Russian energy firm Inter RAO might sell its electricity distribution unit in Armenia, a company whose claim for a power price increase caused mass protests in the former Soviet country.
read more... 18/09/2015
Russia's top natural gas producer Gazprom said it envisages selling up to 10 percent of its gas to Europe via tenders, becoming more flexible regarding its traditional pricing mechanisms.
read more... 15/09/2015
Chinese banks are likely to give a loan of $12 billion to the Yamal LNG project run by Novatek, as stated by Interfax news agency on Friday quoting Leonid Mikhelson, chief executive of Novatek, Russia's major non-state gas producer.
read more... 14/09/2015
Russia's main natural gas producer Gazprom declared on Thursday it had vended more than 1 billion cubic metres (bcm) of gas of 3.2 bcm on offer in its first spot tender, designed as a test of its ability to adjust to new challenges in the gas market.
read more... 11/09/2015
Russia, the biggest oil producer in the world, is expected to ramp up its oil production by 1 percent this year, declared Energy Minister Alexander Novak on Wednesday.
read more... 09/09/2015