• MOSCOW/ LONDON, July 9- With President Vladimir Putin watching from afar, the head of Rosneft, Igor Sechin, launched the world's biggest oil drilling platform in the Okhotsk Sea to warm handshakes with his colleagues from ExxonMobil.

  • MOSCOW, July 9- Wall Street bank JPMorgan Chase& Co is reducing equity market staff in Russia as business falls off in areas such as initial public offerings due to the Ukraine crisis, two financial sources said.

  • BRICS to launch New Development Bank next week - Russia Wednesday, 9 Jul 2014 | 2:47 AM ET

    MOSCOW, July 9- Leaders of the BRICS nations will launch their long-awaited development bank at a summit next week and decide whether the headquarters should be in Shanghai or New Delhi, Russian Finance Minister Anton Siluanov said on Wednesday.

  • Russia's Ukraine tactics 'guided by fear: Foreign Min  Wednesday, 9 Jul 2014 | 2:15 AM ET

    Ukraine's deputy minister of foreign affairs Danylo Lubkivsky, says Russia wants to stop Ukraine moving closer to the EU for fear of losing control in the region.

  • We're open to talks with Russia: Ukraine Foreign Min  Wednesday, 9 Jul 2014 | 2:15 AM ET

    Ukraine's deputy minister of foreign affairs Danylo Lubkivsky, says the government is ready to "conduct open and transparent" dialogue with Russia.

  • Putin's 'Eurasian dream falling apart': Pro  Wednesday, 9 Jul 2014 | 2:15 AM ET

    Jan Randolph, director of sovereign risk at IHS, says Putin's strategy to create a "Eurasian dream" has been a "disaster".

  • U.S. officials urge Ukraine to reform natgas market Tuesday, 8 Jul 2014 | 6:06 PM ET

    WASHINGTON, July 8- Ukraine must reform its historically inefficient and corrupt natural gas markets to guard against Russian aggression and supply controls, U.S. State Department officials told lawmakers on Tuesday. After invading and annexing Crimea this year, Russia cut off natural gas supplies to Ukraine last month in a dispute over unpaid bills.

  • After Borat: Kazakhstan sets its sights on America Tuesday, 8 Jul 2014 | 1:00 PM ET
    Mangistau region of Kazakhstan. Oil and gas industry.

    For those interested in putting money into the oil-rich nation, a new directive has made it more appealing.

  • PARIS, July 8- The chief executive of French oil major Total is giving himself until the end of the year to strike oil at a big new field somewhere in the world before considering whether to change direction and cut the exploration budget.

  • PARIS, July 8- Europe should stop thinking about cutting its dependence on Russian gas and focus instead on making those deliveries safer, including options to bypass Ukraine, the head of French oil major Total told Reuters.

  • WASHINGTON, July 7- President Barack Obama and French President Francois Hollande decided on Monday that Europe should impose further costs on Russia if Moscow does not immediately take steps to de-escalate tensions in eastern Ukraine, the White House said. The two leaders spoke by phone.

  • The planned talks would follow weeks of debate to try to solve a row over how much Russia charges Ukraine for its gas, which has led Russian gas company Gazprom to cut off supplies to Ukraine.

  • *EU had set deadline for Ukraine rebels to meet conditions. BRUSSELS, July 7- European Union governments have agreed in principle to expand the list of people targeted with asset freezes and travel bans over the Ukraine crisis, diplomats said on Monday.

  • DONETSK, Ukraine, July 7- Pro-Russian rebels erected new barricades on the streets of Donetsk on Monday, preparing to make a stand in the city of a million people after losing their bastion in the town of Slaviansk in the worst defeat of their three-month uprising. Ukraine's richest man, Rinat Ahmetov, pleaded with the government on Monday not to bomb his home city.

  • MOSCOW, July 7- Three weeks before Ukraine's army forced rebel fighters out of the strategic eastern city of Slaviansk, their commander made a desperate plea for military help from Russia.

  • Ukraine ‘highest risk’ for Slovakia: Deputy PM Monday, 7 Jul 2014 | 8:14 AM ET

    Slovakia's proximity to Ukraine, which is in conflict with Russia, poses dangers, the Slovak deputy prime minister told CNBC.

  • Daragh McDowell, senior Russia analyst at Maplecroft, says pro-separatist fighters in Ukraine may lay down their arms if they realize their campaign is hopeless.

  • RPT-Crimea euphoria fades for some Russians Monday, 7 Jul 2014 | 2:00 AM ET

    MOSCOW, July 6- When she was asked to give up a day's pay to help Crimea, Russian hospital therapist Tatyana could not hide her anger- why should she subsidise others when struggling to make ends meet herself?

  • Gas shortage ‘key risk’ for eastern Europe Monday, 7 Jul 2014 | 1:07 AM ET
    Construction workers weld together two giant pipes near the village of Sajkas, 80 kilometers from Belgrade

    Overreliance on Russian gas leaves Europe vulnerable if the Ukraine conflict escalates, analysts warned.

  • Peter Kazimír, deputy Prime Minister and Finance Minister of Slovakia, says the country is "fully dependent" on Russian oil and gas.