German utility RWE said it had closed the sale of its oil and gas production unit DEA to Russian billionaire Mikhail Fridman, confirming what a source familiar with the matter told Reuters earlier on Monday.
MOSCOW, Russian oil output was broadly unchanged in February, at 10.65 million barrels per day (bpd), as a rise in production at smaller producers offset a drop in output from Rosneft and others, Energy Ministry prel ...
Ukraine’s state energy company will cut natural gas imports from Russia to keep the fuel flowing for the next six days as the former Soviet allies prepare for European Union-brokered talks in Brussels on Monday.
A senior Russian official has dismissed Western media reports about Russia's view on a final deal between Iran and the P5+1 group of world powers, saying Moscow has not lost interest in achieving a positive result fr ...
Saudi Arabian Oil Minister Ali Al Naimi discussed Opec and the oil market with officials from Russia and Algeria, Saudi state news agency SPA reported.
Egypt's President Abdel Fattah El-Sisi and Russian President Vladimir Putin have signed an agreement for Russia to construct a nuclear power plant to generate electricity in Egypt, the Ahram Arabic news website repor ...
JSC Gazprom Neft reported start of shale oil production from the Bazhenov formation during tests of two wells in southern Priobskoye field in central western Siberia. Tests are planned for two other wells.