Tag Archives: Russia

Russia’s oil production averaged 11.126 million bpd between May 1 and 26.

LNG production from the project is slated to start around 2023 with an annual capacity of 19.8 million tons.

The Arctic LNG 2 is the second LNG project of Russian independent gas producer Novatek after Yamal LNG.

Russia agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil output.

The deal removed 1.2 million barrels a day of OPEC+ production. helping to send oil prices higher.

The pipeline is past the point of no return.

Over the past three years only imports to Europe have already increased by 67 bln cubic meters.

United States’ cyberwar against Russia is a hypothetical possibility. in response to claims by The New York Times that US secret services over the past year were increasingly active in their attempts to cripple computer malware inside Russia’s power grid.

The US has long had its sights set on the Arctic. where it hopes to benefit from climate change.

Researchers used high temperature and pressure to dissolve oil in water and analyze its composition.