Subscribe | Trial Registration | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Russia reaches for nationalisation
There is a growing impulse to nationalise Russia’s energy sector out of its difficulties, but any steps in this direction would not be taken overnight
Russian LNG scrambling to emulate oil’s success
A sanctions-defying ‘shadow fleet’ is being assembled, but it remains unclear where Russia will sell the liquefied gas while Arctic LNG 2 remains strangled by sanctions
Russia’s quest for energy ‘technological sovereignty’, part 2
The country faces big challenges as it seeks to replace Western suppliers when it comes to LNG carriers, while sanctions have all-but halted its petrochemicals expansion
Russia’s quest for energy ‘technological sovereignty’, part 1
The country inherited a near self-sufficient oil and gas industry from the USSR, and it is working fast to eliminate shortfalls in its domestic capability, where advanced drilling and subsea technologies remain a vulnerability
Europe has coping mechanisms for life after Russian gas
The Ukraine–Russia gas transit and interconnection agreements are due to expire at the end of this year, but despite some uncertainty, Europe seems well-prepared
The rise of oil’s big three, part 3: The oil age develops
The 20th century’s two global conflicts made clear the geopolitical importance of oil, while Russia and Saudi Arabia joined the US as hydrocarbons superpowers
The rise of oil’s big three, part 2: The start of the oil age
In the second part of our history of oil special on the ascent of the US, Russia and Saudi Arabia, we examine the early years of the age of oil
The rise of oil’s big three, part 1: The transition to oil
In this first part of the first chapter of our 90th anniversary special on the history of oil, we look at oil’s humble beginnings and the start of its rise to prominence
Post-Soviet Russian oil and gas part 2: Sanctions and isolation
In the second of our two-part 90th anniversary issue series on Russian oil and gas, we look at how energy trade with Europe brought Russia in from the cold, and how adventurism in Ukraine sent it right back out again
Post-Soviet Russian oil and gas part 1: Privatisation and nationalisation
The Russian hydrocarbons industry has evolved greatly over the past three decades. In the first of a two-part series for Petroleum Economist's 90th anniversary, we look at the post-Soviet period and how control of oil and gas went from the state to private hands and back again.
Russia Opec
Daniel Crawford
16 January 2020
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Russian oil hits another peak

The country’s 2019 production reached a further post-Soviet high, marking another year Moscow fell short of cuts promised to its Opec partners

Russia’s oil and gas condensate output totalled 560.2mn t in January-December 2019, or 11.25mn bl/d, according to data from the country’s energy ministry data, up from 555.8mn t (11.16mn bl/d) in 2018. December production totalled 47.63mn t (11.26mn bl/d), a 3.4pc month-on-month increase month, but a 1.7pc decline year-on-year. Growth came largely on the back of increased contributions from a number of greenfield projects operated by national oil champion Rosneft, says Vasilii Tanurkov, director at Moscow-based ratings group Acra. These included the Yurubcheno-Tokhomskoye, Srednebotuobinskoye, Kuyumbinskoye and Taas-Yuryakh fields in eastern Siberia and Kondinskoye, Russkoye, and East-Messoy

Also in this section
Saudi Arabia's path to transition, part 3: Closing the gap
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
Energean finds its sweet spot
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
Saudi Arabia's path to transition, part 2: Energy addition
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
Saudi Arabia's path to transition, part 1: Energy diversification
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2024 The Petroleum Economist Ltd
Cookie Settings
;

Search