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Fortum JV bolsters Russian regional ties

Finnish energy company Fortum and local partner Rusnano have signed a cooperation agreement with the government of Kalmykia to build up to 450MW of wind power in the Russian region.

read more... 12/10/2018

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Novatek Announces Major Offshore Gas Find in Russian Arctic

Russian gas and LNG firm Novatek announced Wednesday that it has found a major new gas field in the Gulf of Ob, just off the Yamal Peninsula in the Russian Arctic.

read more... 11/10/2018

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Poland Buys Nigerian Oil In Latest Attempt To Cut Russia Oil Dependence

Poland’s largest oil refiner, state-run PKN Orlen, has bought its first ever Nigerian crude oil cargo expected to arrive in mid-October, the Polish company’s chief executive told Reutersamid Poland’s ongoing efforts to cut its reliance on Russian oil.

read more... 09/10/2018

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Russia signs pact for six nuclear reactors in India

India and Russia signed an agreement on the sidelines of the 19th India-Russia Annual Bilateral Summit in New Delhi to build six more nuclear reactors at a new site in India, Rosatom said.

read more... 09/10/2018

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Daily (08.10.2018): European carbon prices jumped on Friday in a strong auction, posting over a 5% gain for the week

Oil crude prices were almost steady, in a balanced market, as Saudi Arabia and Russia declared about its intention to raise production to partly offset the disruption in Iran exports, as soon as U.S. sanctions will be applied on the 4th of November WTI crude remained stable and traded at $74.34 a barrel, whereas Brent price slipped by 0.5% to close at $84.16 a barrel.

read more... 08/10/2018

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