Russia’s economy is being pummeled by a double whammy of economic sanctions from the US and Europe and cheap oil prices. To drag the economy out of its slump, Moscow aims to strengthen relations with China and Japan and has high expectations for U.S. President-elect Donald Trump, who has adopted a friendly stance toward Russia.
28 November 2016 , 11:35Kensuke NakazawaNeftegaz.RU2540
Greece's 3-year-long attempt to sell its gas transmission system operator Desfa has collapsed after the government and the potential buyers – Azerbaijan’s Socar and Italy’s Snam – failed to reach an agreement.
After earlier this week OPEC tabled the issue of Iran’s and Iraq’s participation in the OPEC deal until November 30, the markets might have thought there would be little jawboning left to do until that day. But not so fast.
25 November 2016 , 17:37Julianne GeigeNeftegaz.RU2260