Russia looks beyond West Siberia for future oil and natural gas growth
Russia may prop up energy companies Rosneft and Novatek with up to $3.9 billion each from its National Wealth Fund, a reserve of oil proceeds set up to buoy the country's pension system.
The chief executive of Russia's top non-state oil company Lukoil said on Friday his firm was evaluating the implications of Western sanctions on its joint venture with France's Total.
By allowing international companies such as Exxon, Royal Dutch Shell, Halliburton, and Schlumberger to carry on their pumping, the White House and its European allies assured stability in global oil markets and in the prices consumers pay for gasoline.
Exxon Said to Halt Arctic Oil Well Drilling on Sanctions
Efforts to reach a peace deal between Ukraine and Russia continue. But western businesses are finding themselves hit increasingly hard by Russia-related sanctions – from both sides.
Third High-Level Meeting of the OPEC-Russia Energy Dialogue
Former BP chief warns on Russia sanctions
Gazprom Neft looks to alternative suppliers to sidestep sanctions impact
Russia's Government Approves Rosneft Investments