In poke at Russia, Belarus mulls routing oil trade via Baltics
Belarus President Alexander Lukashenko on Thursday threatened to route the country’s trade in oil and oil products exclusively through the Baltic states, and said Minsk’s relations with Russia could break down over a festering subsidy row.
Putin hails energy security boost from Russia's first LNG floating storage
President Vladimir Putin opened Russia’s first liquefied natural gas (LNG) floating storage and regasification unit (FSRU) on Tuesday, saying it bolsters the country’s energy security.
Oil up more than 4 percent on U.S.-China trade talk hopes, OPEC cuts
Oil prices jumped more than 4 percent on Wednesday as the extension of U.S.-China talks raised hopes of easing trade tensions between the two superpowers, while OPEC-led crude output cuts also provided support.
Oil rises in choppy trade as OPEC supply cuts vie with demand worry
Oil prices rose more than 1 percent on Thursday in volatile trade, drawing support from signs that Saudi Arabia is cutting crude output but pressured by concerns that slowing global economic growth could dent demand.
Putin hails energy security boost from Russia's first LNG floating storage
President Vladimir Putin opened Russia’s first liquefied natural gas (LNG) floating storage and regasification unit (FSRU) on Tuesday, saying it bolsters the country’s energy security.
Russian army to get new missile complex S-350 Vityaz in 2019
Russia will in 2019 deploy the S-350 Vityaz new generation short-to-mid range surface-to-air defence missile complex, the Russian Defence Ministry said on Sunday, in a long-planned move to replace its ageing S-300 system.
Oil posts first year of losses since 2015
Oil prices ended with full-year losses for the first time since 2015, after a desultory fourth quarter that saw buyers flee the market over growing worries about a supply glut and mixed signals related to renewed U.S. sanctions on Iran.
Russian oil output reaches record high in 2018
Russian oil production rose to a post-Soviet record high of 11.16 million barrels per day (bpd) last year on an annual average basis, data from its energy ministry showed on Wednesday.
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