Turkey neither recognizes Cyprus’s maritime borders nor the agreements its exclusive economic zones. Nicosia manages the gas exploration in the waters it considers its own.
"If Greek-Turkish tensions escalate, the possibility of another ill-timed military provocation could escalate with them... Moreover, such a conflict might open up an even greater opportunity...
OPEC supplier Saudi Arabia also increasing crude production, but US set to overtake due to tremendous development in shale oil extraction
The re-election of Vladimir Vladimirovich Putin has energized the Russian economy. A series of reports that have come since the March 18 Presidential election shows that...
In the final ignominy of the West's epic failure to depose Assad, they've not only lost the war - they've lost Syria's resources
Moscow and Riyadh sign several big energy deals last week, advancing and solidifying Russia's place in the world oil markets
Russia is taking over Syria’s oil and gas.
Russia's energy minister says the country may be on its way out of the agreement to cut output by 300k barrels a day
$80 per barrel estimated within possibility after Futures continue to rally after 22% gain over the last year
Russia is now producing 10.98 million barrels per day, according to the country's Energy Ministry
With Russian influence in the Mideast at near all-time highs, will cooperation extend beyond oil?
New sovereign bonds issued in currency other than the dollar pose a threat to Washington's control of the financial system
China's Belt and Road Initiative heralds a new era with mega infrastructure projects dotting the landscape
The growing acceptance of digital currencies and the coming launch of Bitcoin futures poses a threat the world reserve currency
The parties agreed to retain production cuts in order to support oil prices at $50-$60 dollars a barrel
China is the second largest holder of emergency crude stockpiles in the world.
Against the expectations of some, Moscow will reportedly continue its deal with the oil cartel
Experts say lower oil prices could actually benefit the Russian economy
Though counter-intuitive, there are several grounds Russia may want less entering its coffers from petroleum
Higher crude prices mean more spending money in Middle-Eastern pockets
Oil prices rise above $60 a barrel on fears of instability in Saudi Arabia
In the heart of petro-capitalism, a revolution is not being televised.
The US measures designed to hurt Russia's economy are not having the intended effect
(bne intellinews) – Russian President Vladimir Putin affirmed his strong support for the multilateral nuclear deal with Iran during his one-day trip to Tehran on November...
If no deal is reached with OPEC, Moscow says it won't continue limiting output next year
Russian President Vladimir Putin says the country's economy has overcome stagnation.
While Western banks are evaluating the potential impact of the latest round of U.S. sanctions on Russia, Moscow is committing funds to Artic development.
The CEO of Russia’s largest oil company Rosneft Igor Sechin has said that oil will remain the principal fuel for many years.
Here is how much Russia's oil reserves have grown in the past nine months.
Nicolas Maduro is in Moscow for Russian Energy Week along with many other heads of state from energy producing nations.
The week-long event will discuss prospects of developing oil, gas, coal, and petrochemical industries.
Moscow–(RT) Russia’s Gazprom has topped the S&P Global Platts 250 rating of the world’s energy companies. The company has ousted US oil and gas giant ExxonMobil...
Here is everything you need to know about the new geopolitical strategy of Russian state-owned oil majors.
A menacing mixture of bluff and bluster conceals a strategy to gain control of the choke points of world trade
The oil price could go as low as $40 per barrel, if OPEC+ deal is not extended.
The move is remarkably similar to one taken by Iraq in the year 2000.
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