Russian production looks to technology for growth
Expanding the use of enhanced oil recovery methods could offset output declines
The contamination of the Druzhba pipeline with organic chlorides in April 2019—which became the most serious interruption of supplies in the history of Russian oil trade—had a profound impact on the country’s export volumes. But despite deliveries only fully resuming on 1 July, crude oil exports to Europe for the first eight months of 2019 exceeded those during the same period of 2018. It was a different story for petroleum product exports. These totalled 2.8mn bl/d for the first eight months of 2019, 10pc less than in 2018. The main reasons for this decline were an increase in export duties on heavy oil products and slowing European demand. As of the end of 2018, 11.16mn bl/d of oil and gas
Also in this section
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
17 February 2026
Siemens Energy has been active in the Kingdom for nearly a century, evolving over that time from a project-based foreign supplier to a locally operating multi-national company with its own domestic supply chain and workforce
17 February 2026
Eni’s chief operating officer for global natural resources, Guido Brusco, takes stock of the company’s key achievements over the past year, and what differentiates its strategy from those of its peers in the LNG sector and beyond
16 February 2026
As the third wave of global LNG arrives, Wood Mackenzie’s director for Europe gas and LNG, Tom Marzec-Manser, discusses with Petroleum Economist the outlook for Europe’s gas market in 2026
