A financial analyst has been fired in Russia a day after publishing a report saying that Russian gas pipeline contracts are designed to benefit oligarchs allied with President Vladimir Putin, bne IntelliNews reported.
Sberbank CIB analysts Anna Kotelnikova and Alexander Fak’s report said that the decisions of state-run energy firm Gazprom...
After stopping purchases from the U.S., the world's largest producer, China has tripled supplies of soybeans from Russia in recent months amid trade tensions with the U.S., Bloomberg reported.
According to Russian trade data, the country sold 850,000 metric tons of soybeans to China between July 2017 and mid-May this year....
The subcontractors of Russia’s top gas producer, Gazprom, among them billionaires Arkady Rotenberg and Gennady Timchenko, are the ‘big winners’ from the gas giant’s projects, a recent report by Sberbank analysts has said.
The state gas company’s projects to construct export-oriented pipelines like the Power of Siberia, Nord Stream 2...
Bulgarian president Rumen Radev has said that his country expects a review of the possibility of direct gas supplies from Russia via the Black Sea. Speaking on Monday after a meeting with Russian Prime Minister Dmitry Medvedev, Radev called the security of energy supplies very important for Sofia and...
India’s Prime Minister Narendra Modi is set to meet Russian President Vladimir Putin on Monday for an informal summit in Sochi, seen as an important meeting between the two leaders, The Indian Express reported.
Various issues, including nuclear power deals between Russia and India, will be discussed, according to the...
The planned Nord Stream 2 pipeline is a commercial venture Russia finds profitable and Moscow will defend it despite Washington opposing the project, Russian president Vladimir Putin said after a meeting with German Chancellor Angela Merkel on Friday.
“We have always treated this project as a purely commercial one, a...
Russia’s Kola Mining and Metallurgical Company which operates in the Murmansk Region as part of giant Nornickel, is working on modernization of its facilities estimated at 25 billion rubles ($400 million), the press service of the Murmansk Region’s government said on Friday.
The announcement comes following a visit of the...
Germany’s Economy Minister Peter Altmaier accused Washington of seeking to block the planned Nord Stream 2 gas pipeline between Russia and Germany to shore up its own exports, Reuters reported.
The statement comes after the U.S. warned that the project may be subject to sanctions by Washington. On Thursday, U.S. Deputy...
An increasing number of Russia’s valuable oil wells lie idle, opening up a tough dilemma for the top producer country ahead of talks with OPEC to renew a production cut deal meant to keep prices high, Bloomberg reports.
According to a report by Citigroup Inc. published on Wednesday, almost 4 percent...
Actions by Russia and Saudi Arabia may be needed in the global oil market to prevent a possible rise in prices towards $100 per barrel after the U.S. sanctions are re-imposed on Iran, commodity strategist Helima Croft told CNBC on Tuesday.
The loss of Iranian oil may mean that producers like...
