Upstream
Published:
Wed, May 13, 2026
Editor
Evgeny_V/Shutterstock
Russia's biggest OFS companies faced losses in 2025.
Upstream
Published:
Wed, May 13, 2026
Editor
Evgeny_V/Shutterstock

With earnings on the slide, Russian producers are having to set new priorities, which vary in different companies.

Russian oil and gas revenues in the first nine months were hit by a sharp year-on-year decline in oil prices and the impact of…

Hit by falling oil revenues and Western sanctions, growth in the country has slowed while the budget deficit has exploded.

Russia's oil and gas export revenues slumped to a 30-month low for August.

With much of the world’s oil supplies out of action, Russia could step in to meet demand in China and India

Russia was to produce 9.103 mbd of oil in July considering all voluntary cuts and overproduction compensation obligations