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Slick OPEC+ scheme boosts prices: Saudis cut, Russia, Kazakhstan raise
Oil prices climbed more than 4% on January 5 after OPEC+ reached an unusual production quotas agreement, with Saudi Arabia committing to cut the...
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OPEC+ likely to extend oil cuts seeing slow fuel demand recovery from vaccines
Oil prices climbed to their highest in more than eight months on November 25 fuelled by continuing hopes that energy demand will recover once...
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OPEC+ becomes OPEC- with oil production cuts
The Organization of the Petroleum Exporting Countries (OPEC) and other major producers led by Russia, a group known as OPEC+, have reportedly agreed to...
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Russia commences Power of Siberia pipeline gas supplies to China
Russia started on 2 December Russian gas pipeline supplies to China via the ambitious Power of Siberia gas pipeline or so-called eastern route.Taking part...
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Russia fuels global gas race with Arctic LNG-2 project
Competing in the global liquefied natural gas (LNG) race, Russia’s largest independent gas producer, Novatek, France’s Total and the other project shareholders have approved...
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Saudi Arabia, Russia may extend OPEC, non-OPEC oil output deal
Plans of the Organization of the Petroleum Exporting Countries (OPEC) and other supplies, especially Russia, to possibly continue curbing oil production for the rest...
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Scotland, Crimea, East Ukraine Eye Energy On Independence
North Sea oil and natural gas reserves are expected to become a major financial asset for Scotland on independence, Scottish Finance Secretary John Swinney said late...
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Putin: “Dasvidaniya” EU, “Ni Hao” China
Cornered by western sanctions, Russian President Vladimir Putin oversaw the signing of a massive 30-year deal between Gazprom and China's CNPC on 21 May that...
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Timchenko – South Stream’s Achilles’ Heel
A consortium led by Russia’s Stroitransgaz is reportedly a shoo-in to win a €3.5 billion deal to build a section of the South Stream natural gas pipeline across Bulgaria. Stroitransgaz...
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Ukraine Violence Clouds Russia Gas Deal
Following lethal violence, Ukraine’s embattled President Viktor Yanukovich and opposition leaders have signed a breakthrough deal on ending the political crisis in the former...
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