Pipeline monopoly Transneft had assured Rosneft it would be compensated for all losses from the oil contamination.
Read More »Russia`s 2019 Growth Outlook due to Lower Oil Output
Russia’s average daily oil output has dropped to a three year-low in June.
Read More »Russia will Contribute 32% of Global New-Build Underground Gas Storage Capacity Growth by 2023
GlobalData identifies Turkey as the second largest country in terms of new-build underground gas storage capacity growth by 2023.
Read More »Opportunity for Russia. China amid Trade War
US liquefied natural gas (LNG) was hit with a tariff of 25 percent. the highest rate in the Chinese countermeasures.
Read More »Nord Stream 2 Ready by 52%
Ukraine is adamantly opposed to the construction by calling it politically motivated.
Read More »Russia Meets Its OPEC+ Target in May amid Dirty Oil Crisis
Russia’s exports to countries outside the former USSR in May dropped to 20.17 MM tons.
Read More »Iran. Russia to Begin New Mineral-Industrial Cooperation
Developing exports to the neighboring countries is the priority of the year and Iran is ready for new economic and trade cooperation with Russia in different industrial and mineral areas.
Read More »Turkey Mulls Deployment of Russian Missile Near Gas Exploration Zone
Turkey is considering deploying a Russian missile-defense system along the country’s southern coast. near where its warships are accompanying vessels exploring for energy. according to four people with knowledge of the deliberations.
Read More »Iran. Russia to Begin New Mineral-Industrial Cooperation
Iranian companies are prepared for joint cooperation and the trade interactions and communications can deepen.
Read More »Russia will Consider Extending Oil Output Cut with OPEC
OPEC. Russia and other producers agreed to cut output by 1.2 million barrels per day (bbl d) from January for six months to boost oil prices by reducing global inventories.
Read More »