Russia lays claim to vast areas of Arctic

Russia has submitted a bid to the UN claiming vast territories in the Arctic, the country’s foreign ministry said on Tuesday.

Kerry Meets Arab Gulf Ministers to Ease Concerns Over Iran Deal

Secretary of State John Kerry is meeting Gulf foreign ministers Monday to provide assurances that the U.S. commitment to the oil-rich region isn’t wavering after last month’s landmark nuclear agreement with Iran.

China Wary of Closer Russia Energy Ties, Ex-Cnooc Economist Says

China is wary of expanding energy investments in Russia because closer ties with the Kremlin could harm its relations with the U.S., according to a former researcher at China’s biggest offshore explorer.

Russia to seek new partners if Western oil majors leave - minister

MOSCOW, Nov 22 (Reuters) - Moscow will seek new partners in countries that have not imposed sanctions on it if Western oil and gas companies pull out of projects with Russia, RIA news agency quoted Energy Minister Alexander Novak as saying on Saturday.

Russia-Ukraine gas deal secures EU winter supply

Russia has agreed to resume gas supplies to Ukraine over the winter in a deal brokered by the European Union. The deal will also ensure gas supplies to EU countries via Ukraine are secure.

Ukraine and Russia reach gas 'consensus'

Ukraine and Russia have "found consensus" on a deal to end their gas dispute, according to the boss of Ukraine's state gas firm.

Kuwait Joins Saudi View of No Immediate OPEC Supply Cuts

Two of OPEC’s biggest members say they won’t immediately reduce oil production to offset tumbling prices, a signal the group is unlikely to heed Venezuelan calls for an emergency meeting.

Russia and China launch gas pipeline

Russia and China have begun the construction of a new gas pipeline linking the countries, with a ceremony in the Siberian city of Yakutsk.

U.S. steel producers win anti-dumping case against cheap imports

The U.S. International Trade Commission on Friday voted to impose anti-dumping duties against steel pipe imports from six countries, exempting two, handing a victory to domestic producers who had complained that the cheap imports were undercutting their prices.

Exxon Bets on Russia as Rivals Stick to U.S. Wells

As Exxon Mobil Corp. (XOM) and Royal Dutch Shell Plc, the world’s largest oil companies, bet on increasing production from Russia, smaller rivals are boosting crude supplies by exiting foreign fields to focus on booming U.S. wells.

Ukraine provisionally agrees to pay Russia some gas debt: EU

BERLIN (Reuters) - Europe's Energy Commissioner said on Monday Ukraine had agreed to pay some of the money it owes Russia for gas supplies, provided the two governments agreed to the provisional deal that would clear the way for further negotiations on Friday.

Shell puts new Russian projects on hold after seizure of Crimea

Royal Dutch Shell has ruled out starting any new projects in Russia over the short-term following Vladimir Putin’s seizure of Crimea.

Germany outlook sours on Ukraine concerns

The outlook for Germany's economy is looking dimmer as tension in Ukraine continues.

British foreign secretary calls for renewed focus on energy security

March. 24 (UPI) -- British Foreign Secretary William Hague said it was time for European leaders to get serious about energy diversity in response to the crisis over Ukraine.

BP Offers Forties Crude; Surgut Awards Urals Tender

BP Plc (BP/) failed to sell North Sea Forties crude at a lower price. Vitol Group sold two Russian Urals crude cargoes in Europe.

Russia to Lower Crude Export Tax 4.5% in April After Urals Falls

Russia, the world’s biggest energy exporter, will reduce duties on most crude and oil product shipments overseas by 4.5 percent on April 1, down from a 10- month high, after a drop in benchmark Urals prices.

BP, Total to join TAP pipeline project

PARIS: Energy giants BP and Total and Azerbaijan's state company Socar have signed on to help fund a projected gas pipeline linking Greece with Italy, the Trans Adriatic Pipeline (TAP) consortium said Thursday.

Russian Ministry: Security of Energy Infrastructure Paramount

The Russian Energy Ministry is demanding that companies in the fuel and energy sector reinforce security at sites with important fuel and energy infrastructure.

The ministry wants access points of entry to such sites to be made stronger in the wake of the terrorist bombing at the Domodedovo airport on January 24, 2011.

A telegram with the new instructions was signed by Energy Minister Sergey Shmatko and sent to the leaders of all fuel and energy facilities, the Energy Ministry press office reported.

Source: http://www.oilandgaseurasia.com