Russia Sanctions
2015, March, 12, 21:10:00
UKRAINE’S EXISTENTIAL CHALLENGES
Ukraine is facing existential challenges, and energy security is one of them. The country is dependent on Russia supplying most of its natural gas as well as uranium fuel for its nuclear reactors. Under these very difficult circumstances, a government with a holistic view of its strategic security and energy goals would logically develop a policy aimed at encouraging increased domestic oil and gas production. Unfortunately, Kyiv is doing the opposite.
2015, March, 12, 20:55:00
UKRAINE RISK BAIL OUT
The International Monetary Fund on Wednesday approved a bigger, high-risk bailout for Ukraine, giving Kiev immediate access to $5 billion of $17.5 billion in emergency IMF credit in another bid to keep the embattled country afloat.
2015, March, 3, 21:00:00
NEW RUSSIAN EMPIRE
Russian billionaire Mikhail Fridman began building an international energy company on Monday, closing a €5.1 billion ($5.7 billion) purchase of German utility RWE AG ’s oil-and-gas business over British opposition that could force the sale of the unit’s U.K. assets.
2015, March, 3, 20:55:00
RUSSIA SEEK REVIEW
Russian billionaire Mikhail Fridman said on Monday he would buy a number of gas licenses in the North Sea despite British opposition, threatening legal action if London should force him to sell them on to a third party.
2015, February, 28, 19:15:00
BP & RUSSIA: $10 BLN
John Browne, the former chief executive of BP, will take charge of a $10 billion oil and gas venture backed by Russian billionaire Mikhail Fridman to help it expand internationally through partnerships and acquisitions, the Financial Times reported.
2015, February, 28, 19:10:00
RWE & RUSSIA: $5.6 BLN
The UK has blocked the sale of North Sea gasfields from Germany’s RWE to a multibillion-dollar investment fund backed by Russian billionaire Mikhail Fridman.
2015, February, 28, 18:40:00
EXXON REDUCES ABOUT 11%
Exxon Mobil Corp said spending will decline about 11 percent this year to around $34 billion due to plunging oil prices, according to a regulatory filing this week.
2015, February, 7, 17:19:00
U.S. & RUSSIA FIGHT
The United States and Russia are once more locked in what could be a generation-defining conflict, and Europe is yet again the core battleground. But this Cold War reprise isn’t about military supremacy.
2015, January, 25, 17:00:00
RUSSIA & CHINA: GROWTH 36%
Warming ties between China and Russia are giving a big boost to Chinese imports of Russian oil, to the chagrin of OPEC nations jockeying for a slice of China’s market.
2015, January, 25, 16:50:00
RUSSIA DEVELOPING ARCTIC
Russia to continue implementing Arctic oil and gas projects despite Western sanctions and low oil prices, Russian Energy Minister Alexander Novak said
2015, January, 21, 19:20:00
SCHLUMBERGER PAYS $1,7 BLN
Schlumberger will spend about $1.7 billion for a minority stake in a big Russian energy company at a time when that country's relations with the West are under strain and as energy prices hit multiyear lows.
2015, January, 14, 21:20:00
RUSSIA SANCTIONS: WAR PRICE
The European Union could significantly scale back sanctions and resume discussions with Russia on issues ranging from visa-free travel; cooperation with the Moscow-led Eurasian Economic Union; and the crisis in Libya, Syria and Iraq; if Russian President Vladimir Putin moves to end the crisis in eastern Ukraine, according to an EU discussion paper.
2015, January, 6, 12:45:00
RUSSIA & INDIA: SHALE OIL
Oil & Natural Gas Corp. (ONGC), India’s biggest energy explorer, is banking on the world’s largest shale oil reserves to save its Russian acquisition. Stumbling blocks include oil prices at a five-year low and U.S. sanctions.
2015, January, 4, 21:35:00
RUSSIAN LNG INVESTMENTS UP
Russia announced state aid for a major energy project on Wednesday under a drive to shore up strategic firms as well as public faith in its banking system during an economic crisis deepened by Western sanctions.
2015, January, 4, 21:30:00
RUSSIA & CHINA PARTNERSHIP
Russian-Chinese energy partnership gaining momentum