Blinken says China is Russia’s primary military complex supplier
By Crispian Balmer and Humeyra Pamuk CAPRI/WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken criticised on Friday Chinese support for Russia’s defence industry, saying Beijing was currently the primary contributor to…
Biden says U.S. to impose sanctions on company building Russia’s Nord Stream 2 pipeline
– U.S. President Joe Biden said on Wednesday his administration will impose sanctions on Nord Stream 2 AG, the company in charge of building Russia’s Nord Stream 2 gas pipeline. “Today, I…
As sanctions start, Russia’s trade flow shifting towards China
By David Lawder and Jason Lange WASHINGTON – The United States is poised to unleash a wider array of sanctions against Russia if Moscow escalates the conflict in Ukraine, denying key Russian…
Russia’s Sberbank and VTB would face sanctions if invasion proceeds, U.S. official says
WASHINGTON – Russia’s Sberbank and VTB would face American sanctions if Moscow proceeds with its invasion of Ukraine, a senior U.S. administration official told reporters on Tuesday, warning that no Russian financial…
Russia’s Urals oil at biggest discount to benchmark for 2 years, traders say
MOSCOW – Russia’s flagship Urals oil grade is trading at the biggest discount to global benchmark Brent since spring 2020, hit by rising tensions between Russia and the West over Ukraine, four…
Russia’s Gazpromtrans stops taking orders to ship LPG to Ukraine – document
MOSCOW – Gazpromtrans, the subsidiary of Russia’s gas monopoly Gazprom in charge of rail shipments, stopped taking orders to transport liquefied petroleum gas (LPG) to Ukraine from Feb. 18, according to a…
Russia’s Putin pledges uninterrupted gas supplies as sanctions loom
By Katya Golubkova and Oksana Kobzeva MOSCOW – Russia will continue uninterrupted natural gas supplies to world markets, President Vladimir Putin pledged on Tuesday, after Germany halted a key gas pipeline’s certification…
Russia’s energy minister deems oil price of $55-70/bbl as ‘optimal’
MOSCOW – Russia’s Energy Minister considers the oil price of between $55-70 a barrel as ‘optimal’ for the market, according to an interview published on Tuesday. Oil hit its highest since 2014…
Nord Stream 2: Russia’s battle to boost gas supply to Germany
– German Chancellor Olaf Scholz halted certification of the Nord Stream 2 gas pipeline designed to boost Russian gas supply to Germany on Tuesday after Russia formally recognised two regions in eastern…
Russia’s Yamal-Europe gas pipeline flows east as Ukraine crisis escalates
By Katya Golubkova MOSCOW – Natural gas flowed east in reverse mode through the Yamal-Europe pipeline on Tuesday, while President Vladimir Putin pledged Russia would continue to deliver uninterrupted supplies to world…
Russia’s move against Ukraine makes 2022 euro zone growth more uncertain -Commission
BRUSSELS – Russia’s recognition of the independence of Ukraine’s two breakaway regions makes the European Commission’s already reduced euro zone growth forecast for 2022 even more uncertain, European Economic Commissioner Paolo Gentiloni…
Harris Threatens ‘Severe Consequences’ If Russia’s ‘Aggressive Action’ Continues
Vice President Kamala Harris warned there would be “severe consequences” for Russia if the nation continues its “aggressive action” related to the Ukraine crisis, CNN reported. “We remain, of course, open to…
Russia’s Lukoil spends $1.5 billion to raise stake in Azeri gas project
MOSCOW – Russia’s second-largest oil producer Lukoil has closed a deal to buy a 9.99% stake in Azerbaijan’s Shah Deniz natural gas project from Malaysian oil and gas company Petronas for $1.45…
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