Post Tagged with: "russia"

Source: Novatek

Russia Outpaced The U.S. In Supplying Europe with LNG In 2018

From Caspian News

While the United States is ramping up pressure on Europe to buy more American liquefied natural gas (LNG) instead of Russian natural gas, Russian deliveries of LNG to Europe are reportedly outstripping those from the United States …

April 4, 2019 - 9:01 am Closing Bell Story‎, Energy News, LNG
Source: Novatek

Russian Arctic LNG Champion Joins Majors Eyeing Foray Into Power

From Bloomberg

Novatek PJSC is looking at power generation to unlock demand for liquefied natural gas from its massive projects in Russia’s Arctic.

The developer of the Yamal LNG plant in Siberia is seeking to be on a par with …

April 1, 2019 - 4:11 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News
Khalid A. Al-Falih, Saudi Arabia’s minister of Energy, Industry & Mineral Resources speaks to reporters following the OPEC press conference Dec. 7, 2018.

OPEC Struggles to Keep Russia On Board with Oil Cut, May Offer Shorter Extension: Reuters

From Reuters

Saudi Arabia is having a hard time convincing Russia to stay much longer in an OPEC-led pact cutting oil supply, and Moscow may agree only to a three-month extension, three sources familiar with the matter said.

Russian Energy …

March 28, 2019 - 5:23 pm Closing Bell Story‎, Crude Oil News, Energy News, OPEC
Russian LNG Can Compete with North American Projects Despite Challenges: Shell

Russian LNG Can Compete with North American Projects Despite Challenges: Shell

From S&P Global Platts

Moscow — Russian LNG is well positioned to compete with North American projects to reach new markets in Asia and the Atlantic Basin despite the challenges, a Shell executive said Wednesday at the LNG Congress in …

March 22, 2019 - 5:22 am Closing Bell Story‎, Energy News, LNG, Trade
How a Russian Gas Pipeline Is Driving a Wedge Between the U.S. and Its Allies

How a Russian Gas Pipeline Is Driving a Wedge Between the U.S. and Its Allies

From The Wall Street Journal

Angela Merkel and her advisers, before a visit to the White House last spring, agreed on a priority: Avoid talk of Nord Stream 2. The German-Russian pipeline project had been a bone of contention between

Russia Comes to Maduro’s Rescue After U.S. Sanctions Hit

Russia Comes to Maduro’s Rescue After U.S. Sanctions Hit

From Bloomberg

Just as Venezuelan state-run oil company PDVSA was running out of an obscure product needed to thin out its crude and keep exports flowing in the wake of U.S. sanctions, Russia is coming to the rescue.

Rosneft Oil

March 5, 2019 - 3:59 pm Closing Bell Story‎, Crude Oil News, Energy News
EU Starts Natural Gas Price War that Trump and Putin Will Love

EU Starts Natural Gas Price War that Trump and Putin Will Love

Pipeline rules seen removing political risk in European prices

From Bloomberg

The stage has been set for a European natural gas price war that will help boost demand and enable both Russia and the U.S. to increase sales to the …

February 18, 2019 - 4:14 pm Closing Bell Story‎, Commodity Pricing, International, LNG
Source: http://www.gazprom.com/press/gallery/events/649250/

Russia’s Three-Decade Deal to Move Gas from Siberia to China will Start in Early Dec. 2019

Russia's Far East gas to start China deliveries by December...

February 18, 2019 - 8:49 am Closing Bell Story‎, Press Releases
OPEC Pursues Formal Pact With Russia

OPEC Pursues Formal Pact With Russia

From The Wall Street Journal

Saudi Arabia and its Persian Gulf allies are backing a formal partnership with a 10-nation group led by Russia to try to manage the global oil market, according to OPEC officials, in an alliance that …

February 5, 2019 - 4:49 pm Closing Bell Story‎, Crude Oil News, Energy News, OPEC
Russian oil output down in January, misses global deal target

Russian oil output down in January, misses global deal target

From Reuters

Russian oil output declined to 11.38 million barrels per day (bpd) in January, or by around 35,000 bpd from the October 2018 level, the baseline for the global oil accord, missing the deal’s target, Energy Ministry data showed …

February 4, 2019 - 4:59 pm Closing Bell Story‎, Crude Oil News, Energy News
Source: TASS

Russia Vows Full Support for Maduro as U.S. Sanctions Bite

From Bloomberg

Russia vowed to “do everything” to protect Venezuelan President Nicolas Maduro against U.S. efforts to oust him as the Trump administration ratcheted up economic pressure on the embattled Kremlin ally amid doubts about Moscow’s ability to shore up …

January 29, 2019 - 5:46 pm Closing Bell Story‎, Crude Oil News, Energy News
Russia Seals Position as Top Crude Oil Supplier to China, Holding Off Saudi Arabia

Russia Seals Position as Top Crude Oil Supplier to China, Holding Off Saudi Arabia

From Reuters

Russia came in as China’s largest crude oil supplier in December, cementing the top spot for all of 2018 for a third year in a row ahead of rival Saudi Arabia, customs data showed on Friday.

Imports from …

January 25, 2019 - 4:26 pm Closing Bell Story‎, Crude Oil News, Energy News
Russia Says Oil Price War with U.S. Would Be Too Costly

Russia Says Oil Price War with U.S. Would Be Too Costly

From Reuters

Russia should not unleash an oil price war against the United States but rather stick with output cuts even at the cost of losing market share in the medium term, one of the main Russian architects of a …

January 23, 2019 - 12:30 pm Closing Bell Story‎, Crude Oil News, Energy News
Source: Gazprom. LNG Tanker

Russia Eyes Island Storage for Arctic LNG Amid China Demand Boom

From Bloomberg

Russia’s Novatek PJSC is looking at storing liquefied natural gas produced in the Arctic on Japan’s southern island of Kyushu so it can better meet spot demand from China and cut shipping costs.

Saibu Gas Co., which last …

January 16, 2019 - 4:46 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News
Norway Ready to Claim Share of Any Russian Arctic Oil and Gas Finds

Norway Ready to Claim Share of Any Russian Arctic Oil and Gas Finds

From Reuters

Norway will step up preparations to claim its share of oil and gas resources if Russia finds petroleum on its side of a border in the Barents Sea, the head of Norwegian Petroleum Directorate (NPD) said on Thursday.…

January 11, 2019 - 12:18 pm Closing Bell Story‎, Energy News, Offshore
Source: Gazprom; Nord Stream pipe

Germany Wobbles on Russian Gas Pipeline as Trump Pressure Starts to Bite

From Bloomberg

Support in German Chancellor Angela Merkel’s coalition for a major new Russian gas pipeline is slipping as frustration with the Kremlin’s brinkmanship grows and pressure from U.S. President Donald Trump starts to bite.

Nord Stream 2, an $11 …

January 8, 2019 - 2:58 pm Closing Bell Story‎, Energy News, Natural Gas News
Oil & Gas 360 - France’s Total and Sempra Energy Sign North America LNG Deal

Why the U.S. Imports LNG from Russia and Nigeria Despite Its Gas-Export Boom

From Bloomberg

More than a decade in and the U.S. shale boom keeps breaking output records, with fields from Pennsylvania to Texas producing more natural gas than the country needs. That has triggered billions of dollars of investments to ship …

January 3, 2019 - 12:27 pm Closing Bell Story‎, Energy News, LNG
Source: Bashneft

OPEC+ Caps Prove No Barrier to Record Russian Oil Output in 2018

From Bloomberg

Russia’s oil production reached a post-Soviet high last year even as it coordinated supply with the Organization of Petroleum Exporting Countries.

Output averaged 11.16 million barrels a day, up 1.6 percent from 2017, according to preliminary data from …

January 2, 2019 - 12:34 pm Closing Bell Story‎, Crude Oil News, Energy News
Calfrac Announces 2019 Capital Program

Calfrac Announces 2019 Capital Program

Calgary-based Calfrac Well Services Ltd. (stock ticker: CFW) provided details today on its 2019 capital program:

Approximately $149 million will be spent, including $126 million of maintenance capital
$11 million of refurbishment capital and $12 million related to corporate initiatives

December 6, 2018 - 2:33 pm Canada, Closing Bell Story‎, Oilfield Services
OPEC-Russia Inch Toward Output Cuts, How Far Will They Go?

OPEC-Russia Inch Toward Output Cuts, How Far Will They Go?

From Bloomberg

OPEC and its allies gather in Vienna this week to discuss production cuts after the biggest monthly drop in oil prices in a decade.

They have the broad outlines of a deal after Russia and Saudi Arabia agreed …

December 4, 2018 - 1:03 pm Closing Bell Story‎, Crude Oil News, Energy News, OPEC
OPEC: Too Close to Call - Oil & Gas 360

Russia’s Putin Agrees With Saudis to Renew OPEC Pact

From The Wall Street Journal

Russia and Saudi Arabia have agreed to extend OPEC’s efforts to stabilize oil markets, Russian President Vladimir Putin said over the weekend, as the broader coalition of producers inches closer to a deal this week.…

December 3, 2018 - 12:26 pm Closing Bell Story‎, Crude Oil News, Energy News, OPEC
Saudi Arabia Faces a Dramatic Choice at OPEC

Saudi Arabia Faces a Dramatic Choice at OPEC

From Bloomberg

  • Saudi-Russia meeting at G20 likely to determine OPEC outcome
  • WTI crude plunged below $50 a barrel for first time in a year

 

The choice facing Saudi Arabia at next week’s OPEC meeting is dramatic: cut oil production …

November 30, 2018 - 11:50 am Closing Bell Story‎, Energy News, International, OPEC
Russia Flexes Muscles as Natural Gas Industry Booms

Russia Flexes Muscles as Natural Gas Industry Booms

From The Wall Street Journal

Russia is expanding its foothold in the fast-growing natural gas market despite Western efforts to limit Moscow’s energy influence.

Directly squaring off against U.S. shale exporters, Russia has emerged this year as a major player …

November 26, 2018 - 3:15 pm Closing Bell Story‎, Energy News, Natural Gas News
U.S. Becomes World Energy Leader, Surpassing 11 Million Barrels of Oil per Day

U.S. Becomes World Energy Leader, Surpassing 11 Million Barrels of Oil per Day

The rapid growth of oil production from shale combined with returning GOM production have succeeded in making the United States the leading crude oil producer in the world.

The U.S. set a new record for daily oil production at 11.3

November 1, 2018 - 2:05 pm Closing Bell Story‎, Industry Insights, International
Source: Gazprom; Nord Stream pipe

US LNG ‘Cannot Compete Under Any Circumstances’ with Russia’s Piped Gas – Professor

From Reuters/SputnikNews

U.S. Senators Chris Murphy and Ron Johnson introduced a bill aimed at combating what they called “malign Russian influence” in the EU and ensure European energy security. Speaking to Radio Sputnik, Dr. Mamdouh Salameh, international oil economist and …

October 12, 2018 - 11:31 am Closing Bell Story‎, Energy News, LNG
Source: Novatek

Russia Paying a Cost to be an LNG Boss

From Petroleum Planet/Alaska Journal of Commerce

Russia started as a bit player on the liquefied natural gas stage less than a decade ago but is not content in that role and wants to share top billing.

In 2009, when Russia’s …

August 31, 2018 - 1:10 pm Closing Bell Story‎, Energy News, LNG
Russian Analyst Belittles American LNG Potential in a ‘Gas War’ Over Europe

Russian Analyst Belittles American LNG Potential in a ‘Gas War’ Over Europe

From Polygraph

“As of today, the number of all liquefied natural gas plants in the United States is precisely…one. It’s located in the state of Louisiana, its name is Sabine Pass and the American company ExxonMobil is a shareholder.”

FALSE…

August 29, 2018 - 2:19 pm Closing Bell Story‎, Energy News, LNG
Source: Novatek

Russian Icebreaking LNG Carrier Sets Record Gas Delivery to China: 7 Days and Change

First vessel in a series of 15 icebreaking LNG carriers on order can sail independently through ice of up to 2.1 meters thick

From MarineLog

Christophe de Margerie, the icebreaking LNG carrier owned and operated by Russia’s Sovcomflot (SCF Group), …

August 3, 2018 - 12:02 pm Closing Bell Story‎, Energy News, LNG
5 Main Competitors to U.S. LNG Dominance

5 Main Competitors to U.S. LNG Dominance

From E&E News

The United States is rapidly increasing its exports of liquefied natural gas. But it isn’t the only nation doing so or that has plans to do so.

The addition of the Cove Point LNG plant in Maryland …

July 20, 2018 - 12:15 pm Closing Bell Story‎, Energy News, LNG
Ukraine

Gas Talks to Continue with Ukraine and EU: Russian Energy Minister Novak

From Reuters

Russian Energy Minister Alexander Novak said on Tuesday that three-way talks with Ukraine and the European Union would continue in the autumn, after he met representatives from Kiev and the European Commission in Berlin.

He also reiterated a …