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News on Energy
Russia hopes for Ukraine gas deal this week

Russia's energy minister said on Tuesday he hoped to reach a deal in a gas dispute with Ukraine this week, but Kiev must pay some of its large debts before Moscow resumes gas supplies.

  • Date: 30.09.2014  |  Published on EGF: 30.09.2014  |  Energy  |  from http://www.reuters.com/
Secretive Russian oil giant has no fear of sanctions

While most Russian oil tycoons and Kremlin energy officials are calculating billions of losses that could result from Western sanctions, one of them is counting his blessings.

  • Date: 26.09.2014  |  Published on EGF: 26.09.2014  |  Energy  |  from http://www.reuters.com/
Rosneft may back out of Morgan Stanley oil unit deal: sources

Rosneft (ROSN.MM), Russia's biggest crude oil producer, may back out of a deal to buy Morgan Stanley (MS.N)'s oil trading unit because Western sanctions make it virtually impossible to finance day-to-day operations, three sources close to the state-controlled company said.

  • Date: 25.09.2014  |  Published on EGF: 25.09.2014  |  Energy  |  from http://www.reuters.com/
Polish miners block Russian coal imports at border

More than 200 Polish miners blocked trains carrying Russian coal at a border passage in northern Poland to protest against the cheaper Russian coal being brought in at a time when local mines are struggling, mining union leaders said on Wednesday.

  • Date: 24.09.2014  |  Published on EGF: 24.09.2014  |  Energy  |  from http://www.reuters.com/
South Africa says nuclear power deal with Russia in early stages

South Africa's nuclear cooperation deal signed this week with Russia is part of a tender process that will involve other competing countries and is not a contract to build power plants, government officials said on Tuesday.

  • Date: 23.09.2014  |  Published on EGF: 23.09.2014  |  Energy  |  from http://www.reuters.com/
Russia may use up to $7.8 bln from fund to help energy champions -Tass

Russia may prop up energy companies Rosneft and Novatek with up to $3.9 billion each from its National Wealth Fund, a reserve of oil proceeds set up to buoy the country's pension system.

  • Date: 19.09.2014  |  Published on EGF: 19.09.2014  |  Energy  |  from http://www.reuters.com/
Yamal, Russia's gas megaplan, becomes symbol of sanctions defiance

Dozens of Russian energy ventures are in jeopardy due to Western sanctions on technology and funding. Looming over them all, a giant project the Kremlin is bent on saving no matter what.

  • Date: 19.09.2014  |  Published on EGF: 19.09.2014  |  Energy  |  from http://www.reuters.com/
Finnish government conditionally approves nuclear plant, Greens quit

The Finnish government has decided to conditionally back an updated application from Finnish-Russian group Fennovoima to build a nuclear reactor in the north of the country, prompting the Greens to quit the administration.

  • Date: 18.09.2014  |  Published on EGF: 18.09.2014  |  Energy  |  from http://www.reuters.com/
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