Home / Tag Archives: Vladimir Putin

Tag Archives: Vladimir Putin

Putin visits Greece for energy, investment talks

ATHENS, Greece (AP) — Russian President Vladimir Putin made his first trip to a European Union country this year Friday with a visit to Greece that will include a stop at a secluded Christian Orthodox monastic sanctuary in the country’s north. Under heavy security, Putin arrived for a two-day visit expected to focus on energy cooperation and Russian investments during ...

Read More »

Putin inaugurates final power link to Crimea

Vladimir Putin

MOSCOW (AP) — Russia’s president has flipped the switch to open the last of four electricity lines to Crimea aimed at allowing the Russia-annexed peninsula to end its reliance on Ukrainian power. The line from the Russian mainland that Vladimir Putin inaugurated on Wednesday brings Russia’s electricity supply to Crimea to 800 megawatts a day. Russia annexed Crimea in March ...

Read More »

Turkey seeks to diversify supplies amid dispute with Russia

BAKU/ANKARA – Turkey’s leaders have mounted a charm offensive among regional energy producers in an effort to diversify supplies as relations with major natural gas provider Russia crumble following the downing of a Russian warplane by the Turkish airforce. President Tayyip Erdogan and Prime Minister Ahmet Davutoglu have traveled to key energy partners Qatar and Azerbaijan respectively this week in ...

Read More »

Putin says Turkey shot down Russian plane to defend IS oil supplies

PARIS – Russian President Vladimir Putin said on Monday the reason Turkey downed a Russian warplane last week was that it wanted to protect supplies of oil from Islamic State. Putin, speaking at the global climate conference in Paris, added that the decision to shoot down the plane was a “huge mistake” and that he had not met Turkish President ...

Read More »

Russia: key reserve fund to run dry by end of next year

MOSCOW — Russia will deplete one of its two rainy day funds by the end of next year as it tries to plug the state deficit amid the economic downturn, the finance minister said Tuesday. The economy fell into recession this year for the first time since 2009 due to a drop in prices for the country’s crucial energy exports ...

Read More »

NYMEX – US crude edges higher on economic data, stock market rise

SINGAPORE – U.S. crude extended its climb into a second day on Friday, inching up on brighter economic data in the United States and on gains in major stock markets. Oil markets were also buoyed after the European Central Bank said it was considering further stimulus measures, although a strong dollar and concerns over global oversupply capped oil price gains. ...

Read More »

Russia says oil output could decline if prices stay low

MOSCOW, Sept 1 – Russia will not deliberately cut oil production to prop up prices, however its output may decline if prices remain low, local news agencies quoted Deputy Prime Minister Arkady Dvorkovich as saying on Tuesday. He also said that Russia was ready to discuss measures aimed at oil price stabilization with the Organization of the Petroleum Exporting Countries ...

Read More »

Europe needs Pennsylvania’s natural gas

Thanks to Russia forcing Europe to pay high natural gas prices, Central and Eastern European counties are in need of Pennsylvania’s natural gas. On Monday, speakers at Williamsport-Lycoming Chamber of Commerce member connection event advocated the idea of exporting Pennsylvania’s Marcellus shale gas.  During the discussion, commerce members requested the self-imposed exporting limits on natural gas be put to an ...

Read More »

Putin, Erdogan meet, discuss gas pipeline

MOSCOW — The presidents of Russia and Turkey have met and discussed a proposal for a pipeline that would carry natural gas from Russia to Turkey. Vladimir Putin and Recep Tayyip Erdogan met Saturday in Baku, the capital of Azerbaijan, on the sidelines of the European games, Putin’s spokesman Dmitry Peskov told Russian news agencies. Peskov gave no specifics of ...

Read More »