Minenergo (the Energy Ministry of the Russian Federation) counts on resuming the Russian energy companies operation in Libya and in reviving the cooperation in the sphere of the energy industry between the two countries, the head of the International cooperation department of Minenergo Alexander Sukhov said at the press-conference. ‘Minenergo is hoping of resuming such […]

The Federal Arbitration Court of the Volgo-Vyatsky District confirmed that the fine of 17 million rubles imposed on the IDGC of North-West branch – Komienergo in the ‘Dunyasha case’ has no legal basis. The cassation appeal of the antimonopoly body towards the power distribution company has been dismissed. By November 2009 an individual entrepreneur Vera […]

TNK-BP introduced ‘zero tolerance’ principle in relation to any kind of violation of business ethics, the statement of the company’s press-service says. The members of the ethics committee of TNK-BP summed up the preliminary results of loyalty and fair practices program aimed at the prevention of ethical rules and norms violation by the employees of […]

The press-service of the Interregional Distribution Grid Company (IDGC) of Siberia branch — Altaienergo reports that the company has practically fulfilled its schedule of the rundown power transmission towers replacement. It is worth mentioning that the works have been executed ahead of schedule. According to the plan 1787 defective wooden transmission towers of power transmission […]

The branch of OAO IDGC of Siberia — Kuzbassenergo-Distribution Zone started the execution of the project GeoGrid. Such system which implies geographical layout of the information from the database on the electronic map by means of entering there GPS-position data of power grid facilities will increase the efficiency of decision-making while organizing and carrying out […]

The consumer prices for car gasoline has risen by 0.2% on average across Russia during the period from August 29 to September 5 2011. On September 5 the gasoline price made up 2613 rubles per one liter, according to the Federal Statistics Service of Russia In particular the price of A76 gasoline rose by 0.2% […]

The level of preparation of the constituent territories of the Russian Federation to the autumn-winter to the heating season as of September 1 makes up 88% to 95%, and by November 15 the preparation may have been completed, the vice prime-minister of the Russian Federation Dmitry Kozak says. “The measures that have been taken enabled […]

Improving the situation in the domestic energy industry and its modernization within he next 10 years will cost the Russian budget 11.1 trillion rubles according to the data of Minenergo (the RF Ministry of Energy). The sources of financing the program are first of all provision of credit at ‘preferential interest rates (under 8%) in […]

In her interview to the Metal Supply and Sales journal which is to be published in September Natalya Porohova the head of the department of fuel and energy complex research of the Institute for the natural monopolies problems expresses an interesting idea that renewable energy in Russia will never develop in normal pace. Just because […]

The Bank of Moscow which enters the top largest banks of the Russian Federation is to accommodate Nizhegorodskaya retail electricity company with loans of 1.540 billion rubles for a term of up to 18 month, the bans statement reports. The funds will be directed to financing the current activities of the company. Nizhegorodskaya retail electricity […]