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In 2018, Gazprom plans to invest $3.2 billion in TurkStream

Russian major gas firm Gazprom plans to fund an amount of 182.4 billion roubles ($3.2 billion) this year in TurkStream natural gas pipeline project.

read more... 16/01/2018

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Daily (16.01.2018): Brent crude settled close to a 3-year peak above $70 a barrel on tightening supplies

Oil prices jumped to near a three-year peak above $70 a barrel on Monday on signs that output reductions by OPEC and Russia are tightening supplies, although analysts warned of a "red flag" due to surging U.S. production.

read more... 16/01/2018

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EU more reliant on Russian gas despite diversification efforts

Russian major energy company Gazprom, supplied Europe with record amount of gas, despite cold diplomatic relations between Russia and the European Union.

read more... 15/01/2018

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Russia reached record nuclear power production in 2017

Russia hit an electricity generation record in 2017. According to the state atomic energy corporation Rosatom, the nation produced 6.5 billion kilowatt-hours (kWh) more power from nuclear power plants(NPP).

read more... 12/01/2018

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Russia approves construction of world’s first floating nuclear plant

Russian Building Standards Watchdog, Glavgosexpertiza, authorized the construction of the first global floating nuclear power plant (FNPP) project.

read more... 11/01/2018

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