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Higher crude prices and weakened rouble bolster producers’ profits
More caps on Moscow will retard important reform
Producers shrug off sanctions and benefit from surge in crude price and weaker rouble
Earnings at privately owned Russian producer beat analyst expectations
Executives argue that low costs mean their sacrifices only benefit others
Country looks cheap, on a deep discount to the emerging markets
Talks progress despite threat of new US sanctions
FT meets Vagit Alekperov, former Soviet oil minister who runs Russian oil group
Action against Russia will not include key pipeline, says minister
Big projects may not be making a comeback, but Tengiz project is important to US group and country
Plan is largest development to be authorised since crude price crash of mid-2014
Daily oil production in Russia fell 3 per cent in first quarter, exacerbated by falling output at Soviet-era fields
Opec’s second-largest producer volumes hurt by maintenance, weather, power outages and budget crisis
