Whether investing in China, Venezuela or Iraq, Russian oil giant Rosneft closely follows Moscow's geopolitical interests as the Kremlin-controlled company seeks to expand its nation's influence, at times in unstable…
Russia’s Rosneft, one of the world’s top oil producers and exporters, has notified customers that future tender contracts for oil products will be denominated in euros not dollars, five trading…
Rosneft wants its Western oil buyers to accept new terms and pay penalties from 2019 if they fail to pay for supplies in the event that new US sanctions on…
Russia's largest oil producer Rosneft wants to boost its supplies of oil to China through Kazakhstan to as much as 18 million tonnes (36,000 bpd) per year from around 10…
For the first time since the breakup of the Soviet Union, Russia is taking an intense interest in Cuba as Moscow has become increasingly isolated over its invasion of Ukraine.…
Economic sanctions are like the siege of a medieval city. Siege engines batter at the walls and hurl missiles over them, but it is all a slow business. Those suffering…
Russian President Vladimir Putin insists the economy can weather the coronavirus storm and low oil prices but the two-pronged crisis is a huge challenge to his promises to reduce poverty…
Saudi Arabia’s planned purchase of Polish refining assets is set to put OPEC’s top producer in charge of two thirds of Poland’s oil supply, eroding previously dominant supplier Russia’s leverage…
Higher taxes imposed on Russia’s energy sector could make prolonged output curbs by OPEC and allied producers easier to stomach for Moscow’s energy majors. The new system of taxes, approved…
Total and Eni have stopped payments for the contaminated oil sold to them by Russian firms and said they will only pay when compensation is agreed, trading sources said, upping…
