Polish Foreign Minister Jacek Czaputowicz has said he believes the United States will back his country’s efforts to block the controversial Nord Stream 2 pipeline opposed by Warsaw, TVN24 reports.
Czaputowicz spoke about Nord Stream 2 with U.S. Ambassador to the UN Nikki Haley in New York on Monday.
If built,...
The Russian ruble pushed up on Tuesday, supported by higher oil prices and a decision by the U.S. Treasury to give investors more time to comply with sanctions against Russia's aluminum giant, Reuters reported.
Russian markets have been extremely volatile since the United States hit Moscow with new sanctions in...
Global oil prices hit their highest levels since late 2014 in early trading Tuesday, pushed up by expectations of renewed U.S. sanctions against Iran and as OPEC continues withholding supplies amid strong demand, Reuters reported.
Brent crude futures LCOc1, the international benchmark for oil prices, climbed as high as $75.20...
Russia’s Supreme Court has ordered the St. Petersburg City Court to review an appeal against blocking bitcoininfo.ru, a cryptocurrency website, according to RAPSI, the court’s press service.
In 2016, the Vyborgsky District Court of St. Petersburg granted a prosecutorial request to block the website, according to the court. The court...
Russia’s gas giant Gazprom plans to construct a gigantic gas processing plant on the Baltic Sea in partnership with RusGasDobycha, a company previously owned by businessman Arkady Rotenberg, Moscow business daily Vedomosti reported citing sources in the industry.
The cost of the project, planned to have an annual capacity of up...
Russian state-owned gas monopoly Gazprom and Saudi giant Aramco signed an Addendum to a Memorandum of Understanding, aiming to widen the possible areas of cooperation between the companies, Oil Price reported. The document was signed during a working meeting between Gazprom CEO Alexey Miller with Saudi Energy Minister Khalid...
The dollar held its gains on upbeat U.S. economic data and equities edged up, whetting investors’ appetite for risk and ending a three-day gold rally on Wednesday, Investing.com reported.
"The announcement by China of new import tariffs on US sorghum raised concern that a trade war was still a risk,"...
The Organisation of Petroleum Exporting Countries (OPEC) and Russia will meet in Saudi Arabia this week after successfully curbing an oil glut that threatened their economies. While looming political crises threaten to tighten supplies further, the group seems determined to keep its cuts in place, Platts reports.
Almost 16 months of...
The Russian government has ordered Roscosmos (the nation’s space corporation) and Rosatom (the country’s nuclear energy corporation) to impose a temporary ban on signing legally binding documents with foreign companies from those countries that slapped sanctions on Russia or supported the restrictions, Kommersant business daily reports.
Deputy Prime Minister Dmitry Rogozin...
Germany’s Economy Minister Peter Altmaier said his country’s aim with respect to the planned new Nord Stream 2 gas pipeline from Russia is to enable private infrastructure projects while protecting the justified interests of Ukraine, Reuters reported.
Altmaier was speaking at a joint news conference with European Energy Commissioner Maros Sefcovic,...
