Political scientist and economist Alexander Dudchak estimated the tariff for transit of Russian gas voiced by Ukraine's Naftogaz for 2020-2024, as reported by RIA Novosti.
According to the expert, Kyiv offers only profitable options for itself. The presented calculation is just an attempt to pretend that the Ukrainian company is...
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,"...
As the United States is looking to cut as much Iranian crude oil exports from the market as possible, Russia is getting ready to invest $50 billion in the country’s oil and gas industry, World Oil reports.
“Russia is ready to invest $50 billion in Iran’s oil and gas sectors,”...
Russian state-run energy giant Gazprom announced Friday that it paid $2.9 billion to Ukraine’s national oil company Naftogaz, in line with a major settlement between the two countries reached this week, Unian reports.
After tough negotiations, Moscow and Kyiv struck a deal on Monday to supply Europe with gas through...
Russian state gas producer Gazprom has started direct rail shipments of liquefied petroleum gas (LPG) via a new bridge to the Crimea peninsula which Moscow annexed from Ukraine in 2014, Gazprom executives have said and shipments data showed on Thursday, Reuters reported.
Shipments have started via the road-to-rail bridge, whose...
Russian gas giant Gazprom and its five European energy partners are committed to fully financing the Nord Stream 2 pipeline’s natural gas link to Germany if no external financing is raised, the project company's Chief Financial Officer Paul Corcoran said Friday, according to S&P Global Platts.
"As of September 2018,...
Russia’s state holding company Rosneftegaz has relinquished its controlling stake in the country’s largest oil producer, Rosneft, the company said on Friday, after Rosneft’s exit from Venezuela.
Rosneft disposed of its assets in Venezuela two months ago as the United States stepped up sanctions against the firm, Reuters writes.
Analysts have...
Russia will supply further two reactors the Tianwan nuclear power plant in China's Jiangsu province after Chinese and Russian officials signed a general construction contract on, TASS news agency reported on Tuesday.
In addition, a technical design contract was signed for a second pair of reactors at the Xudabao...
Hungary will continue to import gas from Russia if U.S. energy giant Exxon doesn’t fulfil its promises of investment in a Black Sea project in Romania, Hungary’s Foreign Minister Peter Szijjarto has said, according to Emerging Europe.
Exxon and Austrian energy group OMV's Romanian subsidiary, OMV Petrom SA, have put...
Deteriorating trade relations between the United States and the European Union took another turn for the worse last week after U.S. President Donald Trump imposed steel and aluminum tariffs on America’s allies: Canada, Mexico, and the EU.
Some analysts say this U.S. alienation of EU countries on trade is a...