Is Nord Stream 2 Still A Good Deal For Europe?
Nord Stream 2 As Jack Handey aptly pointed out “Before you criticize someone, you should walk a mile in their shoes. That way when you criticize them, you are a Continue Reading
Russian oil privatization saga points to limits of Putin’s power
Russia’s decision to postpone the privatization of a mid-sized oil company has sent a message to investors: for all his power, President Vladimir Putin has failed to stop political infighting Continue Reading
Gazprom Profit Falls Less Than Expected as Ruble Strengthens
Net income falls 17% to 244.9 billion rubles, beating estimate Producer books 152 billion-ruble currency-related gain Gazprom PJSC’s profit shank less than expected in the second quarter as a strengthening Continue Reading
Ruble Falls as Oil Reasserts Dominance, Carry Trade Loses Allure
Hawkish Fed hints seen limiting yield-maximizing strategy Traders seek cues from crude with link strongest since May The ruble weakened for a second day as speculation the dollar will strengthen Continue Reading
Russian Energy Stocks Sink as Tax Threat Seen Depleting Profits
Rosneft, Gazprom targeted in new levies through 2020 State giants could lose as much 10% of cash flows: Sberbank Russian stocks fell for a second day after the government renewed Continue Reading
Oil-rich Iran looking for financial ties with Russia
With sanctions pressures starting to fade, a representative from oil-rich Iran said the financial doors for cooperating with Russia were starting to open. Iranian and Russian interests have aligned in Continue Reading
Why Arctic Oil Is Crucial For Russia’s Future
The Arctic – a cold wasteland that has shattered the expansion dreams of many an oil company by proving to be too difficult and too expensive to tackle. And, of Continue Reading
Russia’s Gazprom cuts pressure in pipeline taking gas to EU: Naftogaz Ukrayiny
Ukraine’s national energy company, said Russian company Gazprom has reduced the pressure in pipelines carrying its natural gas to markets in Europe for the second time in a month. “Naftogaz Continue Reading
Iran Denies Russia Has a Local Base
A week after allowing Russian planes to fly bombing runs into Syria from a base inside its borders, Iran reversed course on Monday and withdrew permission for the flights, complaining Continue Reading
Russia-Iran-Turkey Alliance Could Change Energy Dynamics For Good
Turkey, Russia, Iran A new strategic axis is forming in the Middle East, and this axis could play a transformative role in the region, upsetting the longstanding balance of power. Continue Reading