Latest news
South Stream deal between Russia and Austria
Vladimir Putin, the Russian Prime Minister, will sign a pipeline transaction with the Austrian Chancellor Werner Faymann, after a bilateral dialogue about the construction of South Stream gas pipeline, according to Austrian government.
read more... 21/04/2010
RusHydro still restores Sayano-Shushenskaya plant
Before the fatal accident in August 2009 where 75 people were killed, the 6,400-MW-hydroelectric plant, Sayano-Shushenskaya, situated in southern Siberia, was the largest hydropower plant in Russia and the sixth largest in the world.
read more... 14/04/2010
The North Stream Project
Dmitry Medvedev, the Russian President, gave the start to the construction of an important gas pipeline that will bypass Ukraine, after the conflict caused by supply disruptions in the past. This project will give the chance to win an important gas market share in Europe.
read more... 14/04/2010
Russian Oil Production established a record in March
Official data show that Russian oil production increased to a record high, from 10.08 billion barrels per day in February to 10.12 billion barrels per day in March. This was conditioned by factors, such as: rising demand and prices on the global market, the recovering global economy, etc.
read more... 02/04/2010
Rosneft aims for its first big overseas acquisition
Russian oil giant Rosneft aims for acquiring assets in four German refineries from Venezuela.
read more... 02/04/2010