page 12
Belarus may resume oil transit from Russia towards Poland at midnight on Monday, the press secretary of Belarus state energy group Belneftekhim, Marina Kostuchenko, said. A spokesman said the group expects to resume oil …
Russian President Vladimir Putin has approved a new doctrine of the country’s energy security, according to a relevant decree released on the official portal of legal information. The doctrine that was adopted in …
Clean oil had reached Russia's border station of Unecha near the Belarusian border by midday on Monday, a spokesman for Russian Deputy Prime Minister Dmitry Kozak, Ilya Dzhus, said. Earlier, Belarusian state …
The Russian government has banned exports of Russian oil and petroleum products to Ukraine, Russian Prime Minister Dmitry Medvedev said. "[The Russian government] bans exports of Russian oil and petroleum products …
The recovery of oil production in the framework of the OPEC + alliance after June is possible if there is unmet demand on the market, Russian Minister of Energy Alexander Novak told journalists on the sidelines of the International Arctic Forum …
After monitoring and analyzing the impact of a pilot project of introducing the excess-profits tax in the oil industry, the Russian Ministry of Energy may propose the final transition to the excess-profits tax in the oil industry, the Russian …
But without necessary measures, there might be a decline in the oil production sphere
Saudi Arabia and Russia are working on a historic long-term pact that could extend controls over world crude supplies by major exporters for many years, Reuters reported. Saudi Crown Prince Mohammed bin Salman said that …
OPEC pointed to continued high compliance by its members with the supply deal
Belarus is interested in developing oil and gas fields in Russia, Deputy Prime Minister of Belarus Vladimir Semashko said on Tuesday, TASS reports. "We are interested in a field to be offered by the Russian party …
Russian oil company Rosneft served notice that it would step up production if the agreement among major crude producers to curb output comes to a sudden end, Rosneft's chief executive, Igor Sechin, told the Financial …
Rosneft Chief Executive Officer Igor Sechin, speaking at the summit of the heads of energy companies within the framework of the St. Petersburg International Economic Forum, noted that the failure of all major oil-producing …
The Russian Government have not yet considered privatization of the entire oil sector in the coming years, Presidential spokesman Dmitry Peskov told reporters commenting on ex-Finance Minister Alexey Kudrin …
Russian oil companies have not requested subsidies in connection with the extended Organization of the Petroleum Exporting Countries' (OPEC) agreement to cut production, Russian Energy Minister Alexander Novak said. …
Russia is on board with production cuts as seasonal supply declines are nearing
The fact stands behind the recent slump in crude oil prices
OPEC isn't the most important player in the market any more
Russian Energy Minister Alexander Novak and Belarusian Deputy Prime Minister Vladimir Semashko have signed documents to settle disagreements in the oil and gas sphere, Russian Deputy Prime Minister …
Russia does not discuss the possibility of leaving oil output reduction deal with Organization of the Petroleum Exporting Countries (OPEC) and did not express dissatisfaction with its results, a source in the cartel said. "There …
Amid surging US shale
