Russia


All posts for Russia

Gazprom and Saudi Aramco sign Memorandum of Understanding

Viktor Zubkov , Chairman of the Gazprom Board of Directors, and Amin H. Nasser, President and CEO of Saudi Arabian Oil Company, signed in Moscow a Memorandum of Understanding for international cooperation in the gas sector. The signing ceremony took place on the margins of the official visit to R ...

OilVoice Press - OilVoice


Posted 9 days agoPress > Saudi AramcoGazpromLNG +3

Dr. Daniel Fine: Hurricanes, strategic implications, royalties and prices

Hurricane Harvey last month shut down more than 3 million barrels of oil refinery output or nearly 17 percent of the nation's capacity. Refinery capacity in the Gulf Coast was down over 30 percent on Aug. 30. Whatever caused this hurricane, there is now a risk of future size and scale to be reckoned ...

Will Fine


Posted 23 days agoOpinion > Hurricane HarveyStrategic Oil & Gasoil royalties +36

Oil and the Saudi Arabia threat by Dr. Daniel Fine

Dr. Daniel Fine, New Mexico Center for Energy Policy There is instability in the leading oil producer within OPEC and the lowest cost producer in the World. Nothing like this has happened in Saudi Arabia since the middle of the last century. It is only a matter of the short term before the price ...

Will Fine


Posted 2 months agoOpinion > San Juan BasinNew Mexicosaudi +27

Oil and the Saudi Arabia threat

The big picture is struggle between Iran and Saudi Arabia to dominate the region or Islamic Middle East.It was the take-over generation that switched Saudi Arabia oil strategy from an anti-American shale and sand price and market share war against West Texas Intermediate oil to a reduction of outp ...

Will Fine


Posted 2 months agoLink > Saudi ArabiaSaudi Aramcooil price +35

Energy expert Daniel Fine examines Trump plan for U.S. energy ‘dominance’

The Trump administration has pushed an energy policy based on the notion of American self-sufficiency and energy “dominance.” Daniel Fine, associate director of the New Mexico Center for Energy Policy and senior policy analyst for the New Mexico State Department of Energy, Minerals, and Natural R ...

Will Fine


Posted 2 months agoLink > Permian BasinWhite HouseEnergy policy +51

Dr. Daniel Fine is a nice addition | Roswell Daily Record

The recent article by Dr. Daniel Fine in the guest column of your Wednesday edition concerning the impacts of Saudi Arabian-led dismantlement of our lively domestic energy business via flooding the market with underpriced foreign crude from numerous Middle Eastern national oil companies along with ...

Will Fine


Posted 3 months agoLink > Saudi AramcoSaudi ArabiaKingdom of Saudi Arabia +25

Don't hold your breath – looks like OPEC needs more time!

Well then – it looks as though OPEC, Russia and other major oil producers have agreed this week that they are going to hold their collective brush power for another nine months. The cynics among you will spot that these coordinated production cuts are aimed at repairing the massive supply glut that ...

Linus Booker - Chavenage Mining Consultants


Posted 4 months agoOpinion > OPECOilRussia +2

Why a tightening US natural gas system could put the squeeze on LNG

Europe is banking on cheap US LNG exports competing with Russian pipeline natural gas to keep prices low and global supplies plentiful. But the US natural gas system is not as comfortable as you might think. The US produced less gas in 2016 than in 2015, the first time since 2005 that gas output ...

OilVoice Press - OilVoice


Posted 5 months agoOpinion > PlattsLNGUSA +1

Rosneft and LUKoil launch drilling in the Arctic

Russian oil rivals Rosneft and LUKoil are preparing to launch drilling work within days at the northern tip of the Taimyr Peninsula. Recent years have seen Russia's two largest oil producers jostle for supremacy in the underexplored region, known for its extreme weather and lack of infrastructure. ...

NewsBase Staff - NewsBase


Posted 6 months agoOpinion > RussiaRosneftLUKOIL +1

The Caspian Sea Region; Where Politics and Energy Collide

NB Intelligence has released a new CaspianOil Special Report 2017, focusing on risk and issues associated with existing and prospective fields in the region. The Report focusses on the wider Caspian Basin, which includes both onshore and offshore fields in the five countries that share it – Azerbai ...

Sarah Price


Posted 6 months agoPress > Caspian Oil & GasKazakhstanIran +4

Russia’s transparency hopes dashed with opaque deal: Fuel for Thought

When Russian authorities first announced they would privatize some major state-run assets several years ago, they cited improving the investment climate by increasing transparency and efficiencies among its main goals, but the deal to privatize Rosneft is unlikely to help meet them. In fact the ...

OilVoice Press - OilVoice


Posted 6 months agoOpinion > RussiaRosneft

Recent Russian oil production data confirms delayed compliance from minor producers

Russian oil output averaged 11.11 million bbl/d in February 2017, representing no further output reductions relative to the January 2017 level. Since the early December 2016, the Russian government has been reassuring the industry that the country will reach the production cut target of 300 kbbl/d ...

Julia Weiss


Posted 7 months agoOpinion > Rystad EnergyRussiaCompliance

Tillerson to face further Russia scrutiny this week

Note: Article originally written by Paul Harris, Glacier Media, and posted with permission. Former ExxonMobil CEO Rex Tillerson's track record in Russia will come under further scrutiny this week. Tillerson, who is Donald Trump's nominee for Secretary of State, will begin confirmation hearings w ...

Mark Young


Posted 9 months agoOpinion > tillersonExxonMobilRussia +7

Russia resurgent: Oil sees a turnaround in 2016

The year started poorly for Russia, but it has certainly ended well. In January, the price of oil was moldering — below $30/b on occasion. Given Russia's dependence on oil and gas revenue, the budgetary outlook was bleak. Hillary Clinton was going to be elected as the next president of the United S ...

OilVoice Press - OilVoice


Posted 9 months agoOpinion > PlattsRussia