Brent crude fell below 49 dollars per barrel
The price of a barrel of Brent crude oil fell below 49 dollars on Monday, for the first time since…
Brent crude reached 53.5 dollars per barrel
Brent oil price fell below 55 dollars a barrel, a new low last registered in May 2009, due to increasing…
Russia counterstrikes OPEC, keeps oil production up in 2015
Russia, the world’s biggest energy exporter, does not plan to cut oil production to shore up prices, Rossiya 24 television…
Sanctions-hit Russia will build 10 new nuclear reactors in India
Russia will build 10 more nuclear reactors in energy-starved India, Prime Minister Narendra Modi said Thursday, after talks with President…
Russia resumed gas flow to Ukraine
Russia resumed gas flows to Ukraine on Tuesday after halting them six months ago in a dispute over prices and…
Italy casts doubt on South Stream gas pipeline
An Italian minister on Wednesday cast doubt on the future of Russia’s South Stream gas pipeline project, which was already…
Lukoil to invest in a Nigerian project with Chevron
Russia’s second-largest oil company, privately controlled Lukoil, said on Friday it planned to invest in Nigeria with U.S. oil major…
Zakonyi Botond: Hungary is an active promoter of the North-South Gas Corridor
Zakonyi Botond, Hungarian ambassador in Bucharest Energy demand in Hungary is primarily covered by fossil fuels like oil products or…
Isărescu: the delay in liberalization of gas market and oil prices lead to disinflation
###author### Fall in oil prices, unpredictable conflict in Ukraine and delaying in gas price liberalization timetable led to a fall…
Gazprom announced it’s ready to resume gas deliveries to Ukraine
Russia has “fulfilled its obligations” stipulated in the agreement on the resumption of Russian gas supplies to Ukraine, concluded last…
Capgemini: Growing risk of power blackouts in Europe this winter
The risk of blackouts in Europe will grow in the coming winter as thermal power-generating capacity has been shuttered amid…
Ukraine expects the West to pay its $3.1 billion gas bill
Russian ambassador to the EU Vladimir Chizhov said that Ukraine is counting on “international support” to pay off its $3.1…