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Russian energy giant Rosneft's Q2 profit falls 33%

Russian energy giant Rosneft's Q2 profit falls 33%

 Russian oil giant Rosneft said Monday that profits in the second quarter had tumbled by 33 percent from a year earlier on the back of low oil prices. 

Weak ruble helps Gazprom second-quarter profits

The Russian gas behemoth Gazprom announced Monday second-quarter net profit of 293.8 billion rubles, an increase of 29 percent over a year earlier, thanks to a weak ruble.

Russia halts gas supplies to Ukraine amid new spat

 Gas giant Gazprom said on Wednesday it was halting all natural gas supplies to Ukraine after pricing talks broke down in the latest row between Russia and its war-torn ex-Soviet neighbour.

Key World Cup sponsors concerned with FIFA scandals

Key World Cup sponsors concerned with FIFA scandals

Key World Cup sponsors including McDonald`s, Adidas and Budweiser expressed strong concerns Wednesday after global football body FIFA was enveloped by a new corruption scandal.

Russia, Ukraine agree gas delivery deal until end March: EU

 Moscow and Kiev agreed a gas delivery deal until the end of March after EU-brokered talks in Brussels Monday, securing supplies to Europe after a row over supplies to rebel-held eastern Ukraine, the EU said.

FIFA loses three major sponsors: Report

FIFA loses three major sponsors: Report

Three of world governing body FIFA`s major sponsors have ended their relationships with the organisation, British newspaper the Daily Telegraph reported on Friday.

Europe at risk of being cut off from Russia: Gazprom

Russia's gas giant Gazprom said on Wednesday that there was still a risk that Europe could see a drop in supplies of Russian gas piped via Ukraine this winter.

Spain says impounded Greenpeace ship defied Navy order

Spain said on Wednesday it impounded a Greenpeace ship because the crew defied orders to leave a restricted zone where they were protesting against oil exploration off the Canary Islands.

Natural gas will flow after Ukraine pays: Russia

Russia will resume shipping natural gas to Ukraine after Kiev pays off its first debt installment for past supplies of gas next week, officials said on Friday.

Russia, Ukraine agree interim gas deal: EU energy chief

Russia is ready to resume gas deliveries to Ukraine if Kiev pays its energy giant Gazprom back debts worth $3.1 billion (2.4 billion euros) by late December, European Energy Commissioner Guenther Oettinger said Friday.

Russia's Gazprom to sign gas supply contract with China

Russian energy giant Gazprom have planned to sign a 30-year gas supply contract with China via the western route, the company's CEO Alexei Miller said Wednesday.

EU to impose new sanctions against Russia on Friday

European Union governments agreed on Thursday that new sanctions on Russia over the Ukraine crisis will take effect on Friday but held out the prospect of cancelling some - or even all - of them next month if they believe a peace plan is working.

With Putin in Vienna, Gazprom signs Austria pipeline deal

Coinciding with a visit to Vienna by Russian President Vladimir Putin, Russian energy giant Gazprom on Tuesday signed a deal with Austria`s OMV approving the EU country`s section of the controversial South Stream pipeline.

OIL signs MoU with Russia's Gazprom

Oil India Ltd, the second biggest state-run explorer in the country, today signed an agreement with Russia's Gazprom for joint pursuit of exploration opportunities across the globe.

Gazprom says to lodge counterclaim against Ukraine

Russian gas giant Gazprom said today that it would lodge a counterclaim against Ukraine`s gas firm if taken to court, in a sign that Moscow was not backing down in their acrimonious energy dispute.

Lithuania fines Gazprom in antitrust case

Lithuania slapped a USD 48.4 million fine on Russian fuels giant Gazprom today over its moves to block competition in this ex-Soviet Baltic EU state.

Lithuania fines Gazprom in antitrust case

Lithuania slapped a USD 48.4 million fine on Russian fuels giant Gazprom today over its moves to block competition in this ex-Soviet Baltic EU state.

Azerbaijan resumes gas supply to Russia

Azerbaijan`s state oil company (Socar) resumed gas supplies to Russia, the company`s CEO Rovnag Abdullayev announced.

Gazprom delays Ukraine gas deadline to June 10

Russia's gas giant Gazprom said Wednesday it was giving Ukraine an extra day to start paying for gas ahead of time or risk a cut in its supply.

Gazprom delays Ukraine gas deadline to June 10

Russia`s gas giant Gazprom said today it was giving Ukraine an extra day to start paying for gas ahead of time or risk a cut in its supply.