How the Newest U.S. Export May Leave Russia With Excess Gas

With the U.S. as a potential source of gas, Russia has less leverage with a once-dependent Europe.

Russia, China sign raft of deals in Moscow

MOSCOW (AP) -- Russian and Chinese leaders have signed a plethora of deals in Moscow, including billions in infrastructure loans for Russia.

EU charges Gazprom with market abuse

The Commission said its preliminary view was that the Russian energy giant was breaking EU anti-trust rules. It added Gazprom may have limited its customers' ability to resell gas, potentially allowing it to charge unfair prices in some EU member states.

Russian PM Medvedev vows to keep economy open, hails pivot to China

(Reuters) - Prime Minister Dmitry Medvedev said on Friday that Russia would not isolate its sanctions-hit economy from the West but said improving relations with Asian countries has become a key strategy.

Ukraine crisis: EU adopts new sanctions on Russia

European Union member states have formally adopted new sanctions on Russia over the Ukraine crisis.

Russia, China to create joint rating agency as ties grow

(Reuters) - Russia and China have reached an agreement to create a joint credit rating agency and are working on a series of measures to make trade easier, Russia's finance minister said on Tuesday, a sign of growing ties between the neighbors.

Saudi Arabia’s Oil Minister Ali al-Naimi Says His Country Will Supply More Oil If Ukraine Crisis Creates Shortage

Saudi Arabia, the world’s largest producer and exporter of oil, on Monday sought to reassure markets by stating that it is willing to increase the supply of crude if the ongoing crisis in eastern Ukraine created a shortage.

Side deals with Moscow thwart drive to wean Europe off Russian gas

(Reuters) - While officials in Brussels were calling for Europe to reduce its dependency on Russian natural gas and negotiate with Moscow as a bloc, Austria was quietly bypassing the European Commission to cut its own bilateral deal on building a pipeline.

European leaders ask Obama to allow increased exports of US shale gas

European leaders on Wednesday asked Barack Obama to share the US's shale gas bonanza with Europe by facilitating gas exports to help counter the stranglehold Russia has on the continent's energy needs.

Bank Rossiya Becomes First Russian Lender Under U.S. Sanctions

OAO Bank Rossiya, a St. Petersburg-based lender owned by associates of Russian President Vladimir Putin, became the first financial institution to face U.S. sanctions over the Ukraine crisis.

European Union to meet Russian President, Vladimir Putin amid growing tension over pressing issues

BRUSSELS: Russian President Vladimir Putin and the European Union's top two officials were set to hold "clear the air" talks in Brussels on Tuesday after months of growing tension over Ukraine and trade and energy disputes.

Russia halts Lithuania dairy imports in trade row

Russia has halted imports of Lithuanian dairy produce amid tensions over EU plans to forge closer ties with ex-Soviet republics.

Greece Seeks an Edge as Troika Returns to Athens

ATHENS — The international lenders overseeing Greece’s bailout were back in Athens on Monday for their latest audit, with Greek officials hoping that dissent in the lending group might allow them new negotiating room.

Russia economy chief reports $12.6 mn in joint income

Vladimir Putin's economic pointman reported $12.6 million in joint family income on Thursday in a disclosure published following allegations that he had made huge profits through crony deals.