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Russia’s Federation Council to rubberstamp Turkish Stream

A project spearheaded by Russian gas monopoly Gazprom to supply with gas the lucrative Turkish market and possibly Europe could be rubberstamped by Russia’s...

Arrest of Russia’s top economic official highlights power struggle

Russia’s Economic Development Minister Alexey Ulyukayev was detained earlier this week on suspicion of taking a $2 million bribe that allowed Russian oil giant...

Ukraine Court rebuffs Gazprom fine appeal

The Supreme Economic Court of Ukraine on July 13 reportedly dismissed Gazprom’s appeal against a $3.4 billion fine. In January, Ukraine’s Antimonopoly Committee (AMCU)...

Despite low oil prices, Russia makes fresh Arctic bid

Russia has reportedly submitted to the United Nations an updated bid for the extension of the continental shelf in the Arctic Ocean. Russian Minister...

Falling Oil Prices Force Russia to Shelve Rosneft Projects

Growing pressure on Russian government resources as oil prices slide to six-year lows has prompted Economy Minister Alexei Ulyukayev to announce that the government...

Scotland, Crimea, East Ukraine Eye Energy On Independence

North Sea oil and natural gas reserves are expected to become a major financial asset for Scotland on independence, Scottish Finance Secretary John Swinney said late...

Putin: “Dasvidaniya” EU, “Ni Hao” China

Cornered by western sanctions, Russian President Vladimir Putin oversaw the signing of a massive 30-year deal between Gazprom and China's CNPC on 21 May that...

Ukraine-Russia Lovefest Won’t Slow South Stream

The rapprochement between Moscow and Kiev, following a deal to provide Ukraine with a $15 billion loan and a gas price reduction from about...

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