GORKY, Russia, Sept 18 Russian Energy Minister
Alexander Novak said on Tuesday that current high oil prices of
between $70 and $80 per barrel were temporary and were mainly
driven by sanctions, adding that the long-term price would stand
at around $50 per barrel.
GORKY, Russia Russian Energy Minister Alexander Novak said on Tuesday that current high oil prices of between $70 and $80 per barrel were temporary and were mainly driven by sanctions, adding that the long-term price would stand at around $50 per barrel.
VLADIVOSTOK, Russia President Vladimir Putin said on Wednesday Russia had found the two men accused by British prosecutors of trying to murder ex- Russian spy Sergei Skripal and his daughter Yulia in Britain, but that there was nothing criminal about them. | Video
VLADIVOSTOK Global oil markets remain "fragile" due to geopolitics and production declines in several regions, Russia's energy minister said on Wednesday, but added his country could raise output if needed.
VLADIVOSTOK, Russia China's largest e-commerce firm, Alibaba Group Holding Ltd has joined forces with a state fund and two technology firms in Russia, hoping that access to their client base of more than 100 million people will boost its development.
VLADIVOSTOK Russian natural gas producer Gazprom is revisiting plans to build a pipeline to South Korea across North Korea after noting signs of easing tensions on the Korean peninsula, a Gazprom executive said on Tuesday.
VLADIVOSTOK, Russia Plans by Russia's power company Rushydro to join a new aluminum smelter project that Rusal wants to build in Siberia, have been complicated by international sanctions, Rushydro's head Nikolai Shulginov said on Monday.
MOSCOW Russia's oil industry is awash with cash and will be able to withstand the planned 1 trillion rubles ($15 billion) in extra taxes over the next six years, Alexei Sazanov, the head of the tax department in the finance ministry, said in an interview.
MOSCOW Russia wants to curtail duty-free oil product flows to Belarus and is seeking a more transparent oil deal with the neighboring country, Alexei Sazanov, head of the tax department in the Russian finance ministry, said in an interview.
* Belarus has oil product surplus thanks to supplies from