Coronavirus outbreaks have swept through several oil, gas and mining sites in Russia and Kazakhstan, where major international firms from Total to Chevron and local giants like Gazprom are operating.
All tagged energy
Kazakhstan may have to close its most productive oilfield after more than 900 people working there
contracted coronavirus, a senior public health official in the Central Asian country said Wednesday.
More than 400 people have tested positive for the coronavirus at Kazakhstan's top-producing oil field, health officials said on Friday.
Royal Dutch Shell abandoned two oil projects off Kazakhstan after stubbornly high costs made them uneconomic.
Russia’s state oil giant Rosneft tendered to sell a cargo of crude, asking would-be buyers to pay in euros for the consignment, just weeks after doing the same for refined fuels.
Royal Dutch Shell Plc, Eni SpA and their partners in the Karachaganak oil and gas venture may be required to pay an additional $1 billion to settle a dispute with Kazakhstan over revenue sharing, said people familiar with the matter.
U.S. President Donald Trump’s sanctions against Iran and Venezuela have inadvertently increased demand for a Russian brand of crude oil, boosting revenues for the nation’s exporters.
Most Russians regard their dream job as working in a giant state-run company like Gazprom PJSC. Four out of ten Russians identified the government-controlled natural gas export monopoly as their preferred employer in a survey carried out by VTsIOM.
Russia’s largest liquefied natural gas producer, Novatek PJSC, signed a basic agreement to sell a 10% stake in its future Arctic LNG 2 plant to Japan’s Mitsui & Co. and state-backed Jogmec.
The OPEC+ pact is hurting the Russian economy, potentially giving President Vladimir Putin a reason not to agree on an extension of the deal.