EU hopes closer to talks with Russia on divisive Nord Stream pipeline
A top European Commission official said on Friday European Union members would be asked within days to give the bloc's executive a mandate to negotiate with Russia over the Nord Stream 2 gas pipeline, which has bitterly divided the bloc.
Oil rises 2 percent after Saudi and Russia back longer supply cut
Oil jumped more than 2 percent to its highest in more than three weeks on Monday, topping $52 a barrel after Saudi Arabia and Russia said that supply cuts need to last into 2018, a step toward extending an OPEC-led deal to support prices for longer than first agreed.
Bulgaria seeks private investors for nuclear project
Bulgaria is seeking private investors to build a nuclear power plant on the Danube River, which was canceled five years ago, Prime Minister Boiko Borisov said during a phone call with Russian President Vladimir Putin on Thursday.
Oil rebounds on Saudi assurances Russia will extend supply cuts
Oil prices closed 1.5 percent higher on Friday, rebounding from five-month lows, following positive U.S. jobs data and assurances by Saudi Arabia that Russia is ready to join OPEC in extending supply cuts to reduce a persistent glut.
U.S. will not give Exxon permission to drill in Russia
The United States will not make an exception for American companies, including oil major Exxon Mobil Corp, seeking to drill in areas prohibited by U.S. sanctions on Russia, Treasury Secretary Steven Mnuchin said on Friday.
Iran challenges need to ship out excess material under nuclear deal
Iran has challenged the need for it to ship sensitive material abroad if its stock exceeds a limit set by its nuclear deal with major powers.
Exclusive: Venezuela's cash-strapped PDVSA offers Rosneft oil stake - sources
Venezuelan state oil company PDVSA has offered Russian counterpart Rosneft a stake in a joint venture in the country's Orinoco Belt extra-heavy crude area, five industry sources said, in a sign of the Latin American nation's dire economic situation and Moscow's growing muscle there.
Poland to use 'all legal means' to block Gazprom's EU antitrust deal
Poland aims to use "all legal means" to block the European Union's proposed terms for settling its antitrust investigation into Russian gas company Gazprom (GAZP.MM), the country's foreign minister said on Wednesday.
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