Gazprom sees Chinese gas pipeline online in two years
China will start getting natural gas directly from Russia through the Power of Siberia pipeline in less than two years, the chairman of Gazprom said. The board of directors at Continue Reading
Russia’s Gazprom says European partners fulfilled Nord Stream-2 obligations in 2017
Alexei Miller, head of Russian gas giant Gazprom, said in a conference call on Tuesday that its European partners in the Nord Stream-2 pipeline project have fulfilled their financing obligations Continue Reading
Russia holds steady as China’s largest crude supplier for ninth month
Russia held on as China’s largest crude oil supplier for the ninth month in a row in November, also topping Saudi Arabia for the year so far, Chinese customs data Continue Reading
Ukraine’s Naftogaz: court win over Gazprom worth over $75 billion
Ukrainian state-owned energy firm Naftogaz said on Friday the total savings from its win over Russia’s Gazprom at an arbitration court in Stockholm over natural gas sales will be more Continue Reading
Russia backs gradual, managed exit from oil cuts with OPEC
OPEC and Russia will exit from oil production cuts very smoothly, possibly extending the curbs in some form so as not to create any new surplus in the market, the Continue Reading
Ukraine and Russia both claim victory in gas dispute
Ukraine’s Naftogaz and Russia’s Gazprom both claimed victory on Friday in a long-running gas dispute, each saying a Stockholm court had ruled in its favor over a gas contract. The Continue Reading
Kremlin says it’s trying to get ahead of sanctions
The Kremlin is working to figure out ways to maneuver around possible sanctions that could restrict Russia’s business opportunities, a spokesman said. Russia’s currency lost considerable value at the start Continue Reading
Sanction-Proof Oil Rig Beats US Policy From Cuba to Russia
The oil rig was built mostly in China and drilled its first well in Cuba. Now it’s delivering a victory for Russia in its fight against U.S. sanctions. Italian oil Continue Reading
Exclusive: Russian oil firm Tatneft ran Crimea fuel station, despite sanctions risk
One of Russia’s biggest oil companies, Tatneft, has been doing business in Crimea despite the risk of being placed on a U.S. sanctions blacklist, according to company documents and a Continue Reading
Venezuela gives Russia’s Rosneft gas field concessions: Rosneft
Venezuela has awarded licenses to a unit of Russian oil major Rosneft ( ROSN.MM ) to develop two offshore gas fields, Rosneft said in a statement. Venezuelan President Nicolas Maduro Continue Reading