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.
Update: June 23 Niger, in West Africa, has just withdrawn the operating licence for France’s Oranco uranium mine in the country. France is heavily reliant on the mine to support its own nuclear energy programme. Niger is likely to redirect this facility to Russia, and if as expected it does so, will signal another trend […]
The Russian government is to expand the Arctic Sabetta seaport in the Yamalo-Nenets Autonomous Okrug (Yamalo-Nenets Autonomous Okrug) for the construction of a cargo terminal. The new terminal will be able to receive 1.6 million tonnes of various cargo per annum and contribute to the development of the Northern Sea Route. Sabetta seaport will include […]
The wind energy division of Russia’s energy giant Rosatom, NovaWind, has begun construction of a 200 megawatt (MW) solar power plant in Mali, according to Bintu Kamara, Mali’s Energy and Water Resources Minister. The US$217 million project will increase electricity production in Mali by 10%. The facility, which will extend over 314 hectares of land […]
Russia and Uzbekistan have agreed to triple their bilateral trade volumes with a goal of reaching US$30 billion by 2030. In addition, Russia’s Atomstroyexport JSC has signed a contract with the Uzbekistan Directorate for Nuclear Power Plant Construction to build a low-capacity nuclear power plant in Uzbekistan’s Jizzakh region. The decisions follow meetings in Tashkent […]
Aleksey Likhachev, the Director-General of Russia’s Rosatom State Atomic Energy Corporation, and Ajit Kumar Mohanty, the Chairman of the Atomic Energy Commission of India, have discussed expanding cooperation in nuclear energy in India, according to Rosatom. Likhachev and Mohanty, held talks during a Russian nuclear site visit in Seversk, Tomsk Region on Thursday (May 23). […]
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South Africa’s PetroSA and Russia’s Gazprombank are currently investigating the feasibility of restarting operations at South Africa’s gas-to-liquid (GTL) fuel plant in Mossel Bay in South Africa’s Western Cape. PetroSA spokeswoman Nonny Mashika-Dennison has said that all factors affecting the viability of restarting operations at the refinery were being considered as part of a comprehensive […]
Imports of metallurgical coal from Russia have grown three-fold in the last three years to around 15.1 million tonnes in 2023-24 mainly due to lower prices – while the same imports from Australia have declined, according to Indian research firm Big Mint. Russia’s share in India’s metallurgical coal imports of 73.2 million tonnes has risen […]
Brazilian imports of diesel oil from Russia last year soared 4,600% while purchases of fuel oil rose by almost 400%, in a US$8.6 billion boost to the Russian economy. Brasília imported 6.1 million tonnes of diesel from Russia in 2023, a 6,000% increase from the 101,000 tonnes the previous year. The value in dollar terms […]
The Western media has been somewhat gleefully announcing that Gazprom, Russia’s largest gas producer, have announced losses for the first time in 20 years. They are estimated to be in the red to the tune of US$6.9 billion for 2023 results. The company, which is headquartered in St.Petersburg, had built its business model largely on […]
The Financial Times has reported that Russia has started supplying oil directly to North Korea in defiance of UN sanctions, further cementing ties between the two countries and dealing a new blow to international efforts to contain Pyongyang. At least five North Korean large oil tankers have travelled this month to collect oil products from […]
Russian energy giant Gazprom has begun work aimed at linking the country’s gas pipelines into a nationwide gas transportation system, the company has announced on its official Telegram channel. According to the announcement, the company launched construction of the 800km Belogorsk-Khabarovsk section of a new pipeline in Russia’s Far East, which will eventually connect the […]
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