Russia is ready to become Serbia’s partner in building a nuclear power plant if the Balkan country’s leadership decides to launch a national nuclear energy program, First Deputy Head of the Russian Government Office Sergey Prikhodko told reporters ahead of Russian Prime Minister Dmitry Medvedev's official visit to Serbia.
"With...
Russia’s state-run gas major Gazprom has initiated the final stage of testing on the offshore section of TurkStream, pumping gas into the first branch of the pipeline, the company said, according to RNS.
“Filling the pipeline system with gas is a significant step towards the start of actual gas supplies...
Russia’s diamond producer Alrosa has noted an upward trend in rough diamond sales in the second half of Q3 2019, which the company believes creates the basis for market recovery in the future, Prime news agency reported.
"The second half of Q3 2019 saw an upward trend in rough diamond...
Russia’s biggest oil firm, Rosneft, has started exploration in Iraq’s Kurdistan this year, the company’s first vice president Eric Liron said in an interview with TASS, adding that the work is expected to continue in 2020 and might take several years.
At the same time, the company said it was...
The government of Venezuelan President Nicolas Maduro is mulling handing over full control over its state-run oil company PDVSA (Petroleos de Venezuela) to Russia’s Rosneft, local newspaper El Nacional reported citing industry sources.
According to the report, the initiative was put forward with an aim to secure the write-off of...
The world’s largest oil producer, state-owned Saudi Aramco, has signed a share purchase agreement to acquire a 30.76% stake in Russian manufacturer of electrical submersible pumps Novomet, Newsko.ru reports.
The stake, which Aramco is buyin together with the Saudi sovereign wealth fund, Public Investment Fund (PIF), and the Russian Direct...
A subsidiary of Russian energy company Lukoil has been awarded a 5% stake in Abu Dhabi’s Ghasha ultra-sour gas concession, marking the first time a Russian company is taking part in the emirate's upstream activities, WAM news agency reports.
Lukoil will pay the Abu Dhabi National Oil Company (ADNOC) $190 million as...
Gazprom Neft, the oil arm of Russia’s state-run energy giant Gazprom, has signed an agreement to use artificial intelligence and neural network technologies in hydrodynamic modeling of deposits, in partnership with Saudi Aramco, RIA Novosti reports.
Gazprom Neft’s CEO Alexander Dyukov told reporters on the sidelines of the Russia-Saudi investment forum...
A subsidiary company of China National Chemical Engineering (Group) Co. Ltd. (CNCEC), has signed an agreement with a Russian company to build a natural gas processing and chemical plant in the country, Xinhua reported.
The construction in a small town near Russia's shoreline of the Gulf of Finland is planned to be finished...
The forthcoming initial public offering of Saudi oil giant Aramco is attracting investors from Russia and China, Kirill Dmitriev, the chief executive of the Russian Direct Investment Fund (RDIF) has said, according to Reuters.
“I would say that some Russian investors are interested. For the sovereign wealth fund (RDIF) to...
