London-based precious and base metals exploration and development company Orsu Metals is looking forward to starting operations in Russia’s Zabaykalsky Krai, the company’s director of exploration Alexander Yakubchuk has said in an interview with Investing News.
Yakubchuk and Orsu Metals Managing Director Sergei Stefanovich discussed the company’s property in Russia’s...
Gazprom has confirmed that the offshore section of its Turkstream pipeline project in the Black Sea has been completed, Investing.com reported.
Gazprom subsidiary South Stream Transport handled the construction of the offshore section, while the contract for both pipelines was awarded to Allseas Group.
Allseas deployed the Pioneering Spirit pipelaying vessel to...
No progress has yet been made regarding BP’s plans to buy gas from Russian state-run oil major Rosneft, the CEO of the British energy giant Robert Dudley said, answering to a question from TASS news agency.
He said the partners are yet to receive the Russian government’s permission for gas...
Italian oil and gas contractor Saipem has signed new contracts for onshore infrastructure development and construction in Russia and Serbia valued at $560 million, according to Global Energy Today.
The Russian contract was signed with the Moscow refinery’s operator GazpromNeft and covers the engineering, procurement and construction of a new...
The Russian Ministry of Energy is planning to provide a series of preferences for companies that will use domestic gas turbine equipment, Kommersant reports.
A draft decree approving a mechanism of investments raising for thermal power plants upgrade has already been prepared, the report says.
In particular, thermal power plant commissioning...
A U.S. decision to end Iran sanctions waivers is set to put pressure on oil prices and benefit Russia's budget and oil producers, as international buyers are likely to seek more Russian crude as an alternative to Iranian supplies, S&P Global Platts reports.
The United States said last week it...
Italian energy company Enel Green Power has begun construction of a 90-MegaWatt (MW) Azov wind farm, located in the Rostov region of Southern Russia, Renewable Energy World reported.
The wind farm, which EGP says is the Rostov region’s first renewable facility, is owned by subsidiary Enel Russia. EGP is in...
Russia’s gas giant Gazprom plans to construct a gigantic gas processing plant on the Baltic Sea in partnership with RusGasDobycha, a company previously owned by businessman Arkady Rotenberg, Moscow business daily Vedomosti reported citing sources in the industry.
The cost of the project, planned to have an annual capacity of up...
Russian oil companies will demand some provisions to a government-planned tax maneuver in the sector which has already been approved by the Russian parliament and signed into law, Vedomosti reports.
According to officials and the newspaper’s sources in oil companies, the industry representatives will soon discuss the issue with President Vladimir...
In an apparent attempt to protect itself from possible tougher U.S. sanctions, Russian oil producer Surgutneftegaz is pushing buyers to agree to pay for oil in euros instead of dollars if the need arises, traders who deal with the firm told Reuters.
According to the agency, the company asks customers...
