Igor Yushkov: "Accidents at Armenia's Metsamor NPP will affect Rosatom"
A leading analyst of the National Energy Security Fund on possible shutdown of Armenian nuclear power plant
Igor Yushkov
page 4
Chubais threatens Russia with energy crisis
Russia may face new power crisis in 6–7 years, unless new capacities will be introduced in the country, the head of Rosnano Anatoly Chubais said, speaking with Rossiyskaya Gazeta.
Turkey to break ground on Akkuyu NPP by latest early 2018
Turkey’s atomic energy authority is working on the Akkuyu nuclear power plant and efforts to hold the groundbreaking by latest early 2018 are underway, Turkish Energy Minister Berat Albayrak said at the Turkish Energy …
Will Kurdish oil be blocked?
Turkey, Iran and Iraq will jointly decide on closing the flow of oil from northern Iraq, Turkish President Recep Tayyip Erdoğan said, as the three neighbors mull retaliatory moves after the Kurdistan Regional Government (KRG) …
Russia's Gazprom ranks first in global power rating
Russia's Gazprom snagged the number 1 spot in the 2017 S&P Global Platts Top 250 Global Energy Company Rankings, ending U.S. oil and gas giant ExxonMobil's 12-year reign at the top of the list Germany's E.ON …
Russia retains global oil leadership
Russia’s oil production amounted to 10.183 mln barrels per day in June 2017, outpacing Saudi Arabia’s oil production by 2.3% (9.95 mln barrels per day), according to the documents released by the state statistics service Rosstat. …
Oil prices come back to May level
Oil futures rose today after official figures showing U.S. crude inventories fell more than expected. The prices of October futures for Brent oil have risen by $0.43 (0.8%) to $53.12 per barrel on the ICE Exchange in London, which is …
Excellent result of OPEC+
OPEC Secretary General Mohammad Barkindo evaluates the results of the deal of OPEC and non-cartel oil producers to cut oil output as excellent. "Both OPEC and non-cartel countries, in spite of all difficulties, in …
Gazprom starts Turkish Stream pipeline's European part construction
Russia's Gazprom has launched the construction of the second string of the Turkish Stream gas pipeline in the Black Sea, local media reported, citing official sources. The Vedomosti newspaper reported, citing an official and a …
OPEC+ prepare continuity strategy
Participants in the OPEC+ oil production limiting agreement are working on the continuity strategy instead of preparing the strategy for exit from the deal expiring in March 2018, OPEC Secretary General Mohammed Barkindo said on the sidelines of …
US oil companies concerned about bill to roughen Russia sanctions
Exxon Mobil Corp. and Chevron Corp have expressed concerns over a bill to toughen sanctions on Russia, arguing that it could shut down oil and gas projects around the world that involve Russian partners, The Wall Street Journal …
Gazprom withdrawal from Turkish market not to hurt Turkish Stream project
Gazprom may withdraw from the Turkish internal market. The company will adapt the specific operating model on the Turkish gas market for a long-term to changing situation on the energy market of the country, official spokesperson of the Russian …
Gazprom to build Turkish Stream at its own expense
Investment in the Turkish Stream gas pipeline project are estimated at $6 bln, the project can be implemented only at the expense of Gazprom, Deputy Chairman of Gazprom Management Committee Andrey Kruglov said at a press …
Oil in anticipation of new war in Persian Gulf
The current diplomatic rift between Qatar and other Persian Gulf countries will have an insignificant effect on world markets, but the potentially possible prospect of its escalation into a military clash between Arab states can lead to an …
Russia proposes to form super-OPEC
Russia proposed to work out new principles jointly with OPEC and non-OPEC nations to continue cooperation even after the current oil output cut deal expires, Russian Energy Minister Alexander Novak said. "It is …
Russia and Saudi Arabia to extend OPEC oil output deal
Russia and Saudi Arabia are ready to extend the agreement on reducing oil production for another 9 months, until the end of March 2018. Russian Energy Minister Alexander Novak and Minister of Energy, Industry and …
Turkey returns to Russian gas
Turkey continues to increase the volume of Russian gas purchases. The trend, which has been observed since the last autumn, continues to gain momentum. According to the latest data, in January-February 2017, Turkey increased Russian's gas …
US oil depreciates OPEC agreement
The cost of Brent crude oil decline bellow $51 per barrel for the first time since November 30, 2016. As of 5:44 (MSK) the prices of May futures for Brent oil fell by 0.70% to $50.94 per dollar on the ICE Exchange in …
Global oil demand to increase
OPEC revised global oil demand growth for 2017 higher by around 35 tb/d to 95.81 mb/d, the OPEC monthly oil market report said. This was a result of colder weather conditions and healthy vehicle sales in OECD Europe, in addition to …
Russia lost $26 billion on oil and gas exports
Russia is making less money on oil and gas exports, according to the data published today by the Federal Customs Service. In 2016, the revenues from oil and gas exports declined by 17.7% (compared to 2015) and amounted to $73.676 billion. …
