Russia

Oil Shale

30% Of U.S. Shale Drillers Could Go Under

U.S. shale was one of the big losers of the Saudi-Russian price war that many saw as a war on U.S. shale. Producers scrambled to stay afloat as prices sank back…

Oil Field

Libya Oil Company: Russian Mercenaries Enter Major Oilfield

Russian and other foreign mercenaries have entered Libya’s largest oil field, the country's National Oil Corporation said on Friday, describing the development…

Nuclear Equipment

Four New Npp Units Will be Built in Russia

Preparations are now underway in Russia to build new power units in the Leningrad and Smolensk Regions.

Micro Reactor

Russia Begins Preparatory Work for Four New Reactors

The operator subsidiary of Russian state nuclear corporation Rosatom, announced today that preparatory work for the construction of four new reactors has commen…

Nuclear Power Plant

Three Big Players Work Together on Bulgarian Nuclear Plant

Russian state atomic energy corporation Rosatom is working with Paris-based Framatome and GE Steam Power, which is headquartered in the U.S.

Oil & Gas Trade

Russia July Crude Oil and Fuel Oil Export Tariffs Rose to 5.16 US Dollars / Barrel

The Russian Ministry of Finance issued a statement on Monday saying that as oil prices recovered, Russia set the July export tariff for crude oil and fuel oil a…

Nuclear Fuel

Russia Starts Installation Work at Fuel Fabrication Facility

Work has started on installation of the main equipment for the nuclear fuel fabrication facility at the pilot energy complex in Seversk.

LNG

Liquefied Gas Tank Explosion in Russia's Kazan kills 1, Injures 3

A gas explosion at a Gazprom distribution centre in the Russian city of Kazan has killed one person and left three injured.

Oil Price

Rosneft Launches "Denationalization" Reorganization

Russia's largest state-owned oil company Rosneft experienced its first quarterly loss in eight years.

Oil & Gas Trade

Russia to Solidify Position as World's Largest Natural Gas Exporter Over Next 5 Years

Russia is projected to continue strengthening its position as the world’s leading exporters of natural gas over the next five years as its production growth wi…

Oil Price

OPEC+ Extension Sets up Very Favorable Oil Price Conditions for the Rest of 2020

Russia and Saudi Arabia have just made a completely irrational effort to flood the global oil market.

Wind Turbine

Vestas Wins 226MW Wind Turbine Supply Order in Russia

Danish wind turbine manufacturer Vestas has secured a 226MW wind turbine supply order in Russia.

Oil Pipeline

Bulgaria Expects to Finish Russian Gas Pipeline on Time

Bulgaria says it aims to build on time its stretch of a pipeline that will bring Russian gas to Europe, despite unforeseen delays due to the COVID pandemic.

Oil Price

Oil Moves Lower as U.S.-China Tensions Weigh

Oil futures steadied on Monday as rising U.S.-China tensions weighed on sentiment, but prices drew support from reports that OPEC and Russia were close to a dea…

Oil & Gas Trade

Putin, Trump Discuss G7 Summit, Oil Markets Over Phone

Russian President Vladimir Putin spoke by phone with U.S. President Donald Trump at the initiative of the United States.