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Thursday 8 May 2025

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Context on Energy
News U.S. envoy says Russia can't be trusted on Ukraine gas transits

European efforts to keep Russia shipping gas through Ukraine after the opening the Nord Stream 2 pipeline across the Baltic Sea are futile, the top U.S. energy diplomat said on Tuesday, saying Russia could not be trusted.

  • December 12, 2018
News OPEC, Russia agree to slash oil output despite Trump pressure

OPEC and its Russia-led allies agreed on Friday to slash oil production by more than the market had expected despite pressure from U.S. President Donald Trump to reduce the price of crude.

  • December 10, 2018
News Oil prices climb on OPEC-led cuts, but off session highs

Oil prices jumped more than 2 percent on Friday as Saudi Arabia and other producers in OPEC, as well as allies like Russia, agreed to reduce output to drain global fuel inventories and support the market.

  • December 10, 2018
News Germany sticks to Nord Stream 2 pipeline despite Ukraine crisis

Germany is still committed to the NordStream 2 pipeline, which will allow Russia to bypass Ukraine in transporting gas to Europe, despite escalating tension in the region, a government spokesman in Berlin said on Wednesday.

  • November 28, 2018
News Oil falls on rising U.S. inventories, OPEC talk of cut limits loss

Oil prices dipped on Thursday after U.S. inventories swelled to their highest level since December adding to concerns about a global crude glut but OPEC talk of an output cut limited losses.

  • November 22, 2018
News Oil prices pressured by rising US crude stocks, but expected OPEC supply cut supports

Oil markets started Thursday timidly, with rising U.S. crude inventories pressuring prices but an expected supply cut by producer cartel OPEC offering some support.

  • November 22, 2018
News Russia wants to steer clear of any OPEC-led oil production cut: sources

Russia wants to stay out of any oil-production cuts being touted by some of its partners in an OPEC-led supply pact, two high-ranking Russian sources told Reuters.

  • November 19, 2018
News Exclusive: Russia clashes with Western oil buyers over new deals as sanctions loom

Russian energy majors are putting pressure on Western oil buyers to use euros instead of dollars for payments and introducing penalty clauses in contracts as Moscow seeks protection against possible new U.S. sanctions.

  • November 9, 2018
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