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Articles with tag "Oil"
TURNING ON THE TAPS
Russia To Raise Oil Production Under New OPEC+ Deal
Oil prices jump as Russia secures deal to increase production in February.
News Wrap
News From Russia: What You Missed Over the Weekend
Frozen pipes. Metro women. Oil slump.
ARCTIC PLANS
Russia’s Rosneft Announces Start of Vast Arctic Oil Project
Russia's Arctic energy plans have been criticized by environmentalists.
'growing divide'
U.S., European Oil Majors Could Create Supply Crisis With Renewables Push – Russia’s Rosneft
Rosneft first vice president Didier Casimiro reportedly called the commitment to renewables an “existential threat.”
special souvenir
Rosneft Head Gifts Putin With Bottle of Arctic Oil
Simply fabulous quality, Rosneft leader Igor Sechin says as he gives the president a bottle of oil from his new Arctic project.
CORONAVIRUS RECESSION
OPEC+ Deal Weighs on Russia’s Economic Recovery
Industrial production drops on oil cuts as lockdown restrictions lifted.
threats from abroad
Foreign Adversaries Could Use Tundra Oil Spill to Discredit Russia, Security Chief Warns
Security Council Secretary Nikolai Patrushev accused Western powers of seeking to destabilize Russia.
negligence charges
Russian Mayor Charged Over Failure to Contain Arctic Spill
Norilsk Mayor Rinat Akhmetchin faces up to six months in prison if convicted.
CLIMATE CRISIS
In Siberian Fuel Spill, Climate Change Is Seen as Major Factor
Russia’s weather and environment service warned of the risks of melting permafrost as early as 2017.
DIVID-END
Russian Oil Major Scraps Dividend as Industry Reels From Oil Price Crash
Tatneft’s decision could be bellwether as industry braces for $10 billion hit to earnings.
OIL CRASH
Explainer: What Happened to Oil Prices and What Does it Mean for Russia?
Oil prices in the U.S. went negative for the first time in history. Should Russia be worried?
DAMAGE LIMITATION
OPEC+ Deal Will Help Russia Avoid ‘Market Chaos,’ But Provides Little Support to Embattled Economy
The production cut will support oil prices and avoid a further ruble crash while the wider economic damage from coronavirus continues to build.
news
Markets Uninspired by ‘Historic’ Russia-Saudi Oil Deal
Analysts say cuts to supply do not match the crash in demand.
OPEC+ 2.0
Putin Says Russia Ready to Cooperate on Cutting Oil Production
The world's biggest oil producers will discuss a record round of production cuts by video conference Monday.
price wars
Trump Says Expects Russians, Saudis to Cut 10M Barrels Oil
The Kremlin denied that Putin spoke with the Saudi crown prince.
CORONAVIRUS FALLOUT
Russia Props Up Ruble, Oil Producers
The Central Bank will increase sales of foreign currency reserves and compensate oil producers.
opinion
Andrey Movchan
War With OPEC Can’t End Well for Russia
Falling oil prices leave no chance Russia’s GDP will grow in 2020 — a bleak prospect for both ordinary people and once optimistic investors.
opinion
Chris Weafer of Macro-Advisory for bne IntelliNews
Oil War: Who Will Blink First?
The closing shoot-out scene of the spaghetti western “The Good, The Bad, and The Ugly” comes to mind.
MARKET PANIC
Russian Stock Market Plunges, Oil Shares Hit Hard
Shares fall 10% following global ‘Black Monday’ on financial markets.
DOWN, DOWN, DOWN
Russian Ruble Plummets Amid Oil Market Chaos
The ruble hit a four-year low against the U.S. dollar as oil prices crashed 30% overnight.
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