Russia, being an oil and gas giant, has launched its first renewable energy tender, auctioning about 500MW in capacity, mostly to solar projects.
read more... 30/09/2013
Brent and U.S. crude oil futures edged up on Friday during a choppy trading, supported by geopolitical threats brought to supply, Chinese economic data and the possibility to reach a deal which would temporarily increase the U.S. debt ceiling. Brent crude increased 79 cents, or 0.71 percent, to settle at $111.89 a barrel, having traded from $110.47 to $110.96. Meanwhile, U.S. crude climbed 7 cents, or 0.07 percent, to settle at $95.56 a barrel, having traded from $94.91 to $95.67.
read more... 21/01/2013
Lukoil, the country's second-biggest oil producer by output, won at an auction for three Siberian oilfields.
read more... 26/12/2012
China is supposed to hold the world's largest reserves of shale gas, which are trapped in rocks and require a technology called hydraulic fracturing.
read more... 10/09/2012
Oil prices were steady on Tuesday as the German ZEW survey, which measures analyst and investor sentiment, showed a better-than-expected German economic data and a successful Italian bond auction eased concerns about European demand, while fears about supply disruption due to Middle East tensions continued to support the market.
read more... 14/02/2012