VIDEO NEWSWATCH: “U.S. shale, trade and sanctions worry Russian Finance minister as economy gets back on track” – CNBC/ Geoff Cutmore, Alexandra Gibbs

Anton Siluanov file photo

[Scroll down for embedded video] “… Following last week’s decision by oil producers to extend output cuts by nine months to March 2018, Siluanov told CNBC that OPEC’s decisions would give opportunity [sic] for prices to stay at present levels, but that both producers and the ministry had to be on alert for any market changes. …” ‘On the one […]

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NEWSLINK: Don’t Worry About U.S. Fracturing

File Photo of Blue Flame from Natural Gas

[Moscow Times – Todd Wood – February 13, 2014 –] Todd Wood, in a Moscow Times op-ed, writes that while the United States has used fracking to seize the lead in global petroleum exports, Russia has more reserves, and could expand oil field services. Unfortunately for Russia, the U.S. has taken the lead in hydraulic fracturing technology and is […]

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Russia Readies to Take Shale Oil Lead

File Photo Rosneft and Russian Flags Next to Rosneft Banner

( – Daniel J. Graeber – December 7, 2013) President of Russian energy company Rosneft, Igor Sechin, said he was eager to unlock the shale oil potential in the Samara region of western Russia. With forecasts warning the U.S. shale phenomenon won’t last, Russia could be moving its pawns into play. Sechin met Friday with Helge Lund, chief executive officer […]

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