In September the oil production capacity rose to make up 10.3 barrels a day – more than a fifth of the total volume of the produced oil falls to the share of the state concern Rosneft. It must be mentioned that in Saudi Arabia which takes the second place after Russia in ‘black gold’ production […]

The Federal Agency on Technical Regulating and Metrology (Rosstandart) revealed glaring violations at the oil products market: in the course of inspections it was discovered that 47 percent of fuel at the filling stations do not comply with the technical regulations. This was declared by the head of the institution Grigoriy Elkin.

The subsidiary of TNK_BP Buguruslanneft has won an auction bidding to buy a Novo-Zhedrinskiy hydrocarbon area in the Orenburg Region. This information was published by the Federal Agency on Subsoil Use. The right to use the subsoil resources of the area cost the company 138.45 million rubles, with the reserved price being 106.5 million rubles. […]

A celebration has been organized to honor the retired employees of the Mayskaya state district power plant. The power engineers of Khabarovskaya Generation — the branch of OAO Far Eastern Generating Company – congratulated the senior citizens with the International Day for the Elderly. The management and the trade union of the enterprise have honored […]

Integra Group has closed the deal on acquisition of SIAM Company. According to the press-service of the company the value of the transaction is 2.2 billion rubles (71 million dollars), it was financed by means of Integra Group capital base as well as by means of available borrowed funds.

Electrical Energy Production in Russian Federation Rises by 1.3% for 9 Months The production of electrical energy in the Russian Federation in January-September 2011 has risen by 1.25% from the same period last year, to comprise 760.7 billion kWh, according to the materials of the Central dispatcher control of the fuel and energy complex. The […]

Gazprom is to put the gas pipeline Nord Stream into operation on November 8. This was declared by Gazprom CEO Alexey Miller at the meeting with the Chairman of the Government of the Russian Federation Vladimir Putin. “The construction of the first line has been completed, now the commissioning and start-up are being carried out […]

The new regional energy-saving program which has started in Primorye presupposes that the boiler houses in the region will start running on coal instead of oil fuel According to the administration of the Primorskiy Territory, at present they are executing a long-term target-oriented program “Energy-saving and energy efficiency raising in the Primorskiy Territory” which involves […]

The inrush in the gas pipeline occurred in the Kaluga region in the vicinity of the town of Maloyaroslavets, the head of the press-service of the central regional office of the Emergency Ministry Darya Korovina reported. The emergency situation took place at 16.10 Moscow time on Thursday last week at the gas pipeline branch leading […]

The cost of the Dzhubginskaya combined heat power plant construction which is to be executed by the Group of Companies Quartz in Sochi will comprise up to 8.43 billion rubles, this follows from the documentation of JSC WGC-3 (full name — Third Generation Company of the Wholesale Electricity Market), the to which the CHP-plant belongs. […]