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A joint exploration in Siberia agreed between Russia's Rosneft and China's CEFC

Russian oil major Rosneft declared on Sunday it inked a cooperation deal with CEFC China Energy Company for joint exploration in Siberia.

read more... 05/09/2017

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Russia: Q2 net income of Gazprom falls by 80% year-on-year, forecast missed

Russia’s Gazprom declared recently that the net income for the second quarter fell lower than expected compared to the same period of 2016, or by over 80% to 48 billion roubles ($817.3 million), because of losses related to foreign exchange rates. The forecasted amount earnings for second quarter was 50.2 billion roubles.

read more... 30/08/2017

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Rosneft extends to the Asian market, buys India’s Essar Oil

Russian oil company has made a $12.9 billion worth purchase of the Indian refinery Essar Oil, which will enable them to establish and expand their services in one of the world’s fastest growing oil consumers.

read more... 23/08/2017

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Russia is ready to provide gas to Greece and Bulgaria

The Russian energy minister Alexander Novak said that Russia is ready to provide gas from the TurkStream pipeline to both Greece and Bulgaria if needed.

read more... 21/08/2017

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Rosatom requested to build Chinese nuclear power plant

Russian State Atomic Energy Corporation Rosatom has been invited to take part in the planning of a nuclear power plant in the Jiangsu province.

read more... 18/08/2017

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