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Tag: Oil and Gas News in Russia

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.

A Russian Oil Price Cap Will Benefit China, India – US

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United States has asserted that the orchestrated capping of Russia oil initiative, seeking to set a ceiling on the price of Russian oil sold...

Sanction Talks Against Russia’s LNG Disappearing 

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Fears of sanctions on Russia’s LNG exports appear to be disappearing as Russian LNG suppliers have recently sold cargoes in Asia at close to...

EU May Step Down Price Cap On Russia’s Natural Gas

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The orchestrated price cap on Russian oil appear to have entered a new gear as the executive arm of the European Union, the Commission,...

UK Sanctions Shipment of Russian Oil Above Price Cap

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The UK has banned use of its services to transport Russian oil unless the oil in question is purchased at or below the price...

Russia: G7 Allies Say Oil Price Cap Will Not Apply To...

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The US and its allies have agreed that the price cap scheme against a cargo of Russian oil will only apply at the first...

Russian LNG Exports Rise Despite The Push To Cut Dependence On...

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Russian exports of liquefied natural gas (LNG) rose in October to their highest level since March, vessel-tracking data compiled by Bloomberg showed on Wednesday,...

Russia, Iran, Sign Trade Agreement With The Eurasian Economic Union

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To counter the effects of the EU powered coalition against it on gas supplies, Russia and Iran have agreed to sign a free trade...

EU Sanctions: Gazprom’s Natural Gas Exports Dip By 43%

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The toll of EU sanctions against Russia is beginning to tell, as Russian state owned oil giant, Gazprom, has complained that its natural gas...

IEA: Russian Oil May Still Flow Despite Price Cap

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The executive director, the International Energy Agency (IEA), Fatih Birol, said yesterday that the global oil market will still need Russian oil to flow...

US Fears That Russia Could Still Evade The Oil Price Cap

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The US has said that Russia could still evade the planned price cap on its oil because it may likely have access to enough...

OPEC+ 2mbpd Oil Cut Came At “The Worst Possible Moment” –...

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The US is still worried about the OPEC+ group’s decision to cut crude oil production target by 2 million barrels per day (bpd), pointing...

U.S. Assures OPEC That G7 Price Cap On Russian Oil Won’t...

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The US has assured OPEC members that the G7 group’s price-capping measures against Russia is meant only to restrict Russia’s oil revenues, and was...

Russia Removes Exxon From Major Oil and Gas Project

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Russia has removed Exxon as a shareholder from the Sakhalin-1 oil and gas project and transferred its stake to a Russian business entity. Exxon said...

Oil Price Cap Against Russia: Cracks Appear Among The Ranks Of...

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There are indications that, over the oil cap proposal against Russia, deep divisions appear to have appeared among European Union member states, as EU...

Russia Protests Exclusion From Nord Stream Investigation.

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Russia has summoned the ambassadors of Germany, Denmark, and Sweden and handed them notes of protest challenging their investigations into several explosions on the...

Russia Pushes For Price Cap On U.S. Liquefied Natural Gas

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Russia has pushed for the U.S. to set a price cap on its liquefied natural gas shipped to Europe, alleging that American gas...

Germany Knew About Current Russian Gas Blackmail Months Before Ukraine Invasion

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A classified report available to Germany in October 2021 showed that the country was warned that Russia could use its gas pipelines as a...

Nordstream Explosions: Putin Says Every Energy Infrastructure On Earth Is “Under...

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Russian President, Vladimir Putin has said that following the Nordstream 1 and 2 mystery explosions, every energy infrastructure throughout the whole world is “under...

Sweden Turns Down Putin’s Request To View Nordstream Gasline Explosion Findings

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...Also to be joined in investigations Sweden has turned down Russia’s wish to inspect the findings of its probe into the explosions of Nord Stream...

Russia Willing to Continue Gas Supply to Europe, Suggests Gas Hub...

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Russia has volunteered to redirect natural gas supplies intended for the damaged Nord Stream pipelines to the Black Sea, and the creation of a...