The Nizhne-Bureyskaya hydroelectric plant, the most powerful in Russia, the construction of which began in the post-Soviet period, was put into commercial operation in the Amur Region.
"The Nizhne-Bureyskaya hydroelectric station was put into commercial operation, the station reached its design capacity of 320 MW," PJSC RusHydro told RIA Novosti.
The chairman of...
The Russian State Duma (lower house of parliament) could put a bill on new tax and administrative preferences for private investors in the Arctic on the agenda during its autumn session, Russia’s Deputy Minister for Development of the Far East and Arctic Alexander Krutikov told the Eastern Economic Forum...
South Korea’s Samsung Heavy Industries has been selected as a technical partner in building an icebreaking LNG carrier for Novatek’s Arctic LNG2 Project, Seanews.ru reports.
The deal will secure a big advantage for the company in landing an order for 15 polar icebreaking LNG carriers that Russia is expected to...
Venezuela’s state-run oil company PDVSA will open an office in Moscow in the near future, the country’s Ambassador to Moscow Carlos Rafael Faria Tortosa told TASS news agency on Thursday.
"Now we can say that the PDVSA Moscow office will begin its work very soon," the diplomat said.
In March, Venezuelan...
Russian diamond mining giant Alrosa has announced that it's Supervisory Board has recommended a 28.3 billion rubles ($425.7 million) dividend payout for the first half of 2019, the company said in a statement.
Alrosa said that the dividend amounted to 100% of the free cash flow for the first half...
Russia on Thursday moved one step closer toward its goal of commanding 20% of the global LNG market by 2035, as gas major Novatek gave the go-ahead for its Arctic LNG 2 project, Vesti.ru reports.
The privately owned company, alongside Russia Energy Minister Alexander Novak, announced Thursday that it made a final...
Long-simmering questions about the leadership of Russia’s space agency, Roscosmos, are in the public focus as a series of corruption scandals, cost overruns and mishaps at the new Vostochny Cosmodrome are being questioned by officials, Vedomosti reports.
In an interview with the business newspaper published on Monday, Deputy Prime Minister Yury Borisov...
A major Iranian oil project will most likely go to a Russian or Chinese partner, as most U.S. and European oil majors are side-lined due to Washington’s sanctions against Tehran, OilPrice.com reports.
Last week’s announcement from the director of integrated planning at the National Iranian Oil Company (NIOC) Karim Zobeidi...
Baltic LNG, Gazprom’s new chemical and liquefied natural gas (LNG) project in the port of Ust-Luga, will be supported by Russian state-owned development bank VEB with up to 111 billion rubles ($1.6 billion), the lender announced last week, according to Finanz.ru.
The announcement follows comments made by Russian prime minister...
A joint venture by Russian gas producer Novatek and shipping company Sovcomflot will be set up to ensure year-round supplies of liquefied natural gas (LNG) from Arctic LNG 2 and other future LNG projects of Novatek, the two companies said, according to TASS.
"The company will enable us to operate...
