Russia Deputy Minister Says Global Oil Market Could Balance Out in a Year
The global market may need a year or more to balance out in case of a decline in oil supply,...
Energy
Gazprom Isolates 20 Workers in Arctic Plant over Coronavirus Risk
Twenty employees of Russian energy giant Gazprom who had contact with a man infected with the coronavirus were isolated at...
Russian Banks’ Credit Rating to Suffer Amid Oil Price Turbulence: Moody’s
The ongoing turmoil in global oil markets is credit negative for banks in the oil-exporting countries of the Commonwealth of...
Gazprom Neft Focuses on Arctic Projects, Plans New Yamal Gas Plant
The oil arm of Russian energy giant Gazprom, Gazprom Neft, plans to raise oil production at its Arctic projects this...
Rosneft Boss Sechin Says Russia Was Right to Leave OPEC+ Deal
Igor Sechin, the powerful head of Russia's largest oil company, Rosneft, has downplayed the disagreement with Saudi Arabia that led...
Russia Settles Oil Dispute With Belarus as Global Price War Rages On
A months-long oil supply dispute with Belarus has been settled, according to a report by Reuters, while officially, Russian Prime...