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The company, which operates in the Tomsk Oblast in Russia, said the well has shown virtually no decline since the start of production. File photograph: Getty Images/iStock

Irish oil and gas exploration company PetroNeft said it has seen “encouraging” production from the Cheremshanskoye field, providing it with strong ope(...)

Jailed Russian opposition leader Alexei Navalny. Photograph: Handout/Navalny team Youtube page/AFP via Getty Images

The US and EU have imposed sanctions on Russian officials accused of playing a role in poisoning and jailing Russia’s most prominent opposition politi(...)

David Sturt, chief executive of PetroNeft:  ‘This two-year facility provides additional financing headroom to the company.’ Photograph: Cyril Byrne/The Irish Times

Oil and gas exploration company PetroNeft said it has agreed a new $2.9 million (€2.4 million) convertible loan facility that will give it greater sec(...)

Photograph: iStock

Oil and gas exploration company PetroNeft said it is continuing discussions on its covertible loan facility that matured at the end of Decemeber. Th(...)

 Russian president Vladimir Putin speaking during his annual press conference via a video link from the Novo-Ogaryovo state residence, in Moscow on Thursday. Photograph:  Maxim Shipenkov

Vladimir Putin confirmed a report that Russian intelligence agents followed opposition leader Alexei Navalny, but denied the Kremlin’s involvement in (...)

  Alexei Navalny: he collapsed on a flight from Tomsk to Moscow. The aircraft made an emergency landing in Omsk, where Mr Navalny was treated in hospital before being taken to Germany.  Photograph: EPA

An undercover hit squad working for Russia’s FSB spy agency poisoned the opposition activist Alexei Navalny in August after shadowing him on multiple (...)

The new funding  will be used to finance the cost of building an all-season road to connect an important well with the local road network. Photograph: iStock

Irish oil and gas explorer Petroneft Resources has signed a deal which will provide it with up to $1 million (€840,000) to finance a road-building pro(...)

Russian opposition leader Alexei Navalny posing for a selfie picture with his family at Berlin’s Charité hospital. Photograph: Instagram account @navalny/AFP via Getty Images

The nerve agent used to poison Alexei Navalny in Siberia last month was found on a water bottle from his hotel room, the Russian opposition leader’s a(...)

Russian opposition leader Alexei Navalny with his wife Yulia (right) and medical staff  in the  hospital hospital in Berlin where he has been treated for poisoning. Photograph: Alexei Navalny Instagram via AP

The Russian opposition leader Alexei Navalny has said he is now able to breathe without any external support, in his first public statement since he w(...)

A voter votes at home during Moscow municipal elections on Sunday. A watchdog said the  campaign had been conducted with “lawlessness”. Photograph: Sergei Ilnitsky/EPA

Russia’s ruling party was set to lose political control of the city where opposition leader Alexei Navalny was suspected of being poisoned last month,(...)

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