Page 7 - Russia Oil Production
Exxon Mobil faces new pressure over dealings with Russia's Rosneft
Exxon holds a 30% stake, alongside Rosneft, Japan's SODECO and India's ONGC Videsh, in Sakhalin Island oil and gas fields in Russia's Far East
 "Exxon Mobil faces new pressure over dealings with Russia's Rosneft")
Oil prices soar as Western sanctions and pressures on Russia mount
Brent crude rose $4.16, or 4.3%, to $102.09, at 0915 after hitting a high of $105.07 a barrel in early trade
 "Oil prices soar as Western sanctions and pressures on Russia mount")
Ukraine conflict: BP exit opens new front in West's campaign against Russia
Companies with Russian assets under pressure; some Russian banks shut out from SWIFT; EU, Canada, Britain shut airspace to Russia
 "Ukraine conflict: BP exit opens new front in West's campaign against Russia")
Oil soars as Russia puts nuclear forces on alert, bank sanctions bite
At 0643 GMT Brent crude futures were up $4.69, or 4.8%, at $102.62, after hitting a high of $105.07 a barrel in early trade
 "Oil soars as Russia puts nuclear forces on alert, bank sanctions bite")
Russia-Ukraine crisis: India economy to be among worst hit in Asia - Nomura
A sustained rise in oil, food prices would have adverse impacts on Asia's economies. India, Thailand and the Philippines are the biggest losers, while Indonesia would be a relative gainer, Nomura said
 "Russia-Ukraine crisis: India economy to be among worst hit in Asia - Nomura")
Oil prices surge as Russian invasion of Ukraine rings supply alarm bells
Brent crude rose $2.81, or 2.8%, to $101.89 a barrel at 0738 GMT on Friday, after climbing to as high as $101.99
 "Oil prices surge as Russian invasion of Ukraine rings supply alarm bells")
Oil retreats, but still above $100; no supply shocks for India
Brent crude oil surged past USD 105 per barrel on Thursday for the first time since August 2014, following Russia's invasion of Ukraine
Russian gas supply halt in Ukraine crisis would hurt EU economics: Experts
The bloc would need to both hike imports of liquefied natural gas and impose emergency measures to cut demand.
 "Russian gas supply halt in Ukraine crisis would hurt EU economics: Experts")
India, Russia reaffirm commitment to increase sourcing of Russian crude oil
India and Russia reaffirmed their commitment to increase sourcing of Russian crude oil on long term contracts through preferential pricing
 "India, Russia reaffirm commitment to increase sourcing of Russian crude oil")
OPEC wins, the West loses
Judges, investors force oil firms towards low-carbon future
 "OPEC wins, the West loses")
Russia, Saudi Arabia at odds over output deal ahead of Opec+ meeting
Russian Deputy Prime Minister Alexander Novak has voiced support for a gradual increase in oil output amid improving demand
 "Russia, Saudi Arabia at odds over output deal ahead of Opec+ meeting")
Russia to ramp up military presence in far east over geopolitical tensions
Russian Defence Minister Sergei Shoigu has said the military presence will be strengthened in the Far East in the wake of rising geopolitical tensions in the region.
 "Russia to ramp up military presence in far east over geopolitical tensions")
Opec cuts output to lowest since 1991 as coronavirus slams oil demand
The Organization of Petroleum Exporting Countries cut production by 1.93 million barrels a day to 22.69 million a day last month, according to the survey.
 "Opec cuts output to lowest since 1991 as coronavirus slams oil demand")
Brent tumbles to lowest since 2002, US crude dips below $20 per barrel
With Saudi Arabia and Russia set to flood the market with oil next month, producers and shippers have been scrambling to lock oil up in storage as demand falls.
Oil plunges 25%, hit by erupting Saudi Arabia-Russia oil price war
A nearly 25% slump in oil prices triggered panic-selling and heavy losses on Wall Street's main stock indexes as the rapid spread of coronavirus amplified fears of a global recession
 "Oil plunges 25%, hit by erupting Saudi Arabia-Russia oil price war")
BPCL stake sale may get delayed over falling oil prices, market crash
As confidence on equities declines, large oil producers may hesitate to loosen their purse strings, thereby impacting valuations too
 "BPCL stake sale may get delayed over falling oil prices, market crash")
'Crazy' Saudi oil price cuts seen reigniting market share war with Russia
Deal between Russia and OPEC shook on Friday when OPEC, led by Saudi Arabia, failed to reach agreement with the world's No. 2 oil producer Russia to deepen production cuts aimed at shoring up prices.
Russian oil output breaches OPEC target again ahead of Vienna talks
Russia currently has about 500,000 barrels a day of spare production capacity, according to Gazprom Neft PJSC, the country's third-largest producer
 "Russian oil output breaches OPEC target again ahead of Vienna talks")
Russia's oil exports to Europe dips as fuel quality on offer deteriorate
Russia increased oil pipeline exports to China by almost 50 per cent in January-April from a year earlier to 12.4 million tonnes
 "Russia's oil exports to Europe dips as fuel quality on offer deteriorate")
Russian oil production cutting drive stalled in February
The country's oil and gas condensate output remained at 11.11 million bpd last month
 "Russian oil production cutting drive stalled in February")
