Russian Oil Output Hits Post-Soviet High In September
Russian oil output reached 11.36 million barrels per day (MMbbl/d) in September, a post-Soviet high helped by higher production from Rosneft and foreign-led projects, Energy Ministry data showed on Oct. 2.
Russian Oil Production Expected To Grow But At Slow Pace
Between now and 2025, a fairly stable production level is expected to be observed in Russia, analysts say.
Oil, Gas Output At Russia’s Pacific Sakhalin Island Seen Down In 2019
Production of oil and natural gas at the Russian Pacific island of Sakhalin is expected to decline next year, the local government said in an emailed response to a Reuters query on Sept. 20.
Crude Outlook: Whipsawed By Wild Cards?
Wide swings in crude price might seem alarming, but Citigroup’s Ed Morse said it’s “the nature of the world we’re living in.”
Perry Encourages OPEC, Russia To Work Against Oil Price Spike
The U.S., Russia and Saudi Arabia are also working together to make sure the world has access to affordable energy, added U.S. Energy Secretary Rick Perry.
Russia Warns Of ‘Fragile’ Oil Market Due To Geopolitics
Energy minister says Russia can raise output if needed.
Gazprom Neft Raises Reserves At Offshore Neptune Oil Field
Neptune, located near the Sakhalin island in the Pacific Ocean, was Gazprom Neft’s largest oil discovery last year.
Gazprom, Mubadala, RDIF Join To Develop Oil Fields In Western Siberia
The Gazpromneft-Vostok joint venture represents Mubadala Petroleum’s first investment in the Russian oil and gas sector.
After Trump Attack On Russia Ties, Merkel Eyes Azeri Gas
Germany seeks alternative sources to Gazprom’s Nord Stream 2.
Russia-led Nord Stream 2 Seeks New Route To Avoid Danish Waters
In July, President Donald Trump accused Germany of being a “captive” of Russia due to its energy reliance and said it was wrong to support the Baltic gas pipeline.