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.
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 […]
The Russian Deputy Prime Minister, Alexander Novak, has met with Aidarus al-Zoubaidi, the Chairman of the Presidential Council of Yemen, and the head of the Southern Transitional Council, in Moscow. The two sides discussed a broad range of issues concerning trade and economic cooperation. Novak stated that “Russia and the Republic of Yemen are connected […]
Sinopec’s Soihl Hong Kong Holdings have purchased 217,847,910 (8.5% of the total equity) shares in SIBUR from Soihl Cyprus Investment Limited, also a subsidiary of Sinopec, the Chinese state-owned Petrochem giant, moving the SIBUR equity holding away from the EU to Hong Kong. The transfer was made following a decree issued by Russian President Vladimir […]
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The Russian Deputy Prime Minister Alexander Novak and Saudi Arabian Energy Minister Abdulaziz bin Salman, as co-chairs of the Russia-Saudi Arabia Intergovernmental Commission, have discussed current issues of interaction in key sectors of the economy. The Russian government’s press service said that “special attention was paid to cooperation in the energy sector. Deputy PM Novak […]
The Namibian President, Ndemupelila Netumbo Nandi-Ndaitwah, has been speaking about her country’s path to independence (from colonial Germany and then South Africa) and said that Russia and Namibia have a history “based in true partnership.” It’s a history that’s based in solidarity, and it’s a history that comes with what one did not even expect. […]
The Russian President, Vladimir Putin, has been holding meetings with Emomali Rahmon, the President of Tajikistan, in Dushanbe. This is what they had to say: Putin: “I would like to once again express my gratitude to President Rahmon for inviting me to make a state visit to Tajikistan, for the warm welcome extended to the […]
Iraq’s Deputy Prime Minister for Energy, Hayyan Abdul Ghani al-Sawad has discussed the progress of the project at Block 10, where the Eridu oil field is located, with delegations from Russia’s Lukoil and Japan’s Inpex. The Lukoil delegation was represented by the company’s vice president for the Middle East, Ivan Romanovsky, the general manager of […]
Russia, which signed a number of documents in early September to increase gas exports to China through pipelines, also plans to ramp up exports of liquefied natural gas (LNG) to the country, particularly from the Arctic LNG 2 and Sakhalin-2 projects, according to Russia’s Energy Minister, Sergei Tsivilev. He stated that “We have very substantial […]
Taiwan has become the world’s biggest importer of Russian naphtha, a petroleum derivative used to make chemicals needed for the semiconductor industry, although it has joined other sanctions against Russia and considers itself an ally of Ukraine. The findings come from a report published by the Centre for Research on Energy and Clean Air, a […]
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