LogIn LogOut

Russia News

 

Gazprom Aims to Increase Gas Supplies to China

Jul 14, 2020

Russia's Gazprom is committed to supply as much as 130 billion cubic meters of gas (bcm) to China annually in the longer term, a company official told a conference call on Tuesday.Gazprom currently supplies gas to China via the Power of Siberia…

Gazprom Starts Construction of Arctic Offshore Platform

Jun 26, 2020

Construction of Gazprom's ice-resistant offshore production platform for the development of the Kamennomysskoye-Sea field began Thursday at the shipyard of Southern Shipbuilding and Repair Center (part of United Shipbuilding Corporation) in the Astrakhan Region…

Russia Extends Sakhalin Energy Oil and Gas Licenses for 5 Years

Jun 18, 2020

Sakhalin Energy, the international operator of a pioneering liquefied natural gas (LNG) plant in eastern Russia, said on Thursday authorities have extended its oil and gas production licences, which were due to expire in 2021, for five years…

Russia: Maintenance Work Kicks Off at Sakhalin-2 Project

Jun 15, 2020

Russia's Sakhalin-2 liquefied natural gas (LNG) plant has started maintenance work set to last for just over a month at one of the plant's two lines, the company said on Monday.Sakhalin Energy had originally planned for work to be done on both lines at the same time…

Ampelmann's Gangway for New Ice-Breaking W2W Vessel

Jun 11, 2020

Dutch offshore crew transfer specialist Ampelmann will deliver an ice-strengthened gangway for the recently ordered, Russia-bound, shallow draft ice-breaking walk to work vessel.As previously reported, Dutch shipbuilder Niestern Sander, with compatriot vessel-owner Wagenborg Offshore…

Oil Prices Rise on OPEC+ Cuts. Brent at $42,8

Jun 08, 2020

Oil climbed on Monday after major producers agreed to extend a deal on record output cuts to the end of July and as China's crude imports hit an all-time high in May.Brent crude was up 51 cents, or 1.2%, at $42.81 per barrel, by 0628 GMT, while U…

Saudi Arabia, Russia Reach Deal on Oil Output Cut Extension

Jun 03, 2020

OPEC leader Saudi Arabia and non-OPEC Russia have agreed a preliminary deal to extend existing record oil production cuts by one month while raising pressure on countries with poor compliance to deepen their output cuts, OPEC+ sources told Reuters…

Oil Gains, with Brent above $40

Jun 03, 2020

Oil rose on Wednesday, with Brent above $40 for the first time since March, as optimism mounted that major producers will extend output cuts and a recovery from the coronavirus pandemic will spur fuel demand.Brent crude futures for August were up 78 cents…

Oil Prices Rise Ahead of OPEC+ Meeting on Further Output Cuts

Jun 02, 2020

Oil prices rose on Tuesday, with traders waiting to see whether major producers agree to extend their huge output cuts to shore up prices at a virtual meeting expected later this week.Brent crude futures rose 0.91%, or 35 cents, to $38.67 a barrel as of 0427 GMT…

Mammoet Lands its ‘Biggest Ever’ Contract at Arctic LNG 2 Project

May 25, 2020

Dutch heavy lift and transportation company Mammoet has said it has won its largest-ever contract at the Arctic LNG 2 project in Russia.Mammoet said Monday the contract was awarded by Technip-led joint venture NovArctic in cooperation with Saipem and NIPIgas…

Rosneft Re-appoints Sechin as CEO

May 22, 2020

Russian energy giant Rosneft on Friday re-appointed Chief Executive Igor Sechin, an ally of President Vladimir Putin, for another five years.Sechin, who turns 60 in September, turned the company into one of the world's top oil players and earned the accolade of oil tsar…

Brent Hits One-month High, U.S. Oil Tops $32 as Lockdowns Ease

May 18, 2020

Oil prices jumped on Monday, with benchmark Brent hitting a one-month high and U.S. crude topping $30, supported by optimism about the reopening of economies and output cuts by major producers. Brent crude was up $2.32, or 7.1%, at $34.82 a barrel by 1344 GMT…

Sechin to Stay at Rosneft's Helm for 5 More Years - Vedomosti

May 14, 2020

The Russian government has extended a contract for Igor Sechin, a close ally of President Vladimir Putin, to stay as the chief executive officer of giant oil producer Rosneft for five more years, Vedomosti daily reported on Wednesday.The daily…

Exxon Cutting Costs at Russia's Sakhalin-1 Project

May 08, 2020

Exxon Neftegaz Ltd (ENL) is adjusting the schedule and scope of some of its activities at the Sakhalin-1 oil and gas project in far eastern Russia as it moves to cut spending in response to the coronavirus crisis and weak oil prices, it said on Friday…

Staff from Coronavirus-hit Russian Novatek Site to Live on Cruise Ship

May 07, 2020

A cruise ship has arrived in Russia's northwesterly Murmansk region to accommodate healthy staff from a construction site run by the gas company Novatek, one of Russia's coronavirus hotspots, a local crisis center said.Novatek, one of the world's top liquefied natural gas (LNG) companies…

Current News

CNOOC’s Ultra-Deep Well in Bohai Bay Outperforms Target

CNOOC’s Ultra-Deep Well in Bohai Bay Outperforms Target

LNG Exports from Russia's Yamal LNG Slowing

LNG Exports from Russia's Yamal LNG Slowing

ADIPEC Technical Conference Receives Record-breaking 5,977 Submissions

ADIPEC Technical Conference Receives Record-breaking 5,977 Submissions

FPSO Newbuild for Petrobras’ Búzios Field Taking Shape in China

FPSO Newbuild for Petrobras’ Búzios Field Taking Shape in China

CIMC to Supply Hulls for Two FPSOs Being Built by Seatrium for Petrobras

CIMC to Supply Hulls for Two FPSOs Being Built by Seatrium for Petrobras

Woodside and Taiwan’s CPC Ink Long-Term LNG Supply Deal

Woodside and Taiwan’s CPC Ink Long-Term LNG Supply Deal

Russian Oil Freight Rates Fall to Lowest Since 2022

Russian Oil Freight Rates Fall to Lowest Since 2022

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com