The owner of South Korea’s top refiner SK Energy and petrochemical maker SK Incheon Petrochem, SK Innovation, has been buying oil in Russia and Qatar as a replacement for Iranian condensate, a top official said on Monday, according to Reuters.
“The share of Iranian condensate was high, but that...
New, innovative technology from Russia’s National University of Science and Technology (NUST) looks to change the way such pipes are manufactured – increasing efficiency for companies and reducing not only operating costs and necessary repairs but also a risk to the environment, Metalurg Prom reports.
Oil extraction in Russia presents...
Russia took another step toward its ambitious Arctic program on Saturday, launching a nuclear-powered icebreaker, TASS news agency reports.
Moscow wants to improve Russia’s ability to tap the Arctic's commercial potential by renewing and expanding its northern fleet. The ship, dubbed the Ural, was floated out from a dockyard...
Italian energy company Enel Green Power has begun construction of a 90-MegaWatt (MW) Azov wind farm, located in the Rostov region of Southern Russia, Renewable Energy World reported.
The wind farm, which EGP says is the Rostov region’s first renewable facility, is owned by subsidiary Enel Russia. EGP is in...
Russia and Germany have agreed to set the conditions for future processing of spent nuclear fuel from German research reactors in Russia, state nuclear corporation Rosatom said on its procurement website, according to RIA news agency.
The facilities in question are the research reactors in Rossendorf and Garching, the website...
The domestic oil tender of Russian energy major Rosneft fell 6 percent in price, traders said on Wednesday, as demand was badly impacted by infrastructure bottlenecks due to a dirty oil crisis, Reuters reports citing traders.
The news agency’s sources said Rosneft's offer also dwindled to 20,000 tons for sale...
Russian private gas producer Novatek is planning to adopt an investment decision on a new liquefied natural gas (LNG) project in 2019, the company told Kommersant.
Novatek, which already operates the Yamal LNG terminal and is building Arctic LNG 2, said it is generally set on the project and plans...
United States Energy Secretary Rick Perry said on Tuesday that a sanctions bill putting tough sanctions on companies involved in Russia’s Nord Stream 2 project would come in the “not too distant future,” the Financial Times reports.
The gas pipeline project is criticized by the United States and several eastern...
