Russia is concerned by the slowing global oil economy, Russian Energy Minister Alexander Novak said on Wednesday, according to RIA Novosti.
The minister said the OPEC+ alliance will discuss slowing global oil demand on Thursday. He added that there were no fresh proposals to change the oil production volumes within...
The state oil company of Venezuela, PDVSA, has registered its office in Moscow, after Russian state oil major Rosneft last month became the main trader of Venezuelan crude, Argus Media reported.
“We’ve registered PDVSA in the Russian jurisdiction,” Venezuela’s minister for oil Manuel Quevedo told reporters on Wednesday. In...
The United States is using the threat of sanctions as a form of unfair competition, Russia’s state-run oil giant Rosneft said Tuesday, adding that attempts by Washington to curb its business in Venezuela would be illegal, Neftegaz.ru reports.
U.S. special envoy to Venezuela Elliott Abrams said Tuesday that Washington could...
Slovenian energy company Petrol has signed cooperation agreements with Russia's T Plus Grupa and the Russian subsidiary of France’s Schneider Electric at a Slovenian-Russian business meeting held in Moscow on Tuesday, STA news agency reported.
Slovenia’s Prime Minister Marjan Sarec is on a visit to Russia along with a trade...
The top court of the European Union has upheld a lawsuit against the European Commission filed by Poland’s oil and gas company PGNiG, banning Russia’s Gazprom from using the OPAL gas pipeline at full capacity, Vedomosti reports.
According to PGNiG officials, the Russian energy giant won’t be able to shut...
Russia is falling behind in ramping up its Far East exports, which will cause it to lose the spot as China's main crude supplier in the coming years to Saudi Arabia, S&P writes citing latest data and market sources. Russia also faces obstacles such as infrastructure constraints in pipeline...
The United States cannot exclude imposing sanctions against Russia’s biggest oil company, Rosneft, at some point over buying Venezuelan oil, Washington’s Special Representative for Venezuela Elliott Abrams said on Monday, according to RIA Novosti.
"Yes, it can be . We have not gotten to that point yet,” Abrams said, when...
Iraq expects Russian companies to expand their participation in the development of oil fields in the country, deputy foreign minister Muayad Salih said in Moscow on Tuesday, according to TASS.
At a meeting with Konstantin Kosachev, the chairman of the Foreign Affairs Committee in the Russian Federation Council (upper...
The Russian government has decided to allocate $11 billion to the country’s renewable energy development program until 2050, Vedomosti reported citing notes from a meeting between deputy prime minister Dmitry Kozak and two other participants.
Under the program, by 2024, about 5.5 GW of green capacity should be built in...
Russia will cut the price for natural gas sold to Moldova starting October 1, the country’s president Igor Dodon said on Friday, according to Vesti.ru.
The president made the comment in a post to his Facebook page after meeting Russian President Vladimir Putin in the Kremlin.
“We have agreed in principle...
