Platts

International sanctions against Russia introduced in 2014 turned out not to be the bogeyman they first seemed to be, and could in fact have played a key role in helping the Russian oil sector to not only handle the sharp price drop over the last year and a half, but …

Down 120,000 Barrels Per Day from September – Lowest Level Since May, Led by Production Declines in Saudi Arabia and Iraq Oil production from the Organization of the Petroleum Exporting Countries (OPEC) totaled 31.08 million barrels per day (b/d) in October, down 120,000 b/d from September, and the lowest level …

Calling the oil resources of the Arctic vast is a bit like calling the weather there chilly. It is understandable why a nation would want to claim as much of it as possible. Yet the challenges to harvesting its wealth are also vast, which makes Russia’s move to owning a …

Calling the oil resources of the Arctic vast is a bit like calling the weather there chilly. It is understandable why a nation would want to claim as much of it as possible. Yet the challenges to harvesting its wealth are also vast, which makes Russia’s move to owning a …

China’s apparent oil demand* rose 10.2% in August from a year earlier to 11.19 million barrels per day (b/d), according to a just-released Platts analysis of Chinese government data. Barring gasoil and naphtha, China’s apparent demand for all other key products—gasoline, liquefied petroleum gas (LPG), jet/kerosene, and fuel oil—saw double …

09.11.2010 LUKOIL IMPROVES ITS RANK IN PLATTS 2010 ‘TOP 250 ENERGY COMPANIES’ LIST LUKOIL ranked 5th among European, Middle East and African companies and 10th among global companies in the American energy agency Platts 2010 ‘Top 250 Energy Companies’ List. All companies were ranked by four main criteria, including asset …