Latest news
Russia declares South Stream gas pipeline projects continue
The South Stream undersea gas pipeline project led by Russia is still in progress and the country had talks with Europe on its achievement, as stated on Friday by Russian Energy Minister Alexander Novak.
read more... 22/04/2014
Rosatom: sanctions will not harm Finnish nuclear project
The construction of the Finnish-Russian nuclear reactor in western Finland will not be harmed as a result of international sanctions instituted over the Ukraine crisis, as stated on Tuesday by a Rosatom manager.
read more... 16/04/2014
Shell abandons innovative Norwegian Subsea gas project
Royal Dutch Shell has abandoned one of Norway's major and most modern industrial projects because of increasing costs and intricacy, facing a blow to equipment expected to develop offshore production.
read more... 14/04/2014
Finland’s Kesko abandons Fennovoima nuclear consortium
Finnish retailer Kesko declared on Thursday it would give up the Fennovoima nuclear conglomerate, increasing worries over a project that is likely to engender confrontations in parliament between members of the ruling coalition, because of the ambiguity in the financial, contractual and timetable requirements.
read more... 28/03/2014
Total and Russia’s Lukoil are discussing a collaboration in shale projects
French oil major company Total and Lukoil have the intention to cooperate in shale gas projects since Russia employs unconventional resources to substitute decreasing output at mature fields in Siberia, as published in the Financial Times on Thursday.
read more... 28/03/2014