Amid tense U.S.-Russia relations, Moscow is looking to expand cooperation with China, with cross-border banking in the focus, The Financial Times reported.
Russia’s second-largest bank, state-owned VTB, is currently the only lender with a full branch in China. The company plans to double its headcount in Shanghai over the next three...
The United States needs to increase its natural gas exports to Europe to counter Russia's increasing energy dominance in the region, a top Trump administration official warned, according to the Oil & Gas Journal.
Europe is shifting away from coal and the U.S. fears new pipelines from Russia to Europe,...
A project to start exploitation at Russia’s biggest untapped copper deposit is underway, and a company owned by Russian billionaire Alisher Usmanov is in talks to raise $1.25 billion from Russian banks by the start of 2019, Financial One reports.
The company’s chairman said the Baikal Mining Company wants to...
Renewed punitive sanctions of Iran’s oil industry will be unproductive, while the consequences of such a move are unpredictable, Russia’s Energy Minister Alexander Novak has warned United States President Donald Trump, according to the Financial Tribune.
Sanctions are set to be re-imposed on Iran's oil industry on November 4 after...
Iran’s envoy to the Organization of Petroleum Exporting Countries (OPEC) has accused Moscow and Riyadh of “embracing” Washington’s sanctions imposed on the Islamic Republic, Reuters reported.
“Trump's efforts to cut Iran's access to the global crude market has prompted Russia and Saudi Arabia to take the market hostage,” Hossein...
Russian Foreign Minister Sergey Lavrov said Russia and Germany have reiterated their position on the Nord Stream 2 project, following talks with his German counterpart Heiko Maas, RT reports.
"We discussed a number of issues related to energy cooperation. We confirmed our support of the Nord Stream 2 project, which...
Russia's Novatek said on Monday it had signed a framework agreement with Japan Oil, Gas and Metals National Corp (JOGMEC) to cooperate on Novatek's liquefied natural gas (LNG) projects in the north of Russia, Negtegaz reported.
"The parties agreed to explore opportunities to cooperate on Novatek's projects in the Yamal...
Ongoing confrontation between the United States in Russia means that the two countries attempts at energy discussions are likely to fail, Russian experts say.
The negotiations this week between Russia’s Energy Minister Alexander Novak and U.S. Energy Secretary Rick Perry resulted in a formal declaration of intent to continue...
A joint venture consisting of Russian steel and mining company Severstal, state-owned technology investor Rusnano and Spanish company Windar Renovables will be formed in order to begin production of towers for wind turbines, Severstal said on Thursday according to CPV.
The joint venture will be called WRS Bashni LLC and will...
