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breakingnews
12.02.2010, 18:45
Russia's richest man says he wants to see mining giants Rusal and Norilsk Nickel merge to create a "Russian BHP Billiton."
12.02.2010, 18:15
Finland’s final approval for the construction of the Nord Stream gas pipeline brings closer the prospect of uninterrupted gas supply for European consumers.
24.02.2010, 09:53
The Russian government has set new regulations to control the price of crucial medicines approving a list of 500 drugs. By April 1st manufacturers will have to register their maximum sale price.
30.04.2010, 18:33
11 comments
Russian Prime Minister, Vladimir Putin has proposed the uniting of Gazprom with Ukraine’s Naftogaz to underpin integration.
13.11.2009, 18:05
Russian gas producer, Novatek, has posted a 3Q 2009 Net Profit of 7.35 billion Roubles under IFRS.
27.01.2010, 10:06
1 comment
Gazprom maybe re-thinking its plans to develop the massive Stockman gas field in the arctic as falling demand and increased competition question the economic viability of the project.
14.01.2010, 10:56
2009 saw the Russian stock markets stage a remarkable comeback. From being a bottom five performer in 2008, it was the second best performing equity market in the world this year
20.04.2010, 12:49
The delay in developing the Shtokman gas field will not have a negative influence on Russia’s position on the world gas market, according to Russian Energy Minister, Sergey Shmatko.
23.04.2010, 13:01
The construction work involved with Sochi’s preparations for the 2014 winter Olympics are putting extra pressure local gas demand, but Gazprom is stepping into the breach with a 160 kilometre undersea pipeline.
07.05.2010, 22:01
2 comments
A large new energy complex in the far eastern region of Sakhalin will expand economic cooperation between Russia and South Korea.
Published: 12 February, 2010, 19:44
Edited: 15 February, 2010, 13:47
Russia has launched its first project to extract gas from coal. Gazprom is starting the project in West Siberia, where president Medevedev has met with the country's fuel producers to discuss Russia's energy future.
Some people sound like broken records. No matter the topic --- Russia must decetralize, de-monopolize, etc. etc. The issue of coal to gas is hardly the issue of Russian corporate structure. The centralization of decision making did not hurt China, and it will not hurt Russia provided that it does not flirt with silly innovations. The alarms are not well founded. One of the biggest problems of coal, or shale gas, is the POLLUTION. This is one of the most toxic processes imaginable, and it will not be long before the screws tighten on its large scale pollution. If Russia could find a way to produce it, minus the pollution, that would be worth a try. As for the lack of markets, what a nonsense. There are still vast places on earth that the modernity and economic devleopment has not touched. These are all future markets. And Russia will become much, much bigger market for gas, as its economy expands. Europe may at the moment see slack, but this is only temporary. Europe wants to convert a great deal of its oil-based industry to gas, and the conversion is only starting. It is oil that will be under pressure, but even then, the new development around globe will increase the demand.