Kiev has ordered officials to seize Gazprom property and shares in Ukraine under separate rulings by the country’s anti-monopoly authorities, The Irish Times reports.
The move comes after the Arbitration Institute of the Stockholm Chamber of Commerce imposed a $2.56-billion penalty on the Kremlin-owned energy giant over its gas transit...
Crude oil futures increased on Friday following Asian stock markets gains on news that North Korean leader Kim Jong-un will meet with U.S. President Donald Trump, Reuters reported.
After briefing White House officials on talks between Seoul and Pyongyang, South Korea's national security chief said late on Thursday that Kim...
Several Eastern European countries have stepped up their opposition to the planned Nord Stream 2 gas pipeline linking Russia with Germany, VOA News reports.
The project would bring Russian gas directly to Western Europe and double Russia’s capacity to pipe gas across the Baltic Sea to Germany and beyond, to 110...
Russian government ministers and oil industry representatives failed to agree on new measures to prop up oil producers at a meeting headed by Deputy Prime Minister Arkady Dvorkovich on February 27, Kommersant reported, citing company sources.
According to the report, the Energy Ministry’s requirement to slash the oil export duty...
One of Russia’s largest petrochemical companies, Sibur Group, is in talks with Saudi oil giant Aramco to set up a venture to produce synthetic rubber, Reuters reported.
The move, announced by Sibur’s CEO highlights growing cooperation between OPEC leader Saudi Arabia and Russia, the biggest non-OPEC oil exporter. Russia and...
Russia’s Energy Minister Alexander Novak said oil companies from his country could sign contracts with Iran this month that would allow them to work on Iranian oilfields, Reuters reported.
"Over ten different fields. Companies are Gazprom, Rosneft, Gazprom Neft, Zarubezhneft, Tatneft, and Lukoil. These companies made fairly good progress in...
Ukraine’s national gas company Naftogaz said it intends to close its representative office in the Russian Federation, Ukrinform reports.
Naftogaz Chief Commercial Director Yuriy Vitrenko said this at a press briefing on March 5, an Ukrinform correspondent reports.
"This is a technical issue... We wanted to close this office long ago because...
Russia’s Energy Minister Alexander Novak has said that Russian natural gas deliveries to the European Union remain reliable despite the fresh dispute between Russia’s Gazprom and Ukraine’s Naftogaz, Platts reports.
Last week, just hours after an arbitration court had ruled in favor of Naftogaz in a long-running payment dispute between...
Pakistan, once an adversary of Russia, is building military, diplomatic and economic ties with Moscow that could upend historic alliances in the region and open up a fast-growing gas market for Russia’s energy companies, Reuters reports.
Russia’s embrace of Pakistan comes at a time when U.S. influence in Islamabad is...
United States senators have been expressing concerns following a new House committee report which revealed how Russians attempted to use social media to manipulate U.S. energy markets.
It’s the first acknowledgment from politicians that such websites were used to influence U.S. affairs outside political and social discourse, The Hill reports.
“I’m...
