Fintel Energija, the Serbian subsidiary of Italy's Fintel Energia Group, said it has established a company in Russia to develop two wind power projects there, Construction.ru reported.
The Russian unit, Fintel Russian Ventures, will build and operate two wind farms with installed capacity of 25.2 MW and 273 MW, located in the...
The construction of a massive mining and metallurgical plant at the Udokan copper deposit in a remote region in eastern Siberia began, a company owned by Russian billionaire Alisher Usmanov's holding company said on Tuesday according to Reuters.
Baikal Mining Company, owned by Usmanov's USM holding, said the plant will...
Projects of oil production on the Russian Arctic shelf remain loss-making even under relatively high current prices, President of the Union of Oil & Gas Producers of Russia (SNGPR) Gennady Shmal said on Tuesday.
"Speaking about the present and even about the future, all the Arctic projects are too expensive...
Russia is now the largest player in the global nuclear reactor market, with Rosatom, its state-owned nuclear company, securing 60 percent of recent sales. Analysts say that by offering favorable financing from Moscow, Rosatom is able to significantly lower costs to countries interested in building reactors while developing strategic...
The construction of the underwater part of the Nord Stream 2 gas pipeline, which directly connects the Russian and German gas systems, will begin in the next few days, starting from the territory of Finland, a representative of the Nord Stream 2 AG consortium told Vedomosti.
The pipe-laying vessel...
Russia wants a more transparent deal with Belarus over oil exports and will curb duty-free oil product flows to the neighboring country while such a deal is reached, Reuters reported citing a Russian official.
Russia, Belarus, and Kazakhstan have a duty-free arrangement under which Moscow has been sending crude...
Russia produced 11.21 million barrels per day (bpd) of oil in August, a figure which is virtually unchanged from July and is near a post-Soviet record, Energy Ministry data showed on Sunday, according to Reuters.
The country’s oil output has seen a sharp increase in the past two months after...
Construction works for the Russian gas pipeline to Europe, Nord Stream 2, has started in German coastal waters and are now under way in four countries, Interfax reports.
The works are commencing despite the threat of sanctions from United States President Donald Trump and condemnation from the EU, the report...
Russia’s gas giant Gazprom said on Friday it was taking a pause from using some of its debt tools, Reuters reports.
The company said however that it had not suspended its loans program and it still had access to private loans.
According to banking sources, a deepening legal dispute with Ukraine’s...
Exports from Russia’s liquefied natural gas (LNG) terminal in Yamal have grown faster than expected over the summer and exceeded volumes from Russia’s only other LNG facility, Sakhalin, for the first time in August, Reuters reports.
The global gas market, used to chronic delays, has been surprised by the pace...
