U.S. to waive sanctions on firm, CEO behind Russia’s Nord Stream 2 pipeline -source

© Reuters. FILE PHOTO: A road sign directs traffic towards the Nord Stream 2 gas line landfall facility entrance in Lubmin, Germany, September 10, 2020. REUTERS/Hannibal Hanschke/File Photo MOSCOW (Reuters) – Russian officials on Wednesday said Moscow’s fraught ties with Washington could benefit from the waiving of U.S. sanctions on the company in charge of […]

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Russia’s Gazprom Neft sees oil demand returning to pre-crisis levels in second-half 2021

© Reuters. Alexander Dyukov, the head of Gazprom Neft, talks to the media as he leaves after a meeting of Russian Energy Minister Alexander Novak with country’s oil companies in Moscow MOSCOW (Reuters) – The chief executive of Russian oil producer Gazprom Neft (MM:) said he expects global oil consumption to return to pre-crisis level […]

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Russia’s Battered Ruble Could Be About to Make a Comeback

© Reuters. Russia’s Battered Ruble Could Be About to Make a Comeback (Bloomberg) — A rebound might be in sight for the after three straight months of losses. The currency of the world’s biggest energy exporter is one of the worst performers in emerging markets in the period, even as oil rebounded by almost 30%, […]

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