Wednesday, 21st October 2020
Russia’s state-run oil company, Lukoil PJSC, is looking to set up new oilfield projects in Iraq despite OPEC+ production cuts and a slump in oil demand.
Tuesday, 20th October 2020
The Organization of Petroleum Exporting Countries and its allies (OPEC+) has warned that the state of the oil market is in a “precarious” position and has hinted towards a change of tack in regards to oil cuts.
Thursday, 15th October 2020
Russian Energy Minister Alexander Novak announced on 14 October that the OPEC+ group of leading oil producers will start easing output curbs as planned despite a global spike in coronavirus cases.
Wednesday, 7th October 2020
Gazprom, Russia’s state-owned gas company, has pumped 40 billion cubic meters (bcm) via Ukraine’s transmission system in 2020.
Sunday, 4th October 2020
Russian oil and gas condensate production has edged to 9.93 mmbbl/d in September, slightly exceeding its Organization of Petroleum Exporting Countries’ (OPEC) quota.
Thursday, 10th September 2020
Russia’s state-owned gas company, Gazprom, supplied 2.3 billion cubic meters (bcm) of gas to China via the Power of Siberia gas pipeline in the first half of 2020.
Sunday, 6th September 2020
Russia’s Energy Minister, Alexander Novak, has predicted that global oil demand could fall by 9-10 million barrels per day (mmbbl/d) this year due to the impact of the COVID-19 pandemic.
Monday, 31st August 2020
Russia’s state-run gas giant Gazprom has announced a Q2 decline in net income in excess of 50% year on year (YoY).
Sunday, 30th August 2020
Novatek, Russia’s largest independent oil and gas producer, has confirmed the arrival of the company’s first liquified natural gas (LNG) cargo to the United Arab Emirates (UAE).
Monday, 20th July 2020
Russia’s state-run Gazprom Neft has sold its first Arctic oil cargo to China to ChemChina.