Tagged With Russia
Russia looks to streamline oil taxation
24 September 2020
The Kremlin has made a surprise move to reform its complex system
Rosneft announces Kara comeback
27 August 2020
Sechin confirms drilling has restarted in the Russian Arctic shelf, despite high costs and ongoing sanctions
Rosneft strikes again in the Arctic
13 August 2020
The Russian oil firm has added more reserves to its ambitious Vostok Oil project
Letter from Moscow: Russia reluctantly explores hydrogen
13 August 2020
If the EU, its major customer, is looking at displacing natural gas with H2, the resource-rich producer must also try to get in on the act
Libyan production languishes under ‘illegal blockade’
4 August 2020
National Oil Corporation reports its lowest production since the blockade started in January as external forces gear up for clash over Sirte basin oilfields
Novatek gas sales plunge on reduced Yamal spot sales
3 August 2020
A ramp-up in long-term contract requirements leaves operator with reduced volumes to sell
London crude trading’s ‘Good Old Days’: Into the nineties
31 July 2020
Colin Bryce continues his oil markets story, as a new decade ushers in further changes to the trading landscape
Gazprom Neft takes the lead in Russian hard-to-recover oil
21 July 2020
More-challenging reserves are expected to account for an increasing share of the country’s production over the coming decades
Urals premium hurts Russian integrateds
17 July 2020
Russia’s Opec+ compliance has pushed its benchmark grade to a premium over Brent. But this is not good news for the country’s large integrated oil firms
Battlefield China in Russo-Saudi tussle
10 July 2020
Russia and Saudi Arabia have largely buried, rather than settled, their issues. China is a microcosm of the ongoing tension
Letter from Moscow: Putin triumphant, but facing choppy waters
6 July 2020
The Russian strongman’s referendum delivered him the expected result. But there are troubles on the horizon
Russia remains warm on Arctic projects
18 June 2020
Despite arduous operating conditions, Covid-19 further challenging the economics and the threat of further Western sanctions, growth in the region remains a core priority for the government
Nuclear faces its own energy transition
18 June 2020
The fuel may appear to be in terminal decline, but it remains the focus of Great Power competition, suggesting it is not dead yet
Gazprom chases China gas expansion
7 May 2020
Now the Power of Siberia is operational, the Russian major is exploring additional pipeline options
Gas and LNG brace for tougher times
1 May 2020
The global gas market faces choppier waters on demand uncertainty, overbuoyant supply and lower-for-longer oil
Shell walks away in western Siberia
24 April 2020
Yamalo-Nenets joint venture with Gazprom Neft falls victim to capex cuts
Saudi Arabia’s pyrrhic oil war triumph
24 April 2020
The kingdom may consider it has prevailed over Russia and US shale producers in the short-term, but its longer-term prospects are clouded in uncertainty
Texas searches for oil industry salvation
23 April 2020
Record low oil prices are compelling the state to consider proration. But greater measures may be needed to stave off financial ruin
Producers’ mindset needs to change
20 April 2020
Storage logistics have never been more challenging, playing to oil traders’ strengths. Pure producers’ structural lack of patience may only assists them
To deal or not to deal
8 April 2020
Russia and Saudi Arabia blame each for the initial Opec+ breakdown. Will necessity trump naked ill-will this week?
Russia’s hand: weaker than it seems
8 April 2020
The devaluation of the rouble has been seen as insulating Russia during any sustained price war. But it may not be sitting as comfortably as thought
Russia in strong position for price war
2 April 2020
Oil producers in the country have relatively low upstream costs and greenfield projects ready to roll
Transition faces pressure from oil crash and Covid-19
31 March 2020
The energy transition faces dual challenges of an oil price crash and the coronavirus pandemic, with competitive pressure and disruptions to supply chains
What Saudi Arabia and Russia do next
27 March 2020
The Opec+ heavyweights underestimated Covid-19’s impact on demand. It may be too late for them to staunch the bleeding
Sub-$30 Brent looming on Opec+ tension
9 March 2020
Wide differences in strategy, breakeven prices and national finances all contributed to failure to agree production cuts in face of US shale competition and sagging demand
IEA condemns ‘Russian roulette in oil markets’
9 March 2020
Global oil market turmoil caused by a supply war between Saudi Arabia and Russia threatens political stability—just as the world should be coming together to combat Covid-19. So says the IEA, as it launches forecasts for annual growth to 2025.