new oil field discovered in the Arctic
Preliminary data indicate a new oil field has been discovered in an area said to hold at least a dozen promising reservoirs, Russian oil company Rosneft said. Rosneft said three Continue Reading
US oil groups feel Russia sanctions freeze more than Europeans
Russian President Vladimir Putin this month made an emotional tribute to Christophe de Margerie, the former boss of France’s Total who was killed in an accident in 2014. At the Continue Reading
Russia’s Rosneft says oilfield discovered offshore Eastern Arctic
Russia’s largest oil producer Rosneft said on Sunday it had found an oilfield in the Laptev Sea in the eastern Arctic. “The result of the drilling at the Khatanga license Continue Reading
Are Russia And The Saudis Planning A Natural Gas Cartel?
The fledgling production cut strategy of OPEC (Saudi Arabia) and non-OPEC (Russia and the FSU) shows that a new strategy is needed to counter the ongoing doubts in the markets. Continue Reading
Russia’s Central Bank sees mid-term risk from oil prices
Russia’s Central Bank cuts its key lending rate, saying there are mid-term risks present from lower-than expected crude oil prices. File photo by DyMax/Shutterstock June 16 (UPI) — Crude oil Continue Reading
Russia’s Central Bank Sees Oil Prices Down To $40 In 2018-2019
In view of the current price movements and the oil market outlook, Russia’s central bank is keeping its oil price forecast for this year at US$50 per barrel, and still Continue Reading
Russia’s Gazprom gas exports to Europe up 13.2 percent year-on-year so far in 2017
Russia’s largest natural gas producer Gazprom said on Thursday its gas exports to Europe and Turkey rose 13.2 percent year-on-year between January 1 and June 15. (Reporting by Maria Kiselyova; Continue Reading
Putin’s Newest Oil Play: Russia Gains Foothold In Iraqi Oil Patch
The Kurds of Iraq are going through one of their most tumultuous periods of history. On the verge of finally seeing the much-heralded independence referendum, through Erbil is doing everything Continue Reading
Could Russian Hackers Cause Power Outages In The US?
Hackers believed to be allied with the Russian government have devised a cyberweapon that has the potential to be highly disruptive against the world’s electrical systems, researchers have reported. The Continue Reading