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12.03.2009, 17:53

Coal miners bear brunt of downturn as PM affirms support

Coal mining has been among the worst hit sectors in the Russian economy, as the economic crisis unfolds. Prime Minister Putin went to Russia's coal rich Western Siberia region to meet the miners.

12.03.2009, 16:50

Russia to propose new pricing formula on crude at Moscow conference

Deputy Prime Minister, Igor Sechin, says Russia will propose a new oil pricing formula at an international conference it is planning for later this year, inviting major oil producers to Moscow.

Painting by Alberto Ruggieri 12.03.2009, 10:51

Rising food prices drive push for greater import substitution

Food prices in Russia are growing three times faster than in the rest of Europe, driven by the high level of food imports and a weakening Rouble.

Image from blog.kir.com 07.08.2009, 19:58 3 comments

Oil braces for tighter longer term

Crude oil is again trading about $72 per barrel after a fourth weekly gain, with the International Energy Agency suggesting falling production may drive prices higher and the world towards another oil crisis.

27.10.2009, 18:52 1 comment

Russia, Turkey agree on oil refinery construction Samsun-Ceyhan pipeline

Russian Energy Minister Sergei Shmatko has announced that Russia and Turkey have agreed to build an oil refinery as part of the Samsun-Ceyhan Pipeline project.

28.05.2009, 15:13

Oil prices pick up on dollar slide despite demand outlook

After plummeting from nearly $150 per barrel in July 2008, to as little as $35 per barrel in December the same year, this week has seen crude price hold above $60/bbl.

RIA Novosti / Mikhail Fomichev, STF 28.12.2009, 17:01

Oil terminal opens Russian crude exports to the east

The opening of the new oil export terminal at Kozmino on Russia’s Pacific coast will alter the balance Russia’s crude export dynamics according to Pavel Sorokin, an oil and gas analyst from Unicredit Securities.

29.12.2009, 16:42

Agreement reached on oil shipment through Ukraine

Russia and Ukraine have finally signed an agreement on the transit of oil to Europe through Ukraine.

25.08.2009, 11:37 5 comments

Russian renewable energy prepares for a bigger slice of the power pie

As the world’s largest producer of gas, and one of the worlds major producers of oil and coal, Russia isn’t generally seen as being at the forefront of the global thrust towards greater use of renewable energy sources.

image from www.rosneft.com 06.09.2010, 15:05 1 comment

Rosneft appoints new CEO

Russia's number one oil producer, Rosneft has appointed Eduard Khudainatov for a three-year term as CEO to replace Sergei Bogdanchikov.

Gennady Krasovsky: Oil, OPEC, and the outlook

Published: 13 March, 2009, 12:34


AFP Photo / Joe Klamar

Gennady Krasovsky, Head of Investor Relations at Lukoil, spoke with Business RT ahead of this weekends OPEC meeting in Vienna, about factors determining the demand outlook.

 
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