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Venezuela reportedly gives Russia control of gas deposits near TT

This week, Nicolás Maduro gave two new gas deposits to Russia, offering up 100% of the project and all gas rights exploited, according to...

Guyana strengthening relations with Russia; investment and education on radar

Guyana’s President David Granger on Wednesday said the South American country looks forward to strengthening its relations with Russia and will pursue the successful...

Russian air base in the region a breach to existing treaty...

Guyana is concerned about reports that Russia is considering setting up an air base in the Caribbean saying such an action contradicts an existing...

Analysts: Putin re-election will see Gazprom, Rosneft strengthen control

(Rigzone) With Russian President Vladimir Putin elected for another six years to 2024, oil and gas analysts at BMI Research expect Gazprom and Rosneft...

Rosneft drills world’s longest well

Russia-based Rosneft, as a member of Sakhalin-1 Consortium, successfully completed drilling of the world's longest well from Orlan platform at Chaivo field in the...

Russia “ready to live forever” with $40 oil price or lower...

A race to the bottom in oil prices may not have many winners, but Russia is certain it can survive. It’s less sure about...

Trump blocks Exxon from drilling for oil in Russia

(CNN) The Trump administration has denied ExxonMobil permission to bypass sanctions to drill for oil in Russia. "The Treasury Department will not be issuing waivers...