US warns of sanctions if Nord Stream 2 pipe proceeds
The U.S. stepped up its opposition to the Nord Stream 2 natural gas pipeline linking Russia and Germany, saying the project raises security concerns and that it could draw U.S. sanctions.
Russia
UK may ‘consider’ imposing sanctions on Russian gas post Brexit, warns Boris Johnson
Foreign Secretary Boris Johnson has told MPs that the UK will “consider” imposing sanctions on Russian gas post Brexit.
‘Little evidence’ of Russia’s potential to impact UK gas supply, says analyst
A leading analyst has said there is “little evidence” to support claims that Russia could impact Britain’s gas supply, amid escalating tensions with the country.
Rosneft’s earning rise by almost 10% in 2017
Russian oil giant Rosneft said higher oil prices and increase production helped the company increase its adjusted earnings by almost 10% last year.
Algy Cluff says it’s time to reverse the shift towards gas imports
North Sea veteran Algy Cluff said yesterday the current rocky relations between the UK and Russia highlighted the dangers of Britain relying on foreign gas imports.
Russia’s natural gas is ‘best deal on offer’ for Europe
Russia, embroiled in a deepening rift with the U.K. over the poisoning of a former spy, moved to remind Europe that it’s the most flexible and reliable source of energy needed by the continent.
Putin claims crushing victory in Russian presidential vote
Vladimir Putin has rolled to a crushing re-election victory for six more years as Russia's president.
Russia-linked hackers target US energy sector in new cyberattacks, feds say
Russian government-linked hackers have targeted the U.S. energy industry and other sectors critical to running the economy in a new surge of online attacks since at least March 2016, federal agencies said on Thursday.
May seeks alternatives for Russian natural gas after spy scandal
The spy poisoning scandal in the U.K. is spilling into energy.
Exxon to quit Russian oil ventures frozen by US sanctions
Exxon Mobil said it’s abandoning joint ventures with Russia’s Rosneft PJSC after international sanctions against the nation’s energy sector paralyzed a historic drilling project.
US to become top oil producer by 2019 at latest, IEA says
The US will soon beat Russia to the title of "world's biggest oil producer", the International Energy Agency (IEA) said, according to a news report.
Gas exports to Europe from Russia, Norway at record levels in 2017, Rystad says
Gas exports to Europe from Russia and Norway reached record levels last year, a new report said today.
Russia may invest in Saudi Aramco IPO via fund with China
Russian banks and a joint Russia-China investment fund are eager to participate in Saudi Aramco’s initial public offering, according to the head of a sovereign Russian investment fund.
Plexus sells wellhead units to Russia in £1.4m deal
Aberdeen oilfield technology firm Plexus has sold two sets of wellhead equipment to its Russian partner for £1.4million.
Russian president says US Government’s Putin list is ‘hostile step’
Russian president Vladimir Putin has called a long-awaited US list of Russian businessmen and officials who have flourished under his presidency a "hostile step" that harms relations between Moscow and Washington.
Trump’s White House opts not to punish anyone under new Russia sanctions
The Trump administration has decided not to punish anyone - for now - under new sanctions retaliating for Russia's election-meddling, the State Department has said.
Russian gas return to Ukraine to cost EU traders $1bn
European natural gas traders stand to lose about $1 billion in sales to Ukraine this year.
Opec deal doesn’t stop Russia reaching record oil output in 2017
Russia’s oil industry continued its long-term expansion last year, with production hitting a record even as President Vladimir Putin joined forces with OPEC to clear a global glut and lift prices.
Rosneft spuds well on Black Sea mega licence
Russian oil giant Rosneft has spudded the Maria-1 exploration well in the Black Sea.
Former Russian minister found guilty of taking huge bribe
A former Russian economic development minister has been found guilty of accepting a £1.5 million bribe from a top ally of President Vladimir Putin.
Russian nuclear plant admits to use of isotope behind rise in radioactivity
A senior executive at the Russian nuclear processing plant suspected of being behind a spike of radioactivity over Europe this autumn has admitted that the isotope recorded does emerge as part of the plant's production cycle but said its levels are negligible.
The one indicator Opec must watch
"We will not let go of our current approach until we reach a balanced market," Saudi oil minister Khalid al-Falih said on Monday at a news conference in Riyadh.
Putin blesses multi-billion dollar bet on Russia competing in LNG
As Russia’s President Vladimir Putin oversees the official start of a $27 billion liquefied natural gas plant in the snow-covered tundra of northern Siberia, his mind may wander to its biggest competitor more than 3,000 miles away in Qatar.
Russia begins production on second liquefied natural gas plant
Russia today began production from the Yamal LNG project, the country's second liquefied natural gas (LNG) plant.
OMV completes £1.5bn Siberian gas field purchase
Austrian energy firm OMV has tied up its deal with Uniper for a 24.99% stake in the Yuzhno Russkoye gas field in Western Siberia for £1.5billion.