Russia will grant Vietnam a credit of 8 billion American dollars for the construction of the first nuclear power plant in the country, the first vice prime-minister of the Russian Federation Igor Shuvalov says. Shuvalov pointed out that the most modern equipment is to be delivered for the construction of of the nuclear power plant […]

Following the negotiations that took place in Finland and in Moscow as well as the Finnish experts’ visit to the Russian enterprises, the Bioenco Energy Corporation signed an agreement with the Finnish-based concern VAPO OY. The agreement on strategic cooperation presupposes the participation of VAPO OY in various projects of Bioenco, the import of modern […]

The launch of the new phase of Zheleznogorskaya thermal power plant situated in the Krasnoyarsk territory in the start and adjustment mode is to take place on November 25 2011. This information is contained in the release published by the press-service of the regional government. According to the press-release, the decision on commissioning the first […]

The coal production in Russia in the period from January to October 2011 compared to the same period of 2010 rose by 3.2% — to 270 million tons. This is stated in the published materials of the Federal State Statistics Service. Among others things they mention that the coal production in October rose by 10.5%. […]

The branch of OAO IDGC of Siberia – Kranskoyarskenergo – is planning to invest 1.5 billion rubles into the computerized systems of electricity metering before 2020, the Interregional Distribution Grid Company reports. “The implementation of the computerized information and measuring system of a commercial electricity metering is one of the strategic aims of the IDGC […]

OOO LUKOIL Completed the construction of a delayed coking unit with the capacity of 1 million tons of a raw product at the Volgograd oil refinery, the press-release of the company says. The planned capacity of the unit in terms of the refined raw material volume is 1 million tons a year. The launch of […]

According to the deputy sales director of OAO Surgutneftegas Nikolay Kiselev, Russia has no background for development of a fuel crisis. The representative of the energy company said this at the meeting with the plenipotentiary envoy to the President of the Russian Federation which was held today and was dedicated to the issues of oil […]

The second line of the Nord Stream gas carried can be commissioned earlier than the scheduled data. This was declared by the prime-minister of Russia Vladimir Putin on November 16 in the course of the meeting with German businessmen. “We have already done half of the route for the second line. Most likely, the project […]

Gazpromneft Lubricants Italia S.p.A. acquired ZAO Select which in its turn owns the grease manufacturing plant in the town of Fryazino (Moscow region). The acquired asset was renamed into Gazprom Neft Moscow Grease Manufacturing Plant. The annual capacity of the plant comprises over 40 thousand tons of packaged products – engine oils, transmission gear oils, […]

The proceeds of Mosenergosbyt for the nine months of 2011 as per Russian Accounting Standards rose by 11.2 % — to 158.5 billion rubles against 142.5 billion rubles in the previous year, as it is stated in the company’s published materials. The net cost has increased by 9% and reached 53.5 billion rubles. The gross […]