Russia on Wednesday launched a new domestic gas pipeline and two new oil pipelines at a ceremony attended by President Vladimir Putin. The Bovanenkovo-Ukhta 2 gas pipeline, which has the Continue Reading
The ruble is settling in a range where the Bank of Russia purchased foreign currency in 2015, but this time policy makers are looking the other way. The central bank Continue Reading
A double whammy of icy conditions in the oil fields in the Russian Far East and the major non-OPEC producer’s latest promise to cut production could lead to a decline Continue Reading
Russia needs to ensure its economy is braced for an oil shock in either positive or negative terms, a deputy at the International Monetary Fund said. Russia is party to Continue Reading
Russia has begun cutting oil production in line with the OPEC agreement, Russian Energy Minister Alexander Novak told reporters in Moscow on Thursday. Novak declined to estimate how much January Continue Reading
Europe’s Trans Anatolian natural gas pipeline in Turkey has hit a major milestone. It passed the halfway mark to completion at the end of 2016, bringing the Southern Gas Corridor Continue Reading
The logo of Gazprom is pictured at the 26th World Gas Conference in Paris, France, June 2, 2015. Europe’s Trans Anatolian natural gas pipeline in Turkey has hit a major Continue Reading
It has defeated armies trying to invade Russia in the past, and now the fabled Russian winter has come to Moscow’s rescue again, this time helping it comply with a Continue Reading
Workers look at a drilling rig of the Rosneft-owned Prirazlomnoye oil field outside Nefteyugansk, Russia, August 4, 2016. Russia is fulfilling all its obligations under a deal between OPEC and Continue Reading
Russia needs clear economic policies to prevent shocks from oil prices, though stability is expected at $40 per barrel, a development minister said. The Central Bank of Russia in late Continue Reading
