Tag Archives: Russia

Russia last month increased its oil production amid a more generous OPEC+ quota, even as increasing COVID-19 cases threaten oil demand in the short term. The nation pumped 43.34 million tons (39.3 million metric tonnes) of crude and condensate last month, according to preliminary data from the Russian Energy Ministry’s …

A second Russian pipelaying vessel is now headed for Danish waters to join the operation to lay the almost-complete Nord Stream 2 gas pipeline from Russia to Germany, the pipeline development company said March 31. The Adakemik Cherskiy — which has dynamic positioning capabilities allowing for accelerated pipelaying — will …

Russia, the leader of the non-OPEC group in OPEC+, favors a rollover of the alliance’s oil production cuts while seeking a slight increase for itself to meet higher seasonal demand, a source with knowledge of Moscow’s plans told Reuters on Monday. Russia has sought and obtained small increases for its …

The United States just wants its allies to understand its position on Nord Stream 2 pipeline, which is set to carry gas from Russia to Europe, and it’s “unfortunate” that the project became a contentious point, US Secretary of State Antony Blinken told CNN. Washington has repeatedly shown its displeasure …

Russian energy giant Gazprom is planning to start hydrogen exports to China, South Korea and Japan, the company’s First Deputy Oleg Aksyutin wrote in his column in the latest issue of business and science magazine Energy Policy. According to the senior manager, the shipments of hydrogen could be supplied to …

Novatek, Russia’s largest independent natural gas producer, has hit a new milestone at its Yamal LNG project. The company said on Friday it has shipped 50 million tons of LNG since it started operations. The milestone cargo was loaded on the Arc7 ice-class tanker Nikolay Zubov and represented the 685th …

The initial focus should be on hydrogen production technologies “satisfactory for all the consumers in respect of the environmental aspect” and on hydrogen production cost, Deputy Energy Minister Pavel Sorokin said MOSCOW, March 24. /TASS/. There is a need to review all the effective projects in the domestic hydrogen energy …

The U.S. is maintaining the pressure on Germany over a new gas link to Russia, with Secretary of State Antony Blinken insisting the Nord Stream 2 pipeline runs counter to the interests of the European Union. “It’s in contradiction to the EU’s own energy security goals,” Blinken told reporters in …

Russia’s government approved on Monday the country’s long-term development program for liquefied natural gas (LNG), expecting production capacity to rise threefold from current levels to 140 million tons per year by 2035. “The program is based on a comprehensive approach, aimed at diversification of gas supply sources and first of …

Dmitry Peskov recalled that Russia’s Deputy Prime Minister Alexander Novak was praised by Putin for his work MOSCOW, March 12. /TASS/. Russian President Vladimir Putin did not have any talks with the Saudi Arabian leadership ahead of the OPEC+ decisions on oil production cap, Kremlin spokesman Dmitry Peskov told TASS. …