Russian gas export monopoly Gazprom on Thursday denied cutting supplies to cold-stricken Europe, pointing the finger at transit nation Ukraine, which in turn said it was taking only as much fuel as agreed in its contract with Moscow. Gazprom's Deputy Chief Executive Officer Alexander Medvedev said he was bewildered by reports of Russian gas supply cuts to Europe, adding the company had been cranking up exports.

Gazprom Marketing and Trading (GM&T), the UK-based marketing and trading arm of Russia's energy giant, has adopted Lumesse TalentLink to help  attract high quality, specialist talent as it seeks to expand internationally. Last year the company recruited  220 specialists for unique roles.

Oil output in Russia edged up 1.2 percent to reach a new post-Soviet high of 10.27 million barrels per day (bpd) last year, as the world's top crude producer eased tax burden and launched pipeline flows to China, the Energy Ministry said on Monday.

That is a bit more than the 10.26 million bpd, expected by an analyst poll compiled a year ago, though the increase in 2011 has slackened from a 2.2 percent rise in 2010 when the country produced 10.145 mln bpd, up from 9.93 million bpd in 2009 and 9.78 million bpd in 2008.

BP Russia and the Skolkovo Foundation are pleased to announce an agreement today to set up a major research collaboration with Russia’s Boreskov Institute of Catalysis, one of the world’s largest research centres, specialising in catalysis, and Imperial College London, one of the world’s leading universities. The parties will now work together to define a three to five year GBP 9.3 million energy efficiency research programme which will, subject to the conclusion of the collaboration agreement, be co-funded by BP Russia and the Skolkovo Foundation.