Russia may lose 160 billion dollars due to low barrel price
Russia would lose some 160 billion dollars over a year due to lower barrel price, Central Bank Governor Elvira Nabiullina…
Russia may cut its oil output by 10%
Russia may see a natural decline in oil output by around 1 million barrels per day (bpd) at most but…
Oil-driven Russia downturn negatively affects emerging economies
###author### The average European Bank for Reconstruction and Development (EBRD) growth is now seen negative for 2015, while oil price…
Things to watch in 2015’s energy (Radu Dudău, Energy Policy Group)
The major trends of 2015’s world energy have been largely set in the second half of 2014. Undoubtedly, the stunning…
Brent crude fell below 49 dollars per barrel
The price of a barrel of Brent crude oil fell below 49 dollars on Monday, for the first time since…
Brent crude reached 53.5 dollars per barrel
Brent oil price fell below 55 dollars a barrel, a new low last registered in May 2009, due to increasing…
Russia counterstrikes OPEC, keeps oil production up in 2015
Russia, the world’s biggest energy exporter, does not plan to cut oil production to shore up prices, Rossiya 24 television…
Sanctions-hit Russia will build 10 new nuclear reactors in India
Russia will build 10 more nuclear reactors in energy-starved India, Prime Minister Narendra Modi said Thursday, after talks with President…
Russia resumed gas flow to Ukraine
Russia resumed gas flows to Ukraine on Tuesday after halting them six months ago in a dispute over prices and…
Italy casts doubt on South Stream gas pipeline
An Italian minister on Wednesday cast doubt on the future of Russia’s South Stream gas pipeline project, which was already…
Lukoil to invest in a Nigerian project with Chevron
Russia’s second-largest oil company, privately controlled Lukoil, said on Friday it planned to invest in Nigeria with U.S. oil major…