Gazprom continues to pump into underground gas storage facilities (UGS) to replenish the fuel volumes taken this season and create a record operating reserve of 72.638 billion cubic meters of gas, Russian media informed.
Taking into account the reserves in the territory of Belarus and Armenia, the reserve will amount...
Russia hopes that the Nord Stream 2 gas pipeline will be finalized and it will help step up energy security in Europe in the future, Kremlin Spokesman Dmitry Peskov said in a televised interview on Russia’s Channel One on Saturday.
"Unconditionally, we are hoping that the project will be finalized...
Russia and Germany have agreed to set the conditions for future processing of spent nuclear fuel from German research reactors in Russia, state nuclear corporation Rosatom said on its procurement website, according to RIA news agency.
The facilities in question are the research reactors in Rossendorf and Garching, the website...
An American company has agreed to pay $2 million to settle charges that it bribed a Russian official to win contracts to ship uranium to the United States, the U.S. Justice Department said on Tuesday.
Maryland-based Transport Logistics International admitted to bribing the Russian official with more than $1.7 million...
Gazprom is willing to go with a short-term extension of its gas transit contract with Ukraine, the Russian gas giant’s CEO Alexey Miller said on Thursday after talks with Ukraine and the European Union, according to Reuters.
“There is a risk that Ukraine will not be able to... create an...
Russian authorities have announced this month that domestic oil production hit 11.36 million barrels per day (bpd), on average in September, marking a new historic peak reached despite the often-cited poor shape of the Russian economy and negative impact of Western sanctions. But the news also raised eyebrows in...
Planned production curbs by global producers, led by Saudi Arabia and Russia, failed to diminish concerns about renewed oversupply stoked by swelling U.S. shale output, sending global oil prices down 4%, OilPrice.com reports.
Fears of a potential slowdown in the global economy and the ensuing weaker oil demand have also...
Russia is waiting for the president of the National Assembly (AN) of Venezuela, Juan Guaidó, to leave office before sending economic advisors to help the regime of his opponent and Moscow ally, Nicolas Maduro, Bloomberg writes.
Maduro is considered as the usurper of power by many of Venezuela’s population and...
The head of the political council of the Opposition Platform - For Life party Viktor Medvedchuk believes that an energy crisis has come in Ukraine, and the authorities are not ready to provide the population and enterprises of the country with energy resources, Russian media informed.
“The energy crisis is...
