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Russia's Energy Ministry has prepared a draft energy security doctrine of Russia, where it names the US policy and green energy as major threats, Vedomosti business daily reported with a reference to the document. On March 2, the …
Russia's Foreign Minister Sergei Lavrov said that the Turkish Stream gas pipeline project is to improve opportunities for Balkan countries to receive Russian gas. "We and the Turks seek to improve …
The Nord Stream 2 pipeline project has received a permit for construction and operation in German territorial waters and the landfall area around eastern Germany’s Lubmin, the project’s operator said. "The Stralsund …
The decision of OPEC and non-OPEC producers to extend oil output cuts until the end of 2018 had a positive effect on the oil marketsю Brent crude oil for February delivery are at $63.13 a barrel, and U.S. West Texas …
Russian Federal Antimonopoly Service commented on the increase in gasoline prices. FAS representative Dmitry Makhonin said that the increase in gasoline prices was caused by speculative activities in the market. …
Russia is ready to work to extend the Turkish Stream gas pipeline to other European countries only after obtaining substantial legal guarantees from Brussels, Russian Foreign Minister Sergei Lavrov said, speaking at a …
Russia should think through a smooth exit from the oil production cut deal between OPEC and non-OPEC nations, which will protect the market from a shortage of raw materials, the President of Russian oil major Lukoil Vagit …
Washington expressed its regret over Moscow's decision to cut the US diplomatic presence in Russia, a representative of the Department of State said. "The Russian government has demanded the U.S. Mission to Russia …
Bulgaria intends to sign an agreement with Serbia on the transit of Turkish Stream gas, Bulgarian Prime Minister Boyko Borisov said. "We signed a road map a few weeks ago - 15.7 billion cubic meters. Tomorrow we …
The current diplomatic rift between Qatar and other Persian Gulf countries will have an insignificant effect on world markets, but the potentially possible prospect of its escalation into a military clash between Arab states can lead to an …
Russia proposed to work out new principles jointly with OPEC and non-OPEC nations to continue cooperation even after the current oil output cut deal expires, Russian Energy Minister Alexander Novak said. "It is …
The price of oil has fallen, despite oil-producing nations agreeing to extend production cuts for a further nine months. The world’s major oil producers have voted to continue their production cuts into 2018 in an attempt to prop …
Egypt, Norway and Turkmenistan made signs of their willingness to join the oil production cuts, Kuwait's oil minister Essam al-Marzouq said. The minister noted that Saudi Energy Minister Khalid …
European Commission President Jean-Claude Juncker will likely approve the Nord Stream 2 pipeline project: the decision could be announced after Germany’s general elections in September. "EU officials …
Oil prices will be hovering around $40-60 per barrel in 2017-2019, the Russian Finance Ministry’s Main guidelines for 2017-2019 debt policy said. "The oil price dynamics will still be one of the key risks for the Russian …
New US sanctions, proposed by the US senators, would damage the global economy, the Kremlin spokesman Dmitry Peskov said. "No doubt, such restrictions will deal additional damage both to bilateral relations …
OPEC and Russia have agreed a mutually accepted formula of oil production cap for half a year, Venezuela’s Oil Minister Eulogio del Pino said. He also pointed out that Venezuela expects the signing of documents on …
US President-elect Donald Trump released this video update discussing his policy plans for the first 100 days of his administration on issues of trade, energy, regulations, immigration, ethics reform, and national …
Russia's average daily production of oil and condensate in October increased by 3.9% on the year and by 1% on the month to 11.204 million barrels, setting a new post-Soviet record high (the previous was 11.11 million bpd), news agencies …
This Saturday's summit of OPEC member and non-member oil-producing countries in Vienna will reach an agreement as a minimum to freeze oil output levels, the experts told Vestnik Kavkaza on the eve of the Vienna talks between oil exporters.
