Oilgame

Russia's state-controlled gas monopoly has called off planned gas cuts to its former Soviet neighbor Belarus after Minsk paid a substantial part of a $456 million gas debt before a Friday morning deadline, the national gas monopoly said. However,...

The recent standoff over oil prices between Russia and Belarus has sent rippling effects to Europe, triggering debates on alternative energy and the reliance on fuel coming through regions trapped in precarious politics involving Russia and other...

In a major breakthrough in Russian-Belarus economic and political disputes that witnessed disruption of oil shipment to Europe, Russia agreed to slash the duty for crude oil flowing to Belarus. Under the agreed terms now Belarus will pay $53 per...

Belarus has restarted pumping Russian oil to European nations which was earlier blocked by Russia. Druzbha pipeline resumed oil supplies to Poland, Germany, Ukraine and Slovakia after ending a row over the gas prices between Russia and Belarus. While.

The latest Russia-Belarus row over gas prices seems to be running in deep crisis as the Russian State pipeline operator Transneft cut oil supplies to Belarus. The recent Russian move has halted oil supplies to Poland, Germany and Ukraine who were...

In an interesting development, Belarus hits back at Russia by slamming huge taxes on Russian oil transported through its pipeline to European countries. The decision was taken after three days when Belarus halfheartedly agreed to demands by the...

Russia's growing clout as a store house of natural gas has proved a bane for tiny neighbor and ally Belarus who will have to pay double the price for gas supply in order to ward off a cold winter. Russian state-controlled oil and gas...