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Russia committed to reduce oil production by 300.000 barrels a day.
Read More »Russia Complies with OPEC Oil Output Cut Quota by 95.2% in April
Qatar Takes a 19 Percent Stake in Rosneft
Rosneft was hit hard by U.S. sanctions on Russia over Moscow’s annexation of Crimea and incursion in east Ukraine.
Read More »Rosneft Considers China Still a Key Market after End of CEFC Deal
Rosneft continues to consider China a key market.
Read More »Russia’s New Oil Tax Bill Promises a Big Change. but Limited Scope
The scope of Russia’s profit-based tax (NDM) pilot scheme will still be limited in the context of Russia’s upstream sector.
Read More »Russia Complies with OPEC Oil Output Cut Quota by 95.2% in April
Russia committed to reduce oil production by 300.000 barrels a day. had been gradually heading towards this level since early 2017 and reached this level last May.
Read More »Russian Oil Flows Faster into China
Russia’s crude shipments into Europe via the Baltic and Black Seas are due to fall by an average of 19% year-on-year in the first five months of 2018.
Read More »BP Chief Executive Bob Dudley Poisoned in Russian Plot
Bob Dudley. the American boss of the oil giant. was forced to flee Russia in 2008 .
Read More »Construction of First Leg of Turkish Stream Gas Pipeline is Completed
Gazprom’s investments in the construction of the Turkish Stream gas pipeline for 2018 are planned at around 182.4 bln rubles.
Read More »Schlumberger Approved to Buy Into Russia’s Eurasia Drilling
Russia’s special commission on Foreign Investment approved Schlumberger to buy a stake of 25% to 49% in Eurasia Drilling.
Read More »Russian Diplomat Names Conditions for Nord Stream 2 Project Fulfillment
The Nord Stream 2 gas pipeline is scheduled to be put into operation in late 2019.
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