The Georgian government has accused Russian troops of redrawing a section of the border separating Georgia from its breakaway region ofSouth Ossetia, seizing part of an international oil pipeline as a result.
Oil production in Russia will decrease in 2016 due to the economic sanctions imposed by the European Union and the United States, Fitch Ratings said in its forecast Tuesday.
Continuing its game of redrawing borders, Russia has grabbed a 1.5-kilometer-long slice of a critical oil export pipeline in Georgia for the separatist territory of South Ossetia, leaving Tbilisi, once again, calling ...
Much of Turkmenistan’s future stability will hinge on the specific partner that will replace Gazprom, who was recently declared by the Central Asian country as an insolvent one, Luca Anceschi, lecturer at the British ...
European officials on Friday took a step toward creating a web of natural gas pipelines across the region’s southeast as a way to reduce the threat of Russia choking off supplies.
Russia's plans to drop Ukraine eventually as a route for piping its natural gas to Europe have hit a snag after Russian gas exporter Gazprom called off a deal with Italy's Saipem to build a subsea link to Turkey.
Top Russian oil producer Rosneft has raised the stakes in its battle with Saudi Arabia for market share by securing new Asian markets to hedge against the risk that any new Western sanctions could hit crude sales.
Egypt and Russia's top oil producer Rosneft have signed two initial deals for the supply of petroleum products and liquefied natural gas to Cairo, the two sides said on Tuesday.