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Market Analysis
Russian Energy Minister: Global Oil Demand is Expected to Fully Recover in the Second Quarter of 2021
Russian Energy Minister Alexander Novak participated in the OPEC+ JMMC online meeting and said that global oil demand is expected to fully recover by the second…
Oil Pipeline
Future of German-Russian Nord Stream 2 Pipeline Remains Uncertain
Calls are mounting in Germany to stop the Nord Stream 2 pipeline, which will take gas from Russia to Germany.
LNG
SCF Takes Delivery of Shell-Chartered LNG Newbuild
Russian shipping major Sovcomflot has taken delivery of a newly built LNG carrier from the South Korean Hyundai Samho Heavy Industries shipyard.
Nuclear Power Plant
Atommash Assembles Reactor Vessel for Russia’s Kursk II
Russia’s Atommash has embarked on a key stage in the manufacture of a reactor vessel for the first power unit of Kursk II.
Nuclear Policy
Rosatom Sees Wider Financing Options for New Build
The opportunities to attract private financing to new-build projects are growing, and the Russian state nuclear corporation hopes to draw on its recent experien…
Oil Price
Russia’s Central Bank Warns That Oil Could Slide To $25
Russia’s central bank has warned that crude oil prices could slump to $25 in its risk scenario for monetary policy over the next three years, TASS reports.
Oil & Gas Trade
Russia's Gazprom Boosts Natural Gas Supplies to China
Russia's supply of natural gas to China via the Power of Siberia rose to 12 million cubic meters per day in July and August.
Oil & Gas Trade
To Ensure Russia Has not Lost Market Share, Moscow to Build up Half-Finished Oil Wells
Russia believes it is extremely important to quickly regain, or even raise, its oil market share once demand recovers, as it readies to build up its fleet of un…
Hydropower Plant
Power Machines Continues Upgrades of Volzhskaya Hydro Plant Units
Power Machines has announced it has completed modernisation of the hydraulic unit No 19 at RusHydro’s Volzhskaya hydropower plant in Russia.
Nuclear Power Plant
Kursk II Completes Steam Generator Hydraulic Tests
Atommash has completed hydraulic tests on the first steam generator for the Kursk II nuclear power plant under construction in Western Russia.
Oil Price
Russia’s Novak Says 2020 Oil Demand Could Fall by Up to 10 Million bpd
Global oil demand could fall by 9-10 million barrels per day this year due to impact of the COVID-19 pandemic, Russian Energy Minister Alexander Novak said on F…
Oil & Gas Trade
Russia's Gazprom Starts LPG Supplies to Crimea Via New Bridge
Russian state gas producer Gazprom has started direct rail shipments of liquefied petroleum gas (LPG) via a new bridge to the Crimea peninsula which Moscow anne…
Energy Technology
Rosatom Extends Digital Technology Progress
The Russian government, Rosatom and Rostec have signed a statement of intent for the development of end-to-end digital technology.
Nuclear Power Plant
First Nuclear Reaction Recorded at the Innovative Power Unit 6 of Leningrad NPP
The final physical start-up stage of the innovative power unit 6 with a VVER-1200 reactor was launched at Leningrad NPP.
Nuclear waste
Waste Storage Facility to be Built in Russia’s Chelyabinsk Region
Russia’s national operator for waste management, NO RAO, has received a licence to build a final isolation point for radioactive waste in Ozersk.
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