Russia's oil output down 2.8%, gas production up 7.6% in 2024, deputy PM says
Russia's oil and gas condensate production reached 516 million metric tons, or 10.32 million barrels per day, in 2024, Deputy Prime Minister Alexander Novak told the energy ministry's in-house magazine on Thursday,
Russia’s Oil Production Slipped 2.8%, Gas Output Rose 7.6% in 2024
Russia pumped 2.8% lower volumes of crude oil and condensate in 2024 from a year earlier, while its natural gas production rose by 7.6%
Russian boosts gas production as oil output drops
State run gas giant Gazprom spearheads increase in gas production in 2024 as it re-takes a larger share of the domestic market.
Russian strike damaged Ukrainian gas production facilities
Ukrainian natural gas production facilities were damaged in a Russian attack on Ukraine's central Poltava region overnight, the state-run oil and gas firm Naftogaz and Energy Minister German Galushchenko said on Tuesday.
Ukraine Strikes Second Major Russian Oil Refinery in a Week
Ukraine has targeted two of Russia's oil refineries in drone strikes in an effort to bankrupt their ability to continue funding the war.
Ukraine Says Russia Targeted Gas Facilities in Overnight Attack
Russia targeted Ukrainian gas and power facilities in strikes overnight and early Tuesday as night temperatures in Ukraine fell below minus 10C (14F).
Ukraine's energy company reports gas production facility out of action due to Russian attack
DTEK, Ukraine's largest energy company, reports that its gas production facility in Poltava Oblast was hit by a missile attack on 11 February. Source: press service of DTEK Quote: "The facility is out of operation.
Missile strike on Ukraine: Russia targets Naftogaz facilities in Poltava region
On the night of Tuesday, February 11, the Russian army launched a missile strike on the Poltava region, targeting Ukraine`s Naftogaz facilities, the press service of the national oil and gas company Naftogaz reports.
Russian drone hits Ukrainian gas production facilities
Ukrainian state-run oil and gas firm, Naftogaz, and Energy Minister German Galushchenko on Tuesday said Ukraine’s natural gas production facilities were damaged in a Russian attack on the central Poltava region overnight.
Ukraine's Naftogaz facilities in Poltava Oblast damaged in Russian attack
The Russian attack in Poltava Oblast has damaged production facilities of the Naftogaz Group, Ukraine's largest national oil and gas company. Experts are working to restore and stabilise the gas supply in the oblast.
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Crude Settles Higher on Dollar Weakness and Reduced Russian Crude Production
Tuesday closed up +1.00 (+1.38%), and March RBOB gasoline (RBH25) closed up +0.0431 (+2.05%). Crude oil and gasoline prices ...
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Oil refining in Russia did not decline in February; situation with fuel production stable - Deputy PM Novak
MOSCOW. Feb 12 (Interfax) - Oil petroleum production in Russia remains stable despite attacks and subsequent unscheduled repairs at a number of refineries in the country, Russian Deputy Prime Minister ...
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Russia’s Crude Output Dips Below OPEC+ Target
Russia’s crude output fell to 8.962 million barrels a day in January, 16,000 barrels a day below its target under the OPEC+ ...
JD Supra1d
OFAC Announces Two New Waves of Sanctions Targeting Russia’s Oil Production and Exports, Military-Industrial Base, and Sanctions Evaders
On January 10 and January 15, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sweeping ...
Oil Extends Gains Despite U.S. Tariff Concerns
Oil prices were extending gains from the previous trading session despite fears that President Trump's trade tariffs might ...
Russian Budget’s Oil Revenue in January Close to One-Year Low
Russia’s proceeds from oil in the state budget in January were near a one-year low due to weaker global crude prices and ...
Natural Gas and Oil Forecast: Will Russia’s Production Cut Push Prices Above Resistance?
Oil prices rebound 2% as Russia’s output drops below OPEC+ quota. Will supply cuts and Fed policies push energy markets higher? Read the latest forecast.
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Crude Oil Rallies as Middle Eastern Crude Producers Raise Prices
Monday closed up +1.32 (+1.86%), and March RBOB gasoline (RBH25) closed down -0.0008 (-0.04%). Crude oil and gasoline prices ...