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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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Daily (05.01.2018): WTI crude rose 0.6% to the highest level in 3 years

Oil rose above $68 a barrel to its highest since December 2014 on Thursday after conflicts in Iran raised concerns about supply risks, with support also coming from OPEC-led production cuts and demand-boosting cold weather in the US. Brent crude ended 23 cents, or 0.3%, at $68.07 a barrel. Meanwhile, U.S. crude increased 4 cents to $61.67 and also touched its highest since May 2015.

read more... 05/01/2018

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Shell decided to sell shares of Hong Kong and Macau LPG

On December 31, 2017, Shell accomplished the sale of the first stage of its Hong Kong and Macau Liquefied Petroleum Gas (LPG) marketing business to DCC LPG, a major international sales, marketing and support services group.

read more... 04/01/2018

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