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News
Russian oil giant seeks funds earmarked for pensions
Russia's Rosneft (ROSN.MM), which produces more oil than Iraq or Iran, is seeking a $42 billion loan from a fund earmarked for Russian pensions to help it weather Western sanctions imposed over Moscow's role in Ukraine.
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Petrol prices rise in Crimea despite Russian promise
The cost of petrol has risen in Crimea for the first time since Russia seized the Black Sea peninsula from Ukraine in March, despite a promise by Moscow to reduce the price.
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Ukraine says EU reverse gas flows lower on Gazprom opposition
Ukrainian Energy Minister Yuri Prodan said on Wednesday reverse gas flows from the European Union to Ukraine had fallen because of opposition from Russian gas producer Gazprom.
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U.S., Iran say disputes remain in nuclear talks as deadline looms
U.S. Secretary of State John Kerry said on Sunday major differences persist between Iran and six world powers negotiating on Tehran's nuclear program, with a week to go before a deadline for a deal.
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Russia hopeful of Iran nuclear deal despite 'difficult' talks
Russia said on Thursday talks between world powers and Iran were "extremely difficult" but Moscow still hoped a long-term deal to end the standoff over Tehran's nuclear program could be reached by July 20.
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Ukraine prepares for gas cuts as Russia stands firm
Ukraine began preparing on Friday for Russia to cut off its gas after talks on long-running price dispute broke down, raising the prospect of supplies to the European Union also being disrupted from Monday.
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Gas price talks resume, Kiev rejects latest Russian offer
Russia and Ukraine resumed efforts to settle their gas price row on Wednesday after Kiev rejected a proposal that would have cut its gas bill by around a fifth and averted a possible suspension of supplies that would also hit the rest of Europe.
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Putin says Gazprom may need new capital after China deal
President Vladimir Putin said on Wednesday that Russia should consider recapitalizing state gas company Gazprom after a $400 billion deal with China which will require multi-billion-dollar investments in pipelines and new fields.
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