Russian authorities are planning to start operating two new power stations in Crimea at full capacity on March 18, the anniversary of Russia’s annexation of Ukraine’s peninsula, Reuters reported citing sources familiar with the plans.
The power stations were in the focus of an international scandal after German engineering giant Siemens said its...
Russia will supply further two reactors the Tianwan nuclear power plant in China's Jiangsu province after Chinese and Russian officials signed a general construction contract on, TASS news agency reported on Tuesday.
In addition, a technical design contract was signed for a second pair of reactors at the Xudabao...
The International Energy Agency’s (IEA) said in its latest five-year forecast that the United States will soon be challenging to be the biggest oil exporter in the world thanks to the “remarkable strength” of its shale industry, according to the Financial Post.
By the end of the 2024, oil exports...
Russian-Vietnamese oil and gas joint venture Vietsovpetro held a ceremony in the southern province of Ba Ria - Vung Tau on Friday to welcome the first flow of oil it pumped up from Ca Tam field, Inosmi.ru reports.
Built in March 2018, the CTC1-WHP oilrig is the most important component...
Russia’s top aluminum producer Rusal plans to enter new trade markets in 2019 after the company was relieved of U.S. sanctions in January, chief executive officer Evgeniy Nikitin told reporters on Thursday, according to Metalinfo.ru.
"Currently Rusal is on track to fully restore all business processes, which is the main...
Russian authorities in St Petersburg have launched a large-scale fraud case against Vitaly Ermolaev, CEO of the now bankrupt company Omega, accusing him of citing false pretexts for dividend payments, fictitious loan agreements, and unfounded payments to affiliated companies that allowed him to withdraw funds from Gazprom that cost the corporation...
A branch of the TurkStream pipeline that will deliver Russian natural gas into Turkey as well as southern and southeastern Europe will begin to be built in Serbia next month, the country’s energy minister Aleksandar Antic has said after the Serbian energy regulator has given final approval for the...
Russia’s Gazprom Export, the export subsidiary of state-owned gas giant Gazprom, has successfully completed the first deal on gas sales to Western Europe priced in rubles on the Electronic Sales Platform, the company said in a statement on Thursday, according to Izvestya.
"The deal is a balance-of-month settlement with German...
Russian oil exports in January 2019 declined in value terms by 18.2% compared to the same period in 2018 and amounted to $8.7 billion, the Russian Federal Customs Service announced, according to TASS news agency.
The physical volume of oil exports decreased in the reporting period by 10.1% and amounted...
The Danish Energy Agency has not yet decided whether to allow a joint German-Russian gas pipeline, Nord Stream 2, to pass through its territorial waters, Danish Foreign Minister Anders Samuelsen has said, according to the Associated Press.
Samuelsen suggested that Moscow's continued aggression in Ukraine was making the project less likely to...
