The Russian oil production stood at 11.054 million barrels per day (bpd) on June 1-26.
Read More »Europe will Need LNG from US. Pipe Gas from Russia
Extraction of natural gas has been on decline in Europe. including in the United Kingdom. Norway and The Netherlands.
Read More »Novak. Munchin Discuss Sanctions. Russian Gas Pipeline Plans
Russia depends heavily on pipeline networks to get its energy production to European markets.
Read More »US could ask Russia to Boost Production as Washington Prepares to Sanction Iran
Russian Energy Minister Novak is on his way to Washington to attend the World Gas Conference.
Read More »Novak Says a Crude Output Deal for 2019 is already Being Planned
Russia plans to increase its output by 200.000 barrels per day as part of Saturday’s deal.
Read More »Saudi Arabia Invites Russia to Join OPEC as Observer
The idea to bump output has been advocated by Saudi Arabia and Russia.
Read More »John Bolton Heading to Russia to Discuss Potential Trump-Putin Meeting
On June 10. the Russian president confirmed he was ready to meet with Trump as soon as Washington was ready for the summit.
Read More »Moscow. Seoul Discuss South Korea’s Participation in Arctic LNG-2 Project
Moscow and Seoul are discussing South Korea'.s participation in the Arctic LNG-2 project.
Read More »Win-Win Deal for Russia & Saudi Arabia
Iran. OPEC’s third-largest producer. was against the agreement at first since the country is facing export-crippling US sanctions.
Read More »Rosneft Sees Chance to Lift Global Oil Market Share
Earlier this year. Qatar agreed to increase its stake in Rosneft to almost 19 percent.
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