Russia Oil Output Rises To New Heights In September
Oil pipelines Russian crude oil production in September rose to a new high of 11.11 million barrels per day, up 4 percent on August, figures from the Energy Ministry showed. Continue Reading
Russian nuclear firm Rosatom eyes Chilean lithium
The logo of Russian state nuclear monopoly Rosatom is pictured at the World Nuclear Exhibition 2014, the trade fair event for the global nuclear energy sector, in Le Bourget, near Continue Reading
Russia bases economic forecast on $40 oil
The Central Bank of Russia lowers rates and forecast for economic growth in 2017, basing its forecast on oil priced at $40 per barrel. Photo by DyMax/Shutterstock MOSCOW, Sept. 16 Continue Reading
Why Russia And China Are Intent On Salvaging Syria’s Economy
An economy in ruins More than five years of armed conflict has had a catastrophic impact on the Syrian economy. National GDP has plummeted to less than 50 percent of Continue Reading
Russia’s Gazprom expects agreement on Turkish Stream pipeline in October
Gazprom Deputy CEO Alexander Medvedev speaks during an interview at the Reuters Russia Investment Summit in Moscow, Russia, September 15, 2016. Russia’s Gazprom expects Russia and Turkey to sign an Continue Reading
Rosneft to go private by year’s end
Russian oil producer Rosneft is on pace to become a private enterprise by the end of the year, a Russian economic official declared Thursday. The Kremlin has been reviewing privatization Continue Reading
Kiev vows to avoid Russian gas pressures
Past contractual pressures from Russia won’t resurface as Ukraine becomes energy independent in the next five years, the prime minister said. Ukrainian Prime Minister Volodymyr Groysman told local leaders the Continue Reading
Ruble Dragged Down by Oil as Traders Weigh Friday Rates Meeting
Rate divergence isn’t the end of carry trade: Deutsche Bank Bank of Russia expected to cut benchmark 50 bps to 10% The ruble resumed its slide with oil as a Continue Reading
OPEC revises Russian oil output estimate higher
With oil production on pace to increase through the year, economists at OPEC said Russia’s economy is already on a clear road to modest recovery. In its monthly market report Continue Reading
Russia’s Lavrov blames U.S. for holding up Syria agreement
Russian Foreign Minister Sergei Lavrov accused the United States of holding up a Syrian ceasefire at talks in Geneva with U.S. Secretary of State John Kerry on Friday and said Continue Reading