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Shell devoted to Russia growth regardless of sanctions

Royal Dutch Shell is loyal to development in Russia, in spite of sanctions imposed on the country following its seizure of Ukraine's Crimea region, as told by the Chief Executive Ben van Beurden to Russian President Vladimir Putin at a meeting on Friday.

read more... 22/04/2014

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Russia: 80% increase in gas prices for Ukraine

The gas price imposed by Russia for Ukraine has almost double in three days, putting pressure on its neighbor on the point of economic failure in the crisis over Crimea.

read more... 04/04/2014

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Daily: Brent crude steady on supply disruptions in Nigeria and Libya

Brent crude held steady on Wednesday, because of supply disruptions in Nigeria and Libya and tensions over annexation of Crimea to Russia, while U.S. crude increased by more than $1 per barrel due to an eighth straight weekly draw in oil stocks at the contract's delivery point in Cushing, Oklahoma.

read more... 27/03/2014

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Medvedev mulls doubling gas production in Crimea

Gas production in Crimea region could increase by two-fold within the next few years, declared Russia’s Prime Minister Dmitry Medvedev.

read more... 26/03/2014

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Daily: Crude oil prices soar across both continents on strong equities, Ukraine unrest

Brent crude oil prices climbed on Tuesday on violent rapports in Crimea, while the American benchmark skyrocketed to its highest level in a week on strong build in U.S. equities. Brent crude oil rose by 55 cents to settle at $106.79 per barrel, after touching a six-week low on Monday. Meanwhile, its equivalent WTI oil benchmark closed $1.62 higher at $99.70 per barrel.

read more... 19/03/2014

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