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 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, […]
A general contract with Rosatom to build a nuclear power plant in Kazakhstan will be signed after the conclusion of intergovernmental agreements to regulate bilateral cooperation and financing issues, according to the Kazakh Nuclear Energy Agency (NNC) They have stated that “This contract will be signed after the conclusion of intergovernmental agreements between Kazakhstan and […]
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Russia is open for constructive cooperation and broader business contacts with Japan, according to Nikolay Nozdrev, the Russian Ambassador in Tokyo, who stated, “We are open to constructive and mutually respectful cooperation with Japan, our neighbour with whom we are linked not just by economic potential, but also by the people’s mutual interest in closer ties.” He said […]
Update: 11th June 2025The Russian President, Vladimir Putin has extended a ban on Russian oil companies selling their products at the price cap issued by the EU yesterday. It prohibits the sale of Russian oil and petroleum products to foreign legal entities and individuals if contracts stipulate the terms and conditions of the price cap set […]
The Russian Foreign Minister, Sergey Lavrov, has held phone discussions with Peter Szijjártó, Hungary’s Foreign Minister. Hungary is a member of the European Union, but it has been extremely critical of Brussels’ approach towards Russia and is seeking to maintain cordial and developing ties with Moscow. Russia is working out the contours of a future […]
Russia is eying opportunities to enter the Latin American gas market, with the main LNG customers expected to be Argentina, Bolivia, and Chile. Despite the vaguely anti-Russian rhetoric of Argentinian President Milei, interest from Argentina remains, and the country possesses LNG terminals capable of receiving Russian gas. Bolivia, meanwhile, is Russia’s closest partner and logistics […]
Gazprom has boosted gas supplies to China via the Power of Siberia pipeline to 100 billion cubic meters, according to Alexei Miller, Gazprom’s CEO. Miller said, “The first 100 billion cubic meters of Russian gas out of over one trillion envisaged under the industry’s largest gas contract ever have been supplied to China via the […]
Russia’s Rosatom state nuclear energy corporation will continue working this year to ensure that multiple power units are ready for commissioning in Bangladesh, Bolivia, and Turkiye, according to Atomenergoprom. The company is a 100% state-owned holding company that unifies the Russian civil nuclear industry and is part of the Rosatom state corporation. Interest on the […]
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