Friday, December 2, 2022
Authorities in Uzbekistan have chosen a site for the construction of Uzbekistan’s first nuclear power plant, Russia’s Foreign Minister Sergey Lavrov said during a visit to the Central Asian nation last week. The plant may become the first of its kind in Central Asia. “Uzbek President Shavkat Mirziyoyev today expressed...
Contaminated crude oil will be pumped back in Russia from Belarus as Moscow tries to clear a major pipeline of the dirty oil that has caused the worst ever disruption to its oil exports, sources and officials told Reuters on Friday. In April, some five million tons of oil were...
Rosatom, Russia’s state-owned atomic energy corporation, has concluded a number of agreements on cooperation with China in the field of nuclear energy, Kommersant business daily reported. “Within the signed package of intergovernmental agreements in the nuclear area, framework contracts have also been concluded... for the construction of Tianwan NPP power...
One of the companies financing the controversial Russian Nord Stream 2 pipeline, Austria’s energy group OMV, is optimistic Denmark will approve the project next year and the new gas transport route will start operations in late 2019, RIA news agency reports. OMV’s chief executive Rainer Seele said in a telephone call...
The largest manufacturer of steel pipes for the oil and gas industry in Russia, TMK, has agreed on selling its U.S. branch IPSCO Tubulars Inc. for $1.2 billion to Italy’s Tenaris, RBC reported citing the companies’ press service. The sum does not include IPSCO’s funds and the debt, the size...
United States Energy Secretary Rick Perry said on Tuesday that a sanctions bill putting tough sanctions on companies involved in Russia’s Nord Stream 2 project would come in the “not too distant future,” the Financial Times reports. The gas pipeline project is criticized by the United States and several eastern...
Saudi Arabia and Russia are working on a long-term deal to extend their alliance on oil curbs that began in January 2017, after a crash in crude prices, Al Jazeera reports. Saudi Arabia has led the Organization of the Petroleum Exporting Countries (OPEC) and allies outside the cartel to join...
Italy’s oil and gas giant, Eni, and its national gas transport operator Snam are ready to consider investing in the extension of the Turkish Stream project and natural gas delivery through Bulgaria to Austria, Eni CEO Claudio Descalzi and Snam CEO Marco Alvera have said. According to Interfax, the two...
London-based precious and base metals exploration and development company Orsu Metals is looking forward to starting operations in Russia’s Zabaykalsky Krai, the company’s director of exploration Alexander Yakubchuk has said in an interview with Investing News. Yakubchuk and Orsu Metals Managing Director Sergei Stefanovich discussed the company’s property in Russia’s...
Gazprom has confirmed that the offshore section of its Turkstream pipeline project in the Black Sea has been completed, Investing.com reported. Gazprom subsidiary South Stream Transport handled the construction of the offshore section, while the contract for both pipelines was awarded to Allseas Group. Allseas deployed the Pioneering Spirit pipelaying vessel to...