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Russia Lacks Swing Producer Flexibility, Slow to Revive Oil Output

2021-03-12 14:59:45| OGI

Based on this months deal of the OPEC+ group, Russia is allowed to increase its output by 130,000 bbl/d in April.

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ROSATOM subsidiary acquires 49% stake in Korean battery maker Enertech; planning gigafactory in Russia

2021-03-12 10:55:34| Green Car Congress

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Russia, Saudi Arabia At Odds over Oil Cuts Ahead of OPEC+ Meeting: Reports

2021-02-22 19:00:00| OGI

Key questions for the OPEC+ meeting will be whether Saudi Arabia rolls back its voluntary cut of 1 million bbl/d and whether there is room for an additional increase in supply from the whole oil producer group.

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Russia Makes Progress On Shale Oil Output But Hurdles Remain

2021-02-18 15:09:24| OGI

Gazprom Neft estimates that the reserves of the light, low-sulphur and low-viscosity Bazhenov formation stand at between 18 billion and 60 billion tonnes.

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Russia Sees Up to 6 Million Barrels Per Day in Additional Oil Demand for 2021

2020-12-28 15:10:00| OGI

Russian Deputy Prime Minister Alexander Novak said that if global oil demand recovers faster than expected, the time frame of the OPEC+ agreement to curb oil production could be adjusted.

Tags: day additional million oil

 

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