Washington’s ‘reckless actions’ reinforce the artificial division of the global market, Anatoly Antonov has said US attempts to hamper the development of the Russian economy through sanctions are increasingly damaging bilateral relations and making respectful dialogue between Washington and Moscow virtually impossible, Russian Ambassador Anatoly Antonov has said.

Restrictions on the Arctic LNG 2 energy project endanger vital fuel supplies, according to Chinese energy majors China’s state energy majors CNOOC and China National Petroleum Corp (CNPC) have both asked the US government for exemptions from sanctions on a new Russian liquefied natural gas (LNG) export plant. They are seeking to prevent disruption to…

Transit of Russian oil through Belarus will become more costly next year, the Kommersant business daily reported on Saturday, citing Russian energy export giant Transneft. According to the report, the Belarusian operator of the Druzhba pipeline, Gomeltransneft Druzhba, has reached an agreement with Transneft to hike the transit tariff by 10.2% starting on February 1,…