Russia | Egypt Oil & Gas - Part 53

Russia in Flurry of Talks with Saudi, OPEC, Latin American Producers

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.

Russia to Swap Food-for-Oil, Export Missiles to Iran

Russia paved the way on Monday for missile system deliveries to Iran and started an oil-for-goods swap, signaling that Moscow may have a head-start in the race to benefit from an eventual lifting of sanctions on Tehran.

Lukoil Mulls Withdrawing from Saudi Gas Due to Oil Prices

Lukoil will likely pull out from Saudi Arabia where the economics of its search for gas have been crushed by the collapse of the oil price, three industry sources said.

Russia’s Gazprom to Collaborate More Closely with Petrovietnam

Gazprom Neft and Vietnam Oil and Gas Group (Petrovietnam) have signed a series of agreements to extend their collaboration activity.

Russia Embracing GCC, Islamic Finance After Oil-Gas Revenues Shrink

Eurasian Economic Union and Silk Route are new areas of growth, Russian Business Council chairman says

Russian Energy Minister: Ukraine to Triple Natural Gas Imports from Russia

Ukraine has asked for 1 bcm of gas imports from Russia in April, trebling the amount it received in March, Russian Energy Minister Alexander Novak said on Saturday.

Gazprom Reports Huge Loss

OAO Gazprom, the world’s biggest natural gas producer, said its 2014 earnings used to calculate dividends fell 70 percent because of a foreign currency loss.

Iran Vociferously Denies it Intends to Store Its Uranium in Russia

A senior Iranian nuclear negotiator categorically rejected an AP report on the transfer of Iran's enriched uranium stockpile to Russia under an imminent deal between Tehran and the six world powers.

Ukraine Update – Oil Tycoon Kolomoisky Fire From Political Post

Ukraine's president fired powerful tycoon Ihor Kolomoisky as a regional governor on Wednesday in a risky move that could affect the internal balance of power and Kiev's fight against Moscow-backed separatists.

IGU Urges Europe to Diversify Their Gas Supply

International Gas Union (IGU) has said that they are advising European Union to diversify its sources of gas supply to secure its energy demand as tensions with Russia, which is one of the main suppliers of gas to Eu ...

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