Russia courts Greece, promises a gas price discount and new loans
Russia could give Greece a reduction in gas prices and new loans, and the announcement would be made during the…
Russian oil production increased in Q1
The activities for extracting oil from Russia increased by 23% this year, and production reached a post-Soviet record high in…
Putin offers Ukraine a new price discount for gas in Q2
Russia will extend gas price discounts for Ukraine into the second quarter (Q2), the Kremlin website quoted President Vladimir Putin…
Gazprom does not give up South Stream, in spite of 70% lower profit
Gazprom’s net profit, calculated under Russian Accounting Standards (RAS), fell 70 percent last year to 189 billion roubles (3.3 billion…
Republic of Moldova in gas peril as Russians ask for price hike, Romanian supply too small
Russian Gazprom threatened to suspend gas supply to Republic of Moldova because of accumulated debts, and its subsidiary, MoldovaGaz, called…
Energy Union project, difficult to accomplish – experts
EU policymakers have unveiled plans for an Energy Union, hailing it as the biggest energy shake-up for more than half a…
European Commission wants to vet energy deals with non-member states
Member states’ energy deals with non-EU nations should be scrutinized by the European Commission before they are signed, according to…
Kruglov: Gazprom has financial clout to survive Russian crisis
Gazprom, Russia’s largest company, has the strength to weather the country’s economic crisis, according to its chief financial officer. The…
Russia may lose 160 billion dollars due to low barrel price
Russia would lose some 160 billion dollars over a year due to lower barrel price, Central Bank Governor Elvira Nabiullina…
Russia may cut its oil output by 10%
Russia may see a natural decline in oil output by around 1 million barrels per day (bpd) at most but…
Oil-driven Russia downturn negatively affects emerging economies
###author### The average European Bank for Reconstruction and Development (EBRD) growth is now seen negative for 2015, while oil price…
Things to watch in 2015’s energy (Radu Dudău, Energy Policy Group)
The major trends of 2015’s world energy have been largely set in the second half of 2014. Undoubtedly, the stunning…