Oil prices rose for a second day on Tuesday and volatility subsided to its lowest in three weeks, Reuters reports.
As investors were preparing for a key meeting of the OPEC producer group next week, crude remained in a tight trading range, in line with the broader financial markets, which...
Romania continues to decrease its imports of Russian gas, as supplies from Gazprom declined by 20 percent last year compared with 2016, to 1.19 billion cubic meters, according to data released by Gazprom Export, Business Review reported.
The country imported 1.48 billion cubic meters of gas from Gazprom in 2016,...
A company whose shareholders include Russian state-owned giant Gazprom Neft and Serbian oil company NIS has won Albania’s Ministry of Infrastructure and Energy tender for the use of the oil deposits found in the south of the country.
According to documents published by the Balkan Investigative Reporting Network (BIRN), the...
Oil prices fell on Monday, dragged down as U.S. oil drilling activity rose to its highest level since March 2015, while increasing output in Russia also weighed on the market, Reuters reported.
Analysts expect surging U.S. output to start offsetting efforts led by the Organization of the Petroleum Exporting Countries...
Gazprom Neft, Russia's third-largest crude oil producer, has called for flexible quotas in a production cut deal enforced by Russia and OPEC, Finanz reported. The company is ready to fully recover its frozen output within one to two months, the company's CEO Alexander Dyukov said Saturday.
Dyukov's statement comes less...
Rosatom, Russia’s state-owned atomic energy corporation, has concluded a number of agreements on cooperation with China in the field of nuclear energy, Kommersant business daily reported.
“Within the signed package of intergovernmental agreements in the nuclear area, framework contracts have also been concluded... for the construction of Tianwan NPP power...
The Bulgarian parliament has approved a plan to revive the Belene nuclear power plant five years after the Russian project was suspended due to financing problems and concerns about relying too heavily on Russian energy, Euronews reports.
The parliament on June 7 approved Prime Minister Boyko Borisov's proposal to develop...
A senior official from Russia’s atomic power corporation Rosatom has said his company will provide “new, more advanced and safe fuel” for the two running reactors of India’s Kudankulam Nuclear Power Project (KNPP).
According to IANS, Alexander Ugryumov, Vice President (R&D) of Rosatom's fuel arm TVEL said Rosatom will also...
Russian energy company Rosneft and U.S. major ExxonMobil expect their future joint project to produce more than 6.2 million tons of liquefied natural gas per year, RNS quoted an ExxonMobil manager as saying on Thursday.
Exxon Mobil is pushing ahead with efforts to develop its $15 billion Far East Liquefied Natural...
India’s Hindustan Construction Co (HCC) on Wednesday announced that its joint venture with MAX Group has won a $110 million contract from Russia for the construction of a nuclear power plant in Bangladesh, Business Standard reports.
The contract includes civil works of Turbine Island for Unit 1 of Rooppur Nuclear...
