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Crude Oil
Russian Oil Production Set For First Annual Drop Since 2008
Due to the OPEC+ production cut deal, Russia’s oil production could decline by 15 percent annually in 2020, Russian Energy Minister Alexander Novak told news a…
Combined cycle power plant
GE Completes Major Inspection at Russian Combined Cycle Plant
GE has announced that its major inspection of the Siemens’s 60 MW SGT-800 gas turbine installed at the Ufa TPP-2 combined cycle power plant—owned by Bashkir G…
Coal Mine
Russia's Mechel Sells Main Coal Mine Project to Reduce Debt
Russian steel and coal producer Mechel said on Wednesday it had sold its stake in Russia's Elga coal mine to a local businessman to reduce debt.
Oil Price
Russia & Saudi Arabia Ready to Make Deeper Joint OPEC+ Output Cuts to Boost Oil Prices
According to the Russian Energy Ministry, both countries are firmly committed to fulfilling the OPEC+ deal on cutting oil output.
Nuclear Power Plant
Russian Regulator Approves Infrastructure Work for Floating Nuclear Power Plant
Construction of the FNPP is of particular importance both for the entire Chukotka Autonomous District and directly for Pevek.
Nuclear Power Plant
Hot Tests Completed at Ostrovets Unit 1
Hot-tests have been completed at unit 1 of the first nuclear power plant to be constructed in Belarus, Rosatom announced yesterday. The Russian state nuclear co…
Coal Trade
Ukraine to Hit Russian Coal With 65% Tariff in Effort to Reduce Energy Dependence
The Ukrainian government will today introduce a new duty of 65% on coal imports from Russia.
Nuclear Power Plant
Rosatom Facility Awarded to Design the New Russian Megascience Installation that Would be Used for Anti-virus Research
The Central Design and Technological Institute, an enterprise of Rosatom’s TVEL Fuel Company, has signed the government awarded contract for design of the Cent…
LNG
New Arctic Projects will Proceed as Planned, Despite a Sharp Drop in LNG Exports
Amid a world economic crisis, the Russian gas company Novatek is shipping less liquefied natural gas than it was just a few months ago.
Oil&Gas Drilling
LUKOIL Moves to Next Stage of North Caspian Field Development
Russian oil major LUKOIL said on April 10 the company has moved on to the next stage of facilities construction for the Valery Grayfer field being the launch …
Nuclear Power Plant
Framatome Wins Reactor Protection System Contract for Russian NPP
French designer and supplier of nuclear steam supply systems and equipment Framatome has secured a contract to support Kursk Nuclear Power Plant II in Russia.
Nuclear Power Plant
COVID Impact on Construction Projects Not Yet Clear
Russia's Rosatom is looking into the possibility of returning part of the Russian personnel from overseas nuclear power plant construction sites.
Crude Oil
OPEC+ Debates Biggest-Ever Oil cut, Awaits U.S. Efforts
Russian Energy Minister Alexander Novak told Russian state media that he understands the United States has legal restrictions on output cuts, but it should sti…
Oil Price
Russian Oil Firms Ready To Agree To A Production Cut Deal
With oil prices below Russia’s budget breakeven and with over 20 percent of global oil demand wiped out by the coronavirus pandemic, Russian oil firms could be…
Crude Oil
Russia's Largest Oil Producer Halts Operations In Venezuela
Russia’s largest oil producer, Rosneft, has announced that it is halting operations in Venezuela and selling its assets there to a company fully owned by the R…
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