Moscow

Russian Firms Should Work in US, American in Russia: Moscow

Moscow wants Russian firms to do business in the United States, and American companies to work in Russia, Minister-Counselor of the Russian Embassy in the United…

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asia-oil-market

Russian energy minister expects oil market to stabilize by mid-year

Oil market will stabilize by the middle of 2017 when world’s oil balances in storages will reach the 5-year average…

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Pakistan Clears Russian Firm For $2bn LNG Pipeline Contract

The Ministry of Law has given the go-ahead for the award of $2 billion liquefied natural gas (LNG) pipeline contract…

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Putin paves way for state stake sale in Bashneft

Russia can now sell its stake in mid-sized oil producer Bashneft after President Vladimir Putin excluded the company from a…

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Novatek Q1 profit surges on higher sales volume

Russia’s second-largest natural gas producer Novatek said its first quarter net profit rose to 115.9 billion Russian rubles from 31.08…

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Ukraine court rules against Gazprom in US$3.37B fine case

Russian giant Gazprom has failed in its bid to convince a court in Ukraine to reverse a US$3.374 billion fine…

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Russia plans to launch global oil, gas market review

The Russian Energy Ministry is looking to come up with its own review of the global oil and gas market,…

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Yamal LNG inks €3.6B credit agreement with 2 Russian banks

Yamal LNG signed a €3.6 billion credit line agreement with Russian banks Sberbank and Gazprombank to fund construction of a…

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Russia’s Lukoil not interested in buying 25% stake in Bashneft

Russia’s oil major Lukoil is not interested in acquiring a 25% stake in oil producer Bashneft, Russian news agency TASS…

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Russia’s Mechel to sell 49% stake in Elga coking coal project to Gazprombank

Russia’s mining and metals company, Mechel PAO, announced April 4 that it signed an agreement to offer Gazprombank AO an…

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News in brief: April 1, 2016

* Energy-hungry India has become the first Asian country to import U.S. shale gas after state-owned GAIL India booked a…

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