While Russian federal revenue from oil and natural gas production has declined significantly in response to low oil prices, oil and natural gas companies have actually increased investments or only Continue Reading
OPEC’s agreement on an new production target has been followed by a bout of renewed optimism about the rebalancing of the oil market. But there are so far few signs Continue Reading
Russia is not going to keep a low profile in the global battle for a stronger presence in the oil market, the head of oil company Rosneft said. The Organization Continue Reading
Energy ministry sees steady production increases this decade Iran, Iraq adopt similar stance before cuts negotiations As Russia gets ready for talks on cooperation with OPEC on Monday, it’s using Continue Reading
Rosneft CEO says country has capacity to add 200m tons a year Energy minister set to meet Saudi counterpart for supply talks Russia’s largest oil company said the nation is Continue Reading
Oil prices will move past $55 per barrel as supply-side pressures ease next year, though Russia has the ability to boost output if need be, Rosneft’s CEO said. Igor Sechin Continue Reading
Russian federal revenue from oil and natural gas production has declined significantly in response to low oil prices. However, Russian oil and natural gas companies’ capital investment programs have been Continue Reading
Huge deals struck in both the energy and mining sectors this past week — with one rising nation at the hub of them all. Russia. Russian resource firms kicked off Continue Reading
Gloom and doom has been the dominant mood on international gas markets for a while now, and the latest news from Russia is likely to add fuel to the pessimism: Continue Reading
Rosneft may use Venezuelan crude at Essar’s Vadinar refinery India forecast by IEA as world’s fastest growing oil consumer A $13 billion deal involving Russia in India threatens to weaken Continue Reading
