The Italian oil major Eni will discuss sanctions against Russia with authorities in the European Union and the United States to gain clarity on the economic rivalry forming between President Continue Reading
The Trump administration issued a series of punitive sanctions against Russia for coordinating a cyberattack on the U.S. energy grid, aviation systems, and other infrastructure, according to a new report Continue Reading
The UK-Russian relations have quickly deteriorated over the past week after the UK said that a former double agent and his daughter were poisoned in England by a military-grade nerve Continue Reading
Russia could pull out of the OPEC oil production cut deal before the end of 2018—or right after—as it has no obligation to stick with it, Iran’s Energy Minister, Bijan Continue Reading
Russian gas giant Gazprom will cut hundreds of jobs at its overseas trading and export offices, including Britain, and move them to St Petersburg, according to two sources familiar with Continue Reading
UK Prime Minister Theresa May said Wednesday the UK was “looking to other countries” for gas supply due to deteriorating relations with Russia triggered by the poisoning of ex-spy Sergei Continue Reading
Royal Dutch Shell, which was forced to limit its presence in Russia’s upstream sector because of Western sanctions, has seen its lubricant sales in the country double since 2014, the Continue Reading
The European shift away from coal means more market demand for natural gas — and the Nord Stream pipeline can help bridge the gap, Austria’s OMV said Tuesday. The European Continue Reading
When Vladimir Putin awarded Exxon’s then-CEO Rex Tillerson the Order of Friendship in 2012, little did either of them know that six years later they would be looking at each Continue Reading
When a little-known private Chinese company said in September 2017 that it would be buying 14 percent in Rosneft, many analysts were wondering how an obscure fuel trading company rose Continue Reading
