Austrian Firm Rejects US Sanctions Threat Over Nord Stream 2
OMV CEO reacts to warning to companies by U.S. ambassador to Germany.
Putin Hails Energy Security Boost From Russia’s First LNG FSRU
Vessel is positioned between Poland and Lithuania.
Russian Oil Output Reaches Record High In 2018
Russian oil production rose to a post-Soviet record high of 11.16 million barrels per day (MMbbl/d) last year on an annual average basis, data from its energy ministry showed Jan. 2.
EU Commissioner: Tough To Stop Nord Stream 2 Pipeline
Any attempt to stop the Russian-backed Nord Stream 2 pipeline would be difficult now that it is being built, European Commissioner Guenther Oettinger said.
Russia Forming Joint Organization With OPEC Highly Unlikely Given US Sanctions Risk
Proposed U.S. legislation known as "NOPEC" could open OPEC up to anti-trust lawsuits, which complicates plans for an OPEC+ format that would've included Russia, the country's energy minister says.
Russia Signals Oil Output Decline In 2019 After 10 Years Of Growth
Russia has pledged to cut its production by 228,000 barrels per day (bbl/d) from a record-high monthly average of 11.41 million bbl/d.
Poland's PGNiG Receives Spot U.S. LNG Delivery
Polish gas company PGNiG is set to receive a spot cargo of U.S. LNG on Dec. 13 as part of plans to reduce its reliance on Russian imports and to become a bigger player in the LNG market.
US Diplomat: Russia Gas Pipeline To Boost Grip On Ukraine, Europe
Transit revenues would evaporate when Nord Stream 2 goes online, says Francis Fannon.
Russia Sees Modest Oil Output Cuts In January
Russia plans to cut its oil output by at least 50,000 to 60,000 barrels per day (bbl/d) in January, its energy minister said on Dec. 11, less than its final target under a global production deal reached last week, aiming for gradual, smooth reductions.
Gazprom Begins Operations At Final Unit Of Giant Arctic Gas Field
Russian gas giant Gazprom said on Dec. 5 it had begun operations at a third and final unit at its Bovanenkovo gas field on the Arctic Yamal peninsula, allowing it to boost natural gas production.