MOSCOW (Reuters) – Russian oil and gas condensate output increased to 9.8 million barrels per day (bpd) on Aug. 1-2 from 9.37 million bpd in July as the country eases production curbs under an OPEC+ deal, a source familiar with data said on Monday. The Energy ... More »
BAKU/DUBAI/LONDON (Reuters) – OPEC and allies led by Russia agreed on Sunday to a record cut in output to prop up oil prices amid the coronavirus pandemic in an unprecedented deal with fellow oil nations, including the United States, that could curb global oil... More »
MOSCOW (Reuters) – Twenty Gazprom workers, who were airlifted to hospital following a coronavirus scare last week, have been discharged after the tests came back negative, a Gazprom spokesman said on Monday. The workers were quarantined at Bovanenkovo gas fiel... More »
LONDON/MOSCOW (Reuters) – Russian oil producer Lukoil and Hungarian energy company MOL are set to sign a settlement deal over contaminated oil during Russian President Putin’s visit to Budapest this week, four industry sources told Reuters. A high level of org... More »
MOSCOW (Reuters) – Former Russian economy minister Alexei Ulyukayev was found guilty of soliciting a $2 million bribe from Rosneft (ROSN.MM) chief executive Igor Sechin and sentenced to eight years in jail on Friday. The high-profile court case shone a rare li... More »
A flag with the Organization of the Petroleum Exporting Countries (OPEC) logo is seen before a news conference at OPEC’s headquarters in Vienna, Austria December 10, 2016. REUTERS/Heinz-Peter Bader Goldman Sachs said the formal agreement by non-OPEC oil produc... More »
U.S. President Barack Obama talks with Russian President Vladimir Putin at the APEC Economic Leaders’ Meeting in Lima, Peru November 20, 2016. REUTERS/Kevin Lamarque U.S. President Barack Obama and his Russian counterpart Vladimir Putin spoke for around four m... More »
MOSCOW President Vladimir Putin has called for a meeting with top managers of Russia’s leading oil producers on Tuesday, which is is expected to be dominated by low oil prices and taxation, industry sources said on Monday. The Vedomosti business daily cited a ... More »
