Edition:
United States

Vladimir Soldatkin

UPDATE 1-Russia: current oil price sanctions-driven, seen at $50/bbl long-term

Sep 18 2018

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.

Russia: current oil price sanctions-driven, seen at $50/bbl long-term

Sep 18 2018

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.

Putin says Russia has found men accused by UK over poisoning

Sep 12 2018

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

Russia warns of 'fragile' oil market due to geopolitics, but says it can raise output

Sep 11 2018

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.

Alibaba takes joint venture route to Russia expansion

Sep 11 2018

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.

Russia's Gazprom revives Korean gas pipeline idea amid easing tensions

Sep 11 2018

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.

Russia's Rushydro says sanctions cloud prospects for joining Rusal's smelter

Sep 10 2018

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.

Russia's oil industry can shoulder extra taxes, finance ministry says

Sep 03 2018

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.

Russia wants to curb fuel exports to Belarus, seeks more transparent oil deal

Sep 03 2018

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.

INTERVIEW-Russia wants to curb fuel exports to Belarus, seeks more transparent oil deal

Sep 03 2018

* Belarus has oil product surplus thanks to supplies from Russia

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