MOSCOW/SINGAPORE Russia's Gazprom Neft has sold its first ever Arctic oil cargo to China to ChemChina, two sources familiar with the deal told Reuters on Thursday.
MOSCOW Rosneft is set to buy a drilling business from IDS Group, a letter to IDS staff seen by Reuters showed, as the Russian oil giant continues its push into oilfield services to help reduce costs.
MOSCOW Russia is taking a leaf out of the U.S. shale playbook so it can ramp up oil production quickly and hang on to its share of the global market when demand finally recovers after the coronavirus pandemic.
MOSCOW The Kremlin has asked some Russian companies to mount internal information campaigns to boost turnout in a nationwide vote on constitutional reforms that could allow President Vladimir Putin to keep power until 2036, documents seen by Reuters show.
By Ahmad Ghaddar, Alex Lawler, Rania El Gamal and Olesya
MOSCOW Russia will collect up to $10 billion more in revenue from oil companies this year because of the way they are taxed, a deputy finance minister told Reuters, money that with borrowing and the national wealth fund will help finance a post-pandemic recovery.
LONDON/MOSCOW - An OPEC-led panel meeting to review the oil market next week will advise the wider OPEC+ group cooperating on a record supply cut, five OPEC+ sources said, meaning further talks would be needed on whether to extend the agreement further.
MOSCOW Russians rushed to purchase or rent country homes and plots of land to escape large cities during more than two months of lockdowns designed to curb the spread of the novel coronavirus, data from real estate brokers shows.
By Daphne Psaledakis, Vladimir Soldatkin and Olesya Astakhova
MOSCOW/DUBAI OPEC and its allies led by Russia will meet on Saturday to discuss extending record oil production cuts and to push laggards such as Iraq and Nigeria to comply with existing curbs.