Tag: Alexei Kokin
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OPEC+ seeks agreement on oil production policy
The Organization of Petroleum Exporting Countries (OPEC) and non-OPEC, an energy alliance often referred to as OPEC+, was expected to reconvene via teleconference on...
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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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Russia, Saudi Arabia eye COVID-19 oil cut to hike prices
Russia and OPEC-kingpin Saudi Arabia are reportedly mulling to delay an increase in oil production in January, maintaining an output cut aimed to raise...
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Too much supply, too little demand, OPEC+ wants production cuts
Fearing slow oil demand recovery, the Organization of Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, during a meeting on...
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Oil reflux: OPEC+ pumps up volume after COVID-19 cutback
The Organization of the Petroleum Exporting Countries (OPEC) and its oil producing allies led by Russia, a group known as OPEC+, reportedly agreed on...
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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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The big question mark for OPEC and Russia confab: Extend production cuts
MOSCOW – The Organization of the Petroleum Exporting Countries and other major oil producers led by Russia plan to meet on 1-2 July in...
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US sanctions may be too late to stop Nord Stream-2 construction
US sanctions against the controversial Nord Stream-2 pipeline from Russia to Germany are unlikely stop the project’s construction but may prevent Russian gas monopoly...
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Russia’s ‘western route’ to China may jeopardise Gazprom’s supplies to Europe
The Power of Siberia gas pipeline is scheduled to start on December 20, 2019, transporting gas supplies to China from the Russian Far East...
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Russia’s Gazprom to supply China via Power of Siberia pipeline
In an effort to strengthen Russia’s foothold in the Asia-Pacific region, Gazprom is advancing plans to supply China with gas via the Power of...
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Trump vs Nord Stream-2
At an early breakfast meeting with NATO chief Jens Stoltenberg in Brussels on July 11, US President Donald J. Trump launched an attack on the...
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Russia, Saudi push for OPEC oil supply increase while demand is strong
The Organization of Petroleum Exporting Countries (OPEC) and non-OPEC producers are seeking a compromise as Saudi Arabia and Russia are pushing the oil cartel...
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Trump pulling out of Iran nuclear deal risks fuel oil prices
As the US Administration of President Donald J. Trump mulls new sanctions against Iran, world oil prices remained high on May 4.“Iran is exactly...
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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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Potential European market rivals, Russia’s Gazprom, Iran’s NIOC sign gas cooperation deals
Gazprom said that the Russian gas giant has signed a deal with Iran to implement integrated projects for hydrocarbon production, transmission and processing in...
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Russia, Saudi coordinated production cuts unlikely
Russian Energy Minister Alexander Novak said on January 28 Saudi Arabia has proposed oil production cuts of up to 5% by each country. “This...
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Gazprom expands market share as prices fall
Russian gas monopoly Gazprom announced better than expected results, reporting a net loss of 2 billion rubles ($26 million) in the three months to...
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Putin pours money into Venezuela oil production
Venezuela’s President Nicolas Maduro said Caracas and Russia’s sanction-hit Rosneft have agreed on around $14 billion in investment in the South American country’s oil...
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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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Ukraine-Russia Lovefest Won’t Slow South Stream
The rapprochement between Moscow and Kiev, following a deal to provide Ukraine with a $15 billion loan and a gas price reduction from about...
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