Russia’s Novak: Better to scrap oil output pact when demand increases -RIA

Russian Energy Minister Alexander Novak said on Wednesday it would be better to terminate a global…

Russia floats massive new ship with nuclear reactors

Russia held a launching ceremony for a powerful nuclear icebreaker, called Sibir (Siberia), in its bid…

Nigeria to buy MiG fighters, artillery equipment from Russia

Nigeria is considering purchasing Russian military equipment and is particularly interested in MiG fighters, Yak-130 aircraft,…

FG to buy MiG fighters, artillery equipment from Russia

Nigeria is considering purchasing Russian military equipment and is particularly interested in MiG fighters, Yak-130 aircraft,…

Russia to privatize its largest shipping company

Russia is in talks with Asian investors on the privatisation of state shipping company Sovcomflot, the…

Russia says Greenpeace boat ruling will encourage illegal protests

Russia has rejected a ruling by an international arbitration court which said Moscow must pay damages…

Russia fined $6m over Greenpeace ‘Arctic Sunrise’ seizure

  Russia must pay the Netherlands more than 5 million euros ($5.79 million) in damages for…

Nigerian oil minister unable to attend Russia meeting -Kuwait minister

Nigeria’s oil minister is unable to attend the OPEC and non-OPEC ministerial monitoring committee meeting in…

OPEC breaks own record as compliance to oil deal hits 106%

The Organisation of Petroleum Exporting Countries (OPEC) has beat its own oil cut compliance record, which…

OPEC panel looking at deepening, extending oil cuts -Sources

An OPEC panel reviewing scenarios for the oil producer group’s meeting next week is looking at…

Oil prices extend gains

Oil prices gained further Tuesday, boosting energy companies’ shares, after Russia and Saudi Arabia indicated they…

Oil rises on expectations of extended OPEC-led production cut

Oil prices rose on Friday as traders expected OPEC-led production cuts to extend beyond the middle…