Nicolas Maduro’s staunchest international ally—Russia—reaffirmed last week its full support to the Socialist leader’s regime and his efforts to prevent what Moscow sees as interference in Venezuela’s domestic affairs. At Continue Reading
Moscow — Russian independent gas producer Novatek said late Wednesday that it has closed a deal to sell a 10% stake in the Arctic LNG 2 project to its long-term Continue Reading
The Russian accounts of Venezuelan companies, including state oil firm PDVSA, will move to the Russian Financial Corporation Bank (Rusfincorp), which is sanctioned by the United States, the RIA news Continue Reading
Russia has long been established as a crucial component of most European natural gas import portfolios, with most imports received via pipeline through the Yamal-EuroPol pipeline (Poland) or the Baumgarten Continue Reading
Russia plans to speed up oil output cuts this month and by the end of the month it will bring the combined oil production cut level to 228,000 barrels per Continue Reading
Germany will be looking to regulate the controversial Russia-led Nord Stream 2 natural gas pipeline project using its national sovereignty, a senior German energy official said on Monday in comments Continue Reading
Russia will speed up its oil production cuts this month and plans to reach its share of the OPEC/non-OPEC output reduction by end-March or early April, Russian Energy Minister Alexander Continue Reading
Russian oil output stood at 11.34 million barrels per day (bpd) in February, down some 75,000 barrels per day from the October level, the baseline for a global deal, but Continue Reading
Russia’s energy ministry plans to meet domestic oil companies on March 1 to discuss a deal between OPEC and other leading global oil producers to reduce production, two sources familiar Continue Reading
The market responded calmly to news Monday that key members of Russian gas giant Gazprom’s management are leaving the company. Receive daily email alerts, subscriber notes & personalize your experience. Continue Reading
