Integrated oil and gas (IOG) companies Gazprom and Rosneft Oil Company represented Russia in the top 10 positions of the 2014Platts Top 250 Global Energy Company Rankings®, unveiled Tuesday at the ninth annual Platts Top 250 Asia Awards Dinner in Singapore.

Saipem has been awarded a new Engineering & Construction contract in Saudi Arabia and new Drilling contracts in the Middle East and in Latin America cumulatively valued approximately $2 billion.

Ukraine is likely to face energy shortages this winter if last-ditch talks to resume gas supplies from Russia fail on Wednesday.

Indonesia says Chevron gas project set back by up to 2 years

BP posts slump in Russian income but raises dividend

Big oil and gas finds in waters along Europe's northern edge may remain undeveloped now that oil prices have dropped, keeping potential supply of over a billion barrels of oil equivalent out of the market for the foreseeable future.

Russian natural gas giant Gazprom believes that winter 2014/2015 may be “colder than usual”.

Sechin: Rosneft plans in Italy Pirelli and Saras, no hegemony of management

Although it is in Serbia’s interest that the South Stream gas pipeline is built, the government in Belgrade faces the fine balance between the interest of providing energy security and the need to harmonize with the policy of the EU, which it is looking to join.

Naftogaz Sets Aside $3.1 Billion to Pay Ukraine Gas Bill to Gazprom, CEO Says

Gunvor to reduce footprint in Russia

Ophir in talks to buy Salamander Energy

Petrom, ExxonMobil start drilling third deepwater well in Romania

Oil prices have fallen by over 20% in the last couple of months. Brent is currently trading $30 below its summer spike to $115 per barrel and many are left wondering what the Saudis are playing at.

Rosneft is looking for some financial relief from Russia’s sovereign wealth fund