Russia currently expects its oil production to stay at these high levels in the next five months.
Read More »US to Impose Devastating Set of Sanctions on Russia
The sanctions proposed against Russia’s energy sector could cause more damage. but the details remain unclear.
Read More »Russian Gas is Cheaper than US LNG
LNG from the United States for Europe is at least 30-40% more expensive than the pipeline gas from Russia.
Read More »Poland Buys more LNG. Reduces Reliance on Russian Gas
PGNiG has to buy certain amounts of gas annually from Russia under a long-term deal with Russia’s Gazprom.
Read More »Nord Stream 2 Developing Alternative Pipeline Route
Denmark is the last country that has not issued a permit for the laying of the gas pipeline in its exclusive economic zone.
Read More »Russian Oil Production Up 150.000 bpd in July
Russia has used stocks held in tanks at its oilfields to boost production.
Read More »St. Petersburg to Host World Energy Congress in 2022
The previous congress was held in Istanbul in 2016 and the next one will be in Abu Dhabi in 2019.
Read More »Japan and Russia plan LNG hub in Far East
Transfer terminal to lower shipping costs from Siberian production sites.
Read More »Iranian Sanctions Influence Oil Prices
The loss of Iran could pull millions of barrels off the market at a time when spare capacity is at a premium.
Read More »Crude Oil Futures Largely Stable as Markets Await Fresh Signals
US oil rig counts were up by two to 1.048 for the week ended July 27. according to Baker Hughes
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