Russian President Vladimir Putin is on the verge of realizing a decade-old dream: Russian oil priced in Russia. The nation’s largest commodity exchange , whose chairman is Putin ally Igor Continue Reading
Russian energy company Gazprom said liberalizing the market for liquefied natural gas means contractual talks with China are under threat. Gazprom Deputy Chief Executive Officer Vitaly Markelov said counterparts at Continue Reading
The outlook for Russia’s earnings from oil exports is improving as the price of a barrel of crude in ruble terms rose to the highest in more than five months. Continue Reading
Russian President Vladimir Putin (L) hears 2016 investment plans from the director of state oil company Rosneft. Photo courtesy of the Office of the Russian President. MOSCOW, April 25 (UPI) Continue Reading
Russia said on Wednesday it was prepared to push oil production to new historic highs, just days after a global deal to freeze output levels collapsed and Saudi Arabia threatened Continue Reading
Russian inflation is at risk of stalling at 6 percent to 7 percent after slowing for seven months, a level that central bank Governor Elvira Nabiullina called “unacceptable” for speeding Continue Reading
Russia is planning to revamp its fiscal policy to insulate the economy from swings in crude prices, the latest energy producer to prepare an overhaul for the post-oil era. A Continue Reading
Russian Energy Minister Alexander Novak told news agencies Wednesday that he wasn’t sure oil-producing countries would be able to reach a deal to freeze production, but that the need to Continue Reading
Russia beat Saudi Arabia as China’s top crude oil supplier in March, a follow-on to taking the No.1 spot in four months of 2015, customs data showed on Thursday, due Continue Reading
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