Russia may lose its leadership in the volume of gas exports by 2024, the action plan for the implementation of the Energy Strategy until 2035 predicts.
Over the next two years, Russia will retain the top three of the world's largest gas suppliers, but then either retain that spot or...
Rosatom has begun the construction of a unique power unit with a fast neutron reactor BREST-300, a part of the Proryv strategic project. The power unit is being built in the closed city of Seversk, Tomsk Region, Russian media reported.
On June 8, the first concrete was poured into the...
The number of accidents at Russian oil and gas facilities increased sharply in the period of January-May, Rostekhnadzor reports.
According to the deputy head of Rostekhnadzor, Alexander Demin, production control services have proven to be ineffective.
Demin called for a detailed analysis of each accident and prevention of the causes of...
Russia plans to complete the construction of the second part of Nord Stream 2 up to two months time, as the pipeline is completely ready. However, gas supplies will begin after getting permission from the German regulator, Russian President Vladimir Putin said during the SPIEF forum.
Gazprom is ready to...
The oil and gas industry of Russia is becoming reformed under the influence of the COVID-19 coronavirus pandemic, Igor Sechin, Rosneft's CEO, said during the Energy Transformation Panel at the St. Petersburg International Economic Forum.
Such factors as increased regulation in production, the OPEC + agreement, containment of retail prices,...
The Foreign Minister of Hungary Peter Szijjarto said on Thursday that he has signed a 15-year gas supply agreement with Russian energy giant Gazprom, which would take effect when the current arrangement expires in September, Reuters reports.
Hungary's natural gas imports have diversified in recent years, with the installation of...
Despite U.S. sanctions against the project, which Washington fears would strengthen Moscow's regional dominance, Russia's Deputy Prime Minister Alexander Novak said on Thursday that the certification of the Nord Stream 2 natural gas pipeline poses no concerns, Reuters reports.
Novak said Nord Stream 2 was more climate-friendly than Ukraine’s gas...
The facilities of Nord Stream 2 in the Leningrad Region will begin testing next week in order to prepare for the gas launch in Germany, according to Leningrad Region Governor Alexander Drozdenko.
Drozdenko said after taking part in a business forum on the first day of the St. Petersburg International Economic...
Oil and gas production in Russia decreased in January-May by 6.3% in annual terms to 212.22 million tons, according to CDU TEK. The average daily production was 10.3 million barrels, Russian media reported.
In May, Russia produced 44.21 million tons of oil with gas condensate (+ 11.2% in annual terms)....
