U.S. oil prices settled slightly lower from three-and-a-half year highs on Thursday amid high output from Russia, the United States and Saudi Arabia, despite unplanned supply disruptions elsewhere and record demand, Reuters reported.
U.S. West Texas Intermediate (WTI) crude futures were at $72.54 a barrel at 0253 GMT, down 22...
Russia can offer Tehran a lifeline by agreeing to accept its oil in exchange for goods, as Washington has requested the suspension of Iranian oil imports through November 2018, Nezavisimaya Gazeta reports.
Nonetheless, experts interviewed by the newspaper do not expect global players to cut down on crude purchases from...
Russia and France are successfully cooperating in the nuclear sector and are convinced it has good perspectives globally Alexei Likhachev, the CEO of Russia’s state nuclear corporation Rosatom said in an interview with France’s Le Figaro on Thursday.
"We maintain partner relations with France in various regions of the world. Apart...
Bulgaria launched a tender today on Wednesday for a new gas link with Turkey in a push to persuade Russia to extend the second part of the TurkStream pipeline to its border rather than Greece, Reuters reported.
Sofia has engaged in a flurry of diplomacy with Moscow and Istanbul in recent...
Twelve industrial centers in ten Russian regions have pledged to reduce atmospheric emissions by 20% by 2024 under the Ecology national project, TASS reported.
According to the press office of Russia’s Natural Resources Ministry, Ramil Nizamov, deputy Head of the Federal Service for the Supervision of Natural Resources (Rosprirodnadzor), told...
Energy issues and U.S. sanctions on Russia were discussed at a meeting in Washington between Russian Energy Minister Alexander Novak and U.S. Treasury Secretary Steven Mnuchin, EG.ru reported.
"We met. We discussed energy issues, among other things. We touched upon questions related to sanctions," Novak said in a press briefing...
Three-way negotiations on gas between Russia and Ukraine with the participation of the European Commission can take place in mid-July, after the EU-Ukraine summit, sources told business newspaper Kommersant.
Russia’s Energy Minister Alexander Novak and the EC’s Vice President Maros Sefcovic might set the exact date for June 26, the...
Bolivia will begin construction of a nuclear research center next month in cooperation with the Russian atomic energy corporation Rosatom, TelesurTV reported.
The Latin American television channel notes that the Center will conduct research of radiation technologies in the field of agriculture and medicine.
“The project is ready for launch. It looks...
Lider CJSC, which belongs to Gazfond and Gazprombank, is the new owner of the Dunes sanatorium in the Gulf of Finland and a 37.7-hectare land plot on which it is located, Polit reports.
The new owner of the asset, formerly owned by Andrey Molchanov’s development group LSR Group, was registered...
Russia’s oil production in 2018 could rise to more than 550 million tons, taking into account the decision by the Organization of Petroleum Exporting Countries (OPEC) to increase production, Russian Energy Minister Alexander Novak told reporters.
"I think it will be 550 million tons," he said, according to RBC.
Novak added...
