A criminal ring was uncovered last week by Russian police in the sales arm of diamond miner Alrosa, RIA Novosti reported.
An Alrosa employee and two outside associates – one an intermediary and the other who sold the stolen goods – was uncovered by Russian police. The three ring members...
The chairman of Russian oil company Gazprom Neft has said that Organization of Petroleum Exporting Countries (OPEC) and its partners should start increasing oil production to keep the market well supplied and prices reasonable, Reuters reported.
Gazprom Neft’s Alexander Dyukov said a price range of between $55 and $65...
As Lebanon prepares to launch offshore drilling by the end of 2019, the Middle-eastern country’s nascent oil and gas sector could receive investment from Russian and European firms, Energy Minister Nada Boustani has said, according to AFP.
"Several big companies have visited Lebanon," she told the news agency in an...
Corporate jets owned by Russian state-run oil firm Rosneft flew at least 13 times to Mallorca, Ibiza, Sardinia and the Maldives when company head Igor Sechin or people from his social circle were in the same vacation spots, Reuters reported citing publicly available flight data.
The news agency tracked...
Russian and European firms are mulling investments in Lebanon's nascent oil and gas sector as it prepares to launch offshore drilling by the end of 2019, Energy Minister Nada Boustani told AFP in an interview.
"Several big companies have visited Lebanon," she said. "We are talking about Gazprom (Russia), Lukoil...
Russian President Vladimir Putin has approved the government's proposal to support shale gas projects in Venezuela by Russia’s biggest oil company, Rosneft, Vesti Finance reports.
The president signed a protocol on making amendments to the agreement with the country on cooperation in the sphere of implementing joint strategic projects. His...
Russia may resume gas supplies to Ukraine at a price which is 25% lower than the current one, Energy Minister Alexander Novak said at a briefing on the results of negotiations with the European Commission’s Vice President for Energy Union Maros Sefcovic, RIA reports.
"We are ready to ensure...
Russia plans to capture about 20% of the global market by 2035, which would call for a fivefold increase in its liquefied natural gas (LNG) output, energy minister Alexander Novak told the Nikkei Asian Review.
According to him, Russia envisions up to 70% of its LNG exports by then...
U.S. President Donald Trump once again warned Germany against being dependent on Russia for its energy and said he is still considering using sanctions to block a controversial pipeline that would increase gas flows from Russia to Germany, Reuters reports.
“Well, we’re looking at it. People have the right...
Russia and Saudi Arabia are headed toward difficult negotiations over the framework for an extension of their oil output pact, amid uncertainty over oil supply and demand fundamentals, Goldman Sachs has said, according to Bloomberg.
The multinational investment bank’s Head of Commodity Research Jeffrey Currie said in an interview...
