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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

They include bans on financing for and the supply of critical equipment and technology to important Russian energy projects. Novatek and its partners Total and Chinese National Petroleum Company still lack $15 billion of the $27 billion needed to finance the Yamal LNG plant. Russia’s export channels are less susceptible to disruption.

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

That has oil exporting countries, including OPEC members, Russia and others, focusing their sales on Asia, particularly China. for example, has ended fuel subsidies, thereby essentially, increasing its budget revenues, while Saudi Arabia recently floated a $4-billion domestic bond offering to help finance its budget.