Moscow is ready to have consultations with Kiev to preserve the gas transit from Russia to the European Union via Ukraine after the Nord Stream 2 gas pipeline is put into operation, Russia’s foreign minister Sergei Lavrov has said.
Speaking at a news conference in Moscow after his meeting with...
Unexpectedly high oil prices have filled up Russia’s state coffers and opened a possibility of the country running a budget surplus in 2018, for the first time in seven years, Investing.com reported citing a draft budget law.
The finance ministry's draft shows Russia could post a budget surplus of 0.45...
Russia’s state nuclear agency Rosatom has started work on the second phase of the project to build the Bushehr Nuclear Power Plant in southern Iran, The Tehran Times reported.
"Soil stabilization works under the reactor building of power unit No 2 commenced at Bushehr-2 Nuclear Power Plant construction site," Russia’s RIA...
Qatar wanted higher returns on its existing stake in Russia’s state-owned oil company Rosneft before it bought more, sources familiar with the negotiations held in the past few months told Reuters.
The request from the Qatari delegation was one of the triggers which prompted Igor Sechin, the head of Rosneft...
The proposed Nord Stream 2 natural gas pipeline via the Baltic Sea to Germany would offer costs far lower than those incurred by routing gas via Ukraine, Reuters reported.
Nord Stream 2 is the subject of continuing controversy and intense geo-political interest, with its opponents arguing the project will increase Europe’s...
The Polish antitrust and consumer protection watchdog will file charges against Russia’s state-owned gas giant Gazprom and five companies financing the Nord Stream 2 pipeline, Bloomberg reported.
Poland has fiercely opposed the second Nord Stream pipeline which is planned to bring gas directly from Russia to Germany, Europe’s biggest market...
Economy Minister of Germany Peter Altmaier will visit Ukraine and Russia next week to discuss the Nord Stream 2 project, Handelsblatt reports.
"Federal Economy Minister Peter Altmaier intends to visit Ukraine and Russia in the near future," a statement from the ministry said, according to the newspaper.
In particular, on Sunday...
Russian independent gas producer Novatek wants to secure the Arctic LNG project for the production of liquefied natural gas from possible sanctions risks, Leonid Mikhelson, the company's CEO, told reporters.
"Our next project, we are working at and where we are going to decide on investments next year and are...
A settlement between the European Union and Russian gas giant Gazprom that would see the company enter binding pledges to put an end to a seven-year-old antitrust investigation could be announced as soon as this month, The Wall Street Journal reported.
On Friday, EU antitrust officials consulted experts from member states...
China’s CEFC has abandoned plans to buy $9 billion stakes in Russian oil giant Rosneft, with the Qatari sovereign wealth fund and Swiss mining company Glencore choosing to cancel the deal.
The Qatari Investment Authority will now own 18.93% of Rosneft, becoming the third-largest shareholder after the Russian state and...
