Escalating Moscow-Western tensions speed up Russia’s energy pivot to China
The Ukraine crisis has pushed Moscow and Beijing closer together as Russia and China jointly push back against US dominance.
Siberia
Equinor and Rosneft greenlight Siberian oil and gas field
Equinor and Rosneft have sanctioned a full development of the North Komosomolskoye field in Russia.
Oil holds close to $64 as OPEC reportedly agree to nine-month extension
Brent held near $64 after OPEC agreed to extend production curbs to the end of next year, giving the market what it expected.
VIDEO: Aberdeenshire couple complete Mongol Rally in electric car
Adventurer Chris Ramsey and his wife Julie completed a world first by competing against hundreds of other petrol or diesel powered vehicles.
Siberian oil field that bankrolled Soviets could pay out once more
Russia’s largest oil field, so far past its prime that it now pumps almost 20 times more water than crude, could be on the verge of gushing profits again for Rosneft.
Exillon production figures down in December
Exillon Energy, the oil producer with assets in the Timan-Pechora and West Siberia regions of Russia, said average unaudited daily production was 15,298 barrels of oil per day in December, down slightly from 15,461 bopd in November.
BP joins Rosneft for Russian gas field development
BP has secured a 20% share of an Eastern Siberian gas field joint venture with Rosneft.
Oil workers killed as helicopter crashes in Siberia
A Russian helicopter carrying oil workers has crashed in eastern Siberia, killing 10 of the 25 people on board, officials said.
Second stage of Siberian gas field begins
The SeverEnergia joint venture involving Russian company Novatek and state-run Gazprom Neft has launched the second stage of the Urengoyskoye field. It lies within the Samburgskiy area and includes the second train of the gas condensate de-ethanization unit.