According to Kommersant, South Korea's Samsung Heavy Industries (SHI) shipyard has signed a contract for the supply of equipment and components for the building of the first series of Arc7 ice-class shuttle tankers for the Vostok Oil project.
The overall value of the transaction may be $1.7 billion. According...
Following the announcement of an additional £5 million by the UK government in support of Ukraine's civil nuclear sector's need for safety and security equipment, a further £7 million had already been designated to provide generators, in addition to the £10 million released last week to help and enable...
A tanker carrying liquefied natural gas (LNG) from the sanctioned Russia Yamal plant in the Arctic has arrived in Boston Harbour, where it will be offloaded for New England users, the Washington Post reported.
The giant tanker is carrying the first LNG exported by the Yamal facility, a US$27...
United States senators have been expressing concerns following a new House committee report which revealed how Russians attempted to use social media to manipulate U.S. energy markets.
It’s the first acknowledgment from politicians that such websites were used to influence U.S. affairs outside political and social discourse, The Hill reports.
“I’m...
Gazprom, Russia’s top gas producer will have to enter into a new gas transit system contract with Ukraine until at least 2020 since the inland part of the EU’s infrastructure will not be ready to receive Russian gas pumped through the Nord Stream 2 pipeline, Kommersant reports.
The Eugal pipeline, which...
Russia will start negotiations on extending its gas transit contract with Ukraine this week, Kommersant reported. According to the business daily, Russian energy giant Gazprom and Ukraine’s Naftogaz will formally discuss this issue in the next days. Substantive consultations between Moscow and Brussels may begin in late May,...
Earlier this year, American energy giant ExxonMobil was forced to withdraw from some joint projects with Russian oil giant Rosneft due to U.S. sanctions on Russia. But despite the setback, the U.S. supermajor is proceeding with a $15-billion liquefied natural gas (LNG) project that is unaffected by the sanctions,...
After stopping purchases from the U.S., the world's largest producer, China has tripled supplies of soybeans from Russia in recent months amid trade tensions with the U.S., Bloomberg reported.
According to Russian trade data, the country sold 850,000 metric tons of soybeans to China between July 2017 and mid-May this year....
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...
