Go after the Russian oligarchs? Target Russian assets abroad? William Taylor, former U.S. Ambassador to Ukraine, and Stephen Myrow, Beacon Policy Advisors managing partner, discuss how to get Putin to back out of Crimea.» Read More
State-controlled Rosneft strengthened its position as the nation's top oil company on Tuesday, announcing that it would buy nearly 600 filling stations and other facilities that once belonged to the bankrupt Yukos oil company.
John Kilduff, senior vice president and energy analyst at Man Financial, appeared on CNBC's special "Power Lunch at the Four Seasons" to give his outlook for oil and gasoline -- and to explain why easing tensions in Nigeria haven't made him bearish on either.
Italian energy company Eni and Russia's state-controlled Gazprom on Saturday said they signed a memorandum of understanding on the possibility of supplying Russian gas to European Union countries through a pipeline under the Black Sea.
BP said on Friday its Russian joint venture TNK-BP had agreed to sell Gazprom its 62.89% stake in Rusia Petroleum, the company which holds the licence for the Kovykta gas field in East Siberia.
Russian gas export monopoly Gazprom could raise production to 670 billion cubic metres (bcm) a year by 2020 rather than the planned 590 bcm, if the market needs more gas, a senior executive said on Thursday.
Wall Street is looking for direction and futures are little changed this morning, though stock markets around the world gained ground after Friday's U.S. market rally. Oil is slightly firmer, the dollar is up, and interest rates remain a cause for concern in the stock market.
The Group of Eight wealthy-nation summit in Germany is ending Friday. Now, the question arises: Is the G8 still able to confront global issues or has it become outdated? Ian Vasquez, director of the CATO Institute’s Center for Global Liberty & Prosperity, and P.J. Crowley, senior fellow and director of homeland security at the Center for American Progress, presented differing views on “Morning Call.”
Norilsk Nickel, the world's largest nickel and palladium miner, said on Friday 2006 net profit more than doubled on record prices and the sale of a stake in South African miner Gold Fields.
Russian stocks have posted outstanding returns in the last six years, but market pros say investors may want to pause before jumping headfirst into the maturing economy.
This meeting of the world's richest nations may be the most challenging one for the U.S. in years, given the growing power of Russia and China.
Russian President Vladimir Putin proposed to US President George W Bush setting up a joint missile radar base in Azerbaijan to overcome a crisis between the two countries.
Mike Huckabee, former Arkansas governor and presidential candidate, told “Squawk Box” he’s “running the electric car of presidential campaigns.” Huckabee advocated change on several key fronts: taxation, health care and U.S. relations with Russia -- and used the NASCAR race as an analogy for his competitive edge.
Big business is on the back burner at the Group of Eight summit. Instead of focusing on concerns about hedge funds, fluctuating currencies and better transparency in financial dealings, the world's eight wealthiest nations are putting their full focus on climate change and watching to see if a new spat between the U.S. and Russia could develop into another cold war.
Italy's Enel, which is poised to take over Spain's biggest utility, will expand its presence in Russia after it beat rivals to buy a one-quarter stake in the Russian wholesale generation company OAO OGK-5 for about $1.52 billion.
President Vladimir Putin said Russia would go back to its Cold War stance of aiming its missiles at Europe if Washington went ahead with a plan to build a missile defence shield near Russia's borders.
Regulators postponed a decision Friday on revoking the license of BP's Russian joint venture for a giant gas field, days before President Vladimir Putin heads into a Group of Eight summit amid grumbles about the Kremlin using energy as a political weapon.
The morning-after-the-night-before mood is haunting the European bourses from the open Wednesday. Investors could be forgiven for being nervous, the Chinese bourses sold off on news the government is tripling the tax charged on share transactions.
Russian airline S7, formerly called Sibir, has signed a $2.4 billion contract for 15 Boeing 787 "Dreamliner" planes, Russia's Interfax news agency quoted a company statement as saying on Tuesday.
Russian metals giant Norilsk Nickel has aised its offer for Canadian miner LionOre to C$27.50 ($25.30) a share, valuing the company at approximately C$6.8 billion ($6.26 billion), Norilsk said on Wednesday.
Russia's Gazprom and Belarus have postponed a deal to allow Gazprom to buy 12.5% in the state gas pipeline operator of Belarus, Gazprom and an official in Minsk said on Friday.