Thursday 27 November 2014
 
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Russia

Saudi, Russia pre-Opec talks yield no oil output cut

Impromptu talks between Saudi Arabia, fellow Opec member Venezuela and oil powers Russia and Mexico yielded no agreement on how to address a growing oil glut, ending without any plan to cut output despite a collapse in prices. &nb

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Saudi Arabia sees oil market 'stabilising itself'

Opec leader Saudi Arabia signalled on Wednesday it was unlikely to push for a major change in oil output at the producer group's meeting this week, a day after Russia refused to cooperate in any production cut and threatened to unleash an oi

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Sechin to meet Opec as Saudis keep market guessing

Russia's most powerful oil official, Igor Sechin, was due in Vienna for talks with Opec members as the group's leader Saudi Arabia kept the market guessing about its response to flagging oil prices.  

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Russia says Saudi Arabia willing to cooperate on oil markets

Russia's Foreign Ministry said that Russia and Saudi Arabia had expressed "a willingness to cooperate on issues related to energy and oil markets".   The foreign ministry made the comments in a stat

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Russia seeks new energy partners

Moscow will seek new partners in countries that have not imposed sanctions on it if Western oil and gas companies pull out of projects with Russia, Energy Minister Alexander Novak said. The sanctions over Russia's role in the

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Russia state fund sees ME demand despite sanctions

The Russian Direct Investment Fund (RDIF) is still attracting significant interest from investors in the Middle East and Asia despite sanctions putting off investment from the West, its chief executive said on Thursday. Many Weste

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G20 commits to higher growth, fight climate change

Leaders from the G20 group of nations agreed on Sunday to boost flagging global growth, tackle climate change and crack down on tax avoidance but ties between the West and Russia plummeted to a new low over the crisis in Ukraine.

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At G20, US and Europe blast Russia over Ukraine

US President Barack Obama said on Saturday that Russia's aggression against Ukraine was 'appalling' and a threat to the world, while European nations threatened further sanctions against Moscow if it did not end the flow of weapons a

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Fifa judge gives all-clear to 2018/2022 bids

The soccer World Cups of 2018 and 2022 are set go ahead in Russia and Qatar as planned after Fifa's ethics committee said on Thursday it could find no grounds for reopening the controversial bidding process. In a long-awaited

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Russia, Iran sign nuclear plant construction deal

Russia will build two new nuclear power plant units in Iran under an agreement signed in Moscow on Tuesday between subsidiaries of the two countries' state atomic agencies. The agreement precedes a November 24 deadline for a d

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