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Russian Federation
Russia Appoints New Energy Minister
Russian President Vladimir Putin on Tuesday named Nikolai Shulginov, head of the hydroelectricity giant RusHydro, as the new energy minister of the major oil-ex…
Crude Oil
Putin Leaves Door Open for Opec+ Cuts Extension
Russian president Vladimir Putin says that Opec+ could maintain or even deepen its existing crude production cuts next year, the first time Russia has acknowled…
Oil Price
Putin Would Like To See Oil Prices Above $46 Per Barrel
It would be better for Russia if oil prices were higher than $46 a barrel, Russian President Vladimir Putin said on Thursday.
Oil & Gas Trade
Russia Delivers First Arctic Oil To Key Ally China
Ensuring a leading position in the exploration and development of the Arctic's huge gas deposits has long been a key part of President Vladimir Putin’s overall…
Oil & Gas Trade
Putin, Trump Discuss G7 Summit, Oil Markets Over Phone
Russian President Vladimir Putin spoke by phone with U.S. President Donald Trump at the initiative of the United States.
Google says it Won’t Build AI Tools for Oil and Gas Drillers
Google says it will no longer build custom artificial intelligence tools for speeding up oil and gas extraction, separating itself from cloud computing rivals M…
Oil&Gas Drilling
Putin: OPEC+ Deal Should be Complied with by all Participants
The deal stipulates the oil production cut by 9.7 mln barrels per day in total in May-June 2020, by 7.7 mln barrels per day in July-December 2020 within the all…
Crude Oil
Russia: U.S. Shale Decline Can’t Count As ‘Output Cut’
Production declines across the U.S. shale patch as companies reduce drilling and spending cannot be viewed as a voluntary U.S. cut aimed at supporting oil price…
Oil Pipeline
Putin Approves a New Gas Pipeline to China via Mongolia
Russian President Vladimir Putin on Friday approved the launch of a feasibility study for the Power of Siberia-2 pipeline.
Oil Field
Turkey Proposed Joint Management of Oil Fields in Syria With Russia
Turkey's President Tayyip Erdogan said he asked his Russian counterpart Vladimir Putin to jointly manage oil fields in eastern Syria's Deir al-Zor region, in pl…
Oil Price
Russia's Putin Says Current Oil Prices Acceptable
Russian President Vladimir Putin said on Sunday that current oil prices were acceptable and that Russia had the tools to react to any negative effects of the sp…
A Smart Way to Predict Building Energy Consumption
Researchers predicted the energy consumption of buildings using hybrid deep algorithms, computational experiments, and parallel computing. A team of internation…
Oil & Gas Trade
Putin Says Nord Stream 2 Pipeline to be Completed by Early 2021
Russian President Vladimir Putin said Saturday that he hopes work on the Nord Stream 2 gas pipeline will be finished by early next year.
Nord Stream 2 Is An Economic Project to Benefit Germany And Europe, Washington’s Stance Is Wrong - Merkel
Speaking to journalists in Moscow alongside Russia’s President Vladimir Putin, Merkel argued that that “sanctions are a wrong way to go.” Both leaders vowed …
Oil & Gas Trade
Russia, Turkey Open TurkStream Gas Pipeline
Russian President Vladimir Putin and his Turkish counterpart, Recep Tayyip Erdogan, Wednesday opened the taps of the TurkStream natural gas pipeline, officially…
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