Russian state-run gas giant Gazprom expects Denmark to agree to its route application for the Nord Stream 2 gas pipeline to Germany in October, Prime news agency reported citing Gazprom’s Chairman Viktor Zubkov.
Gazprom hopes to finish the gas pipeline project to Germany by the end of this year, but...
Russian diamond exploration and mining giant Alrosa will have a 70% stake in its joint venture with state-owned Zimbabwe Consolidated Diamond Company (ZCDC) with a provision set for possible expansion “in the territory of the whole country,” Businesslive reports citing the agreement between the two sides.
Zimbabwe’s information minister Monica...
Armenia wants to build a new nuclear power plant and is already in talks with Russia on participation in the project, the country’s Deputy Prime Minister Tigran Avinyan told the PanArmenian.
Avinyan, who is currently in New York for UN events, has said that Armenia does not want to give...
New large oil & gas fields in Russia’s region are unlikely to be launched before 2030, business newspaper Kommersant writes referring to the plan of the Ministry of Natural Resources for geological exploration of the Arctic.
Meanwhile, state gas giant Gazprom and its oil arm, Gazprom Neft still intend to...
Russian oil companies would need up to 2.6 trillion rubles ($41 billion) in tax breaks to develop the Arctic region, Vedomosti reported on Monday citing a letter from the head of Rosneft Igor Sechin addressed to President Vladimir Putin and backed by KPMG calculations.
According to the business newspaper, discussions...
Russia is looking to Asia's major energy importers as a buffer from U.S. sanctions while boosting Arctic production of liquefied natural gas (LNG) to counter growing American competition, Nikkei writes.
Late last month, independent gas producer Novatek agreed to sell a 10% stake in its Arctic LNG 2 terminal...
Work on Gazprom's TurkStream is 90% complete and the pipeline should go online before the end of the year, the Russian state-owned gas giant Gazprom said after it invited bank analysts on a trip to inspect the construction work, Ahval News reported.
Analysts visited the Russkaya compressor station in...
Russian state-run gas major Gazprom will send a working group to Armenia in the near future to discuss the issue of gas price and numerous components affecting the price, the country’s deputy Prime Minister Mher Grigoryan told reporters, according to local news outlet Aysor.
“The issue of tariffs is multi-component,...
Russia's nuclear power sector "continues to benefit" from supportive government policy, says a new report by global ratings agency S&P, according to World Nuclear News.
The development in Russia is in contrast to "tighter restrictions" in Western Europe owing to environmental concerns and growing competition from renewables, the agency’s analysts...
British oil giant BP has sold the first ever batch of crude oil supplied from the United States to Ukrainian state company Ukrtatnafta, Reuters reported.
The move is seen as another blow to Moscow amid heavy political pressure from Washington and an oil contamination crisis which has affected Russian exports.
"The...
