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Russia Courts Foreign Banks as Funding Crunch Overtakes Politics

February 8th, 2016 (0)
Goldman, Citigroup among 20 foreign underwriters approached Allianz says Russia needs to tap Eurobond market this year Pressure is mounting on Russia to break the vow of abstinence on selling Eurobonds it has maintained since the U.S. and Europe ...

Russia wants to talk to OPEC about output cuts to bolster oil price

January 28th, 2016 (0)
Russian officials have decided they should talk to Saudi Arabia and other OPEC countries about output cuts to bolster oil prices, the head of Russia’s pipeline monopoly said on Wednesday, remarks that helped spur a sharp rise in world ...

Russian Oil: Output Grows as Prospects Shrink

January 25th, 2016 (0)
Plummeting prices and U.S.-led sanctions raise questions about Russian oil’s capacity to continue underwriting Putin’s global ambitions In the frosty swamplands of West Siberia, the drilling rigs of oil giant OAO Lukoil are helping raise Russia’s oil output to its highest ...

Russia tightens screws on currency exchanges

December 29th, 2015 (0)
The Central Bank of Russia has implemented stricter rules on cash exchanges in the country. The policy is expected to tackle money laundering and the bankrolling of terrorism. Starting from Sunday, the authorities require clients to provide a full ...

Greece turns to USA for Natural Gas

October 29th, 2015 (0)
The ever changing dynamic in the Southeast European natural gas sector is seeing a shift in strategy by the Greek government, which is pressing hard for the introduction of prospective supplies of US LNG moving into Europe, via the ...

Oil Market Showdown: Can Russia Outlast The Saudis?

October 19th, 2015 (0)
“Two men enter, one man leaves, two men enter, one man leaves, two men enter…”  Oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. This decision set crude prices on ...

China’s Economic Woes Jeopardize Putin’s Pipeline, Energy Trade Between Russia, China

August 28th, 2015 (0)
For the past decade, Russian President Vladimir Putin has been putting plans in place to free Russia from energy dependency on European markets with a series of projects that aim to capitalize on the economic clout of China. But ...

Russia’s Banks Turn Away Clients as Borrowers Fall Behind

August 4th, 2015 (0)
JSC Alfa Bank, the Russian private bank founded by billionaire Mikhail Fridman, is scaling back lending for all but the most affluent clients after a growing share of customers fell behind on payments this year. The Moscow-based bank last ...

Russia Beats Saudi Arabia to Become China’s Top Oil Supplier

June 24th, 2015 (0)
Russia surpassed Saudi Arabia to become China‘s top oil supplier in May, news agency Bloomberg reported Tuesday, underlining the Kremlin’s efforts to boost ties with Beijing amid frosty relations with the West over the Ukraine crisis. Russian exports accounted for one-third of all China’s oil imports in May, ...

Could Russia afford to bail out Greece and what would that mean?

June 22nd, 2015 (0)
There are deep cultural and historical ties between Greece and Russia. In terms of religion, the majority faith in both countries is Eastern Orthodox. And Russia has a track record of standing up for Greece, like it did during ...
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