India signs energy deals with Russia's Rosneft
Indian state companies signed energy deals worth billions of dollars with Russia's Rosneft on Wednesday to buy into its most promising assets in Siberia, stepping up a drive to cut New Delhi's dependence on imports.
Oil meeting on output freeze unlikely without Iran progress: sources
A meeting between oil producers to discuss a global pact on freezing production is unlikely to take place in Russia on March 20, sources familiar with the matter say, as OPEC member Iran is yet to say whether it would participate in such a deal.
Turkmen President Laments Corruption In Oil, Gas Industries
Turkmenistan's president has complained that there is major corruption in the Central Asian country’s oil and gas industries, in an unusually public statement made on state television.
Russian oil bosses voice support for oil output freeze, not cut
Russian oil companies back the idea to freeze output at near-record levels reached in January, but did not support any proposals to cut oil production to lift global prices, Energy Minister Alexander Novak said.
Oil up on Saudi support, China; poll shows less OPEC output
Oil prices jumped 3 percent on Monday after China moved to boost its slowing economy and Saudi Arabia pledged to work with other crude producers to limit market volatility, developments that fed hopes the oil selloff would end.
BRICS bank eyeing investments in hydropower, electricity: Russia
The New Development Bank established by the BRICS emerging nations plans to invest in infrastructure projects in those countries and is considering hydropower and electricity investments, Russian Finance Minister Anton Siluanov said.
Asia's oil markets in upheaval as China, India change the game
Asia's oil markets are being upended as India's and China's refiners overtake once-dominant buyers like Japan and challenge the United States as the world's biggest consumer.
Iran proposes nuclear power cooperation with Hungary
Iran has proposed a project with Hungary to design and develop a small nuclear reactor that could be sold across Asia and Africa and also built in the Islamic republic, Tehran's top nuclear official said on Thursday.
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