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Vladimir Putin

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  • Armenia's GDP growth slows to 3.4 pct in 2014 Friday, 27 Feb 2015 | 7:16 AM ET

    YEREVAN, Feb 27- Armenia's gross domestic product growth slowed to 3.4 percent in 2014 from 3.5 percent in 2013, and was down from an initially projected 5.2 percent, the National Statistics Service said on Friday. It also belongs to Russian President Vladimir Putin's Eurasian Union, a bloc he hopes will rival the European Union. The International Monetary Fund...

  • * "Now we know China better," deputy PM says. KRASNOYARSK, Russia, Feb 27- Russia may consider allowing Chinese investors more than 50 percent stakes in its strategic oil and gas fields, an official said on Friday, an about-face by Moscow that underlines its need for foreign help to develop energy reserves. But now that Western sanctions over Moscow's role in Ukraine...

  • MOSCOW— Cash-strapped Ukraine sought to buy time in its effort to ensure continued gas supplies from Russia, making a $15 million payment to Moscow on Friday as it waits for international rescue loans to arrive. That increases pressure on Ukraine to strike a deal at an upcoming meeting with Russian officials in Brussels on Monday, amid rising fears in Europe...

  • *Statoil shuts Statfjord C platform in North Sea. SINGAPORE, Feb 27- Crude oil futures rebounded on Friday, with Brent heading for its biggest monthly gain since May 2009, as supply outages in the North Sea and renewed fears of gas supply disruption in Europe supported prices. Norwegian energy firm Statoil has shut its Statfjord C platform in the North Sea after...

  • Brent approaches $61, set to end 7-month losing streak Thursday, 26 Feb 2015 | 9:24 PM ET

    *Statoil shuts Statfjord C platform in North Sea. SINGAPORE, Feb 27- Crude oil futures rebounded on Friday, with Brent heading for its biggest monthly gain since May 2009, as supply outages in North Sea and renewed fears of gas supply disruption in Europe supported prices. Norwegian energy firm Statoil has shut its Statfjord C platform in the North Sea after...

  • NEW YORK, Feb 26- Crude oil futures fell sharply on Thursday as rising inventories in the United States pressured both Brent and U.S. contracts and countered expectations for recovering demand. While Brent losses were tempered by those expectations for improving global demand and geopolitical concerns about energy supplies from Libya and Russia, U.S. crude...

  • NEW YORK, Feb 26- Crude oil futures fell on Thursday, as rising inventories in the United States pressured both Brent and U.S. contracts and countered expectations for recovering demand. Brent losses were tempered by those expectations for improving global demand and geopolitical concerns about energy supplies from Libya and Russia. Brent April crude was...

  • After months in which Kiev has been faithfully paying for gas and Moscow reliably supplying it under a deal brokered by the European Union, this week has seen the quarrel erupt anew. Russia, which has cut off the gas three times in the past decade, including for six months last year, has once again threatened to switch off supplies unless Ukraine sends more money...

  • BERLIN, Feb 26- Germany is considering buying more tanks in the light of the Ukraine crisis and Europe's deteriorating relations with Russia, after years of drastic cuts left the military operating with just 75 percent of the heavy equipment it needs. "NATO has set new goals on flexibility and rapid reaction time. Lawmakers on both sides of Germany's right-left...

  • MOSCOW, Feb 26- Kremlin-controlled Gazprom said on Thursday it would exempt gas supplies to rebel-held regions from its main contract with Ukrainian Naftogaz, days before Kiev uses up gas volumes it has already paid for. The dispute flared up last week when Gazprom said it started direct gas supplies to the regions of eastern Ukraine held by pro- Moscow rebels.

  • Russia could cut off gas to Ukraine by 'end of week' Thursday, 26 Feb 2015 | 6:15 AM ET

    MOSCOW— Russia could cut off supplies to neighboring Ukraine by the end of the week if it does not get further payments from the country, state-owned gas company Gazprom said Thursday. Spokesman Sergei Kupriyanov said in televised remarks that "if no new funds are received from Kiev, then naturally we cannot continue delivering gas to Ukraine."

  • *Ukraine says it is too early to follow suit. *Ukraine reverses currency trading halt. KIEV/ MAKIYVKA, Ukraine, Feb 25- Ukraine came under greater economic pressure after unexpectedly banning most currency trading and then abruptly reversing course, wreaking havoc on the hryvnia, just as a truce in the east took hold on Wednesday with no combat fatalities reported.

  • LONDON/ MOSCOW, Feb 25- Gas giant Gazprom's oil arm is shifting its trading operations from Austria back to Russia, it said on Wednesday, with industry sources saying the firm wanted to protect huge revenues from potential seizure as Moscow's relations with the West worsen. A decision by Gazprom Neft to relocate trading from Vienna to St Petersburg, Russia's...

  • MOSCOW, Feb 25- The Kremlin was presented with a plan to annex the Crimea peninsula and eastern Ukraine before the overthrow of the country's Moscow- leaning president last year, an independent newspaper reported on Wednesday. Russia has denied it had a plan to annex Crimea before President Viktor Yanukovich fled Kiev on Feb. 21 last year and says it acted in...

  • *Ukraine says it too early to follow suit. KIEV/ MAKIYVKA, Ukraine, Feb 25- Ukraine came under increasing economic pressure from a collapsing currency and a threat to its gas supplies from the Kremlin on Wednesday, just as a long-awaited ceasefire took hold in the east. In rebel-held eastern Ukraine, pro-Russian separatists were withdrawing heavy guns from the...

  • Putin threatens Ukraine with gas cutoff Wednesday, 25 Feb 2015 | 11:14 AM ET

    MOSCOW— President Vladimir Putin warned Wednesday that Russia will cut gas supplies to Ukraine if it fails to pay in advance for future deliveries. Putin said that Ukraine's latest payment would be good only for another three to four days, warning that Russia will have to turn off the tap if Ukraine doesn't remit payment quickly. Last week, Russia accused Ukraine...

  • *Ukraine says Gazprom delivers less than already paid. NOVO-OGARYOVO, Russia, Feb 25- President Vladimir Putin warned on Wednesday that Russia would halt gas supplies to Ukraine if it did not receive advance payment, raising the possibility of onward deliveries to Europe being disrupted for the fourth time in a decade. Kiev and Moscow have argued over gas...

  • *Ukraine says it too early to follow suit. KIEV/ MAKIYVKA, Ukraine, Feb 25- A long-awaited truce took hold at last in east Ukraine on Wednesday, with the army reporting no combat fatalities for the first time in weeks, but the news did nothing to halt a currency collapse that forced the central bank to ban most trading. In rebel-held eastern Ukraine, rebels were...

  • MOSCOW— The chairman of the Russian Security Council says Western sanctions are threatening the country's oil and gas industry. The United States, the European Union and other countries last year imposed sanctions against Russia for its role in the Ukrainian conflict. Nikolai Patrushev, who is believed to be one of President Vladimir Putin's most...

  • With Moscow in financial crisis, it is not clear if its latest plan- a route passing through Turkey, Greece, Macedonia and Serbia, then into Hungary and perhaps on to Austria- will ever come to fruition. But even if it only exists on paper, it may undermine funding for rival projects and, at a time of heightened tensions over Ukraine, sow division between EU members over...