Russia’s energy sector is diverse and includes significant outputs of global oil, gas, coal, nuclear and other energy resources. Russian energy sector has focused on stabilizing production and redirecting exports to Asian markets while navigating tightened Western sanctions, while increasing exports of NPP technologies. Explore investment and partnership opportunities in Russia’s vast energy sector. Get the latest analysis on oil, gas, and renewable projects. Key intelligence for global energy businesses and investors.
Russia’s Rosatom has stated that the proposed ‘Large Nuclear Power Project’ in Uzbekistan needs to be reconfigured to attain the maximum operational benefits. This includes the construction of two VVER-1000 power units with a possible increase to four, according to the company. Rosatom and Uzbekistan agreed during the St. Petersburg International Economic Forum to look […]
Russian Deputy Prime Minister Alexander Novak has discussed Russian-Kazakh cooperation in the electricity and oil and gas sectors with Kazakh First Deputy Prime Minister Roman Sklyar, while Rosatom has signed a framework agreement for an NPP in Kazakhstan. We summarize these developments as follows: Oil & Gas Transit Novak and Skylar discussed the terms for Russian oil […]
Russia’s Rosatom state nuclear energy corporation is discussing the possibility of constructing nuclear power plants with Indonesia, proposing to build a floating nuclear power plant at the first stage and a high-power nuclear power plant at the second stage, according to Rosatom Deputy CEO Andrei Nikipelov. According to Nikipelov, taking into account Indonesia’s geographical location as an island archipelago, […]
Russia’s Gazprom has signed new agreements with its Chinese partners to construct and operate the cross-border section of the Far Eastern gas export route to China. The “Agreement on Design, Construction, and Commissioning of Section 2 Commissioning” and the “Operational Agreement” were signed with China National Petroleum Corporation (CNPC) and PipeChina. These govern the cooperation between […]
Russia’s Energy Minister, Sergei Tsivilev, has said that Russia is ready to supply liquefied natural gas (LNG) to Mexico, as well as share its production technologies with the country. He stated that “We have great technologies in the area of liquefied natural gas. We are ready to share these technologies. We are also ready to […]
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The Russian Prime Minister Mikhail Mishustin met with South African Vice President Paul Mashatile in Moscow on Wednesday (June 18) with a push to double trade turnover between the two BRICS nations. The two officials discussed deepening bilateral cooperation across a range of sectors, including energy and agriculture. Mashatile said, “Our markets are open to […]
Russia and Burkina Faso have formalized a deal to expand peaceful nuclear energy cooperation, including joint projects in radiation technologies and the training of specialists from Burkina Faso. The agreement was signed on Thursday (June 19) by Alexey Likhachev, CEO of Russia’s state nuclear corporation Rosatom, and Burkina Faso’s Energy Minister Yacouba Zabré Gouba in St. Petersburg. […]
Russia is ready to enlarge exports to Indonesia and is interested in joint investment projects, including those in the fuel and energy sector, Russian Foreign Minister Sergei Lavrov has said, following meetings with Indonesian Foreign Minister Sugiono. Lavrov stated that “We have underlined our readiness to enlarge exports of Russian products to the Indonesian market, […]
Russian energy companies could help modernize and restore the Cuban energy system, the Russian Energy Ministry said following a meeting between Energy Minister Sergei Tsivilev and Cuban Foreign Trade and Investment Minister Oscar Perez-Oliva Fraga. The parties discussed the involvement of Russian companies in the construction of a new 200 MW power unit and overhauling […]
Gazprom CEO Alexei Miller has discussed Russian gas supplies to Slovakia with SPP CEO Vojtech Ferenc. SPP is Slovakia’s largest natural gas supplier, engaged in gas and electricity trading, transportation, and storage. Slovakia owns 100% of the company’s shares. As we reported earlier, the European Commission has proposed ending Russian gas supplies to member countries […]
The BRICS energy alliance has launched a coordinated system of Petro-Yuan (Chinese RMB Yuan currency) oil contracts that directly challenges US dollar dominance in global energy markets. The BRICS controls 46 million barrels per day of oil production and is implementing BRICS plus currency shift mechanisms through Yuan-denominated contracts, Indian Rupee – Russian Ruble swaps, […]
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