The Russian government has finally approved a 222 billion rubles ($3.47 billion) program to support wind projects between 2022 and 2035, the Wind Power Monthly reports.
The sum accounted for 55.5% in the overall volume of funds that have been reserved by the state for all renewables in the reporting...
A Saudi-led consortium was definitively reinstated on Monday as the builder of a new gas pipeline through Bulgaria, intended to hook up to Gazprom's TurkStream project, Bnr.bg reports.
Bulgaria's Supreme Administrative Court announced Monday that the Saudi-led group's main competitors for the project had dropped a legal challenge relating to...
Russia is set to gain after an attack on Saudi Arabian oil facilities disrupted global oil supplies and sent prices skyrocketing, analysts say, according to The Bull.
Higher oil prices are generally good for Russia, the world’s second-largest producer. With tensions high in the Gulf and Moscow poised in a...
Forbes magazine has published its latest ranking of the 200 largest Russian private companies, led by oil giant Lukoil, whose revenue in 2018 is estimated at more than 8 trillion rubles ($124 billion), RBC reported.
In second place is another oil major, Surgutneftegas (1 trillion 867 billion rubles/$29 billion). X5...
Russia's energy minister Alexander Novak told reporters on Monday there is enough oil in global stockpiles to replace Saudi Arabia after the world top producer’s production capacity was temporarily lost due to attacks on its oil facilities, Reuters reports.
Saturday's attack on Saudi Arabia's oil infrastructure, which temporarily stopped about...
Russia’s Presidential spokesman Dmitry Peskov said that drone attacks on Saudi oil facilities over the weekend will impact the global market, after oil prices surged 19% as a result of the attacks, Vedomosti reports.
Explosions rocked an oil refinery in the city of Abqaiq in the kingdom’s oil-rich Eastern Province, and...
Russia's first floating nuclear power plant has reached the Arctic port town of Pevek, its final destination in the country's remote Far East after a three-week, 5,000-kilometer journey, AFP reported.
On Saturday, Russia's state nuclear energy company Rosatom announced the arrival of the nuclear power plant, which raised concerns from environmental activists,...
Azerbaijan and Russia cooperate in a number of spheres with energy cooperation being one of the leading directions of this strategic partnership, AzerNews reports.
Moscow and Baku have discussed directions of further cooperation in the energy sector, with discussion Parviz Shahbazov, the Azerbaijani Energy Minister, and his Russian counterpart Alexander...
The decision by Europe’s top court to ban Gazprom from fully accessing the OPAL pipeline will affect next week’s gas talks with the European Union and Ukraine, Russian Energy Minister Alexander Novak said on Thursday.
OPAL, along the border of Germany and Poland, is a link to the Russian gas...
Vietsovpetro, a joint oil and gas venture by Vietnam and Russia, has earned $1.28 billion from sales in the first eight months of this year, 19.4 per cent over its yearly target, Vietnam News reports.
During the period, the Vietnamese side gained more than $101 million in profit and the...
