Russian mining company UGold has lost a major tender in Serbia for the country’s state-owned copper miner and smelter RTB Bor. Serbia’s government has picked China's Zijin Mining Group as a strategic partner the troubled company, the country's energy minister said on Friday, according to SEE News.
According to...
The average oil production by Russia stood at 11.208 million barrels per day (bpd) in the period of Aug 1-29, two industry sources told Reuters on Thursday citing preliminary operating data.
The Russian Energy Ministry will officially disclose oil output for August on September 2.
In July, Russia's average oil production...
A new “gas war” between Russia and the United States over European sales could be in the making, as rising U.S. production and ambitious Russian pipeline projects aim at securing the lucrative LNG market, The Street writes.
This year, some of the warmest temperatures on record have melted the ice caps...
German energy company Uniper said on Wednesday it will withdraw from the controversial gas pipeline project Nord Stream 2 if Washington imposes sanctions on the Russia-initiated venture, RIA news agency reported.
“As Uniper, we cannot risk that we will actually be covered by U.S. sanctions. Then we would be...
The Iranian energy minister Reza Ardakanian has said that his country continued talks with Russia to build a new nuclear power plant capable of generating up to 3,000 megawatts of electricity, Reuters reported.
The Islamic Republic, which is back under heavy U.S. economic sanctions since early this month, currently has the...
American multinational oil conglomerate ExxonMobil has said on Tuesday that U.S. sanctions against Russia will not have a negative impact on the Sakhalin-1 project, where the company is participating.
"ExxonMobil complies with all applicable laws and regulations related to dealings with U.S.-sanctioned countries. The current U.S. sanctions against Russia do not...
Europe’s demand for natural gas began declining for the first time since 2015 this year, falling 2.6%, Moscow-based Kommersant business newspaper reports citing data provided by Gazprom Export, the state-owned gas giant’s export arm.
The company estimates consumption in the first half of the year in the far abroad...
Russia’s state atomic energy agency Rosatom has announced the start of nuclear fuel-loading at the fourth power unit of the Tianwan nuclear power plant (NPP) in China, RIA news agency reports.
“On August 25 at 7:20PM (2:20 PM Moscow time), the first fuel assembly was loaded into the active...
Russian gold miner NordGold has managed to save an estimated $16.5 million last year in Burkina Faso, thanks to a special low tax deal it made with the West African country’s former dictator, Finance Uncovered reports.
According to the investigative news outlet, the sum easily eclipses the $12million Burkina Faso...
Russian energy companies should expand their infrastructure for coal exports and should seek to diversify their export destinations, especially with regard to China, Russian President Vladimir Putin said on Monday, according to state-run news agency TASS.
"Last year, domestic companies exported more than 190 million tons of coal. According to...
