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A liquified natural gas (LNG) tanker sits near an LNG plant on Sakhalin island (AFP Photo / Natalia Kolesnikova) 18.02.2009, 12:32 1 comment

Sakhalin 2 LNG production to have major impact for Japanese gas consumers

The world's largest oil and gas project Sakhalin-2 has begun to produce Russia's first LNG for the world market. The first deliveries will go to Japan, where Russian LNG will have a major impact.

Control valves are seen on the tanker pipeline dock at the liquified natural gas (LNG) plant near Korsakov on Sakhalin island (AFP Photo / Natalia Kolesnikova) 17.02.2009, 16:59

Sakhalin LNG comes on stream to open new markets

Russia’s first liquefied natural gas plant comes on stream on Wednesday. A tanker with the first load of LNG produced on Sakhalin Island will set sail for Japan in March opening new market for Russian hydrocarbons.

10.09.2009, 17:50 4 comments

Medvedev’s “desperate call for action”

“We have no time at all left to modernize the economy, to invest heavily in high-tech and to move slowly from our dependence on oil and gas,” Viktor Linnik of the Slovo newspaper commented on Medvedev’s appeal.

RIA Novosti / Igor Zarembo, STF 31.08.2010, 11:49 1 comment

Lukoil posts 1H 2010 net profit of $4 billion

Russian oil producer Lukoil has posted a 1H 2010 net profit of $4 billion under US GAAP.

Dmitry Medvedev and German Chancellor Angela Merkel, July 16, 2009 (AFP Photo DDP / Joerg Koch / Germany Out) 16.07.2009, 21:27 2 comments

Human rights activist’s murderers will be found – Medvedev

The murder of Russian human rights activist, Natalya Estemirova, cast a shadow over the Russian-German talks. However, President Dmitry Medvedev said he is sure the murderers will be found.

23.04.2010, 13:37

TMK posts FY 2009 net loss of $323.74 million

Major pipe producer, TMK, has posted a full year 2009 net loss of $323.74 million under IFRS.

28.05.2010, 12:36 3 comments

Belarus to offer Russia pipeline control

Belarusian President Aleksandr Lukashenko says his country is willing to give Russia full control over Belarusian pipelines in exchange for cheap gas and oil.

14.11.2009, 22:15 8 comments

"Russian food and energy will save the world"

William Wilson, an economist from the Vanguard investment firm in London, told RT about Russia’s impact on the global economy.

14.11.2009, 20:26 5 comments

“Together, South and North Stream will bring a new Europe order”

On Saturday Russia signed a final agreement with Slovenia paving the way for the South Stream gas pipeline project. Prime Minister Vladimir Putin says all European partners involved are now fully on board.

26.01.2010, 09:12

Tyumen city: breaking from oil dependency

As calls for a technology-based economy are getting stronger, Siberia’s Tyumen region – a major oil and gas producer - has been quite successful in diversifying its economy.

Russia outsourcing oil tanker production

Published: 23 February, 2009, 17:36


Russia's most active oil and gas fields are shifting further to the north and closer to Russia's eastern coast, a development which is driving demand for new oil and LNG tankers.

 
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