Putin Sees ‘Light at End of the Tunnel’ in Russia-US Ties, Cooperation in Arctic and Alaska

“With the arrival of President Trump, I think that a light at the end of the tunnel has finally loomed. And now we had a very good, meaningful and frank meeting in Alaska,” Putin said, referring to last week’s summit.


Get the Latest US Focused Energy News Delivered to You! It’s FREE:


“The next steps now depend on the leadership of the United States, but I am confident that the leadership qualities of the current president, President Trump, are a good guarantee that relations will be restored.”

His comments signalled Russia’s optimism that it can mend relations with the U.S. and strike business deals, despite the lack of clear progress towards ending the Ukraine conflict at his August 15 summit with Trump.

Putin did not give details of possible U.S.-Russia cooperation in the Arctic but said there were “huge, huge” mineral reserves in the region and noted that Russian liquefied natural gas company Novatek was already operating there.

“We are discussing, by the way, with American partners the possibility of working together in this area. And not only in our Arctic zone, but also in Alaska. And at the same time, the technologies that we possess, today no one but us possesses. And this is of interest to our partners, including those from the States,” he said.

Both Russia and the United States have said they see enormous economic opportunities if they can normalise relations after ties plunged to a post-Cold War low because of the war in Ukraine.

(Additional reporting by Vladimir Soldatkin, Ksenia Orlova and Filipp Lebedev; Writing by Mark Trevelyan; Editing by Edmund Klamann)

Share This:


More News Articles

 

  • Related Posts

    Oil Giants Show Early Interest in US Gulf Deepwater Field Stake, Sources Say

    LONDON/NEW YORK, April 2 (Reuters) – European energy majors TotalEnergies (TTEF.PA) and Shell (SHEL.L) are among companies eyeing a majority stake in one of the U.S. Gulf’s most promising sites,…

    US Crude Jumps More Than 11%, Brent Nearly 8% After Trump Vows More Attacks on Iran

    By WTI soars to nearly $114/bbl, highest since March 9 Trump speech did not clarify when Hormuz might reopen WTI heads for biggest daily absolute price rise since 2020 HOUSTON,…

    Have You Seen?

    US Crude Jumps More Than 11%, Brent Nearly 8% After Trump Vows More Attacks on Iran

    • April 3, 2026
    US Crude Jumps More Than 11%, Brent Nearly 8% After Trump Vows More Attacks on Iran

    Oil Giants Show Early Interest in US Gulf Deepwater Field Stake, Sources Say

    • April 3, 2026
    Oil Giants Show Early Interest in US Gulf Deepwater Field Stake, Sources Say

    US Regulators Grant California’s Last Nuclear Power Plant 20-Year Operating Life Extension

    • April 3, 2026
    US Regulators Grant California’s Last Nuclear Power Plant 20-Year Operating Life Extension

    US Drillers Add Oil and Gas Rigs for First Time in Three Weeks, Baker Hughes Says

    • April 2, 2026
    US Drillers Add Oil and Gas Rigs for First Time in Three Weeks, Baker Hughes Says

    UK Hosts 36-Country Summit to Reopen Strait of Hormuz

    • April 2, 2026
    UK Hosts 36-Country Summit to Reopen Strait of Hormuz

    Microsoft in Talks With Chevron, Engine No. 1 Over $7 Billion Texas Power Plant

    • April 2, 2026
    Microsoft in Talks With Chevron, Engine No. 1 Over $7 Billion Texas Power Plant

    US Not Engaged in Any Talks About New Oil Stocks Release, Official Says

    • April 2, 2026
    US Not Engaged in Any Talks About New Oil Stocks Release, Official Says

    BP Names Carol Howle as Deputy CEO, to Oversee Portfolio Review, Strategy

    • April 2, 2026
    BP Names Carol Howle as Deputy CEO, to Oversee Portfolio Review, Strategy

    Trump Speech Unleashes More Pain on US Consumers With $5 Gasoline, Record Diesel in Sight

    • April 2, 2026
    Trump Speech Unleashes More Pain on US Consumers With $5 Gasoline, Record Diesel in Sight

    Australia Considers Emergency Powers to Protect Domestic Gas Supply

    • April 2, 2026
    Australia Considers Emergency Powers to Protect Domestic Gas Supply