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Tag Archives: Russia

Russia’s Gazprom says can exempt rebel-held areas from Ukraine gas contract


MOSCOW – Kremlin-controlled Gazprom said on Thursday it would exempt gas supplies to rebel-held regions from its main contract with Ukrainian Naftogaz, days before Kiev uses up gas volumes it has already paid for. The dispute flared up last week when Gazprom said it started direct gas supplies to the regions of eastern Ukraine held by pro-Moscow rebels. Gazprom said ...

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Top Russian official: Western sanctions threaten oil output

MOSCOW — The chairman of the Russian Security Council says Western sanctions are threatening the country’s oil and gas industry. The United States, the European Union and other countries last year imposed sanctions against Russia for its role in the Ukrainian conflict. Some of them made it virtually impossible for energy companies to develop hard-to-tap oil fields such as those ...

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EU to ‘reframe’ Russian energy ties when time is right

BRUSSELS – The European Union will consider “reframing” energy relations based on market conditions with Russia when the time is right and for now is focusing on building a strategic gas partnership with Ukraine, a draft document shows. The European Commission, the EU executive, is seeking to create a single energy market, based on cross-border connections to improve security of ...

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Oil falls as Ukraine, Greece heighten concerns over demand

NEW YORK, Feb 17 – Crude oil futures fell on Tuesday as concerns about weak demand as a result of uncertainty in Europe outweighed worries about threats to Middle East production and the effect of U.S. output cuts. Pro-Russian rebels and government forces fought street-to-street in east Ukraine, dampening hopes that a European-brokered peace deal will end the conflict. “Growing ...

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Egypt president: Russia, Egypt to build nuclear power plant

CAIRO — Egypt’s president says Egypt and Russia have agreed to build a nuclear power plant together and that officials from both countries have signed a memorandum of understanding on the project. Tuesday’s announcement by Abdel-Fattah el-Sissi came during a joint press conference in Cairo with visiting Russian President Vladimir Putin. El-Sissi also says the two nations signed agreements to ...

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US, Russia at odds over energy in Cold War-style conflict

WASHINGTON — As the Obama administration escalates economic sanctions on Russia and weighs military support to Ukraine, it has revved up a less noticed but far broader campaign to wean Central and Eastern Europe off a deep reliance on Russian energy. It’s a Cold War reprise, but not for military supremacy, and the points on the map aren’t troop deployments, ...

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