Russia ///

Russia-Saudi plans for super-OPEC could reshape global oil order

When the group overseeing the so-called OPEC+ deal met last night, proceedings were dominated by two nations: Saudi Arabia and Russia. It was probably a snapshot of the oil market’s future.

Pioneer sees oil at $100 if there's no supply boost

OPEC ministers have arrived in Vienna for one of the cartel’s most contentious meetings in years as Iran opposes proposals to boost production.

OPEC aims for modest output hike to overcome Iran's dissent

OPEC is discussing a production increase before its meeting in Vienna in an attempt to bridge the gap between Russia’s push for a big rise and Iran’s insistence that no change is needed.

Rosneft says it is "comfortable" with $70-$80 oil

Rosneft PJSC’s said crude at $70 to 80/bbl was a “comfortable level” and expressed satisfaction with the results of Russia’s joint supply cuts with OPEC, just a week before talks that could phase them out.

Lukoil commissions third well at Vladimir Filanovsky field

Lukoil completed the construction and commissioned the third well at the second development stage of Vladimir Filanovsky field in the Caspian Sea.

Saudis are said to float range of ideas for higher OPEC output

Saudi Arabia has proposed several crude output hike plans to OPEC members, including one with a two-step increase, as the kingdom seeks ways to narrow differences with Russia and the rest of the cartel.

Russia is said to seek full cuts rollback for most of OPEC

Russia plans to propose that OPEC and its allies be allowed to return production to October 2016 levels, rolling back most of their output cuts within three months.

Oil slips on signs Russia boosted crude output before OPEC meets

Oil extended declines as Russia was said to increase output before it meets with OPEC, adding to signs that a global coalition of producers is unwinding a pact to restrain supply.

Oil slides as U.S. is said to ask OPEC for supply increase

London (Bloomberg) -- Crude declined after the U.S. government was said to have asked Saudi Arabia and other OPEC producers to raise oil supply.

As Trump riles Europe on trade, Putin offers more natural gas

As Donald Trump’s trade policy risks worsening economic conflict with the European Union, Russia’s Vladimir Putin is strengthening ties with the region.

Gazprom Neft, Skolkovo to establish digital lab for modeling of multi-phase systems

The Science and Technology Center of Gazprom Neft and the Skolkovo Institute of Science and Technology signed a collaboration agreement at the Skolkovo Startup Village — the largest startup-conference in Russia and CIS for technology entrepreneurs. The parties have agreed on the further development of joint research and innovation/entrepreneurship activity.

Rosneft testing oil production increase ahead of OPEC talks

Russia’s largest oil company is testing its capacity to bring back production it cut under a deal between Moscow and OPEC, telling investors it boosted output this week by about 70,000 bpd.

Gazprom profit jumps after gas shipments to Europe surge

Gazprom’s profit jumped to the highest in three years as natural gas sales to Europe surged.

Gazprom Neft reports first-quarter net profit growth of 12% year-on-year

Gazprom Neft’s revenue in the first three months of 2018 grew by 14.5% year-on-year, to RUB 520.6 billion. Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) increased by 32.3% year-on-year, to RUB 155.8 billion.

Crude drops after Saudi-Russia output revival plan rattles traders

Oil headed for its longest run of losses since February after Saudi Arabia and Russia proposed raising production later this year.

Russia loses its edge as oil drop spurs worst ETF flows in year

Sliding oil prices are eroding the buffers that helped Russia withstand the emerging-market retreat.

Saudi-Russia policy shift sets stage for tense OPEC meeting

When Saudi Arabia and Russia announced a new policy to revive oil production last week, one thing was missing: most of the other partners in their grand coalition.

Lukoil, Gazprom agree to jointly develop two fields in Nenets Autonomous District

President of PJSC "Lukoil" Vagit Alekperov and Chairman of the Management Committee of PJSC "Gazprom" Alexey Miller have signed an Agreement of Intent at the Saint-Petersburg International Economic Forum.

Russia tightens grip on Europe's gas supply with Gazprom deal

Russia’s natural gas export monopoly is set to expand its position as the dominant fuel supplier to Europe after a deal between the two resolved a seven-year-old anti-trust dispute.

Total takes 10% stake in Russia's Arctic LNG 2 from Novatek

Total SA will take 10% stake in a multi-billion-dollar liquefied natural gas project in Russia’s frozen north from Novatek PJSC.