Edition:
United States

Vladimir Soldatkin

Russia, in rare U-turn after public anger, drops case against journalist

Jun 12 2019

MOSCOW Russian police abruptly dropped drugs charges on Tuesday against journalist Ivan Golunov, a rare U-turn by the authorities in the face of anger from his supporters who had alleged he was framed for his reporting and had threatened to stage a mass protest in Moscow. | Video

Wintershall Dea seeks European IPO in second half 2020: CEO

Jun 11 2019

ST PETERSBURG Newly created oil and gas group Wintershall DEA plans to hold an initial public offering in the second half of the next year, its chief executive told Reuters, in a deal that could become one of the largest European listings in 2020.

Russia says still a risk of excessive oil output, sharp price fall

Jun 10 2019

MOSCOW There is a still a risk that oil producers pump out too much crude and prices fall sharply, Russia's energy minister said on Monday, suggesting Moscow might support an extension of output cuts at a meeting of leading oil producing countries next month.

Putin to Britain: Let's forget about the Skripal poisoning

Jun 06 2019

ST PETERSBURG/MOSCOW Russian President Vladimir Putin said on Thursday he hoped Britain's next prime minister would forget about the poisoning of a former double agent in England last year in order to improve battered ties.

Putin says Russia disagrees with OPEC on fair oil price

Jun 06 2019

ST PETERSBURG President Vladimir Putin said on Thursday Russia had differences with OPEC over what constituted a fair price for oil, but that Moscow would take a joint decision on output with OPEC colleagues at a policy meeting in the coming weeks.

Russia's May oil output hits 11-month low on dirty oil crisis

Jun 02 2019

MOSCOW Russian oil output fell to 11.11 million barrels per day (bpd) in May, its lowest level since June 2018, from 11.23 million bpd in April, Energy Ministry data showed on Sunday.

Tainted oil set for Russian refineries, ports after dilution: sources

May 31 2019

MOSCOW More than a million tonnes of contaminated oil from Russia's Druzhba ("Friendship") pipeline, expected to be shipped back from Belarus, will end up at Russian refineries and export ports after being diluted to usable levels, sources have told Reuters.

Saudi Arabia says oil producers want to reduce inventories

May 19 2019

JEDDAH, Saudi Arabia Saudi Energy Minister Khalid al-Falih said on Sunday there was consensus among OPEC and allied oil producers to drive down crude inventories "gently" but his country would remain responsive to the needs of what he called a fragile market.

Saudi energy minister recommends driving down oil inventories, says supply plentiful

May 19 2019

JEDDAH, Saudi Arabia, May 19 Saudi Arabia's energy minister said on Sunday he recommended driving oil inventories down and that global oil supplies were plentiful.

Exclusive: Saudi's Falih says sees no oil shortage, but OPEC to act if needed

May 18 2019

JEDDAH, Saudi Arabia Saudi Arabia's Energy Minister Khalid al-Falih said on Saturday that he saw no oil supply shortage as global oil inventories are still rising, particularly from the United States, but OPEC will be responsive to the oil market's needs.

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