Russia is set to expand in the global coal market as it plans to increase shipments of the fuel and the cost advantages appear increasingly stacked in its favor, Reuters writes.
Already the third-largest supplier to the seaborne market, behind Indonesia and Australia, Russia is moving to take advantage...
Lower global oil prices and a jump in freight rates has caused a 15% slump in prices for Rosneft’s domestic oil tender for November supplies, traders said on Tuesday, according to Reuters.
Russia’s biggest oil company had its spot market freight rates for crude cargoes from the Middle East to...
Russia could be willing to compensate global shipping companies for potential risks of cruising through its Arctic waters, Bloomberg reported on Monday.
To deliver a cargo via the Northern Sea Route today, a shipping company needs an ice-class vessel or an icebreaker and to pay insurance costs more than twice...
The state gas company of Ukraine, Naftogaz, has decided to file a new lawsuit in November to recover over $11 billion it claims from Russia’s Gazprom, in addition to almost $3 billion that Russia should pay according to the Stockholm arbitration decision, Nezavisimaya Gazeta writes.
The Russian gas giant recently...
Nuclear energy will be the focus of the first Russia-Africa Summit, with Moscow looking to sell the energy as a solution for the continent's power supply woes, DW writes.
Nearly 600 million Africans do not have access to electricity. With growing populations and rising demand for power, African governments are...
The head of Russian oil company Tatneft, Nail Maganov, said in an interview with TASS that at current oil prices, projects on the Arctic shelf are much less attractive than those in traditional production regions of Russia.
"Given the current oil prices, we are extremely interested in other projects, especially...
Russia’s Gazprom plans to supply Bosnia and Herzegovina (B&H) with Russian gas that will be delivered to Europe via the TurkStream natural gas pipeline, an official of B&H’s Serbian republic, Srpska, said earlier this month.
A connecting branch of TurkStream will start in 2020 to extend from Belgrade to the Republika Srpska,...
Persistent concerns about the global economic outlook and the impact on oil demand drove oil prices down on Monday, while Russia again missed its target to cut oil output last month, Reuters reports.
At 05:17 GMT, global benchmark Brent crude oil futures LCOc1 fell by 14 cents, or 0.2%, to $59.28...
The Rwandan Cabinet has approved an agreement with Russia to advance the use of nuclear energy for “peaceful purposes,” a move that is expected to bolster relations between the two countries and advance the latter’s interests in the region.
This comes ahead of the first Russia-African Forum next week in...
