Russia ///

Trump's shot at Russian pipeline shows fight for market share

President Donald Trump’s threat to sanction Russia’s controversial new natural gas pipeline into Europe is an indication that competition to supply the fuel is heating up.

Trump says he’s considering sanctions to block Nord Stream 2

President Donald Trump said Wednesday he’s considering using U.S. sanctions to stop construction of the Nord Stream 2 gas pipeline between Russia and Germany.

Goldman sees hard path to OPEC+ extension for Russia, Saudis

Uncertainty over oil supply and demand fundamentals is making it tougher for Russia and Saudi Arabia to reconcile their differences for an extension of the output cut in the second half.

Russia may be testing U.S. gas nerve with Europe push, Citi says

Russia’s strong natural gas shipments to Europe may be an attempt to test the resilience of U.S. exporters, according to Citigroup Inc.

Regional report: Russia

Mike Slaton, Contributing Editor

Between rocks and hard places

Technology center to be established for developing Achimovsky-strata oil deposits in Russia

Gazprom Neft and the Government of the Yamalo-Nenets Autonomous Okrug are to expand their cooperation in developing viable technologies for exploiting Achimovsky-strata oil deposits.

Gazprom Neft, Repsol and Shell to develop major exploration cluster on Gydan Peninsula

Gazprom Neft, Repsol and Shell have signed a memorandum of understanding at this year’s St. Petersburg International Economic Forum, establishing a JV to develop the Leskinsky and Pukhutsyayakhsky license blocks on the Gydan Peninsula.

Saudis optimistic about OPEC+ cut extension after talks with Russia

Saudi Arabia’s top oil official said he was sure that OPEC+ will extend production cuts into the second half of the year after holding talks with Russia.

Gazprom, Shell meet to review progress of Nord Stream 2, Sakhalin II projects

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ben van Beurden, CEO of Royal Dutch Shell, took place today at the St. Petersburg International Economic Forum 2019.

Putin highlights differences with Saudis as OPEC+ decision looms

One year ago, Saudi Arabia and Russia reached an agreement that set a new direction for the oil market.

NOVATEK creates JV in China with Sinopec and Gazprombank

During the official visit of the President of the People’s Republic of China Xi Jinping to the Russian Federation, PAO NOVATEK, Sinopec and Gazprombank signed Heads of Agreement on establishing a joint venture to market LNG and natural gas to end-customers in the People’s Republic of China.

Rosneft launches second field in Erginsky cluster

Rosneft has put into commission West Erginskoye field as part of the Erginsky cluster.

Gazprom shares soar amid anticipated management changes

Gazprom PJSC surged to a decade-high in Moscow trading on speculation the world’s largest natural-gas exporter will make more changes to senior management.

Russia meets its OPEC+ target in May amid dirty oil crisis

Russia’s average daily oil output in May fell below its OPEC+ target for the first time this year after buyers refused to take exports because of contamination.

Turkey mulls deployment of Russian missile near gas exploration zone

Turkey is considering deploying a Russian missile-defense system along the country’s southern coast, near where its warships are accompanying vessels exploring for energy, according to four people with knowledge of the deliberations.

Russia, Poland set goal to restart oil pipeline as tensions linger

Although compensation for damage caused during a contamination crisis remains a sticking point, Russia and Poland said flows of clean oil through the giant Druzhba pipeline into Europe could resume within 2 1/2 weeks.

Russia's open to relaxing OPEC+ cuts as Saudis urge restraint

From easing the limits to ending the extreme throttling-back that has seen some countries exceed original cutback targets, Russia sees a range of options that would allow OPEC+ to continue output cooperation until year-end.

Russia's Energy Minister Novak says too soon to discuss oil-cut options

Oil producers meeting in Saudi Arabia, must assess the situation in the market before considering possible action such as extending output cuts, Russia’s Energy Minister Alexander Novak told reporters in the Red Sea city.

How one village on the Volga sowed chaos in Europe's oil market

Residents of Nikolayevka haven’t had much to gossip about since the owner of the vodka museum over on People’s Friendship Street died, forcing the closure of the only tourist attraction in town.

Lukoil drills record breaking wells at D41 in the Baltic Sea

Lukoil commenced commercial operation of two wells at D41 offshore field in the Baltic Sea. Construction of one of the wells finished on Feb. 6, 2019, the other was completed on May 7, 2019.