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Russia
Crude Oil
Russian Oil Production Tops OPEC+ Quota In September
Russia produced an average of 9.93 million bpd of crude oil and condensates last month, a little above its OPEC+ quota but still down 11.8 percent on the year, …
Gas turbine engine
Russia’s InterRAO to Invest $580m in Gas Turbine Venture with GE
Russian energy holding company InterRAO reportedly plans to invest $580m in a gas turbine joint venture with General Electric.
Solar Power Panel
EnCORE PV to Build Integrated 1GW Heterojunction Module Manufacturing Plant in Russia
EnCORE PV has been established to build own and operate a 1GW heterojunction plant in the region of Kaliningrad, located along the Baltic coast between Poland a…
Oil & Gas Trade
Russia's Novatek Says on Track for up to 70 mln T/yr of LNG By 2030
Novatek is on track to produce 57-70 million tonnes of liquefied natural gas per year by 2030 despite the pandemic, the Russian company said on Tuesday, around …
Nuclear Equipment
Giant Pipeline Installed at Russia's Kursk II Nuclear Power Plant
A giant pipeline is being installed at the construction site of Russia’s Kursk II nuclear power plant.
Nuclear Power Plant
Rosatom Ships Equipment for Kudankulam N-Power Plants
Russia's integrated nuclear power player Rosatom on Friday said that ship BBC Elbe has left the country with equipment for two 1,000 MW atomic power plants comi…
Crude Oil
Gazprom Neft Sees Full Oil Demand Recovery By The End Of 2021
Russia’s oil producer Gazprom Neft believes that global oil demand will return to its pre-pandemic levels in the second half of 2021.
Russian Federation
Nuclear Icebreaker Arktika is Heading to Murmansk
On September 22, Arktika, the lead universal nuclear-powered icebreaker, departed from the completion embankment of the Baltic Shipyard in St. Petersburg toward…
Thermal Plant
Iran To Build New Power Plant With Russia
Iran's Energy Minister Reza Ardakanian has said this week that the joint construction operations of the thermal power plant in the southern province of Hormozga…
LNG
Russia's Arctic LNG Project Receives US$9.5 Billion in Financing
International lending institutions have arranged approximately US$9.5 billion in financial support for Russia’s Arctic Liquefied Gas project.
Energy Technology
New Used Fuel Facility Being Completed at Russia's Mayak
The Moscow-based Central Design and Technological Institute has developed documentation for the construction of a complex for storage and preparation of used nu…
Oil Price
Global Effort Begins Again to Stabilise Oil Prices, OPEC+ Meet May be Called in Oct
A bigger global effort to stabilise oil prices involving all major oil producers including Russia is again on the cards to see that the current crisis does not …
Market Analysis
Russian Energy Minister: Global Oil Demand is Expected to Fully Recover in the Second Quarter of 2021
Russian Energy Minister Alexander Novak participated in the OPEC+ JMMC online meeting and said that global oil demand is expected to fully recover by the second…
Oil Pipeline
Future of German-Russian Nord Stream 2 Pipeline Remains Uncertain
Calls are mounting in Germany to stop the Nord Stream 2 pipeline, which will take gas from Russia to Germany.
Oil Price
OPEC+ Panel to Meet Amid Oil Price Decline
OPEC and allies, led by Russia, are scheduled to hold an online meet on Thursday to discuss compliance with their agreed output cuts and demand trends amid fall…
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