Russia – Page 2

Global Markets: OPEC no longer primary decision-making forum

Posted on August 8, 2018August 9, 2018 by Mozambique Resources Post

Reuters argues that oil policy is now being driven by Saudi Arabia and Russia, and OPEC, as we have known, is obsolete.

Global Oil & Gas: Iran Looks To Veto Saudi, Russian Oil Production Proposal

Posted on June 19, 2018 by Mozambique Resources Post

In the latest signal that the upcoming OPEC+ meeting in Vienna could end in disaster, Iran’s OPEC representative said the country will veto any proposal for a production increase with the support of Venezuela and Iraq.

Africa Energy: “South Africa and Russia Nuclear agreement over” – Energy Minister

Posted on June 8, 2018June 8, 2018 by Mozambique Resources Post

Minister of Energy Jeff Radebe told eNCA on Sunday evening that South Africa no longer had an agreement with the Russians to procure for the development of nuclear energy for the country.

Global Markets: “Russia Quickly Recovering Output Once OPEC Deal Curbs Eased” – Analyst

Posted on June 5, 2018 by Mozambique Resources Post

Russia’s largest oil producer Rosneft has been able to recover its oil production of 70,000 barrels per day (bpd) in just two days, as it tested the possibility of global output curbs easing, Renaissance Capital wrote in a client note.

Global Markets: OPEC and Russia could raise production

Posted on May 28, 2018 by Mozambique Resources Post

Saudi Arabia and Russia are in discussions about raising their production limits, perhaps adding as much as 1 million barrels per day to the market. The group could announce a change in Vienna next month.

Global Oil & Gas: Trump on the LNG Offensive

Posted on April 30, 2018 by Mozambique Resources Post

The idea that the US can export LNG to Europe at the expense of Russian pipeline exports appears to be too alluring for senior US officials to drop, fallacious though the notion of such a proxy war with gas is.

Mozambique Oil & Gas: Russia’s Rosneft hopes to begin gas exploration soon

Posted on March 9, 2018 by Mozambique Resources Post

Russian Foreign Minister Serguei Lavrov has disclosed that the Russian company, Rosneft, one of the largest oil and gas companies in the world, hopes to begin exploring for natural gas off the central and northern Mozambican coast in the near future.

Global Oil & Gas: The Mysterious Chinese Company Looking To Buy Rosneft

Posted on March 9, 2018 by Mozambique Resources Post

When a little-known private Chinese company said in September 2017 that it would be buying 14 percent in Rosneft, many analysts were wondering how an obscure fuel trading company rose to such prominence as to become a major global M&A player to the point of agreeing to pay as much as US$9 billion for the stake in Russia’s oil giant.

Global Oil & Gas: Government Instability in Several Oil, Gas Producing Countries Set to Rise

Posted on February 28, 2018February 28, 2018 by Mozambique Resources Post

Government instability is set to rise over the next three years in oil and gas producing countries including Russia, Kazakhstan, Egypt, Kenya and Uganda, which could impact the upstream projects of major energy companies, a new report from global risk analysis company Verisk Maplecroft has revealed.

Africa Oil & Gas: Angola is second largest oil supplier to China in January

Posted on February 27, 2018 by Mozambique Resources Post

Russia and Angola were the two main oil suppliers to China in January, placing more than 10 million tons of a total of 40 million tons of oil imported into the country, according to Chinese customs figures quoted by Bloomberg.

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