Russia and Serbia Tighten Their Ties With Multibillion-Dollar Energy Deal
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MOSCOW, Jan. 25 -- Russian and Serbian officials signed a multibillion-dollar energy deal Friday that would make Serbia a key hub for Russian energy supplies and strengthen Moscow's dominance of the European energy market.
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A Russian plan to re-route a significant amount of natural gas from a huge new field originally intended for the US market to Europe is a political move linked to deteriorating US-Russian relations, analysts have said.
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Russian and French gas companies Gazprom  and Gaz de France  will sign several major deals on Tuesday, guaranteeing the Russian firm access to more end users in Europe, industry sources said on Monday.
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Recent developments in Russia all point in one direction: The Kremlin&#39;s energy sector policy has shifted to more aggressive efforts of direct control.
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Serbia approved bank guarantees allowing national oil monopoly NIS to start repaying about 235 million euros in debts run up with China's Sinochem during the rule of Slobodan Milosevic.
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As Moscow moves to assert the Kremlin s authority in response to the Beslan crisis, it is simultaneously pushing for stronger economic and political ties with the former Soviet republics.
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Russia will play an increased role in oil and gas supply and trading with considerable consequence for the world&#39;s energy security, the International Energy Agency (IEA) said Tuesday.
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LONDON -- Russia will need more than $900 billion of investment as well as sweeping price reforms if the country is to continue raising oil and gas production over the next 25 years, the International Energy Agency said Tuesday.
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The deal, estimated in the past at some $8 billion, should warm relations between the world's top two energy consumers, who have clashed lately over a range of issues from the yuan currency to the Chinese bid ...Comment
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Russian and French gas companies Gazprom   and Gaz de France  will sign several major  deals on Tuesday, guaranteeing the Russian firm access to more  end users in Europe, industry sources said on Monday.
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The US oil giant got a good price, Russia&#39;s No. 1 oil company acquired a savvy partner, and Putin polished Russia&#39;s image.
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MOSCOW  - In a deal paving the way for future joint ventures, U.S. oil giant ConocoPhillips has won an auction with a bid of nearly &#36;2 billion US for the Russian government's 7.6 per cent stake in Russia's Lukoil - the world's No.&#160;2 oil company by reserves.
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Russia expanded its growing European energy empire Friday, signing two more deals in a drive that is raising fears Moscow could use its vast oil and gas resources to meddle in the affairs of its neighbors.
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The agreement mends a rift between the two Russian state energy companies that had been slowing investment in the development of new fields.
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France and Russia sign deals in the transport and aviation sectors worth more than $10bn.
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India and Russia are put final touches to new visa, energy, banking and space research pacts to be signed during Russian President Vladmir Putin's December visit to New Delhi, officials said.
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MOSCOW : A deal between French energy group Total and Russian gas firm Novatek shows that oil majors have an appetite for Russia&#39;s energy riches despite the Yukos affair, but also the limited role now possible for foreigners in this strategic sector