FSUOGM - Former Soviet Union Oil & Gas
BP books loss from Rosneft stake
Investors sue Moscow exchange after WTI swings negative
More than 150 investors are preparing to launch a class action lawsuit against the Moscow Exchange (MOEX) worth RUB1bn ($13mn), after West Texas Intermediate (WTI) futures closed at a negative prices, but did the Urals blend also go into the red?
Gazprom braces for tough year
Gazprom pipelayer in English Channel
CCC wins Arctic LNG-2 contracts
Compressor Controls Corp. (CCC), a division of US-based Roper Technologies, has been awarded several contracts by Russia’s Novatek relating to the Arctic LNG 2 project.
Azerbaijan ‘forced to tell BP to cut oil production sharply’
Extent of OPEC+ output restrictions drawn up to tackle price crisis leaves Baku with little choice but to include energy major in reductions.
MOSCOW BLOG: Russia caught out by oil plunge
Did Russian President Vladimir Putin just screw up in a spectacular fashion? Russia pulled out of the OPEC+ production cut deal on March 6, setting off a downward spiralling of prices that ran out of control
Examining the WTI collapse
The unprecedented crash in WTI prices into negative territory has been attributed primarily to the mechanics of futures contracts, but nonetheless illustrates an oversupply crisis as storage fills up.
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