Russia is planning to tow what has been called a “Floating Chernobyl” to the Arctic next month. The floating nuclear power plant called the Akademik Lomonosov will be towed via the Northern Sea Route to its final destination in the Far East, following nearly twenty years in construction, CNN...
Russian President Vladimir Putin said on Saturday that Saudi Arabia and Russia have agreed to extend by six to nine months a deal with OPEC on reducing oil output, Reuters reports.
The statement comes after months of consultations and negotiations and as oil prices come under renewed pressure from rising...
Despite obstacles including the threat of U.S. sanctions, the Nord Stream 2 gas pipeline is “past the point of no return”, the head of Russian state gas giant Gazprom Alexei Miller said on Friday, according to Lenta.ru.
“We are working from the idea that Nord Stream 2 will be realized...
Russia’s government and its oil companies have a unified position on the future of the deal between the Organization of Petroleum Exporting Countries (OPEC) and its allies to cut crude output, Interfax cited Energy Minister Alexander Novak as saying on Friday.
OPEC and non-OPEC oil exporters are due to discuss...
South Korean shipbuilders are in a race to win state orders in Russia to build ice-breaking ships which would transport liquefied natural gas (LNG) under Novatek’s Arctic LNG 2 project, the Aju Business Daily reports citing industry sources.
Russia's second largest natural gas producer, Novatek, plans to start producing LNG...
The Russian oil contamination crisis that disrupted flows and shook global prices is over, Russian officials say, and the government is calculating damages to its own economy and compensation payouts to neighbors, Reuters reports.
On Thursday, Russia’s pipeline monopoly Transneft reached a deal to pay Kazakhstan $15 a barrel for...
Anglo-Dutch energy giant Shell decided to withdraw from the Baltic LNG project because it does not agree with the change in its concept, the company’s chairman Cederic Cremers, Shell Russia Chairman, told TASS news agency.
"The reason is that we don’t believe in an integrated concept. We were discussing the...
Russia Energy Minister Alexander Novak said on Thursday that his Ministry remains in talks with Russian oil companies about the OPEC+ deal, Reuters reports.
Novak said he believes that Russia and the Organization of Petroleum Exporting Countries (OPEC) should be able to reach an agreement at the upcoming OPEC+ meeting...
Russian independent energy company Novatek has announced the first delivery of its liquefied natural gas (LNG) from its Yamal project in the Arctic to Japan. The shipment was unloaded at the Tobata LNG Terminal in accordance with the delivery schedule, Natural Gas World reports.
The cargo was carried out in...
Russian oil giant Rosneft’s jet-fuelling business operator, Rosneft Aero, has been awarded a tender for fuelling the aircraft fleet of the largest Turkish air carrier Turkish Airlines in Russian airports until 2020, Angi.ru reported citing a company statement.
According to the Russian oil major, the contract states that the into-plane...
