Russia: OPEC Should Cooperate on Natural Gas

Energy Minister Novak wants OPEC and gas cartel GECF to work together.

November 3, 2020

Report: Russian Oil Bosses Debate Extending Production Cuts into 2021

OPEC and Russia imposed a record oil output cut in April to support prices as the COVID-19 pandemic shrank demand. They are considering further steps as the global number of coronavirus cases is rising sharply.

November 2, 2020

Russia’s Putin: Rollover on Oil Output Curbs by OPEC+ Possible

The comments made by Russian President Vladimir Putin are the clearest signal yet from Russia, a global leader in oil production, that it is ready to continue with unprecedented output cuts in the face of a sluggish oil market.

October 22, 2020

Kremlin: US Nord Stream 2 Sanctions ‘Unfriendly and Destructive’

Pompeo set to submit a report to Congress.

October 21, 2020

Russia’s Energy Minister Says ‘Too Early’ to Discuss OPEC+ Plans Beyond 2020

A second government source said Russia, for now, would not disclose its plans on whether to continue with the current oil output cuts in order to prevent an overreaction in the market.

October 20, 2020

Gazprom Hits Natural Gas at Kara Sea Offshore Russia

The company said commercial gas inflow was obtained with a flow rate of about 600,000 cubic meters per day.

October 9, 2020

Russia Says Poland’s Nord Stream 2 Fine Was Made to Please US

Poland on Oct. 7 fined the Russian gas giant more than 29 billion zlotys (US$7.6 billion) for building the Nord Stream 2 pipeline without Warsaw's approval.

October 8, 2020

Polish Watchdog Fines Gazprom $7.6 Billion over Nord Stream 2

Other partners in the pipeline project are also fined.

October 7, 2020

Saudi Arabia Chafes at ‘False Promises’ on Oil Cuts from OPEC Partners

Moves to flout deal terms on oil cuts damage reputation of OPEC+, Saudi Arabia’s energy minister says.

September 17, 2020

Newspaper: Germany Offered to Build LNG Terminals to Avert US Sanctions

German finance minister made the offer in early August, before the sanctions were imposed.

September 16, 2020