In Russia, It Only Costs $2 to Produce a Barrel of Oil
According to Deputy Energy Minister Kirill Molodstov, the average cost to produce a barrel of...
BP 2035 Energy Outlook
“For those of you with children, I think of the LNG market like a toddler,...
Siberia for Sale
Rosneft will sell stakes in two oil and gas fields to Indian companies. Earlier, Russia...
Russia Begins Deepwater Drilling in Vietnam
Rosneft has started exploration drilling off the south coast of Vietnam, the company’s press service...
Oilman Aubrey McClendon Dies in Car Crash Day After Indictment
Aubrey McClendon, the billionaire largely credited for jump starting America’s fracking revolution, died in a...
What Happens if Venezuela Collapses?
Venezuela, the country home to the world’s largest oil reserves, will have to switch-off production....
Obama’s Oil Tax
US President Barack Obama is planning to propose a special $10 per barrel tax in...
Lukoil First Russian Oil Company to Enter Iran after Sanctions
Russia’s second-largest oil producer, Lukoil, has reportedly signed a $6 million contract on two exploration...
Russian Oil and Gas Trends to Watch in 2016
Energy giants in Russia will continue to feel the squeeze of low oil prices –...
8 Takeaways on Russian Oil and Gas from Putin’s Q&A marathon
Russian President Vladimir Putin held his annual end of the year press conference, fielding questions...