Ukraine could face a fuel crisis and be the main affected party in a feud over oil between Russia and Ukraine, analysts interviewed by Moscow-based newspaper Izvestya say.
Belarus is Ukraine’s main supplier of oil products made from Russian raw materials.
"It is very difficult to find alternative suppliers to Moscow...
London-based precious and base metals exploration and development company Orsu Metals is looking forward to starting operations in Russia’s Zabaykalsky Krai, the company’s director of exploration Alexander Yakubchuk has said in an interview with Investing News.
Yakubchuk and Orsu Metals Managing Director Sergei Stefanovich discussed the company’s property in Russia’s...
German politician Manfred Weber, who is running to become the next President of the European Commission, will try to block the construction of Russia's Nord Stream 2 pipeline if he is elected, he told Polska Times in an interview published on Tuesday.
"I am against this project. It's not in...
Recent problems with the deteriorating quality of oil exported from Russia to Belarus is technical, and will be resolved in the near future, the country’s energy ministry said on Monday, according to S&P Global Platts.
The ministry said that the problem is not linked to recent economic disputes between the...
Gazprom is considering the possibility of acquiring a stake in one of the key producing assets of Argentina’s YPF, the Estacion Fernandez Oro deposit, the Russian state-run gas giant has said, according to Finanz.ru.
"Gazprom Group is considering the possibility of implementing projects in Argentina, including those related to the...
Belarusian state oil company Belneftekhim is considering demanding compensation from Russian oil company Transneft for supplies of below-par quality oil, Belneftekhim’s CEO Andrei Rybakov said on Saturday, according to BelTA news agency.
"All possible consequences will be discussed with Transneft at a forthcoming meeting. The Belarusian side will insist on...
Russian gas giant Gazprom and its partner, Anglo-Dutch energy major Royal Dutch Shell, have signed a memorandum to construct the third production train of the Sakhalin II LNG plant, as well as an agreement of strategic cooperation, the companies said in a press release.
At a meeting in Moscow, the...
Foreign Minister Sergei Lavrov has accused the United States of brazenly meddling in Russia's Nord Stream 2 gas pipeline project, Rossiyskaya Gazeta reports
The Nord Stream 2 project, which aims to pump Russian gas to Germany via a pipeline under the Baltic Sea, is led by Russian state energy firm...
As part of a deal to keep down domestic gasoline and diesel prices, Russia will use about $3.3 billion from its National Wealth Fund this year to compensate the country’s oil firms, a senior finance ministry official said on Friday, according to Reuters.
Alexei Sazanov, head of the finance ministry’s...
Russian Prime Minister Dmitry Medvedev has signed a decree imposing new sanctions on Ukraine, which include a ban on the export of oil, coal and petroleum products and expanding the list of banned Ukrainian goods, RIA Novosti reported.
The new export rules, which will restrict Russian oil exports to Ukraine,...
