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Context on Energy
News Russian court rejects Siemens' plea to seize its turbines in Crimea

MOSCOW (Reuters) - A Moscow court has rejected a request by Siemens to seize its gas turbines, which have turned up in Crimea contrary to EU sanctions, and to ban their installation ahead of preliminary hearings next month, the court's ruling showed on Sunday.

  • August 20, 2017
News Rosneft, partners to announce acquisition of India's Essar Oil completed

NEW DELHI/MUMBAI (Reuters) - A consortium led by Russian oil major Rosneft(ROSN.MM) will announce on Monday completion of a $12.9 billion deal to acquire Indian private refiner Essar Oil, strengthening ties between the world's largest oil producer and the fastest growing fuel consumer.

  • August 20, 2017
News Exclusive: China's CEFC in early talks to buy Rosneft stake - sources

CEFC China Energy, which has grown from a niche oil trader to a sprawling energy conglomerate, is in talks to acquire a stake in Russian state oil giant Rosneft (ROSN.MM), three people with direct knowledge of the discussions said.

  • August 17, 2017
News Saudi Arabia cuts crude oil allocations in September by more than its OPEC pledge

Saudi Arabia will cut crude oil allocations to its customers worldwide in September by at least 520,000 barrels per day, an industry source said on Tuesday, as the top oil exporter makes good on its pledge to help rein in a global supply glut.

  • August 9, 2017
News Japan, Russia need to enhance trust before gas pipeline plans: minister

Japan and Russia need to work on building a more trusting relationship before any plans to build a natural gas pipeline between the two nations can be fulfilled, Japan's Minister for Economy, Trade and Industry Hiroshige Seko said on Monday.

  • August 7, 2017
News Russian gas pipelines to go ahead despite U.S. sanctions

MOSCOW/BRUSSELS (Reuters) - New U.S. sanctions will make it harder for Russia to build two gas export pipelines to Europe but the projects are unlikely to be stopped.

  • August 3, 2017
News Trump says he is considering quotas, tariffs on Chinese steel dumping

U.S. President Donald Trump said he is considering quotas and tariffs to deal with the "big problem" of steel dumping from China and others.

  • July 13, 2017
News Trump to promote U.S. natgas exports in Russia's backyard

President Donald Trump will use fast-growing supplies of U.S. natural gas as a political tool when he meets in Warsaw on Thursday with leaders of a dozen countries that are captive to Russia for their energy needs.

  • July 3, 2017
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