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18.06.2015 Russia, Saudi Arabia to Discuss Broad Oil Cooperation Agreement

The oil ministers of Russia and Saudi Arabia plan to discuss a broad cooperation agreement on Thursday at an economic forum in St Petersburg, two sources told Reuters.

15.06.2015 June 2015

11.05.2015 Russia's Rouble Crisis: Temporary or Definite Turnaround?


Last year’s decline of Brent oil prices and its continuation in early 2015 brought about the plunge of the ruble against U.S. dollar and euro. The drop was also spearheaded by the Western sanctions on Russia that have spurred capital flight.

16.04.2015 Reuters: Russia, Reeling from Cheap Oil, Talks up OPEC Ties

Russia has been holding active, "unprecedented" consultations with the Organization of Petroleum Exporting Countries, a senior official said on Wednesday, a clear signal of Moscow's strive for higher oil prices, Reuters reported.

06.04.2015 Russian Oil Output In March Hits New Post-Soviet High

Russian oil output edged up 0.6 percent in March to a post-Soviet high of 10.71 million barrels per day on increased production at Gazprom and Rosneft, Energy Ministry data showed on Thursday, writes Reuters.

06.04.2015 China, Russia Set to Finalise Gas Agreement

China and Russia are set to finalise an agreement later this year on piped gas from Western Siberia. The natural gas deal would, if completed, see 30 billion cubic metres of gas per year supplied from Russia’s Altai region.

01.04.2015 Russia Extends Winter Package of Gas Prices for Ukraine

Russia is again offering Ukraine a $100 discount per 1,000 cubic meters of gas, extending the so-called winter package into the second quarter.

23.03.2015 US Wants to See Turkey ‘On the Same Page’ on Russian Gas

Russia is using natural gas as a political tool and the United States needs to know if it is “on the same page” with Turkey regarding Russia’s actions, a top U.S. energy envoy has said.

23.03.2015 Ukraine Buys Only 30% of Natural Gas in Russia — Finance Minister

Ukraine is currently buying only 30% of natural gas in Russia, Ukraine’s Finance Minister Natalia Yaresko said Friday.

16.03.2015 Belarus Refusing to Supply Oil Products to Russia in Agreed Amounts — media

Belarus refuses to supply petroleum products to Russia in the amounts agreed earlier, the Vedomosti newspaper has reported, citing officials and a source familiar with the discussion.