Energy

The Russian state company Rosatom has begun industrial manufacturing of the zirconium sponge required for nuclear fuel assemblies. This is a completely homegrown breakthrough technology that will allow nuclear fuel exports to rise since this material is required for fuel manufacture in foreign-designed reactors, Nezavisimaya Gazeta writes. So far,...

The ICE Intercontinental Exchange in London, the world's premier gas and oil trading platform, suspended gas trading at noon due to a surge in prices. The London Stock Exchange sent customers notice of the suspension of trading due to a 39% jump in gas prices to a new record of...

Ukraine has increased the withdrawal of natural gas from its underground storage facilities (UGS) by 91 times over the past day, according to Ukrtransgaz, the operator of Ukrainian UGS facilities, Russian media reported. By 07:00 Thursday, the daily pumping out of the storage facilities has been increased from 0.1 to...

The gas price on October 6 renewed its record - it jumped by 39% to $1970 per thousand cubic meters. Coal has not lagged behind - the price of fuel exceeded $300, which is 6% more than the record in 2008, according to the ICE intercontinental exchange in London. The...

On Wednesday, the gas price set several records at once, increased by 15% by 11:00 Moscow time, to $1604 per thousand cubic meters. Half an hour later, the rise in gas prices per day reached $500, or 38.6%, to $1940. However, immediately within a few minutes, the quotes of the...

Participants in OPEC+ have agreed to maintain the deal's terms while not boosting oil production. Following the discussions, Russian Deputy Prime Minister Alexander Novak told Russia-24 TV that the already scheduled November increase in oil output of 400,000 barrels per day would continue the process of stabilizing the oil...

On Monday, the price of Gazprom's common shares surpassed the 2008 record high. The continuous increase in stock market prices for gas in Europe is one of the major reasons boosting the company's capitalization, and there are signs that the energy industry will only expand, TASS quotes Rossiyskaya Gazeta.  On...

The EU's policy of switching to clean energy sources could lead Europe to disaster this winter, Forbes reported. The policy of the European Union (EU) of switching to clean energy sources could lead Europe to disaster this winter, Forbes added. The record rise in world gas prices could push many thermal...

Gazprom has never denied the possibility of direct contracts with Ukraine on gas supplies, this is a matter of negotiations and expediency, the press secretary of the Russian President, Dmitry Peskov said. Since November 2015, Ukraine has stopped direct purchases of gas from Russia, but it receives Russian gas through...

The US will continue to oppose the Nord Stream 2 (SP-2) project, US State Department spokesman Ned Price said. On the eve, Gazprom began to fill the first line of SP-2 with gas, said the pipeline operator Nord Stream 2 AG (owned by Gazprom). "We do not have a concrete answer...