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Some significant field development projects are moving ahead in 2018, especially in Kirkuk. There are further plans to award new exploration and development deals, as well as to…
An EU ban on Russian refined oil and an accompanying price cap may do more immediate damage than earlier restrictions on crude, as petroleum products are more difficult to place…
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DOI: 10.1108/OXAN-DB276365
ISSN: 2633-304X
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Geographic
Topical
Russia has lost almost all its customers in Europe, which bought 48% of its crude exports by volume last year. To compensate, it has been sending more crude to Asian markets in…
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DOI: 10.1108/OXAN-DB274825
ISSN: 2633-304X
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Geographic
Topical
US energy policy has pushed Saudi Arabia and Russia closer together, leading to a level of cooperation inconceivable four years ago. Their leadership and coordination on such key…
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DOI: 10.1108/OXAN-DB240446
ISSN: 2633-304X
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Geographic
Topical
A weaker ruble will dampen Russian imports and this could deepen recession in 2023. The role of ruble-renminbi transactions has increased as the authorities seek to reduce…
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DOI: 10.1108/OXAN-DB275162
ISSN: 2633-304X
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Geographic
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In June 2022, Russia booked almost twice the revenue (USD20.4bn) from such exports. Declining oil income poses a serious challenge to the administration of President Vladimir…
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DOI: 10.1108/OXAN-DB280900
ISSN: 2633-304X
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Geographic
Topical
Prospects for the Russian economy to end-2017.
The rising frequency of drone attacks is raising the risk of oil product shortages within Russia. Already Western sanctions on the supply of spare parts had made the maintenance…
Once the worst of the dual COVID-19 and low-price crises is over, it assumes a return to higher-volume production to support the domestic oil industry and the high export and…
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DOI: 10.1108/OXAN-DB258300
ISSN: 2633-304X
Keywords
Geographic
Topical
Western sanctions imposed for Belarus's complicity in the Russian invasion of Ukraine have isolated the country. Much of its export trade is reduced or cut off entirely.