Map: Russia eyes Antarctic oil potential, despite exploration ban
A Russian move to size up offshore oil and gas potential in the Antarctic may not signal the start of a rush to develop the world’s last great wilderness, but it does threaten to unravel a fragile...
View ArticleEurope’s largest gas field is winding down, but market has plenty of...
The Netherlands’ Groningen field is entering its final chapter as a major supplier of natural gas to the continent. In 2022, eight years earlier than originally planned, output from Europe’s largest...
View ArticleWhy Saudi Arabia’s oil price war is doomed to fail: Fuel for Thought
Oil price wars rarely achieve their objectives. Saudi Arabia and Russia racing to out-pump each other is unlikely to be any different. Instead of declaring a victory in seizing market share back from...
View ArticleRussia’s hydrogen bet sets up contest with Australia for Japanese market
Russia is all set to gain a foothold in the global hydrogen sector in what looks like a bid to be a key supplier for Japan, which has ambitious targets for adoption of the fuel by 2050. Japan’s plans...
View ArticleInsight from Moscow: Are Russia’s war chest and fiscal setup enough to combat...
The first few months of 2020 saw major changes to Russia’s political and energy landscape, as President Vladimir Putin proposed amendments to the constitution, the country’s crude production agreement...
View ArticleCommodity Tracker: 6 charts to watch this week
A revived agreement from OPEC+ on oil production cuts, China’s gradual restart after lockdown, and power markets in the doldrums are illustrated in charts picked by S&P Global Platts editors, in...
View ArticleInsight from Moscow: Russia crude output forecasts slashed on coronavirus,...
Russia agreed to take unprecedented volumes of crude off the market under a new OPEC+ agreement in April, in response to dire crude demand forecasts and storage concerns. Russia has signed up to cut...
View ArticleInsight from Moscow: Russia strengthens African ties in energy and raw materials
In recent years Russia has moved to expand its role in African commodities industries, aiming to build on a legacy of Soviet influence to gain greater access to the continent’s natural resources....
View ArticleDespite renewed rhetoric, a ‘Gaspec’ cartel still faces big challenges
As gas producers worldwide struggle to deal with low prices and weak demand, the idea of market management, OPEC-style, has reared its head again. Recent comments by Yury Sentyurin, head of the Gas...
View ArticleInsight from Moscow: Russian Arctic oil and gas development continues despite...
In early June, coverage of the environmental damage caused by a major gasoil leak at a facility owned by Nornickel in Russia’s Arctic region shocked both domestic and international audiences. Russian...
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