The European Parliament passed draft rules on Wednesday to extend EU’s internal energy market laws to offshore gas pipelines such as Russia’s planned Nord Stream 2 link to Germany, Reuters reported.
The Parliament’s industry committee voted 41 votes to 13 in favor of the European Commission’s proposal, with 9 abstentions.
In...
Russian First Deputy Prime Minister Igor Shuvalov has hinted that the Cabinet has a miraculous plan to unleash economic growth and led the country out of the crisis, Nezavisimaya Gazeta reported.
According to the newspaper, the proposed moves, which will include tax reforms, are expected to be made public within...
The United States, which plans to become Russia’s major competitor in the European gas market, has become a net gas exporter for the first time in 60 years, Moscow business newspaper Kommersant reports.
In recent years, the U.S. has systematically increased production, expanding pipe gas supplies to Mexico and Canada,...
A Russian businessman recently filed a lawsuit against search giant Google after the company revealed it’s going to ban cryptocurrency-related ads in June, Bitcoin.com reported. Vladimir Orekhov is seeking a 2 billion ruble ($35 million) compensation from Google’s legal entity in Russia for causing him and his businesses “moral...
The continuation of an economic policy that has seen a major spike in foreign investment in Russia will be ensured by Vladimir Putin’s re-election as President of Russia the head of the Russian Direct Investment Fund has said.
"Since the elections are over, it will allow institutional investors to actively...
The mysterious rise and apparent fall of China's largest private oil company have raised a host of questions for the government and relations with Russia, analysts say.
Questions have been swirling around the investment empire of CEFC China Energy Company Ltd. since March 1 when Chinese media reported that its...
Russia would never have been able to conduct “information warfare” against the United States in the way it did in the 2016 presidential election without Facebook, Twitter and Google. The latest allegations — that a Trump campaign consulting firm with Russian connections used improperly obtained Facebook data on tens...
Russia is committed to seeing its pact with OPEC (Organization of Petroleum Exporting Countries) through to completion, whether that means starting discussions about a phase-out at the next meeting in June or prolonging output cuts into 2019, said Energy Minister Alexander Novak.
"As soon as the ultimate goal of our deal...
On the same day as Theresa May delivered a key speech threatening sanctions against Russia over the poisoning of a former spy and his daughter, Russian state-owned gas giant Gazprom raised nearly a billion dollars using the City of London money markets, according to British media reports.
In a separate deal,...
U.S. President Donald Trump has lashed out at the special counsel who is investigating his campaign’s links to Russia in a furious attack against its alleged political bias, PBS reported.
For the second straight day, Trump was unrestrained in his commentary about Robert Mueller's expanding investigation, which is probing not only...
