Latest news
Lukoil aims to sell some foreign assets due to Crimea sanctions
Lukoil is seeking to reduce its refinery complex in Italy and concentrate on internal production.
read more... 22/09/2017
Russia faces hardship installing Siemens turbines in Crimea
After thumbing their nose at the European sanctions and bringing gas turbines made by the German company Siemens to Crimea, Russia struggles to install them, since the company refuses to engage in anything that has to do with the equipment that was delivered to the sanction-bound region.
read more... 20/07/2017
Russian firm bought Siemens turbines for Crimea
The Russian government-owned company Technopromexport bought four electricity turbines for the power plants it is building from the aftermarket.
read more... 10/07/2017
Russia envisaged Siemens turbines for Crimean plants
Russia has revealed for the first time it has envisaged to install equipment produced by German company Siemens in two new power plants in Crimea, a project that has been affected by difficulties due to European trade sanctions.
read more... 19/06/2017
Russia announces that Ukraine electricity supplies to Crimea partially restored
The Russian Energy Ministry declared on Tuesday that power supplies from Ukraine to the Crimea peninsula had partly restarted.
read more... 09/12/2015