Russia's top oil producer Rosneft is basing its budget for this year on an average oil price of $50 per barrel, the company's Chief Executive Officer Igor Sechin said on Wednesday.

• February 4, 2015

France will not for the moment deliver weapons to Ukraine for its fight with pro-Russian separatists, Defence Minister Jean-Yves Le Drian said on Wednesday.

• February 4, 2015

A Snapshot of Key Developments in the External Relations of the Russian Gas Sector
By Dr Jack Sharples, EGF Associate Researcher on the external dimensions of Russian gas and Lecturer in Energy Politics at the European University of St Petersburg

• Gazprom and the EU: European Commission again delays ruling on Gazprom’s usage of the OPAL pipeline
• Nord Stream: Gazprom abandons plans for Nord Stream extension
• South Stream: Gazprom agrees to buy out its European partners in South Stream Transport
• Turkish Stream: Gazprom agrees on a route for ‘Turkish Stream’ with its Turkish partners, as Botaş is named as the Turkish representative in the project
  - Is Gazprom’s determination to reduce dependence on Ukrainian gas transit realistic?
• Ukraine: Gazprom calls on Naftogaz to pay its debts and reminds them that the ‘Winter Package’ will end on the 1st of April
• Belarus: Gazprom could shut down its representative office and concentrate its activities in the HQ of its Belarusian subsidiary, Gazprom Transgaz Belarus
• China: Gazprom launches increased gas production in the Yamal Peninsula, leading to speculation that this gas is destined for export to China
  - Gazprom Marketing & Trading Singapore signs long-term contract with Yamal LNG

• February 4, 2015

BP said it would deepen capital investment cuts this year to adapt to lower oil prices after a surprise contribution from its stake in Russia's firm Rosneft helped it to beat quarterly profit forecasts.

• February 3, 2015

The United States is reconsidering whether to provide weapons to Ukraine in its fight against Russian-backed separatists, senior administration officials said on Monday, adding that no decision had been made.

• February 3, 2015

Stock markets rallied around the world on Tuesday while the U.S. dollar fell after the new Greek government dropped calls for a write-down of its foreign debt, easing concerns about growing instability in the euro zone.

• February 3, 2015

The West must be ready for a long standoff with Russia over Ukraine and not quickly resume normal ties as it did after the 2008 Georgian war, a top NATO official said on Monday.

• February 2, 2015

Greek Prime Minister Alexis Tsipras ruled out seeking aid from Russia and said on Monday he would pursue negotiations for a new debt agreement with European partners, but saw little sign of compromise from Germany.

• February 2, 2015