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Rosneft and Exxon strike oil discovery offshore Arctic oil

Russia’s first crude oil producer Rosneft and the major Exxon Mobil Corp. unveiled an oil discovery at the controversial offshore Arctic field amid Western sanctions against Moscow.

read more... 29/09/2014

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European Union could find an interim solution to Russia-Ukraine gas row

The European Union, Ukraine and Russia are likely to sign a binding interim agreement by the end of next week, aiming to propose a temporal solution to the gas row between Russia and Ukraine.

read more... 29/09/2014

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Poland: Coal imports from Russia are blocked by miners at border

Several 200 Polish miners blocked trains transporting Russian coal at a border passage in northern Poland to object to the less expensive Russian coal being imported in a moment when local mines are fighting, as declared by the mining union leaders on Wednesday.

read more... 25/09/2014

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Gazprom envisages condensate exports from Kirinskoye fields

Russia's leading gas producer Gazprom is envisaging gas condensate exports from its Sakhalin offshore group of Kirinskoye oil, gas and condensate fields, as stated on Wednesday by Viktor Timoshilov, an official at the state-owned company.

read more... 24/09/2014

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Asian companies to substitute Western energy majors if they quit

Asian firms will substitute Western majors if they leave energy projects in Russia because of sanctions over Moscow's role in Ukraine, as stated by Natural Resources Minister Sergei Donskoi.

read more... 23/09/2014

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