GO
Loading...

Russia

More

  • SINGAPORE, Oct 23- U.S. oil futures fell further on Thursday after losing over $2 the session before as crude stockpiles in the world's top oil consumer surged far more than analysts had expected. *Front-month U.S. crude was down 9 cents at $80.43 a barrel by 0021 GMT. The 12- member OPEC meets on Nov. 27.

  • EU leaders seek climate deal, but are divided over costs Wednesday, 22 Oct 2014 | 7:00 PM ET

    *Poland leads objections, but is not alone. BRUSSELS, Oct 23- European leaders aim to agree a new decade of energy policy to cut climate-warming gas emissions out to 2030 at an EU summit on Thursday, though sharp differences over sharing the cost means a deal could elude them. The 28 member states want to set the pace for a global pact to be hammered out in Paris next year...

  • UPDATE 2-Total names refining boss to replace de Margerie Wednesday, 22 Oct 2014 | 11:38 AM ET

    PARIS, Oct 22- French oil company Total has appointed refining boss Patrick Pouyanne as chief executive to succeed Christophe de Margerie who was killed in a plane crash in Moscow this week. The world's fourth largest oil company also named Thierry Desmarest, a former Total CEO, as non-executive chairman. Total's choice of a man from the downstream business...

  • *Russia languishes near bottom of air safety league. *Russia lacks systematic approach to safety- pilot. Numerous official investigations and a crackdown in recent years have done nothing to raise Russia from near the bottom of the global league, largely due to weak regulation and the effects of sky-high alcohol consumption.

  • BUSINESS-NEWS-SCHEDULE AT 1230 GMT / 8.30 AM ET Wednesday, 22 Oct 2014 | 9:05 AM ET

    LONDON- European shares slip and the euro hit a one-week low as reports that at least 11 banks could fail a region-wide financial health check this weekend offset hopes of corporate bond buying by the ECB. MADRID/ VIENNA- The European Central Bank cautions against speculation over the outcome of its stress tests after a media report says at least 11 banks have...

  • MOSCOW- KAZAKHSTAN SEES ITS OIL OUTPUT RISING TO 90-100 MLN TONNES A YEAR AFTER 2020- DEPUTY ENERGY MINISTER.

  • PARIS, Oct 22- French oil major Total on Wednesday appointed refining head Patrick Pouyanne as chief executive and former CEO Thierry Desmarest as non-executive chairman. The nominations at the head of the world's fourth-largest integrated oil company came less than 48 hours after the brutal death of Chairman and CEO Christophe de Margerie in a plane crash...

  • Total acts swiftly to replace CEO killed in crash Wednesday, 22 Oct 2014 | 7:21 AM ET

    PARIS— French oil giant Total SA has named Patrick Pouyanne as chief executive to replace Christophe de Margerie, who was killed earlier this week in a plane crash in Moscow. The swift appointment indicates the board's desire to limit the uncertainty on one of France's biggest companies. Pouyanne is a graduate of two of France's top engineering schools, Ecole...

  • MOSCOW, Oct 22- Ukraine should be able to find ways of paying for Russian gas supplies within a week, Russian Energy Minister Alexander Novak said on Wednesday, suggesting a standoff would end once Moscow received financial guarantees from Kiev. The latest round of gas talks between Moscow and Kiev ended late on Tuesday in Brussels with no agreement in a dispute...

  • Snowplow driver says he didn't see Total CEO's jet Wednesday, 22 Oct 2014 | 6:15 AM ET

    MOSCOW— The driver of the snowplow that apparently caused the plane carrying the Total CEO to crash at a Moscow airport says he neither saw nor heard the private jet as it sped toward him down the runway in the dark. The driver is the only person to have been detained in the deaths of Total SA Chief Executive Christophe de Margerie and three French crew members, who...

  • MOSCOW, Oct 22- Russian Energy Minister Alexander Novak said on Wednesday he hoped the suspension of work by U.S. oil major Exxon Mobil in the Kara Sea because of Western sanctions would not affect wider offshore exploration in the Russian Arctic.

  • Fears over gas supply as Russia-Ukraine talks fail Wednesday, 22 Oct 2014 | 1:16 AM ET

    Russia and Ukraine failed to reach an accord on gas supplies for the coming winter in talks on Tuesday.

  • Christoph Kaml, CFO at Palfinger, says the Austrian crane-maker's international businesses are making up for the weak orders in Europe.

  • BRUSSELS, Oct 21- Russia and Ukraine failed to reach an accord on gas supplies for the coming winter in EU-brokered talks on Tuesday but agreed to meet again in Brussels in a week in the hope of ironing out problems over Kiev's ability to pay. After a day of talks widely expected to be the final word, European Energy Commissioner Guenther Oettinger told a news...

  • Total CEO killed in plane crash     Tuesday, 21 Oct 2014 | 1:20 PM ET

    CNBC's Michelle Caruso-Cabrera reports on the death of French oil giant Total's CEO. Christophe De Margerie was killed when his plane hit a snowplow at a Moscow airport.

  • BRUSSELS, Oct 21- Russia and Ukraine aim to resolve an impasse over natural gas supplies as their energy ministers meet in Brussels for talks brokered by the European Union's energy commissioner. Citing unpaid bills worth more than $5 billion, Russia cut off gas flows to Kiev in mid-June, adding to tensions sparked by Russia's annexation of Ukraine's Crimea...

  • The price of oil is not where Russia would like it Tuesday, 21 Oct 2014 | 11:46 AM ET
    The Arctic oil rig 'Prirazlomnaya' in the Barents Sea owned by energy giant Gazprom, near Naryan Mar, Russia.

    Russia could face budget problems if oil stays at recent lows—especially given a sliding ruble and Crimea-related costs.

  • * "Russia has lost a true friend," Putin. Known as "The Big Moustache" for his bushy, grey moustache, de Margerie, 63, was the most charismatic and outspoken oil executive of his generation who cultivated relationships with leaders across Africa, the Middle East and Europe. An opponent of Western economic sanctions against Russia, the Frenchman was close to President...

  • Total’s CEO killed after his plane hits snowplow Tuesday, 21 Oct 2014 | 8:04 AM ET

    Tributes pour in for Christophe de Margerie after the chief executive of Total died in a business jet crash in Moscow.

  • BRUSSELS, Oct 21- Russia and Ukraine aim to resolve an impasse over natural gas supplies on Tuesday as their energy ministers meet in Brussels for talks brokered by the European Union's energy commissioner. Citing unpaid bills worth more than $5 billion, Russia cut off gas flows to Kiev in mid-June, adding to tensions sparked by Russia's annexation of Ukraine's...