Germany says further sanctions against Russia must target right people
Further sanctions against Russia need to target the right people, German Foreign Minister Heiko Maas said on Wednesday, adding that cancelling the Nord Stream 2 gas pipeline would merely push Russia closer to China.
UPDATE 1-Russia says it has paid Belarus full compensation for tainted oil -RIA
Russia’s ambassador to Belarus said on Wednesday that Moscow had fully compensated Minsk for the 2019 contaminated oil crisis, Russian news agencies reported, a statement that Belarus subsequently questioned.
Worried about weak oil demand, OPEC pledges action
OPEC and allied producers on Monday pledged action to support the oil market as concerns mounted that a second wave of the COVID-19 pandemic will hobble demand and an earlier plan to raise output from next year would further depress prices.
Russia's Gazprom Neft sees oil demand returning to pre-crisis levels in second-half 2021
The chief executive of Russian oil producer Gazprom Neft SIBN.MM said he expects global oil consumption to return to pre-crisis level in the second half of 2021, slightly later than the energy ministry's forecast for the second quarter.
Oil steady on tighter supply, but virus fears cap gains
Oil prices were steady on Monday, supported by tighter supplies from major producers but held in check by concerns over a rise in coronavirus infections worldwide that could stall a recovery in fuel demand.
Russia in constant contact with OPEC+ nations, gives no meeting time
Russia’s Energy Minister Alexander Novak is in constant contact with ministers of other OPEC+ nations, the Kremlin said on Thursday, but did not confirm the timing of an expected meeting to discuss oil output cuts.
Fuel leak risk at Arctic mining site flagged by Russia years before spill: RBC
A Russian safety watchdog warned a subsidiary of mining giant Norilsk Nickel in 2017-2018 about dozens of violations at a fuel site in the Arctic where a huge leak of diesel fuel occurred last week, the RBC media portal reported on Friday.
U.S. senators move to tighten sanctions on delayed Russia-to-Germany gas pipeline
U.S. senators announced a bill on Thursday expanding sanctions on Russia’s Nord Stream 2 natural gas pipeline and targeting the project Washington says will boost Moscow’s economic and political influence in Germany and other European countries.
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