U.S. hopeful it can win Russia's agreement on Antarctic Ocean deal
After repeated failed attempts to establish an Antarctic Ocean sanctuary, the United States is hopeful it can sway Russia to agree to a plan that would protect a vast swath of what marine scientists call the most pristine body of water left on Earth.
Deal with Rosneft is U.S. sanctions-compliant, says Essar Group CEO
The $12.9 billion sale of India's Essar Oil to a group led by Russia's Rosneft (ROSN.MM) does not run foul of U.S. sanctions imposed against the majority state-owned Russian energy firm, parent Essar Group's CEO said on Sunday.
Putin says Rosneft buy of Bashneft gives impetus to privatization
The Russian government's sale of a controlling stake in mid-sized oil firm Bashneft to the country's largest oil producer Rosneft should give momentum to Russia's privatization drive, President Vladimir Putin said on Wednesday.
Oil hits one-year high as Russia ready to join output caps
Oil prices jumped as much as 3 percent on Monday, with Brent hitting one-year highs, after Russia said it was ready to join OPEC in curbing crude output and Algeria called for similar commitments from other non-OPEC producers.
Russia, bowing to budget pressures, revives oil firm sell-off
Russia said on Friday that it was resuming the shelved privatisation of oil firm Bashneft, in a sign of how anxious the Kremlin is to raise money to fill holes in the budget left by the economic slump.
Russia, bowing to budget pressures, revives oil firm sell-off
Russia said on Friday that it was resuming the shelved privatisation of oil firm Bashneft, in a sign of how anxious the Kremlin is to raise money to fill holes in the budget left by the economic slump.
Exclusive: How EU firms skirt sanctions to do business in Crimea
Products for sale in the Crimean stores of two European retailers are being shipped there from Russia via a ferry and port that are subject to EU sanctions, people involved in the transportation said, suggesting companies are finding ways around the punitive economic regime facing Moscow since 2014.
German economy minister to discuss EU sanctions and Syria with Putin
German Economy Minister Sigmar Gabriel said on Wednesday as he headed to trade talks with Russian President Vladimir Putin that he favored lifting EU sanctions on Moscow but that would require progress on peace in Ukraine.
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