Edition:
United States

Olesya Astakhova

Exclusive: Rosneft postpones hydrocracking upgrade at five refineries: sources

Mar 07 2019

MOSCOW Russia's Rosneft is postponing an upgrade of hydrocracking units at five of its refineries, meaning the company will continue paying higher export taxes on the heavy products they produce, three sources told Reuters on Thursday.

Ford considers closing two Russian plants: sources

Mar 05 2019

MOSCOW Ford Motor Co is considering closing two plants in Russia as part of its global plan to restructure operations in unprofitable regions, three industry sources told Reuters.

UPDATE 1-Russia's Lukoil expects oil prices to stay relatively high

Feb 27 2019

MOSCOW, Feb 27 The head of Lukoil, Russia's No. 2 oil producer, said on Wednesday oil prices are likely to remain "relatively high" due to underinvestment after a 2014 slump, while a global deal to cut output was helping to keep prices "acceptable".

Exclusive: Russia's Sechin raises pressure on Putin to end OPEC deal

Feb 08 2019

MOSCOW Igor Sechin, head of Russian oil giant Rosneft and one of Vladimir Putin's closest allies, has written to the Russian president saying Moscow's deal with OPEC to cut oil output is a strategic threat and plays into the hands of the United States.

Rosneft upbeat on Venezuela, sees oil output rising in 2019

Feb 05 2019

MOSCOW Russia's largest oil producer Rosneft said on Tuesday the political upheaval in Venezuela was only temporary, while the country had cut its debt, and expected its own total oil output to grow in 2019.

Russia and Turkey to act to stabilise Syria's Idlib province - Putin

Jan 23 2019

MOSCOW Russian President Vladimir Putin held talks with Turkish President Tayyip Erdogan on Wednesday after which the Russian leader said the two men had discussed how they planned to stabilise the situation in Syria's Idlib province.

Russia and Turkey to act to stabilize Syria's Idlib province: Putin

Jan 23 2019

MOSCOW Russian President Vladimir Putin held talks with Turkish President Tayyip Erdogan on Wednesday after which the Russian leader said the two men had discussed how they planned to stabilize the situation in Syria's Idlib province.

Russia says unpredictable U.S., protectionism behind oil price volatility

Dec 27 2018

MOSCOW Rising protectionism and trade wars and the unpredictability of the U.S. administration have greatly contributed to global oil price volatility over the past two years, Russian Energy Minister Alexander Novak said on Thursday.

Russia plays down idea of forming joint organisation with OPEC given U.S. sanctions risk

Dec 27 2018

MOSCOW It is highly unlikely that OPEC and other oil producers would set up a joint structure due to the additional red tape it would create as well as the risk of U.S. monopoly-related sanctions, Russian Energy Minister Alexander Novak said on Thursday.

Russia says unpredictable U.S., protectionism behind oil price volatility

Dec 27 2018

MOSCOW, Dec 27 Rising protectionism and trade wars and the unpredictability of the U.S. administration have greatly contributed to global oil price volatility over the past two years, Russian Energy Minister Alexander Novak said on Thursday.

World News

Democrats push for release of full Mueller findings, Trump lawyer balks

A fierce fight was brewing on Monday over how much of Special Counsel Robert Mueller's Russia investigation findings should be made public, with Democrats demanding a full release and a lawyer for President Donald Trump already saying key information - Trump's written responses in the inquiry - must be withheld.