Total Looks to China to Finance Russian Gas Project Amid Sanctions Total SA said it was seeking nondollar financing for a gas project in Russia, becoming the second energy company in several days to indicate that Western sanctions on the Kremlin are affecting expansion plans.

The Yamal plan, a $27 billion investment to tap vast natural gas reserves in northwest Siberia, aims to double Russia's stake in the fast-growing market for liquefied natural gas.

Statoil installs compressors to extend North Sea fields’ lives

Russia's Yamal LNG project may tap wealth fund in 2014

Crude oil, natural gas futures end week lower

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.

US shale gas exports to hit Gazprom revenue

While Serbia appears one hundred percent committed to pursuing the South Stream project, the EU continues to produce new ideas on how to block the proposed gas route. This is in the midst of a confused political situation regarding the pipeline's entry point in Bulgaria, a country about to enter a polarized early general election.

Industrial conglomerate Siemens AG (SIEGn.DE) said on Monday it would buy U.S. oilfield equipment maker Dresser-Rand Group Inc (DRC.N) for $7.6 billion in a move that would significantly boost the German company's oil and gas business in North America.