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Russia’s Former Economy Minister Sentenced To 8 Years In Jail

Last November, one week after Trump’s election and just as the “Russian collusion” narrative in the US was getting warmed up, we reported a bizarre incident in the top echelons, one in which Russia’s Economy Minister Alexey Ulyukayev was arrested on suspicion of taking a $2 million bribe in return for his ministry‚Äôs support of […]


Russia Goes All In On Arctic Oil Development

Authored by Tsvetana Paraskova via OilPrice.com, Neither sanctions nor persistently low oil prices are hindering Russia’s ambitions or plans to develop oil resources in its sections of the Arctic. In April, state-controlled oil giant Rosneft started drilling the northernmost well on the Russian Arctic shelf in the Khatangsky license area in the Laptev Sea. In […]


Did This Oil & Gas Deal Just Change The Global Energy Balance?

Authored by Dave Forest via OilPrice.com, One of the biggest energy stories this year has been Russia’s Rosneft buying India’s Essar Oil – giving the Russian company a firm grip on one of the world’s biggest emerging oil and gas markets.  And this past week, that story got more complex. With Rosneft striking another big deal […]