Novatek dodges bond default through shift to ruble payments
Novatek noteholders have agreed to change the terms of a $1 billion Eurobond, letting the Russian company pay in rubles instead of US dollars.
Vladimir Putin
Putin says all infrastructure at risk after Nord Stream hit
Russia’s President Vladimir Putin said any energy infrastructure in the world is at risk after the explosions on the Nord Stream gas pipelines.
China and India funnel $24 billion to Putin in energy spree
Russia has pocketed $24 billion from selling energy to China and India in just three months following its invasion of Ukraine, showing how higher global prices are limiting efforts by the US and Europe to punish President Vladimir Putin.
Exxon’s bank in Russia among those hit by sanctions over Ukraine
A bank used by Exxon Mobil Corp. to pay the salaries and pensions of its workforce in Russia was among those sanctioned by the White House, according to two people familiar with the matter.
Scotland could help ease Europe’s gas problem
Europe is too reliant on Russian gas. In fact, Europe is too reliant on gas full stop but it being mainly Russian gas makes it even more problematic.
European gas price slides on signs some Russian flows increase
European natural gas prices slipped on signs Russia may be starting to gradually deliver the boost in supplies President Vladimir Putin promised.
Lord Provost talks up Aberdeen’s energy transition credentials at Russian Energy Week
Aberdeen’s Lord Provost showcased the city’s efforts to be at the front of the energy transition on the global stage earlier this week.
Putin says Russia is ready to supply extra gas to Europe
Russia is ready to deliver all of the natural gas that Europe needs, said President Vladimir Putin, blaming the continent’s current energy crisis on flawed policies rather than a lack of supply.
European demand sparks Russia, US supply interest
Europe has “made mistakes”, Russian President Vladimir Putin said on October 6 during talks with his energy officials.
Failure of Tripoli offensive sees Libya headed for stalemate
The Libyan National Army (LNA) has suffered major setbacks in its attacks on Tripoli, home of the Government of National Accord (GNA).
Trump’s oil deal: the inside story of how a price war ended
After a week-long marathon of calls between world leaders and video conferences featuring dozens of energy ministers, it was the moment the 2020 oil price war finally ended.
Saudi, Russia rift widens
US President Donald Trump’s call for a 10 million barrel per day – or even 15mn bpd – cut drove up oil prices last week but weak demand continues to run the show, with little respite expected from talks due to take place this week.
Mediterranean Sea a hotspot of political troubles again
After Turkey invaded Cyprus in 1974, it found itself short of military hardware. In stepped Muammar Qaddafi, and four Turkish DC-9 commercial aircraft with the seats stripped out were loaded with rockets from Libyan stockpiles of U.S.-made weaponry. He refused all payment.
Hopes for Libyan peace shift to Berlin
The Russian-Turkish ceasefire talks for Libya fell apart on the opposition of General Khalifa Haftar on January 13, with the head of the Libyan National Army (LNA) walking away from meetings in Moscow.
Russia, Turkey call for Libya ceasefire
Russia and Turkey have called for a ceasefire in Libya, to come into force as of midnight January 12.
Russia Readies New Gas Link to Europe in Defiance of US
Russia officially opened its TurkStream natural gas pipeline on Wednesday, further diversifying export routes to Europe amid a backlash from the U.S.
Russia halts oil supplies to Belarus amid economic talks
Russia has halted oil supplies to Belarus as talks on strengthening economic ties remained stalled over concerns that Moscow could effectively swallow up its neighbour.
Russia Opening Giant Gas Link to China as Putin Pivots East
The world’s biggest natural gas exporter and one of the globe’s top consumers of the fuel cement their energy co-operation on Monday with the launch of Russia’s giant Power of Siberia pipeline to northern China.
Russia meets Africa at Sochi
A number of African states are in the process of visiting Sochi, largely in the hope of signing deals for new investment.
Algy Cluff says it’s time to reverse the shift towards gas imports
North Sea veteran Algy Cluff said yesterday the current rocky relations between the UK and Russia highlighted the dangers of Britain relying on foreign gas imports.
Russia’s natural gas is ‘best deal on offer’ for Europe
Russia, embroiled in a deepening rift with the U.K. over the poisoning of a former spy, moved to remind Europe that it’s the most flexible and reliable source of energy needed by the continent.
Putin claims crushing victory in Russian presidential vote
Vladimir Putin has rolled to a crushing re-election victory for six more years as Russia's president.
May seeks alternatives for Russian natural gas after spy scandal
The spy poisoning scandal in the U.K. is spilling into energy.
Q&A: Russia’s ex-energy minister on the Opec deal and Moscow-Washington relations
Oil producing nations meet on Thursday to discuss extending production cuts to re-balance crude market supply and demand. The cuts, which came into effect on January 1, comprised a reduction of 1.2million barrels per day for Opec members, and 600,000 for non-Opec states, with Russia making up the bulk of that quota.
Putin’s pursuit of Stalin’s Arctic dream loses global appeal
Vladimir Putin wanted to remake Josef Stalin’s quest for a greater foothold in the Arctic into a global shipping bonanza that could compete with the Suez.