Time to build Russian-US bridges
Former Russian energy minister Igor Yusufov says the new US administration will be a boon for hydrocarbons cooperation
From Moscow's perspective, the Western media's ceaseless fretting about Donald Trump is silly. Igor Yusufov, tells Petroleum Economist, the new regime offers scope for improved international energy dialogue. Yusufov was Russia's energy minister between 2001 and 2004, when he was also chairman of state-owned Rosneft. Now he runs Moscow-based Fund Energy, with assets in Siberia, and is understandably bullish about what a sympathetic stance in the White House might do for his country's energy sector. Yusufov has also known the new Secretary of State—former ExxonMobil boss Rex Tillerson—for 15 years. And he's convinced he'll bring good things for Russian oil and gas. "A person of such profession
Also in this section
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away
