Thursday, May 15, 2025
Ukraine runs the risk of being left without gas transit, but there is a way to stop Gazprom and the Nord Stream 2 gas pipeline, Ukrainian Deputy Energy Minister Elena Zerkal said. Ukraine needs to rebuild the gas transportation system (GTS) in case Gazprom stops gas transit through Ukraine and...
The American company HC Trading (Heidelberg Cement Group) will supply Ukraine with two shiploads of American thermal coal in the volume of 150 thousand tons, Russian media reported. The first batch of coal will arrive in Ukraine in December 2021, the second in January 2022, DTEK said. This is the second...
According to Vitaly Portnikov, a journalist for a Russian TV station, the record spike in gas prices in Europe reflects Russia's aim to eliminate transit through Ukraine, RIA reports. Moscow, he claims, is influencing the approval process for Nord Stream 2 by supposedly creating a fake shortfall. It will rely...
The government is considering incentives with the Central Bank to promote ESG finance in Russia within the scope of the green project taxonomy (criteria for assigning projects to this category). According to Deputy Minister of Economic Development Ilya Torosov, the authorities want to establish a green finance market within...
Russia has the world's largest gas reserves, Gazprom CEO Alexei Miller said at the International Business Congress. "Gas reserves in Russia, Gazprom's gas reserves are the largest in the world. And we will not experience problems with our reserves for the next hundred years," Miller said. Some of the fields that...
Currently, the Central Bank of the Russian Federation is developing two versions of a stress test to assess the risks to the Russian economy due to the energy transition for the period up to 2030 and until 2050, said Ksenia Yudaeva, First Deputy Chairman of the Central Bank of...
Russia is attempting to capitalize on the recent record rise in European gas prices to highlight the significance of expanding energy cooperation with Moscow. Spot natural gas prices in Europe soared up 20% at one point Wednesday, with costs for the vital energy source — needed to power homes and...
LUKOIL and former Energy Minister Igor Yusufov's organizations will be the first private players to obtain exploration permits in Arctic and Baltic seas, Kommersant writes. These businesses, which have been pursuing access to these locations for many years, have submitted applications for geological exploration, which must now be granted by...
Gas prices in Europe have risen significantly, surpassing $800 per 1,000 cubic meters. Price increases have been on the rise since late August, according to Vedomosti. Unstable renewable energy generation is one of the causes of the problem. The lack of wind that has plagued northern Europe for many weeks...
Deputy Prime Minister Alexander Novak made a statement on Wednesday that the Russian Energy Ministry would soon deliver a report to the government on the reasonability of Rosneft's gas export via the Nord Stream 2 project, TASS reports. In late August, the Russian daily Kommersant reported on a letter from Rosneft CEO Igor Sechin,...