Germany, Russia Flag Hydrogen Cooperation

Natural gas imports from Russia will be a necessary bridge fuel, a top German official says.

April 29, 2021

Russian Oil Producers Struggle to Contain Gas Flaring, Document Shows

The draft document shows utilization of associated petroleum gas, a byproduct of crude extraction, rose to 82.6% in 2020 from 81.5% in the previous year.

April 9, 2021

Democratic Senators Urge Biden to Speed Nord Stream 2 Sanctions

Menendez, Shaheen increase pressure on the president from his own party.

March 24, 2021

At NATO, Blinken Warns Germany over Nord Stream 2 Pipeline

US secretary of state says the natural gas pipeline runs counter to the EU’s own interests.

March 23, 2021

US Shouldn’t Threaten Friends Over Nord Stream 2, Says CEO

Construction of the natural gas pipeline is Europe’s call, says the chief of Austria-based OMV.

March 22, 2021

Russia Lacks Swing Producer Flexibility, Slow to Revive Oil Output

Based on this month’s deal of the OPEC+ group, Russia is allowed to increase its output by 130,000 bbl/d in April.

March 12, 2021

Cruz Puts Hold on Biden’s CIA Pick over Nord Stream 2 Pipeline

Senator wants administration to put sanctions on companies supporting the gas pipeline’s construction.

March 8, 2021

Russia, Saudi Arabia At Odds over Oil Cuts Ahead of OPEC+ Meeting: Reports

Key questions for the OPEC+ meeting will be whether Saudi Arabia rolls back its voluntary cut of 1 million bbl/d and whether there is room for an additional increase in supply from the whole oil producer group.

February 22, 2021

US Report on Nord Stream 2 will Reveal Companies Supporting Project

Sanctions are possible but may take time and depend on White House negotiations with allies and Capitol Hill.

February 19, 2021

Russia Makes Progress On Shale Oil Output But Hurdles Remain

Gazprom Neft estimates that the reserves of the light, low-sulphur and low-viscosity Bazhenov formation stand at between 18 billion and 60 billion tonnes.

February 18, 2021