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EU's Juncker says South Stream pipeline can still be built
European Commission President Jean-Claude Juncker has insisted the $40 billion South Stream natural gas pipeline can still go ahead and accused Russia of holding EU-member Bulgaria to ransom when it said it had abandoned the project.
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EU, U.S. present Russia with united sanctions, energy front
U.S. and EU leaders will on Wednesday pledge to work together on sanctions and on strengthening the energy security of Europe and Ukraine, as they seek to present a united front to Russia, a draft document said.
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U.S. says to discuss possible new Russia sanctions with Europe
U.S. Secretary of State John Kerry will talk to European allies this week about imposing further sanctions on Russia if pro-Moscow separatists in Ukraine do not halt violence, a senior State Department official said on Tuesday.
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Russia drops South Stream gas pipeline project, Putin blames Europe
Russia's Gazprom (GAZP.MM) on Monday cancelled a project to construct the South Stream pipeline to supply gas to southern Europe - an apparent casualty of the dispute between Moscow and the West over Ukraine.
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Rosneft's Sechin says oil could fall below $60/barrel next year
Russia's most powerful oil official Igor Sechin said in an interview with an Austrian newspaper that oil prices could fall below $60 by mid-way through next year.
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EU expects stable gas supply even as Russian shipments yet to start
The European Union expects stable gas supplies this winter under a deal by Russia and Ukraine, a senior EU energy official said, even while Moscow has yet to resume shipments and Kiev has yet to pay in advance as agreed.
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Russia suspends coal supplies to Ukraine: Ukraine energy minister
Ukraine's energy minister said on Monday Russia had suspended coal supplies to Ukraine, a blow to domestic energy suppliers who are struggling with a severe lack of raw fuel for power plants due to a separatist conflict in the industrial east.
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Ukraine's Naftogaz plans to buy 1 bcm of Russian gas by end of year
Ukraine will buy 1 billion cubic meters (bcm) of natural gas from Russia by the end of the year and up to that same amount monthly through the winter, Naftogaz Chief Executive Andriy Kobolyev said on Monday.
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