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News on Energy
Russia suspends nuclear agreement, ends uranium research pact with United States

Russia said on Wednesday it was suspending its nuclear and energy research agreement with the United States as a countermeasure against Washington for imposing sanctions on Russia over Ukraine.

  • Date: 05.10.2016  |  Published on EGF: 05.10.2016  |  Energy  |  from http://www.reuters.com
Russia, bowing to budget pressures, revives oil firm sell-off

Russia said on Friday that it was resuming the shelved privatisation of oil firm Bashneft, in a sign of how anxious the Kremlin is to raise money to fill holes in the budget left by the economic slump.

  • Date: 03.10.2016  |  Published on EGF: 03.10.2016  |  Energy  |  from http://www.reuters.com
Russia, bowing to budget pressures, revives oil firm sell-off

Russia said on Friday that it was resuming the shelved privatisation of oil firm Bashneft, in a sign of how anxious the Kremlin is to raise money to fill holes in the budget left by the economic slump.

  • Date: 01.10.2016  |  Published on EGF: 01.10.2016  |  Energy  |  from http://www.reuters.com
Exclusive: Russian oil majors raise output of hard-to-recover crude

Russian oil majors Rosneft and Gazprom Neft are raising the share of production from hard-to-recover reserves, to counter declining conventional output, showing the complexities facing producer nations seeking to tackle a global oversupply of crude.

  • Date: 26.09.2016  |  Published on EGF: 26.09.2016  |  Energy  |  from http://www.reuters.com
No sign of oil freeze at home as Russia meets OPEC

As Russian energy minister Alexander Novak flies to Algeria this week for talks with OPEC on output cuts, developments at home indicate non-OPEC Russia is not preparing for any coordinated production action.

  • Date: 26.09.2016  |  Published on EGF: 26.09.2016  |  Energy  |  from http://www.reuters.com
Saudi Arabia, Russia sign oil pact, may limit output in future

Saudi Arabia and Russia agreed on Monday to cooperate in world oil markets, saying they will not act immediately but could limit output in the future, sending prices higher on hopes the two top oil producers would work together to tackle a global glut.

  • Date: 06.09.2016  |  Published on EGF: 06.09.2016  |  Energy  |  from http://www.reuters.com
Oil falls on strong dollar, crude glut; storms limit losses

Oil prices fell Tuesday, with Brent losing nearly 2 percent, as the dollar rallied and glut worries grew amid forecasts for higher U.S. crude stockpiles and Iran's remark that it was on target to reach peak production.

  • Date: 30.08.2016  |  Published on EGF: 30.08.2016  |  Energy  |  from http://www.reuters.com
Oil at five-week high as OPEC sources, Russia, talk of cooperation

Oil settled up nearly 2 percent on Tuesday, hitting five-week highs for a second straight day as sources at OPEC spoke of Saudi Arabia's apparent desire for higher crude prices while Russia met the producer group to discuss the market.

  • Date: 16.08.2016  |  Published on EGF: 16.08.2016  |  Energy  |  from http://www.reuters.com
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