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04.04.2014 Russian gas price for Ukraine up $100 to $485.5

Moscow has raised the gas price for Ukraine by U.S.

28.03.2014 Russia’s Gazprom told to adjusts investment program after Crimea’s annexation

Russian gas monopoly Gazprom will adjust its investment program and financial plan to ensure the future needs of Crimean consumers are met, says a government website announcement, Itar-Tass reported on March 27.

26.03.2014 Russia pins hopes on Tatar shale oil

The oil industry of Tatarstan may choose its own road connected to shale oil and gas, Russian Prime Minister Dmitry Medvedev has said at a meeting on innovation. Medvedev said Russian specialists should explore new methods of oil production.

25.03.2014 Crimean gas production may double

Crimean gas production may increase by 50%-100% over the next several years, which should cover Crimea’s demand for energy, Russian Prime Minister Dmitry Medvedev has said.

24.03.2014 Russia expects another $11bn from Ukraine for gas

An agreement, under which Russia granted Kiev a discount of U.S.

12.02.2014 GE to invest $1 billion in Russian oil and gas production

General Electric will sell oil and gas technologies to Rosneft and other local industry players, GE CEO Jeffrey Immelt has told Russian Prime Minister Dmitry Medvedev.

09.01.2014 Azerbaijani oil export via Baku-Novorossiysk pipeline down 15% in 2013

Azerbaijan’s SOCAR state company cut oil export via the Baku-Novorossiysk pipeline by 15.2% to 1.75mn tons last year, SOCAR has said.

19.12.2013 Russian Prime Minister Says Consumers in North Caucasus Steal Natural Gas

The total volume of debt of natural gas consumers in Russia’s North Caucasian Federal District is 50 billion roubles (~$1,52 billion) - almost half of the country’s total debt, Russian Prime Minister Dmitry Medvedev said on December 18 at a meeting of the government comm

16.12.2013 Belarus, Russia Agree Penalties for Fuel Market Violators

"It is important for this market to be transparent, so that we understood what is happening on it, what is happening with Russian oil products that are delivered to Belarus, what volume is refined, which is returned to us as gasoline.