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OPEC expects that average oil production in Russia will be 11.15mn barrels per day in 2018 and 11.17mn barrels daily in 2019.
Read More »Russia will Increase Oil Production to New Record Highs in 2019
Merkel and Putin to Hold Meeting on Baltic Sea Gas Pipeline
At last month’s NATO summit in Brussels. President Trump caused a stir by claiming Germany was a ``captive of Russia.``
Read More »Nord Stream 2 Will Bypass Danish Waters
US President Donald Trump last month accused Germany of being a ``captive`` of Russia.
Read More »Russia may Abondon Dollar in Oil Trade
The dollar. which is considered to be the international currency. becomes a risky tool for payments.
Read More »There is no way for U.S. LNG to Compete with Russian Gas
Gas pipelines connecting Russian supply to Europe make further inroads.
Read More »Caspian Sea Nations to Sign landmark Deal
Any deal will ".expand the field for multilateral cooperation". between the five states.
Read More »Russia. EU both Satisfied with WTO Ruling on Third Energy Package Dispute
Gazprom said it hoped the European Commission would now act to eliminate the violations of free trade rules confirmed by the WTO.
Read More »US Sanctions against Iran will Pressure Global Oil Supply
In the short term. supply is not seriously impacted. given that Saudi Arabia. Russia ramped up their oil production.
Read More »Yamal LNG Starts Gas Exports from Second LNG Train
The Yamal LNG production adds competitive LNG resources to our growing portfolio.
Read More »US to Impose Sanctions on Russia for Alleged Use of Nerve Gas Agent on Former Spy
Russia has repeatedly denied claims that the nerve agent. Novichok. used to poison the pair was developed in the country or the Soviet Union.
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