Tag Archives: Russia

France and Russia’s EDF Group and Rosatom recently announced the signing of an agreement for nuclear hydrogen production. The purpose is to promote clean H2 projects taking place in both Russia and in Europe. According to Rosatom, developing H2 technologies will play an integral role in the Paris Agreement’s implementation. …

Russia’s Ministry of Finance said on Wednesday that the average price for domestic Urals oil benchmark stood at $62.50 per barrel in April, which is a 340% increase in annual terms. According to the ministry, in the first four months of the year the average price for the Russian export …

Gazprom’s gas exports to non-CIS (Commonwealth of Independent States) countries grew by 28.3% in the first four months of 2021 year-on-year, to 68.4 billion cubic meters, the company said. “To compare, the increase exceeds the volume of gas that we supplied to a large consumer such as Austria for the …

The Russian oil is being supplied to Belarusian refineries as normal, Belarusian Prime Minister Roman Golovchenko said in an interview aired by the Belarus-1 TV channel on Sunday, adding that the US’ sanctions do not affect the supplies. “In accordance with the decision that has been taken, the sanctions cover …

The European Parliament suggests halting oil and gas purchases from Russia and disconnecting it from SWIFT in case of “invasion in Ukraine.” Such statements are contained in the final draft resolution on Russia posted by the European Parliament on Thursday. The European Parliament “underscores if such a military build-up were …

A group of EU lawmakers have drafted a resolution that would impose new sanctions on Russia and scupper a Moscow-backed Baltic Sea pipeline, ignoring recent calls from the bloc’s top politicians for more constructive relations. The motion, put forward by representatives of some of the assembly’s largest political groupings, says …

As far as Germany is concerned, the Nord Stream 2 gas pipeline under construction makes sense in terms of energy security and it is unrealistic to view it as a lever of influence on Russia, German Foreign Minister Heiko Maas says in an interview posted Monday on the German news …

Russia’s project to export liquefied natural gas (LNG) from the resource-rich Arctic region, Arctic LNG 2, is 39% complete and will be launched as planned, gas producer Novatek has announced. The CEO of Russia’s biggest independent energy company, Leonid Mikhelson, revealed on Friday how construction of the project had progressed. …

OPEC+ is heading for a largely technical meeting next week where major changes to policy are unlikely, Russian Deputy Prime Minister and OPEC+ sources said. Alexander Novak said on Wednesday the group may confirm or tweak output plans following its decision to ease production curbs. “We met a month ago, …

The Chinese economy largely needs an increase in natural gas supplies from Russia, Chairman of the Board of Directors of Gazprom Viktor Zubkov told TASS on Wednesday, adding that the Russian gas producer is ready to satisfy that ever-growing demand. “Consumption on the Chinese gas market increases every two years …