Russian state nuclear corporation Rosatom has not received a letter from Kiev requesting to meet and discuss the resumption of a project to build a joint Russian-Ukrainian facility to produce nuclear fuel, a company spokesperson has said.
"We have not received a letter with a request to meet for further...
Russia's trade surplus surged 42.6 percent year-on-year to 81.4 billion U.S. dollars in the first five months this year, the Russian Federal Customs Service said Monday, according to Russian news outlet RNS.
Russia's trade turnover amounted to 273 billion U.S. dollars in the January-May period, up 23.3 percent from the...
The first section of the Power of Siberia natural gas pipeline that will pump gas from Russia’s Irkutsk and Yakutia to Shanghai is halfway completed, but it looks likely that the alternative ‘western route’ of the pipeline, or Power of Siberia 2, will be constructed, Nezavisimaya Gazeta reported.
According to the newspaper,...
The Russian Finance Ministry has warned that a new global collapse of oil prices is possible if the price stays above the long-term equilibrium levels of $50-60 per barrel, Dp.ru reports.
According to an official document by the Finance Ministry, "In 2018, oil prices have reached new maximums since 2014....
A $1.14 billion tax hike for gas producer Gazprom effective from September 1 was approved by Russia’s lower house of parliament on Thursday, the results of a plenary session showed.
Lawmakers in a third and final reading agreed to raise the mineral extraction tax, the single largest tax item, for...
А European Union committee on June 20 decided to postpone the discussion of amendments to the EU gas directive before the tripartite talks between Russia, Ukraine and the EU on extending the Ukrainian gas transit contract, two sources close to its participants told Vedomosti.
The gas directive is one of...
Russian oil companies are priming the pumps to significantly boost crude output this summer, taking on an unusually important role in a global effort to keep prices in check, Oil Price reports.
Alongside Saudi Arabia, Russia is one of just a few countries that can quickly ramp up production, a...
Russia’s state nuclear enterprise Rosatom and China’s National Energy Administration are expected to launch the seventh and eighth 1,200-megawatt units of the Tianwan nuclear power plant in 2026 and 2027, respectively, Forbes reported.
According to the report, Moscow and Beijing may sign agreements to build two more nuclear power units in...
Bulgaria has all the necessary infrastructure for implementing the Turkish Stream project, Prime Minister Boyko Borisov said, once again openly demonstrating Sofia’s desire and readiness to use the second leg of the gas pipeline for itself, Izvestiya reports.
At the same time, Gazprom's press service told the newspaper that the...
