For years, Russia has worked to gain influence in Southeast Europe, using Serbia as a foothold to establish a friendly pocket on a hostile continent.
The European Union finally is pushing back. European Commission President Jean-Claude Juncker is embarking on a seven-nation Balkans tour Sunday to promote the EU's new...
Ukraine and Moldova have stepped up their criticism of the Nord Stream 2 gas pipeline project – a Russian venture intended to bring Russian gas directly to Germany.
Andriy Parubiy, the Ukrainian parliament speaker has said the real nature of the Nord Stream 2 pipeline project is far from being...
Russia should stick with output cuts even at the cost of losing market share in the medium term, and should avoid an oil price war against the United States, the head of Russia’s sovereign investment fund, RDIF has said according to Kommersant.
Kiril Dmitriev, who is one of the main Russian...
Rosatom, Russia’s state-owned atomic energy corporation, has concluded a number of agreements on cooperation with China in the field of nuclear energy, Kommersant business daily reported.
“Within the signed package of intergovernmental agreements in the nuclear area, framework contracts have also been concluded... for the construction of Tianwan NPP power...
One of the companies financing the controversial Russian Nord Stream 2 pipeline, Austria’s energy group OMV, is optimistic Denmark will approve the project next year and the new gas transport route will start operations in late 2019, RIA news agency reports.
OMV’s chief executive Rainer Seele said in a telephone call...
The largest manufacturer of steel pipes for the oil and gas industry in Russia, TMK, has agreed on selling its U.S. branch IPSCO Tubulars Inc. for $1.2 billion to Italy’s Tenaris, RBC reported citing the companies’ press service.
The sum does not include IPSCO’s funds and the debt, the size...
United States Energy Secretary Rick Perry said on Tuesday that a sanctions bill putting tough sanctions on companies involved in Russia’s Nord Stream 2 project would come in the “not too distant future,” the Financial Times reports.
The gas pipeline project is criticized by the United States and several eastern...
Saudi Arabia and Russia are working on a long-term deal to extend their alliance on oil curbs that began in January 2017, after a crash in crude prices, Al Jazeera reports.
Saudi Arabia has led the Organization of the Petroleum Exporting Countries (OPEC) and allies outside the cartel to join...
Italy’s oil and gas giant, Eni, and its national gas transport operator Snam are ready to consider investing in the extension of the Turkish Stream project and natural gas delivery through Bulgaria to Austria, Eni CEO Claudio Descalzi and Snam CEO Marco Alvera have said.
According to Interfax, the two...
London-based precious and base metals exploration and development company Orsu Metals is looking forward to starting operations in Russia’s Zabaykalsky Krai, the company’s director of exploration Alexander Yakubchuk has said in an interview with Investing News.
Yakubchuk and Orsu Metals Managing Director Sergei Stefanovich discussed the company’s property in Russia’s...
