Russia’s oil and gas companies are living through the best of times, simultaneously enjoying record production and the highest prices ever in the local currency.
Premier Oil’s head of cybersecurity has expressed concern that any action against Russia could lead to retaliation against North Sea operators.
Rosneft PJSC posted record cash flow in the second quarter as Russian oil companies hit a sweet spot of rising crude prices and a weakening ruble.
A Russian helicopter carrying oil workers has crashed shortly after take-off in Siberia, killing all 18 people on board.
Russia, one of the world’s top three crude producers, is preparing the most radical shakeup of its oil-tax system since 1999.
U.S. President Donald Trump eased his tone about a Russian natural gas pipeline to Germany after a one-on-one meeting with President Vladimir Putin, shifting from the harsh criticism he’d levied in Europe last week.
Despite Opec announcing a 1million barrel daily increase in production yesterday, the oil cartel did not say which countries will account for that.
Ukraine and Russia have clashed again, with Naftogaz serving Gazprom with an order to freeze assets in England and Wales.
Come for the football, stay for the oil diplomacy.
ussia plans to propose that OPEC and its allies be allowed to return production to October 2016 levels, rolling back most but not all of their output cuts within three months, according to a person familiar with Russian thinking.
Oil extended declines as Russia was said to increase output before it meets with OPEC, adding to signs that a global coalition of producers is unwinding a pact to restrain supply.
This month’s packed geopolitical calendar has another key date -- a meeting between Vladimir Putin, the Russian president, and Mohammed bin Salman, the powerful Saudi crown prince.
As Donald Trump’s trade policy risks worsening economic conflict with the European Union, Russia’s Vladimir Putin is strengthening ties with the region.
Oil headed for its longest run of losses since February as investors weighed Saudi Arabia and Russia’s proposal to boost output to ease concerns over supply shortages.
Oil headed for its longest run of losses in almost four months as Saudi Arabia and Russia said they are discussing reviving output to ease consumer anxiety after prices jumped to levels last seen in 2014.
Oil is poised to post its first weekly decline in almost a month as Saudi Arabia and Russia said they’re discussing easing global output cuts while the risk of Iranian and Venezuelan supply disruptions linger.
Russia’s natural gas export monopoly is set to expand its position as the dominant fuel supplier to Europe after a deal between the two resolved a seven-year-old anti-trust dispute.
Saudi Arabia and Russia, the oil producers who led the effort to shrink a global glut, said they are discussing easing output curbs for the first time.
Total has struck a deal to buy a 10% stake in the Arctic LNG 2 project in northern Siberia.
Ministers have been accused by MPs of risking national security by "turning a blind eye" to the Russian "dirty money" flowing through the City of London.
President Vladimir Putin has said that Russian gas supplies to Europe via Ukraine may continue even after the launch of a prospective Germany-bound pipeline under the Baltic Sea.
The U.S. stepped up its opposition to the Nord Stream 2 natural gas pipeline linking Russia and Germany, saying the project raises security concerns and that it could draw U.S. sanctions.
Foreign Secretary Boris Johnson has told MPs that the UK will “consider” imposing sanctions on Russian gas post Brexit.
A leading analyst has said there is “little evidence” to support claims that Russia could impact Britain’s gas supply, amid escalating tensions with the country.
Russian oil giant Rosneft said higher oil prices and increase production helped the company increase its adjusted earnings by almost 10% last year.