The United States is ready to compete with Russia in the liquefied natural gas market in Europe, U.S. Assistant Secretary of State Sandra Oudkirk told reporters after a conference at the Atlantic Council think tank.
"We are ready to compete in the EU especially… in regard to LNG," Oudkirk said...
Moldova remains dependent on Russian energy, while its limited options for diversification of energy routes and supplies make the country reliant on political stability in Romania and Ukraine, a new report by global risk and strategic consulting firm Maplecroft says.
According to New Eastern Europe, the report also states that...
An American company has agreed to pay $2 million to settle charges that it bribed a Russian official to win contracts to ship uranium to the United States, the U.S. Justice Department said on Tuesday.
Maryland-based Transport Logistics International admitted to bribing the Russian official with more than $1.7 million...
Russia’s gas row with Ukraine poses no risks to gas supplies to Europe, Russian state news agency TASS quoted Gazprom’s CEO Alexei Miller as saying said on Tuesday.
Miller, at a meeting with Prime Minister Dmitry Medvedev, also said it will take up to two years to terminate contracts with...
The China National Nuclear Corporation (CNNC) will invest into the construction of a uranium mine in the Transbaikal Region in East Siberia for a 49% stake in the joint venture and 600 tonnes of uranium per year, according to RBC.
Russia’s state-owned nuclear energy corporation Rosatom has been unable to...
After an extensive $55 billion modernization of Russia’s refineries, the country plans to sharply increase fuel exports and carve out a larger share of the European market, companies’ plans and analysts’ reports show.
Following a fuel shortage crisis in 2011, Russia embarked on a modernization project for its biggest refineries....
Ukraine and Moldova have stepped up their criticism of the Nord Stream 2 gas pipeline project – a Russian venture intended to bring Russian gas directly to Germany.
Andriy Parubiy, the Ukrainian parliament speaker has said the real nature of the Nord Stream 2 pipeline project is far from being...
Several Eastern European countries have stepped up their opposition to the planned Nord Stream 2 gas pipeline linking Russia with Germany, VOA News reports.
The project would bring Russian gas directly to Western Europe and double Russia’s capacity to pipe gas across the Baltic Sea to Germany and beyond, to 110...
Russian government ministers and oil industry representatives failed to agree on new measures to prop up oil producers at a meeting headed by Deputy Prime Minister Arkady Dvorkovich on February 27, Kommersant reported, citing company sources.
According to the report, the Energy Ministry’s requirement to slash the oil export duty...
One of Russia’s largest petrochemical companies, Sibur Group, is in talks with Saudi oil giant Aramco to set up a venture to produce synthetic rubber, Reuters reported.
The move, announced by Sibur’s CEO highlights growing cooperation between OPEC leader Saudi Arabia and Russia, the biggest non-OPEC oil exporter. Russia and...
