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.
By Charles van der Leeuw Russia’s return to serious trade and investment on the African continent only seriously took off almost three decades after the breakup of the Soviet Union. The legacy the USSR had left in Africa remained untouched by western powers for a long time, and when China, in 2014, announced its Belt […]
Gazprom has for the sixth time in two months set a new record for daily gas supplies to China via the Power of Siberia pipeline, the company has stated, saying that “on November 5, Gazprom recorded a new all-time high in daily gas deliveries to China via Power of Siberia. The delivered volume exceeded Gazprom’s […]
India’s crude oil imports from Russia rose in October, despite the US sanctions on Rosneft and Lukoil. India’s October imports of Russian oil reached 1.48 million barrels per day, according to data from oil tracking companies Kpler and OilX. Kpler estimated India’s Russian crude imports at about 1.48 million barrels per day (bpd) in October, […]
Russia’s Tatneft has registered a project to generate solar power in Uzbekistan on India’s Universal Carbon Registry platform, the company has stated, saying, “We have installed solar power plants with an overall capacity of 0.33 MW on the roofs of a tire manufacturing plant in Uzbekistan. Clean solar energy is now used for production needs, […]
Russia’s Lukoil, which was sanctioned by the United States last week, has responded by selling its overseas assets to the Gunvor Group, based in Switzerland. Gunvor is among the world’s largest oil traders, 85% owned by Swedish billionaire Torbjörn Törnqvist. The remaining equity is held by its employees. Lukoil is Russia’s second-largest oil producer, accounting […]
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Japan will continue importing Russian liquefied natural gas (LNG) despite pressure to halt purchases, Japanese Prime Minister Sanae Takaichi told US President Donald Trump on Tuesday. Trump was visiting Tokyo as part of a broader Asia tour and urged Japan to suspend Russian energy imports. The new Japanese prime minister, however, emphasized Japan’s own energy […]
Indian Oil Corporation (IOC), a state-owned oil and gas company, has stated it will continue to buy Russian crude as long as it does not violate US sanctions, the companies Finance Director, Anuj Jain, has stated. He added that the company maintains a database of sanctioned entities and will continue to source oil from non-sanctioned […]
Russia could increase exports of energy resources, industrial equipment, and agricultural products to Malaysia and consider building small- and large-capacity nuclear power plants in the country, according to Russian Deputy Prime Minister Alexei Overchuk. He has been meeting with Malaysian Deputy Prime Minister and Minister of Energy Transition and Water Transformation Fadillah Yusof at the […]
A new Russia-China cross-border checkpoint has opened, situated at Lesozavodsk, in Primorsky Krai. It is near to the Chinese city of Jixi in China’s Heilongjiang Province, where the Russia-China border runs down the length of the Ussuri River. Lesozavodsk is 10 kilometers from the Sino–Russian border and about 300 kilometers north of Vladivostok. The Lesozavodsk […]
The US administration has placed full sanctions on Russia’s Rosneft and Lukoil, and threatened secondary sanctions on companies that service them. These companies handle about 50% of all Russia oil production and exports. We look at the likely impact of these moves. Freezing of all Rosneft and Lukoil assets in the United States Neither have […]
The Russian Foreign Minister, Sergey Lavrov, has been holding meetings with the new Kazakh Foreign Minister, Ermek Kosherbaev, in Moscow. A key part of the discussions related to Russian commitments to Kazakhstan concerning construction of the first nuclear power plant in Kazakhstan, with Lavrov saying, “Russia is among the leading trade partners of Kazakhstan, the […]
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