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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.
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
LUKOIL Moves to Next Stage of North Caspian Field Development
Russian oil major LUKOIL said on April 10 the company has moved on to the next stage of facilities construction for the Valery Grayfer field being the launch …
Oil Price
Russian Oil Firms Ready To Agree To A Production Cut Deal
With oil prices below Russia’s budget breakeven and with over 20 percent of global oil demand wiped out by the coronavirus pandemic, Russian oil firms could be…
Oil Price
Saudis to Sell Oil at $25 in Market Share Grab from Russia
Saudi Arabia is preparing to flood markets with oil at prices as low as $25 per barrel, specifically targeting big refiners of Russian oil in Europe and Asia, a…
Crude
Saudis Sell Oil at $25 in Market Share Grab from Russia
Saudi Arabia is preparing to flood markets with oil at prices as low as $25 per barrel, specifically targeting big refiners of Russian oil in Europe and Asia,…
Oil & Gas Trade
US Slaps Sanctions on Russian Oil Company Trading with Venezuela
The Trump administration Tuesday imposed economic sanctions on Rosneft Trading SA, a Geneva-based subsidiary of Russia’s state-owned oil giant, charging it wit…
US Takes Aim at Russian Oil Giant Rosneft to Press Venezuela
The United States on Tuesday imposed sanctions against a subsidiary of Russian state-controlled oil giant Rosneft over its key role in Venezuela, stepping up in…
Russian Oil & Gas Firms Plan to Invest $20 BILLION in Iraq’s Energy Industry
Russian oil and gas companies could triple their investments in Iraq in the near future, Yury Fyodorov, first deputy chairman of the Economic Policy Committee a…
LNG
Novatek secures Bukharinskiy license through Arctic LNG 1 unit
Russian oil and gas company Novatek has secured the rights to explore the Bukharinskiy license through its Arctic LNG 1 unit.
Oil&Gas Drilling
Russian Oil Company Enters Two Blocks Offshore Egypt
Russian state-controlled oil company Zarubezhneft has entered into a production sharing agreement for two offshore blocks blocks in Egypt.
Oil&Gas Drilling
Russia’s Oil Companies Propose Postponing Extension of OPEC+ Deal Until March
At a meeting at the Ministry of Energy on Thursday, representatives of the Russian oil industry proposed that the current quotas for reducing production within …
Tatneft PJSC
PJSC TATNEFT is one of the largest Russian oil companies, being an vertically integrated holding. The production complex of the Company includes steadily develo…
Russneft
PJSC RussNeft is ranked among the top 10 Russian oil and gas companies and has its headquarters in Moscow.
Crude
BP and Glencore are Struggling to Sell Around Tainted Russian Oil
BP and Glencore are struggling to sell around 600,000 tonnes of tainted Russian oil more than three months after the contamination was discovered, according to …

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