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Olesya Astakhova

Rosneft switches contracts to euros from dollars due to U.S. sanctions

Oct 24 2019

VERONA/MOSCOW Russia's largest oil company Rosneft has fully switched the currency of its contracts to euros from U.S. dollars in a move to shield its transactions from U.S. sanctions, its Chief Executive Igor Sechin said on Thursday.

Rosneft's Sechin: Saudi oil site attacks hit kingdom's status as a reliable supplier

Oct 24 2019

VERONA, Italy September attacks on Saudi oil assets have created doubts about Saudi Arabia's status as a reliable oil supplier, Igor Sechin, Chief Executive of Russia's Rosneft , said.

OPEC, allies to mull deeper oil cut amid worries over demand growth

Oct 22 2019

DUBAI/MOSCOW/LONDON OPEC and its allies will consider whether to deepen cuts to crude supply when they next meet in December due to worries about weak demand growth in 2020, sources from the oil-producing club said.

Russia says 'unacceptable' Turkish incursion into Syria must be temporary

Oct 15 2019

ABU DHABI/MOSCOW Russia called Turkey's military incursion into northeast Syria "unacceptable" and said on Tuesday the operation had to be limited in time and scale, a rare broadside that suggests Moscow's patience with Ankara is wearing thin.

Kremlin tells Turkey to ensure Syria operation is proportionate

Oct 14 2019

RIYADH/MOSCOW The Kremlin complained on Monday that Turkey's incursion into northern Syria was "not exactly" compatible with Syrian territorial integrity, and Ankara should ensure its actions were proportionate.

Saudi visit signals Putin's growing Middle East influence

Oct 14 2019

RIYADH President Vladimir Putin signaled Moscow's growing Middle East clout on Monday on his first visit to Saudi Arabia in over a decade, buoyed by Russian military gains in Syria, strong ties with Riyadh's regional rivals and energy cooperation.

UPDATE 1-Saudi oil output seen at 9.86 mln bpd in Oct, Nov -energy minister

Oct 14 2019

RIYADH, Oct 14 Saudi Energy Minister Prince Abdulaziz bin Salman said on Monday that the country's oil output will recover to 9.86 million barrels per day in October and November, after it declined last month following attacks on its energy installations.

Saudi visit showcases Putin's growing Middle East influence

Oct 14 2019

* First trip in 12 years comes amid heightened regional tensions

Putin offers to help ease Gulf tensions before Saudi trip

Oct 13 2019

RIYADH Russia can play a positive role in easing tensions in the Gulf following a spate of attacks in the region, President Vladimir Putin said in comments published on Sunday before his first visit to Saudi Arabia in over a decade.

Putin says no reliable information about who attacked Saudi oil plants

Oct 13 2019

RIYADH/DUBAI Russian President Vladimir Putin said before his first visit to Saudi Arabia in more than a decade that Moscow could play a key role in easing regional tensions given its good ties with Sunni Muslim Gulf Arab states and Shi'ite Iran.

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