President of Belarus Alexander Lukashenko proposed Rosatom CEO Alexey Likhachev to create a subsidiary of the Russian state corporation in Belarus, he said on Saturday visiting BelNPP, TASS informed.
"Alexander Lukashenko discussed the prospects for cooperation with the Russian side in the field of nuclear energy with the Director General...
Libya’s crude output has exceeded one million barrels per day since its oil industry came back online. However, the inflow may create shockwaves in the global oil market as demand has not fully recovered from the Covid-19 crisis, RT reported.
Despite facing financial difficulties, the National Oil Corporation (NOC) announced...
The first power unit of the Belarusian NPP has reached a capacity of 400 MW, the country's energy ministry reported on Friday, TASS writes.
The ceremony to increase the power unit's capacity was held with the participation of the President of Belarus Alexander Lukashenko. Electricity from the nuclear power plant...
Russia's Natural Resources Ministry has issued a gloomy reserves replacement forecast for this year, with the figure for confirmed oil and condensate reserves likely to fall well below anticipated production, Upstream reports.
According to estimates from the ministry, Russian oil companies will cut spending on appraisal and exploration work by...
Moscow will work out a possibility for Belarus to acquire an oil field in Russia but so far there are no specifics on this issue, Kremlin Spokesman Dmitry Peskov told reporters on Thursday, TASS reported.
"There are no specifics on this issue yet," he said adding that such a plan...
Belarus will receive the bulk of oil deliveries in 2021 over the pipeline from Russia but alternative deliveries will also take place, Prime Minister of the country Roman Golovchenko said on Monday on the air with the Belarus-1 TV Channel, TASS reported.
"We have no problems with volumes of suppliers....
The share of natural gas on the world energy market will grow in the coming decades, and Russia has no plans to dampen down its fossil fuel production. That’s according to Alexander Novak, the country’s energy minister, RT reported.
“I believe natural gas to be an eco-friendly energy source,” Novak...
Oil prices rose nearly 3% on Wednesday after President Donald Trump falsely claimed victory in a tight U.S. election with millions of votes still to be counted and the final result not yet clear, Reuters writes.
A victory by Trump is viewed as bullish for oil because of sanctions on...
Top managers of Russian oil companies and Russian Energy Minister Alexander Novak on Monday discussed a possible extension of oil output restrictions into the first quarter of 2021, Reuters reports, citing industry sources.
The Organization of the Petroleum Exporting Countries (OPEC) and Russia imposed a record oil output cut in...
Global crude prices continued their slide on Monday, after Brent blend had its steepest decline last week since April. Concerns are growing that new lockdowns could hit the global demand for fuel, RT reported.
Brent dropped as much as 4.6 percent, to $35.74 a barrel, hitting its lowest level since...
