'We're engaged': Alaska gets China backing for natural gas project
China’s biggest state oil company Sinopec, one of the country’s top banks and its sovereign wealth fund agreed on Thursday to develop a $43 billion natural gas project in Alaska, as the cash-poor U.S. state seeks to revive its dwindling energy industry.
Russia's Rosneft to take control of Iraqi Kurdish pipeline amid crisis
Russia’s biggest oil company, Rosneft (ROSN.MM), has agreed to take control of Iraqi Kurdistan’s main oil pipeline, boosting its investment in the autonomous region to $3.5 billion despite Baghdad’s military action sparked by a Kurdish vote for independence.
Saudi says 'flexible' on Russian idea to extend oil cuts to end-2018
MOSCOW (Reuters) - Saudi Arabia made no firm pledge on Thursday to extend a deal between OPEC, Russia and other producers on cutting supplies but said it was “flexible” regarding Moscow’s suggestion to prolong the pact until the end of 2018.
'It's time to talk': EU again urges dialogue in Spain
The EU executive called again on Wednesday for the Spanish government and Catalan authorities to open dialogue to defuse the sometimes violent confrontation over Catalonia’s push for independence.
CEFC's Rosneft deal driven by national strategy: chairman
CEFC China Energy’s $9.1 billion purchase of a stake in Russia’s Rosneft Oil ROSM.NN was mainly driven by China’s Belt and Road Initiative and has strong support from the government, Ye Jianming, the company’s founder said.
Exclusive: Russia's Lukoil considers selling Swiss trader Litasco
LONDON/MOSCOW (Reuters) - Russian oil major Lukoil is considering selling its Swiss unit Litasco because new U.S. sanctions on Russia will make it harder for the Geneva-based energy trader to raise new funds, industry sources said.
Gazprom says sanctions won't stop Nord Stream 2 pipeline project
The $11 billion Nord Stream 2 project to add a second Russian trans-Baltic gas export pipeline will be implemented regardless of how new U.S. sanctions are interpreted, an official at Gazprom (GAZP.MM) told a conference call on Wednesday.
Rosneft, partners to announce acquisition of India's Essar Oil completed
NEW DELHI/MUMBAI (Reuters) - A consortium led by Russian oil major Rosneft(ROSN.MM) will announce on Monday completion of a $12.9 billion deal to acquire Indian private refiner Essar Oil, strengthening ties between the world's largest oil producer and the fastest growing fuel consumer.
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