Thursday, April 15, 2021
  • Contact Us
  • Terms of Use
  • Privacy Policy
  • DMCA
  • CCPA
Trade News Today
Advertisement
  • Home
  • Trade News
    • All
    • Business
    • Cryptocurrency
    • Dow Jones
    Ag markets trade mostly higher | Thursday, April 15, 2021

    Ag markets trade mostly higher | Thursday, April 15, 2021

    Bank of America Profit Doubles After It Releases Reserves for Bad Loans

    Bank of America Profit Doubles After It Releases Reserves for Bad Loans

    Bitcoin vs. Ethereum: Which Should You Invest in Now?

    Bitcoin vs. Ethereum: Which Should You Invest in Now?

    Uber Eats Reunites ‘Wayne’s World’ for a Super Bowl Ad

    U.S. Industrial Production Rebounded in March

    Gold Trades Lower Within A Narrow Trading Range

    Gold Trades Lower Within A Narrow Trading Range

    Coronavirus live updates: Governments struggle to maintain vaccination drives as

    Coronavirus live updates: Governments struggle to maintain vaccination drives as

    Dogecoin is Worth 10 Cents. Is Elon Musk’s Favorite Meme Cryptocurrency the Next

    Dogecoin is Worth 10 Cents. Is Elon Musk’s Favorite Meme Cryptocurrency the Next

    Uber Eats Reunites ‘Wayne’s World’ for a Super Bowl Ad

    Dell Plans Spinoff of $52 Billion Stake in VMware — Update

    World of Asphalt Named to “Fastest 50” Growing Trade Show List

    World of Asphalt Named to “Fastest 50” Growing Trade Show List

    • Business
    • Dow Jones
    • Cryptocurrency
  • Investing
    • All
    • Automobiles
    • Diamonds
    • Gold
    • Oil & Gas
    • Real Estate
    Stocks jump, S&P 500 and Dow hit record highs after retail sales, jobless claims

    Stocks jump, S&P 500 and Dow hit record highs after retail sales, jobless claims

    Gold prices holding gains following strong rise in Philly Fed, New York Fed

    Gold prices holding gains following strong rise in Philly Fed, New York Fed

    with COVID-19 Impact Analysis – SoccerNurds

    with COVID-19 Impact Analysis – SoccerNurds

    Urban oil drilling harms lung function in L.A. residents living near wells

    Urban oil drilling harms lung function in L.A. residents living near wells

    U.S. Housing Market Is Nearly 4 Million Homes Short of Buyer Demand

    U.S. Housing Market Is Nearly 4 Million Homes Short of Buyer Demand

    A Time-Tested Active Approach to Capture the Growth of the Future

    A Time-Tested Active Approach to Capture the Growth of the Future

    Jim Cramer on DoorDash, Airbnb, Palantir and other top IPOs from 2020

    Jim Cramer on DoorDash, Airbnb, Palantir and other top IPOs from 2020

    Vaccine pause could worsen ‘hesitancy’ problem

    Vaccine pause could worsen ‘hesitancy’ problem

    MACKINAC INVESTOR ALERT by The Former Attorney General of Louisiana: Kahn Swick

    MACKINAC INVESTOR ALERT by The Former Attorney General of Louisiana: Kahn Swick

    • Real Estate
    • Diamonds
    • Gold
    • Oil & Gas
    • Automobiles
  • Forex Analytics
    • All
    • Central Bank Views
    • Market Overviews

    Foreign Currency Exchange Software Market 2021 Predictable to Witness

    Monetary policy frameworks and central bank market operations

    Rethinking the ECB’s strategy in the world of low rates

    Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have

    Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have

    Kiwi Shoots Higher as RBNZ Appears Less Concerned about its Rise

    Kiwi Shoots Higher as RBNZ Appears Less Concerned about its Rise

    Monetary policy frameworks and central bank market operations

    Sabine Mauderer: Sustainable finance – political efforts and mature markets

    Jacksonville University Launches New Master of Science in Medical Sciences to

    Jacksonville University Launches New Master of Science in Medical Sciences to

    After GME, Dogecoin and Bitcoin, Chinese Traders Are Betting What Will Pump Next

    After GME, Dogecoin and Bitcoin, Chinese Traders Are Betting What Will Pump Next

    Webinar: Digital Marketer’s Dilemma: Find the Right Way to Balance Compliance

    Webinar: Digital Marketer’s Dilemma: Find the Right Way to Balance Compliance

    Damara Gold : Reports Drill Assays from New Gold Discovery at Placer Mountain

    Poletowin Pitcrew : Supplementary Information to the Financial Results for the

    • Central Bank Views
    • Market Overviews
  • Politics
  • Business
  • Markets
  • Retail
  • Personal Finance
Trade News Today
No Result
View All Result
Home Investing Oil & Gas

2021 Report on State Regulations of the Oil and Gas Sector in Russia –

February 16, 2021
in Oil & Gas
4 min read
2021 Report on State Regulations of the Oil and Gas Sector in Russia –
Share on FacebookShare on Twitter


DUBLIN–(BUSINESS WIRE)–The “State Regulation of Oil and Gas Sector in 2021 and Prospects 2021” report has been added to ResearchAndMarkets.com’s offering.

The year 2020 was a bitter trial to the whole world economy and especially to the oil and gas industry. Russia was not an exception in this regard.

The struggle between camps supporting the OPEC+ deal and a price war ended in spring when Moscow withdrew from the agreement and Saudi Arabia, in response, sharply increased its oil exports. At the same time, the progressing COVID-19 pandemic significantly reduced demand for oil, and these two factors led to a real price catastrophe.

Russia rushed to join OPEC+ again but in much tougher conditions, which resulted in an 8.6% decrease in the annual oil output. However, the situation concerning exports is much worse, as the Russian oil industry faces strategic risks of losing its essential markets.

The Cabinet was not lenient to the industry, thinking that in the past few years oil producers accumulated sufficient reserves and even cheated the state, and has failed to invest the money spared on taxes.

The package of fiscal amendments passed in autumn 2020 looked evidently confiscatory. And it was an important element of the concept of new oil that becomes the foundation of the current state policy on the oil industry. It means that old fields are declared unpromising, and the stake is made on greenfields that should create new jobs and demand for products of relative industries. However, the state avoids thinking about the real costs of the production of hydrocarbons at new projects.

Before the oil industry, the breakthrough project was the production of LNG in the Arctic. And in 2020 it became evident that Russian liquefied natural gas, practically not contributing to state budget revenues, competed with Russian piped gas supplies on the European market. In the meantime, despite the tough sanctions war, Russia keeps laying new gas pipelines to Europe. All these factors question the expediency of the energy policy of Russia.

Meanwhile, voices of lobbyists of the green agenda sound more and more energetically, as they suggest radically restructuring our energy sector. And this is another challenge to the Russian oil and gas industry.

The NESF report wrapping up 2020 elaborates on the following questions:

  • Will Russia withdraw from the OPEC+ deal?
  • How did the OPEC+ deal influence the autumn reshuffle in the government?
  • What is the new system of state regulation of the oil and gas sector?
  • How did Russian companies fulfill oil output?
  • Did the government support the oil services business?
  • Will we manage to develop offshore and tight reserves amid sanctions?
  • Will the state continue to subsidize LNG production?
  • Why does Rosneft aggressively promote its Vostok Oil project?
  • How did Rosneft cease being a state company?
  • How did the Cabinet explain autumn changes in taxation of oil companies?
  • What risks does the green policy pose to Russian oil and gas companies and what Putin thinks about the energy transition?

Key Topics Covered:

INTRODUCTION

CHAPTER 1. LOOKING FOR NEW OIL. THE STATE RELIES ON TERMINATION OF OLD PROJECTS IN FAVOR OF NEW OIL VENTURES

1.1. COVID-19, collapsing prices and a new OPEC+ deal: the perfect storm for the Russian oil production industry

1.2. Observance of output reduction by companies

1.3. Influence of OPEC+ deal on fiscal changes in the Russian oil industry

CHAPTER 2. WHAT SHOULD OIL PRODUCERS ECONOMIZE ON: CAN PRODUCTION COSTS DROP LOWER?

CHAPTER 3. RESTRUCTURING THE STATE SYSTEM OF FES REGULATION

3.1. Bureaucratic rollercoaster of A. Novak and new Minister of Energy

3.2. General logic of government update and its influence on the oil and gas sector

CHAPTER 4. THE STATE KEEPS SUPPORTING LNG PRODUCTION

CHAPTER 5. THE ARCTIC AS AN EXAMPLE OF STATE CHOICE IN FAVOR OF NEW OIL

CHAPTER 6. PRODUCTION AND EXPORTS OF RUSSIAN HYDROCARBONS AMID NEW AND OLD SANCTIONS

6.1 In spite of sanctions: revival of the shelf

6.2. Will Bazhenov formations have a second chance?

6.3. Nord Stream 2: the main sanctions story of the year

CHAPTER 7. DISPUTES ABOUT ENERGY TRANSITION. THE GREEN AGENDA IN RUSSIA AND ITS PRESSURE ON HYDROCARBONS

7.1. Two camps of the climate agenda, Putin’s position

7.2. Actions of climate regulators in 2020

7.3. Fascination with renewables and hydrogen

DEVELOPMENT OUTLOOK

For more information about this report visit



Read More:
2021 Report on State Regulations of the Oil and Gas Sector in Russia –

Tags: gasoilRegulationsReportRussiaSectorState
Previous Post

First time homebuyer’s biggest foe? Few homes to buy

Next Post

Kodiak Copper: Drilling a Dazzling Destiny? | 2021-02-16 | Investing News

Related Posts

Urban oil drilling harms lung function in L.A. residents living near wells

Urban oil drilling harms lung function in L.A. residents living near wells

by Trade News
April 15, 2021
0

Map indicates neighborhoods on which the study focused. A new USC study links living by urban oil wells with...

Groups want federal oil and gas leasing reform » Albuquerque Journal

Groups want federal oil and gas leasing reform » Albuquerque Journal

by Trade News
April 15, 2021
0

.......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... ..........An oil...

Gulf of Mexico crude oil production will increase with new projects in 2021 and

Gulf of Mexico crude oil production will increase with new projects in 2021 and

by Trade News
April 14, 2021
0

April 14, 2021 EIA forecasts U.S. crude oil production in the U.S. Federal Gulf of Mexico (GOM) to increase...

Feds file suit over sexual harassment in housing against Oil City landlords

Feds file suit over sexual harassment in housing against Oil City landlords

by Trade News
April 14, 2021
0

The U.S. Department of Justice on Monday filed a federal lawsuit against an Oil City couple who run a...

Bearish palm oil data weighs on soy complex | 2021-04-13

Bearish palm oil data weighs on soy complex | 2021-04-13

by Trade News
April 13, 2021
0

Home » Bearish palm oil data weighs on soy complexRecap for April 12 Bearish data on palm oil supplies...

Next Post
Kodiak Copper: Drilling a Dazzling Destiny? | 2021-02-16 | Investing News

Kodiak Copper: Drilling a Dazzling Destiny? | 2021-02-16 | Investing News

0 0 vote
Article Rating
Subscribe
Login
Notify of
guest
guest
0 Comments
Inline Feedbacks
View all comments

Today Trend News

Diamonds Are Forever, and So Are These 500 Stocks

Diamonds Are Forever, and So Are These 500 Stocks

February 14, 2021
Lucara Annual General Meeting to be Held May 11, 2021

Lucara Annual General Meeting to be Held May 11, 2021

April 13, 2021
AUDNZD’s Rally on Yield Differential Looks Overextended

AUDNZD’s Rally on Yield Differential Looks Overextended

August 28, 2020
1000pip Climber System Review – Is 1000pip Climber System Scam or Legit?

1000pip Climber System Review – Is 1000pip Climber System Scam or Legit?

March 28, 2021
City council receives federal grant, plans Centoba ballpark renovation

City council receives federal grant, plans Centoba ballpark renovation

August 27, 2020
Dow, S&P 500 close at record highs as stimulus-fueled optimism continues

Dow, S&P 500 close at record highs as stimulus-fueled optimism continues

March 15, 2021
ECB Extends PEPP, APP and TLTROs to At Leaset Until Mid-2022

ECB Extends PEPP, APP and TLTROs to At Leaset Until Mid-2022

February 6, 2021
Monetary policy frameworks and central bank market operations

BIS international banking statistics at end-September 2020

March 12, 2021

Don't miss it

3 Obstacles Getting in the Way of Your Financial Independence
Personal Finance

3 Obstacles Getting in the Way of Your Financial Independence

April 15, 2021
Ag markets trade mostly higher | Thursday, April 15, 2021
Trade News

Ag markets trade mostly higher | Thursday, April 15, 2021

April 15, 2021
Bank of America Profit Doubles After It Releases Reserves for Bad Loans
Business

Bank of America Profit Doubles After It Releases Reserves for Bad Loans

April 15, 2021
Bitcoin vs. Ethereum: Which Should You Invest in Now?
Cryptocurrency

Bitcoin vs. Ethereum: Which Should You Invest in Now?

April 15, 2021
Uber Eats Reunites ‘Wayne’s World’ for a Super Bowl Ad
Dow Jones

U.S. Industrial Production Rebounded in March

April 15, 2021
Stocks jump, S&P 500 and Dow hit record highs after retail sales, jobless claims
Investing

Stocks jump, S&P 500 and Dow hit record highs after retail sales, jobless claims

April 15, 2021
  • Contact Us
  • Terms of Use
  • Privacy Policy
  • DMCA
  • CCPA

© 2020 NewsForTrade.com

No Result
View All Result
  • Contact Us
  • Terms of Use
  • Privacy Policy
  • DMCA
  • CCPA

© 2020 NewsForTrade.com

wpDiscuz
0
0
Would love your thoughts, please comment.x
()
x
| Reply