Discover the latest oil and gas news in Russia right here! Stay up-to-date on all the latest news about Russian oil and gas as it happens! We cover everything from major oil companies to fracking in this vast country.
Tag: Oil and Gas News in Russia
EU Leaves Door Open to Gas Price Cap After Talks On...
European leaders left open on Friday the possibility of capping the price of gas this winter, as a summit laid bare divisions over how...
Gas Flow: Russia Says Hope Is Not Lost On Nord Stream...
Russia has said it could recommence the supply of natural gas to Germany and its neighbors via an undamaged section of the Nord Stream...
Nord Stream Leaks: Swedish Investigation Points at Sabotage
…….Says, ‘detonations’ damaged pipelines   Â
A Swedish Security Service has discovered that the orchestrated Nord Stream pipeline leaks in the Baltic Sea...
Russia Officially Claims Ownership Of Ukraine Nuclear Plant
Russian President Vladimir Putin has decreed Ukraine’s Zaporozhye Nuclear Power Plant is a Russian federal asset, absorbing all facilities and employees as the Kremlin’s...
Indian Refiners Lock-In Deals Ahead Of G-7 Sanctions Against Russian Oil
World’s third-largest crude oil importer, India, is looking to lock in term purchase contracts with crude producers, expecting a redirection of trade flows and...
OPEC+ Plans Oil Production Cut To Address Price Slump
………Cartel Meets In-Person This Week in Vienna
The OPEC+ super group of oil producers would hold its first in-person meeting this week, the first since...
OPEC Raises Oil Production – Highest Level Since 2020
A Reuters’ survey published last Friday showed that OPEC raised its September crude oil production to the highest level since 2020, yet failed to...
EU Ready With 8th Round of Sanctions Against Russia
……..As Russia annexes 4 Ukrainian regions
There are indications that the European Union would come up with the eighth round of sanctions against Russia...
Nord Stream Pipeline Leakage: Europe Vows to Unveil the Riddle of...
European Powers have vowed to get to the root the mysterious leaks on Baltic Sea gas pipelines that prompted suspicions of Russian sabotage.
European Union’s...
Russia May Propose Output Cut At Next OPEC+ Meeting
Agency sources said yesterday that Russia is likely to propose at the next OPEC+ meeting that the group cut 1 million barrels per day...
Denmark, Poland, Norway Launch Baltic Natural Gas Pipeline to Reduce Russia’s...
Leaders of Denmark, Poland and Norway yesterday launched the Baltic Pipe natural gas pipeline linking the three countries and the Baltic Sea.
The leaders hailed...
Renewable Energy Jobs Hit 12.7m in 2021 Amid Green Transition Efforts
……..China leads in employment generation followed by EU and BrazilA new report has said that jobs in the renewable energy sector rose about 6%...
Recession Looming As Oil Falls Below $80, Expert Warns
On the back of heightened concerns about slowing economic growth and recessions looming, global oil prices dipped by 5% early last weekend, with the...
Military: Putin Issues Conscription Order On Energy Workers
Russian president, Vladimir Putin, has ordered nearly 100% of Russia’s male energy sector employees to present themselves at recruitment offices.
The ministry of energy in...
China’s Fossil Fuel, Coal Imports From Russia Soar
Report shows that China is enjoying a windfall from the purchase of Russian oil, as they reap the benefits of a plunge in European...
Germany Seizes Control of Russian-Owned Refinery, Finally
Finally, the German government taken over the local business of Russian Rosneft under trusteeship, handing control over the Schwedt refinery to the country’s energy...
Brazil Looks Up to Russia To Boost Diesel Imports
Amid a shortage of the fuel that began several months ago and is currently hurting President Jair Bolsonaro’s re-election chances next month, Brazil has...
Saudi Arabia, Russia Both Yearn for $100 Oil Price
Russia and Saudi Arabia, who together make up more than half of OPEC+'s total production quota, are believed to be considering $100 oil as...
Russia Says Natural Gas Exports To EU Will Drop By 33%...
Embattled Russia's natural gas exports to the European Union in this year are expected to reduce by 50 billion cubic meters (bcm) - or...
Russia’s Largest Oil Producer Boosts Profits Amid Sanctions
Russia state-owned largest oil producer, Rosneft, has a 13% increase in its first-half net income compared to the same period last year.
The report, which...
