Search

MOSCOW. July 19 (Interfax) - The State Duma Council will consider a draft resolution on July 22 to dismiss Pavel Zavalny from his position as chairman of the Russian lower house's Energy Committee, business daily Vedomosti reported, citing a source. [ABSTRACT FROM PUBLISHER]

MOSCOW. June 20 (Interfax) - The Russian government might allow major gas buyers who use upwards of 100 mcm per year and have long-term take-or-pay contracts to sell gas they do not take on the exchange, national daily Kommersant reported on Thursday. [ABSTRACT FROM PUBLISHER]

MOSCOW. June 14 (Interfax) - The Russian government is discussing imposing a temporary ban on diesel fuel exports by "non-producers," meaning traders, tank farms and other fuel market participants, in order to prevent resellers from buying up and exporting fuel that is intended for the domestic market, business daily Vedomosti reported on Friday, citing sources. [ABSTRACT FROM PUBLISHER]

MOSCOW. April 24 (Interfax) - Rosneft (MOEX: ROSN) has proposed to impose a six-month moratorium on reducing the damper fuel subsidy to zero and eliminate the provision under which there are no payments at all if the cut-off price is exceeded for one type of fuel, either gasoline or diesel. [ABSTRACT FROM PUBLISHER]

Federal Grid Co posts paper losses of nearly 60 bln rubles in 2009 MOSCOW. April 1 (Interfax) - Federal Grid Company (FGC) (RTS: FEES) closed 2009 with paper losses of [...]

MOSCOW. Feb 9 (Interfax) - Russia's Finance Ministry has submitted a proposal to the government to add a flat markup to the mineral extraction tax (MET) on coal in the amount of 380 rubles per tonne, national daily Kommersant reported on Friday, citing industry sources. [ABSTRACT FROM PUBLISHER]

Gazprom sends papers to Belarus to increase gas transit price MOSCOW. June 24 (Interfax) - Gazprom (RTS: GAZP) has forwarded documents to Minsk to formalize a higher price for gas [...]

FGC forecasts net profit of 15.8 bln rubles in 2010 vs 'paper loss' last year (Part 2) MOSCOW. April 20 (Interfax) - Federal Grid Company (RTS: FEES) expects to post [...]

FGC cites 2009 paper losses for decision not to pay dividends MOSCOW. April 13 (Interfax) - OJSC Federal Grid Company UES (FGC) (RTS: FEES) is not likely to pay out [...]

Drug traffickers being stripped of Russian citizenship - paper MOSCOW. Jan 27 (Interfax) - The Russian Federal Drug Control Service has suggested that natives of the CIS countries, detained for [...]

MOSCOW. Dec 15 (Interfax) - Belarus has tabled a new proposal to rates for transporting oil across its territory to Europe. [ABSTRACT FROM PUBLISHER]

MOSCOW. Feb 6 (Interfax) - State corporation Rostec has approached President Vladimir Putin with a proposal to give it projects to build power generation facilities in southern Russia without holding a tender, national daily Kommersant reported on Tuesday, citing sources familiar with the letter the company sent. [ABSTRACT FROM PUBLISHER]

MOSCOW. Oct 12 (Interfax) - The arrangement for the construction of the trunk gas pipeline to Novatek's (MOEX: NVTK) future Murmansk LNG project calls for the liquefied natural gas producer to build the 1,300-km pipeline and then sell it to Gazprom (MOEX: GAZP). [ABSTRACT FROM PUBLISHER]

MOSCOW. Oct 2 (Interfax) - Russian state nuclear corporation Rosatom and Gazprom (MOEX: GAZP) are discussing building floating nuclear power plants to supply power to fields off the coast of Sakhalin Island, national daily Kommersant reported on Monday, citing the plan and program for the development of electricity in Sakhalin Region. [ABSTRACT FROM PUBLISHER]

MOSCOW. Feb 16 (Interfax) - TNS Energo (MOEX: TNSE) swung to net profit of 51.26 billion rubles to Russian Accounting Standards in 2023 from losses of 5.49 billion rubles the year before, the company said in reporting. [ABSTRACT FROM PUBLISHER]

MOSCOW. Dec 4 (Interfax) - Russia's Finance Ministry is opposed to a proposal from oil companies to switch new blocks in Western Siberia from the regular taxation system to the excess profit tax (EPT). [ABSTRACT FROM PUBLISHER]

MOSCOW. Oct 25 (Interfax) - Rosneft (MOEX: ROSN) has proposed amendments for the second reading of the bill to raise mineral extraction tax (MET) rates on gas for 2024, national daily Kommersant reported on Wednesday, citing a letter the oil company sent to the State Duma on October 20. [ABSTRACT FROM PUBLISHER]

MOSCOW. Aug 17 (Interfax) - The Russian authorities have decided not to reimpose mandatory sales of forex earnings for the time being and will only monitor the actions of exporters. [ABSTRACT FROM PUBLISHER]

MOSCOW. Feb 16 (Interfax) - Germany's Siemens Energy has not yet received all the necessary permits to supply electrical equipment for the Akkuyu Nuclear Power Plant that Russian state corporation Rosatom is building in southern Turkey, national daily Kommersant reported on Thursday, citing sources. [ABSTRACT FROM PUBLISHER]

MOSCOW. June 20 (Interfax) - General Electric (SPB: GE) stopped servicing gas turbines in Russia as of June 19 after the imposition of expanded U.S. sanctions, national daily Kommersant reported on Tuesday, citing sources at Russian power companies. [ABSTRACT FROM PUBLISHER]

MOSCOW. April 11 (Interfax) - Yamal LNG, the principal shareholder of which is Russian gas producer Novatek (MOEX: NVTK), has asked the Russian government to reduce and defer an additional profit tax payment of 40 billion rubles that arose due to exchange rate differences, national daily Kommersant reported on Tuesday, citing sources. [ABSTRACT FROM PUBLISHER]

MOSCOW. Jan 31 (Interfax) - The cost estimate for the construction of state corporation Rosatom's lithium-ion battery factory in Kaliningrad has nearly doubled to 51.5 billion rubles from the previous 26.35 billion rubles, national daily Kommersant said on Tuesday, citing an updated plan for the development of energy storage systems. [ABSTRACT FROM PUBLISHER]

MOSCOW. Jan 30 (Interfax) - Russian oil companies have complained about frequent refusals by Russian Railways (RZD) (MOEX: RZHD) to allow shipment of refined oil products on eastern routes, national daily Kommersant said on Monday, citing industry sources. [ABSTRACT FROM PUBLISHER]

MOSCOW. April 14 (Interfax) - Billionaire Viktor Vekselberg's Renova Group has sold Russia's largest steam turbine manufacturer, the Ural Turbine Plant (UTZ), to Moselektroschit, a little-known electrical equipment maker, national daily Kommersant said on Friday. [ABSTRACT FROM PUBLISHER]

MOSCOW. Sept 16 (Interfax) - Russia's Transport Ministry has drafted a government order with the datasheet of a program to expand the Baikal-Amur Mainline (BAM) to ship coal from Yakutia to the Vanino-Sovgavan hub, national daily Kommersant reported on Thursday, citing the document. [ABSTRACT FROM PUBLISHER]

MOSCOW. Dec 30 (Interfax) - PJSC Federal Grid Company - Rosseti (formerly FGC UES (MOEX: FEES), now known as Rosseti (MOEX: RSTI)) might sell its 8.57% stake in power company Inter RAO (MOEX: IRAO), national daily Kommersant said on Friday, citing sources. [ABSTRACT FROM PUBLISHER]

MOSCOW. Dec 9 (Interfax) - A group of investors led by Qatari businessman Ghanim Bin Saad Al-Saad has expressed interest in acquiring the oil refinery in Sicily owned by Russian oil company Lukoil (MOEX: LKOH), Italian newspaper La Repubblica reported. [ABSTRACT FROM PUBLISHER]

MOSCOW. March 16 (Interfax) - Russian power company Inter RAO (MOEX: IRAO) is considering buying back its free float of more than 34% so it can delist from the Moscow Exchange, national daily Kommersant said on Wednesday, citing sources. [ABSTRACT FROM PUBLISHER]

MOSCOW. Aug 5 (Interfax) - Russia's Federal Antimonopoly Service (FAS) has proposed to exempt Rosatom Group's project to build four floating nuclear power plants (FNPP) to supply power to KAZ Mineral's Baimsky GOK mining operation in Chukotka from state regulation of electricity rates. [ABSTRACT FROM PUBLISHER]

ROME. May 17 (Interfax) - Italian energy company Eni is considering opening accounts at Gazprombank (MOEX: GZPR) in euros and rubles in order to pay for gas supplies from Russia, business daily Il Sole 24 Ore reported. [ABSTRACT FROM PUBLISHER]

MOSCOW. April 29 (Interfax) - Russian state nuclear corporation Rosatom has managed to secure additional financing for the development of Northern Sea Route (NSR) infrastructure, as Prime Minister Mikhail Mishustin has ordered the allocation of 118 billion rubles in budget funding to 2030 for the construction of another two nuclear icebreakers, national daily Kommersant reported on Friday, citing a list of instructions issued on April 15. [ABSTRACT FROM PUBLISHER]

MOSCOW. April 6 (Interfax) - Russian coal companies, whose exports have lost priority on the country's eastern railways, have proposed to remove all transit containers from the Baikal-Amur Mainline (BAM) and Trans-Siberian Railway and ship them through Kazakhstan, national daily Kommersant reported on Wednesday. [ABSTRACT FROM PUBLISHER]

MOSCOW. April 4 (Interfax) - Russian gas producer Novatek (MOEX: NVTK), which hopes to buy Shell's (SPB: RDS.A) 27.5% stake in the Sakhalin-2 project, has secured President Vladimir Putin's agreement to allow the Anglo-Dutch energy major to get all of the 94.8 billion rubles for its stake and transfer the money out of Russia, national daily Kommersant reported on Tuesday. [ABSTRACT FROM PUBLISHER]

KEMEROVO. Sept 15 (Interfax) - The Russian government is considering imposing an export duty on coal, national daily Kommersant reported on Thursday, citing sources. [ABSTRACT FROM PUBLISHER]

HONG KONG. Aug 19 (Interfax) - Japanese energy and gas companies are expected to soon sign contracts to buy liquefied natural gas (LNG) with the new operator of the Sakhalin-2 project in Russia as the deadline to do so is approaching, newspaper Asahi reported. [ABSTRACT FROM PUBLISHER]

MOSCOW. Oct 11 (Interfax) - The Russian government has refused to grant Lukoil (MOEX: LKOH) the license to the Nadezhda hydrocarbon block in the Baltic Sea, which the oil company has been trying to get since 2016, national daily Kommersant reported on Tuesday, citing industry sources. [ABSTRACT FROM PUBLISHER]

MOSCOW. July 30 (Interfax) - Russian President Vladimir Putin has backed the suggestion of the general director of state corporation Rosatom, Alexei Likhachev, on increasing financing of new nuclear technology programs until 2024 by 58.1% to 552.7 billion rubles, the Kommersant newspaper said. [ABSTRACT FROM PUBLISHER]

MOSCOW. Dec 20 (Interfax) - Spain's Repsol is pulling out of Russia as part of a change in its global strategy. [ABSTRACT FROM PUBLISHER]

MOSCOW. July 5 (Interfax) - Russia's Justice Ministry has drafted a bill to temporarily prohibit setting prices in contracts that are pegged to a foreign currency or world commodity indexes with the exception of transactions with oil, gas, petrochemical and refined oil products, precious stones and metals and for financial services and financial derivatives, RBC reported on Tuesday. [ABSTRACT FROM PUBLISHER]

MOSCOW. Feb 18 (Interfax) - Russia's Economic Development Ministry has raised its forecast for the annual average price of Urals crude in 2022 to $77.70 per barrel from $62.20, business daily Vedomosti reported on Friday, citing a federal official. [ABSTRACT FROM PUBLISHER]

MOSCOW. Feb 16 (Interfax) - Russia might increase government subsidies for natural gas vehicles (NGV) from the current 3.3 billion rubles and even out support for vehicles that run on liquefied natural gas (LNG) and compressed natural gas (CNG), national daily Kommersant said on Wednesday. [ABSTRACT FROM PUBLISHER]

MOSCOW. Aug 27 (Interfax) - Amid record high gas prices in Europe, Rosneft (MOEX: ROSN) CEO Igor Sechin has asked President Vladimir Putin to allow the company to export 10 billion cubic meters of gas per year under an agent agreement with Gazprom (MOEX: GAZP), national daily Kommersant reported, citing the letter. [ABSTRACT FROM PUBLISHER]

MOSCOW. Aug 20 (Interfax) - Gazprom (MOEX: GAZP) reached an agreement to redirect 85,000 tonnes of condensate per month to Novatek's (MOEX: NVTK) Purovsky plant after the fire at the Russian gas giant's condensate treatment plant in Urengoy earlier this month, national daily Kommersant said. [ABSTRACT FROM PUBLISHER]

MOSCOW. Nov 30 (Interfax) - T Plus (MOEX: VTGK) expects to sign a contract with Power Machines for GTE-65 gas turbines before the end of the year, Andrei Vagner, the general director of T Plus, told the Kommersant newspaper. [ABSTRACT FROM PUBLISHER]