Russia’s revised oil strategy will focus on maximizing monetization from crude exports before hitting peak production in 2027-2029 and seeing world demand drop, according to a draft document on the Continue Reading
The United States will announce sanctions on Russia as soon as Thursday for alleged election interference and malicious cyber activity, targeting several individuals and entities, people familiar the matter said. Continue Reading
The Kremlin told Washington on Wednesday it would act decisively if the United States undertook any new “unfriendly steps” such as imposing sanctions, the RIA news agency reported, citing a Continue Reading
The residents of Irkutsk, one of Russia’s coldest regions, are used to harsh winters. But when the temperature dropped to negative 60 degrees Celsius (-76 Fahrenheit) last January, even they had to submit Continue Reading
A much-used proverb says: a good neighbor is better than a distant friend. Nowhere is it more suitable than the EU’s position vis-a-vis its largest and most important neighbor: the Continue Reading
Russia’s rouble has been hit hard by mounting geopolitical tensions, as Moscow’s military build-up on the border with Ukraine and the prospect of fresh US sanctions unnerve investors. The country’s currency Continue Reading
Getty Images image captionRussian units have been on exercises in Crimea Sabre-rattling or preparations for war? Since mid-March, there have been many warnings from Ukraine and Western governments that Russia Continue Reading
Dozens of troop carriers and missile launchers sit on flatbed wagons lining up along tracks running through southern Russia, in a region bordering Ukraine. A still image from video shows Continue Reading
The recent deployment of Russian troops along Ukraine’s border and Moscow’s indication that it could intervene in the event of a full-scale war in eastern Ukraine are dimming hopes for a Continue Reading
The pandemic could continue to impact global oil demand until 2024, while the decarbonization plans in major European economies could arise as a new threat to Russia’s oil industry, according Continue Reading
