Russia


All posts for Russia

Russia Is Heating Up The Arctic

Led by Russia's largest independent gas producer, the 19.8 million ton per annum project is also joined by Total, CNPC, CNOOC and the Japan Arctic LNG consortium (consisting of Mitsui & Co and JOGMEC). Novatek's ambitions call for up to 140 mtpa of LNG production in Gydan and Yamal, from its curr ...

Hui Shan


Posted 27 days agoLink > RussiaArcticNovatek +5

TODAY IN ENERGY: Australia is on track to become world’s largest LNG exporter

In the August 2019 Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts relatively flat crude oil prices for the remainder of 2019 and through 2020 and a balanced global oil market in 2019 followed by modest inventory builds in 2020 as production growth outp ...

Hui Shan


Posted 2 months agoLink > InternationalexportsImports +6

Year of Energy team tours Middle East ahead of 5th GECF Gas Summit

The first high-level ad hoc working group meeting for the 5th GECF Gas Summit, held at the GECF Headquarters in Doha, Qatar, took place on July 18. Representatives of the GECF Member States and Observers – including GECF Secretary General Yury Sentyurin – were updated on conference speakers, spons ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 months agoPress > Equatorial GuineaGECFgas +14

Upcoming OPEC Meeting: What to Expect

With Russian Finance Minister Anton Siluanov suggesting that there was a risk that oil prices could fall as low as US$30/b and the Saudi Arabia-Russia alliance preparing for a US$40/b oil scenario, it looks more and more likely that the production deal will be extended to the end of 2019. The maj ...

Hui Shan


Posted 4 months agoLink > OPECoil priceShale +3

Russia Ranked World's Second Largest Producer of Crude Oil

Russia Named as One of the Top Two Countries in Crude Oil Production Crude oil, also known as "black gold," is an unrefined petroleum product that is found naturally around the world. It is refined to create a wide range of products including gasoline, diesel, and a variety of petrochemicals. It ...

Ruslan Baisarov - Tuva Energy Industrial Corp.


Posted 4 months agoOpinion > OilRussiaProduction +4

Analysis: Oil market glut will lead to declining prices through 2020 by Dr. Daniel Fine

With the OPEC-Russia meeting ahead, the price of oil is at a crossroad.  President Trump wants lower prices for gasoline at the pump and the Democratic Party wants a shortage to lift prices higher. This is the 2020 presidential election, to re-elect Trump or a create a Democratic left-center White ...

Will Fine


Posted 4 months agoOpinion > Pioneer Natural ResourcesOccidental PetroleumAnadarko Corporation +97

Key Industry Projects to Watch Around the Globe in 2019

Oil and gas industry experts make sure to keep a close watch on upstream, midstream, and downstream oil and gas projects being built around the world. The ten most significant projects below were selected based on factors such as capital expenditure, its impact on employment in the industry, and the ...

Ruslan Baisarov - Tuva Energy Industrial Corp.


Posted 5 months agoOpinion > AI in Oil and Gas2019Indonesia +7

Is The Saudi - Russia Oil Bromance Souring?

Prior to the meeting, Saudi Arabia had gone on record to state that the Kingdom believed that OPEC's job in rebalancing the oil market was far from over and that output cuts were necessary to continue into the second half of 2019. In the past, Saudi Arabia would most likely to be able to bully it ...

Hui Shan


Posted 6 months agoLink > OPECsaudiRussia +3

Analysis: Things are flat in the Permian, and there's a push for renewables in Santa Fe by Dr. Daniel Fine

The Permian-Delaware Basin rig count should start falling as oil operators, large and small, are flat for 2019. Spending has been sharply reduced as supply now dominates the A.I. (Artificial Intelligence) used by many commodity traders in oil.    The large or integrated oil companies have all the ...

Will Fine


Posted 8 months agoOpinion > Santa Felatest oil and gas newsNew Mexico +69

Reactions to Delaware Basin News Shows Misunderstanding of Petroleum Economics by Dr. Daniel Fine

News of the size of oil reserves in the Delaware Basin (New Mexico's share of the Permian) while OPEC was deciding how many barrels it will cut from the world market to lift prices caused epic confusion – and revelations of how little “authorities” and the media understand petroleum economics. The ...

Will Fine


Posted 9 months agoOpinion > OPECNon-OPECNOPEC +91

Russia has Highest Capex on Crude and Natural Gas Projects in Former Soviet Union Over Next Seven Years, says GlobalData

Russia accounts for more than 90% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the Former Soviet Union (FSU) over the period 2018–2025, according to GlobalData , a leading data and analytics company. The company's report: ‘ H2 2018 Prod ...

OilVoice Press - OilVoice


Posted 9 months agoOpinion > GlobalDataRussianatural gas +4

Gazprom’s Gas Exports to Hungary in 2018 Exceed Last Year’s Total

A working meeting between  Alexey Miller , Chairman of the Gazprom Management Committee, and Norbert Konkoly, Ambassador Extraordinary and Plenipotentiary of Hungary to the Russian Federation, took place in St. Petersburg today. Also present was Gyorgy Kobor, who had been appointed as Chairman of t ...

OilVoice Press - OilVoice


Posted 10 months agoPress > Gazpromgasexports +2

Gazprom - Board of Directors Reviews Prospects of Shale Gas and LNG Sectors

The Gazprom  Board of Directors  took note of the information about the prospects of the shale gas and liquefied natural gas (LNG) sectors around the world, as well as the opportunities and threats facing the Company. It was highlighted that, as in the past, shale gas production was concentrated a ...

OilVoice Press - OilVoice


Posted 10 months agoPress > GazpromShale Gasgas +3

Gazprom’s UGS Facilities in Russia Reach Record Potential Deliverability of 812.5 Million Cubic Meters Per Day

The Gazprom  Management Committee  examined the operational readiness of the Unified Gas Supply System (UGSS) facilities for peak loads in late 2018 – early 2019 and reviewed the long-term measures needed to be taken to ensure uninterrupted gas supplies to consumers in winter. It was noted at the ...

OilVoice Press - OilVoice


Posted 10 months agoPress > GazpromRussiagas +3

Analysis: Trump and Saudi Collision on Oil, and Bingaman’s Return to Santa Fe

In an earlier column, readers overseas benefited from this writer's forecast that crude oil prices would fall dramatically because most commodity traders got it wrong. Simply, this column's analysis was the buying of oil assumed a shortage would result once the sanctions against Iran would be activ ...

Will Fine


Posted 10 months agoOpinion > Senator BingamanBingamanSanta Fe +71