A jump in LNG supplies contributed significantly to oversupply in the European gas market.
Read More »Germany Considers Nord Stream 2 as Commercial Project
Russia has not received from Germany any evidence about the change in the Nord Stream 2 gas pipeline.
Read More »Sechin Wants Russia to Quit OPEC Deal
Russia first joined forces with OPEC to exert more control over international oil prices in late 2016.
Read More »Gazprombank Rejects Report on Venezuelan PDVSA New Accounts
On February 4. most European Union member-states recognized Guaido as Venezuela’s interim president.
Read More »Europe`s Gas Dilemma: Buying from Russia or other Competitors?
Russia has held a decades old gas supply monopoly. dating back to the end of World War II. in Europe.
Read More »Iran Studies Staging Joint Naval Drills with Russia. China
Iran will stage large-scale naval drills in the Sea of Oman and Indian Ocean in the near future.
Read More »Japan will Enhance its Energy Cooperation With Russia
Japan relies heavily on imports from the Middle East.
Read More »OPEC Group Trying to Continue Cut Pact with Russia
Moscow is better positioned to balance its budget at current levels than Saudi Arabia.
Read More »Rosneft will Invest in Iraq’s Kurdistan amid Crisis
The total recoverable oil reserves at five blocks may amount to 670 million barrels.
Read More »Russia Needs Legal Guarantees from EU to Start Work on Turkish Stream
The pipeline’s offshore section is expected to equal about 910 km.
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