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Russia becomes Europe’s top LNG supplier in February

Russian deliveries of liquefied natural gas (LNG) to Europe have reached record levels in February taking the top spot among suppliers.

read more... 04/03/2019

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Russia overtakes Saudi Arabia as the world’s second largest oil producer but still lags behind the US

Russia outpaced Saudi Arabia in crude oil production, moving into second place after the USA, the world's largest oil producer, RIA Novosti reports.

read more... 20/02/2019

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Daily (19.02.2019): EU carbon prices declined by 2% on Monday, tracking bearish gas markets

Supply cuts led by the OPEC and Russia have boosted oil prices on Monday. However, gains were limited by the announcement of weak car sales data in China. Brent crude edged 0.4% higher at 66.50 USD/bbl, whereas WTI futures rose by 0.9% to 56.06 USD/bbl

read more... 19/02/2019

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Over 500 Agreements to be Signed at Russian Investment Forum

Over 500 agreements worth a total of 800 billion roubles are expected to be signed at the Russian Investment Forum 2019. This preliminary estimate is based on the information from the Forum participants and from open sources.

read more... 14/02/2019

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Germany set to build LNG terminals amid European gas battle

Germany will likely build 2 terminals to import LNG, Economy Minister Peter Altmaier said as Oilprice reported, in a move to appease the U.S. while Berlin also supports the Russia-led Nord Stream 2 gas pipeline, which has divided the EU member states in recent years.

read more... 14/02/2019

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