VTB Bank and RAO Unified Energy Systems of Far East signed a cooperation agreement, the credit organization’s press service reports. The agreement presupposes the possibility of VTB Bank carrying out complex bank service for the energy holding and its companies, as well as funding projects in the sphere of international energy cooperation. On the part […]

Mayor of Moscow Sergei Sobyanin said on Friday during the working meeting of the Moscow administration that the control over the activities of the house managing companies and Condominium Partnerships will be imposed on the Moscow Housing Inspection. “I am ordering to prepare a relevant draft resolution of Moscow administration on delegating the control over […]

Russian Prime Minister Vladimir Putin held a meeting dedicated to the tasks of the oil and oil refining industries development yesterday in the town of Kirishi. The expected volume of oil production in Russia is 508-509 million tons. Putin reminded that last year Russia took the first place in oil production in the world – […]

Russian oil companies will invest at least 569 billion rubles till 2015 to increase oil conversion ratio, the head of Energy Ministry Sergei Shmatko said on Friday. “The modernization program is quite considerable. The total cost of the program is 569 billion rubles on a conservative estimate,” – he said at the meeting dedicated to […]

Utility providers violate the legislation on energy saving and energy efficiency far and wide. Such conclusions were made by the officers of the public prosecution office of Ugra (Khanty-Mansiysk Autonomous Okrug of Russia) after carrying out the inspection on how the utilities providers observe the regulations of providing communal utilities. The organizations of the communal […]

Naftogaz Deputy CEO Vadim Chuprun said that the leading oil-and-gas company is ready to spend 543 million American dollars on carrying out modernization of first stage pipeline Urengoy-Pamary-Uzhgorod. According to Chuprun, 308 million out of the total budget will come from outside funds, and the rest will be allocated from the company’s own funds. As […]

Be the end of 2014 the citizens of Yekaterinburg will be permitted to throw out energy saving lamps in the local trash containers. As the chairman of the Committee on Ecology and Environmental Management at the city administration Sergei Arkhipov told UralInform.Ru, special yellow containers will be placed next to trash bins. Even if one […]

The Ministry of Economic Affairs of Russia suggested two variants of raising the electricity rates. Industry analysts recommend investors to adopt a wait-and-see attitude until it becomes clear which scenario the government will choose. The Economy Department suggests bringing down the growth of electricity tariffs for industrial consumers in 2012-2014. As the deputy head of […]

Gazprom still thinks that the question about correcting gas prices for Ukraine can be considered seriously only on condition of Gazprom and Naftogaz of Ukraine merger, the Gazprom press center reports. The head of the Managing Committee of Gazprom Alexey Miller had a working meeting with the Minister of Energy of Ukraine Yuriy Boiko on […]

Ukraine will have to switch to renewable sources of energy as well as largely introduce energy-saving technologies in all spheres of manufacturing and in private sector. This was declared by the People’s deputy, the chairman of the parliamentary party “Reforms For Future” Igor Rybkov in his interview to journalists. In his opinion, the developed countries […]