Russia looks to invest in Saudi Aramco as bonds with Riyadh grow ever deeper

Russian pension funds are considering investing in Saudi Aramco when it lists its stock in a…

Realities of Chinese FDI in Russia come home to roost by Baikal

The day-to-day implications of Russia’s pivot eastward are gradually unfolding for its Far Eastern and Siberian…

Gazprom takes $22bn gamble on growth

In a bid to secure its export markets in Asia and Europe and to ensure its…

Total to forfeit investment if it pulls out of South Pars contract, Tehran warns

French energy giant Total will lose the $66m it has already  committed to the development of…

Rosneft buys stake in giant Zohr field

Russian energy major Rosneft is to pay Italy’s Eni $1.125bn for a 30% stake in Egypt’s…

Promise of $3bn Saudi investment on table as Salman lands in Moscow

Russia and Saudi Arabia are expected to announce the launch of two  $1bn investment funds  this…

OMV boss defiant over Nord Stream 2 pipeline in face of US sanctions

The new  sanctions imposed on Russia by the US have made the financing of large projects…

ADNOC planning $14bn float of UAE gas stations as Gulf states diversify

Abu Dhabi’s state-owned oil company ADNOC is planning to float a stake in its retail distribution…

Total close to finalising $1bn South Pars deal despite new sanctions threat

The French oil major Total is finalising plans to invest an initial $1bn in the development…

Wintershall ignores sanctions threat to strengthen ties with Gazprom in Iran

Germany’s biggest oil and gas company Wintershall – which is already helping co-finance Gazprom’s controversial Nord Stream…

Rosneft consortium clinches ‘masterpiece’ $13bn Essar Oil deal

Rosneft’s bid to head up the largest ever foreign investment in India’s history looks set to…

International consortium signs up to super-deep Caspian drilling project

An international consortium involving  Chinese, Italian, Californian, Azeri and  Kazakh companies has agreed to drill for…

Gazprom’s Asian charm offensive struggles to excite investors

As their board considers the possibility of a share placement on one of Asia’s major stock…

Saudi Aramco to woo Chinese with IPO

Saudi Aramco has asked JPMorgan Chase & Co and Morgan Stanley to help with what, at $100bn,…

Eni sells Zohr stake to Rosneft and gives Qatar a foothold in the Med

Just weeks after snapping up the Russian government’s stake in Bashneft for around $5bn and days…

BP US CEO Bob Dudley stands back from special Iranian task force

BP has formed a special task force to study the investment potential of the Iranian  oil…

Total wins race to sign first energy deal with Iran since end of sanctions

France’s Total this week became the first western energy company to sign a major deal with Tehran…

Astana to auction 60 Kazakh oilfields

Kazakh oilfields:  Astana is planning to put more than  60 potential oil and gas  fields up for…

Essar acquisition gives Rosneft foothold in Indian energy market

Essar: Russian oil giant Rosneft’s ambitions to secure a foothold in the Indian energy sector looks set…

Rosneft privatisation next after Sechin wins $5bn battle for Bashneft

Russian Prime Minister Dmitry Medvedev yesterday gave into pressure from his boss President Putin and signed…

Rosneft favourites to buy Bashneft as Moscow bows to financial pressures

Russia’s state-run Rosneft is in pole position to gain control of the Bashneft oil enterprise, it…

Shares in Bashneft jump as Sechin offers Putin $5bn for Kremlin stake

Shares  in Bashneft jumped yesterday after Rosneft Chairman Igor Sechin, undeterred by Prime Minister Dmitry Medvedev’s reluctance to…

Bashneft privatisation postponed as Rosneft sale moves up agenda

Bashneft privatisation: The Russian government is considering putting its 19.5% stake in the Rosneft oil giant…

Rosneft and VTB defy Medvedev over Bashneft privatisation

Bashneft privatisation:  Rosneft and VTB Bank appeared to have set themselves on a collision course  with the Kremlin…