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Russia
Oil Price
Russia’s Gazprom Neft Sees Oil Prices Topping $30 This Summer
Oil prices will top $30 a barrel this summer as demand will start to recover slowly, Alexander Dyukov, chief executive at Russian oil producer Gazprom Neft, t…
Crude Oil
Russian Oil Output Jumped to 11.35 Mln Bpd in April, Ahead of cuts
Russia raised oil and gas condensate output in April to 46.45 million tonnes, or 11.35 million barrels per day (bpd), from 11.29 million bpd in March, Interfa…
Oil & Gas Trade
Belarus Buys First Oil from Saudi Arabia: Refiner Belneftekhim
Belarus, long dependent on Russian oil, has bought its first barrel of crude from Saudi Arabia.
Nuclear Power Plant
Finland Performs Remote Inspection of New Nuclear Plant Project
Finnish nuclear regulator STUK has carried out a scheduled inspection of RAOS Project Oy - a subsidiary of Russia's Rosatom - via Skype, in line with social dis…
Crude Oil
Russia Calls For Market Share Target For OPEC+
It would make sense for the OPEC+ coalition of oil producers to begin monitoring the group’s market share to measure how effective the OPEC+ actions are.
Crude Oil
Russian Oil Production Set For First Annual Drop Since 2008
Due to the OPEC+ production cut deal, Russia’s oil production could decline by 15 percent annually in 2020, Russian Energy Minister Alexander Novak told news a…
Oil&Gas Drilling
Russia’s Grand Plan For Arctic Oil Is Under Threat
Russia's oil sector has been at the center of virtually all developments in its modern history. Imperial Russia already produced oil in the early days of the in…
US Cannot Remain a Party to Iran Deal,Mikhail Ulyanov Said
The country which officially ceased its participation in the Iran deal cannot remain its participant by definition, according to Russia's Permanent Representati…
Oil & Gas Trade
Russia’s Energy Ministry Expects Gradual Revival in Oil Demand in Second Half of Year
Minister Alexander Novak said before it happens oil producing countries should avoid filling of oil storage facilities to the full and prevent a market collapse…
Oil & Gas Trade
Russia Halves Western Sea Oil Exports in May after OPEC+ Deal
Russia plans to halve oil exports from its Baltic and black sea ports in May.
Crude Oil
Russia Cuts European Sea Ports Oil Exports To 20-Year-Low
Exports of Russia’s key export blend Urals are expected to slump to the lowest level since at least the early 2000s, according to data from Refinitiv Eikon.
Market Analysis
Enel Russia to Develop Renewables in Republic of Tatarstan
Enel Russia has signed in absentia an agreement on cooperation aimed at the development of renewable energy projects in the Republic of Tatarstan.
Combined cycle power plant
GE Completes Major Inspection at Russian Combined Cycle Plant
GE has announced that its major inspection of the Siemens’s 60 MW SGT-800 gas turbine installed at the Ufa TPP-2 combined cycle power plant—owned by Bashkir G…
Nuclear Fuel
Trump Officials Eye Blocking Uranium from Russia, China to help U.S. Nuclear Industry
Trump administration officials on Thursday recommended granting U.S. energy regulators the ability to block imports of nuclear fuel from Russia and China and de…
Coal Mine
Russia's Mechel Sells Main Coal Mine Project to Reduce Debt
Russian steel and coal producer Mechel said on Wednesday it had sold its stake in Russia's Elga coal mine to a local businessman to reduce debt.
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