Iran, Russia Talks Raise Hopes Of Progress On OPEC+ Meeting Date
Russia wants to move talks to avoid conflict with G20 meetings in Japan.
Senate Bill Would Impose Sanctions On Nord Stream 2 Builders, Investors
Barrasso, from gas-producing Wyoming, seeks to hamper Russia-to-Germany pipeline.
Oil Edges Above $62 As OPEC Cuts Counter Growth Concerns
Russia signals it may support extended supply cut with OPEC.
Russia Energy Minister Says To Watch Developments In June
Russia president Vladimir Putin said last week Russia and OPEC disagreed over the fair price for oil, but that they would take a joint decision at the policy meeting.
Poland Confirms Partial Resumption Of Clean Oil Supply From Russia
Polish pipeline operator PERN confirmed that clean oil supplies from Russia had been partially restored on June 9 after Russia's oil export flows to Europe were disrupted in April because of contamination.
OMV To Pay Gazprom $1 Billion For Stake In Siberian Gas Field
Company is betting on a sharp rise in demand for natural gas for power generation.
Russia’s Sechin Accuses US Of Using Energy As Political Weapon
Speaking at an economic forum in St. Petersburg, Sechin said a third of global oil reserves were restricted by U.S. sanctions on Iran and Venezuela and that Washington was losing moral ground as a self-styled leader of open markets.
Shell, Gazprom Neft Form Joint Venture For Oil Fields In Yamal
The fields are estimated to hold reserves of about 1.1 billion tonnes of oil.
Russia's May Oil Output Hits 11-Month Low On Dirty Oil Crisis
Russian oil output fell to 11.11 million barrels per day (MMbbl/d) in May, its lowest level since June 2018, from 11.23 MMbbl/d in April, Energy Ministry data showed on June 2.
Russia To Consider Extending Oil Output Cut With OPEC
Deputy PM says Moscow will consider oil prices vs. loss of market share in decision.