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Ex French PM Fillon Joins Russian Company Board

A number of former senior European politicians have joined Russian energy companies in the past.

Price 'super cycle'

Russia’s Rosneft Reports Profits Boost Amid Surging Energy Prices

The company has returned to profit this year as oil prices have rebounded following a dismal 2020 for the industry and global economy due to the pandemic...

Russia’s Green Energy Transition Will Cost $1.2T – Kremlin Economic Aide

Transitioning away from fossil fuels will cost under 3% of Russia's GDP, First Deputy Prime Minister Andrei Belousov says.

'critical situation'

Moldova Declares State of Emergency Over Gas Crisis

Officials said Russia hiked prices above what people could afford and is not providing the required volumes of natural gas.

'avalanche-like increase'

Siberia Sounds Electricity Alarm Over China’s Crypto Crackdown

The Irkutsk region is seeing an influx of Bitcoin mining from nearby China, where virtual currencies are illegal, thanks to its cheap energy costs.

Russia Faces Huge Revenue Losses From Renewables Push, Finance Minister Warns

Russia is the world’s top energy exporter and its economy is heavily dependent on oil and gas.

Net-Zero Region

Russia Seeks to Transform Far North Region Into ‘Carbon-Free Zone’

State corporation Rusnano seeks to test sustainable technologies and systems in Murmansk that can later be expanded nationwide.

Russia’s Oil Reserves Will Last Through 2080 – Government

Country also has a century of gas deposits under its soil, but unclear how much will be profitable to extract.

Russia to Slash Green Energy Funding by 22% – Kommersant

Renewables investors are raising the alarm over the cuts, saying they could monopolize the market.

Non-Renewable Energy Saved Texas' Frozen Wind Turbines, Putin Says

“They had to use methods that are a far cry from environmental protection to warm the windmills up,” the longtime green energy critic said.

Investor Breathes New Life Into Major Arctic Coal Project

Russia plans to boost its domestic coal output by up to 50%, with the Arctic region playing a key role in these plans.

COMPLETELY UNPREPARED

Russia’s Coronavirus Recovery Plan Has No Space for Renewables

Without hydropower, just 0.16% of Russia’s electricity comes from renewable sources.

hot commodities

Russian Energy Exports to U.S. Set 8-Year Record in October

Russia ramped up its oil and petroleum sales to the U.S. after Washington imposed sanctions on Venezuela last year.

Barred from business

$740Bln U.S. Defense Bill Targets Russian Pipelines

The NDAA also calls for sanctions on Turkey over its purchase of a Russian S-400 missile defense system.

Putin Says Zero-Carbon Energy Will ‘Send Us Baсk to Caves’

The Russian president says civilization needs to consume hydrocarbons, nuclear energy and hydropower to survive.

Arctic emissions

Arctic's Biggest Air Polluter Nornickel Shuts Down Smelter at Infamous Factory

Pollution from the factory has been a thorn in Norway-Russia relations since the days of the Soviet Union.

Russia Considers Banning Foreign Companies from Renewable Energy Projects

Clean energy production could become even more expensive if Russia blocks foreign companies, experts warn.

opinion James Brown

Japanese Investment in Russia Floundering Despite Arctic Energy Deal

Without improvements to Russia’s business climate, cases of Japanese investment into Russia will continue to be the exception, not the norm.

Russian Energy Giants Suffer Under Anti-Coal Campaigns

In the absence of a government drive to reduce the use of coal, Russian companies are becoming targets of divestment campaigns from international investors...

Russia Joins the Ranks of Oil Swing Producers

Energy Minister Alexander Novak explains Russia’s response to the attack on Saudi Arabia and the future of oil.

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