President Vladimir Putin said Thursday that the Russian budget was becoming less dependent on oil and gas, key exports for one of the world’s dominant petro-economies. Putin told reporters during Continue Reading
Russia is successfully weaning itself off oil revenues, President Vladimir Putin said today during an annual end-of-the-year news conference, as quoted by RT. “This means that, while we’re not completely Continue Reading
At the core of Russia’s hydrocarbons-related power is its Arctic oil and gas reserves , with the Russian Arctic sector comprising over 35,700 billion cubic metres of natural gas and Continue Reading
It was only November, but the chill already cut to the bone in the small village of Dimitrovo, which sits just 35 miles north of the Chinese border in a Continue Reading
The controversial Russia-led gas pipeline Nord Stream 2 is likely to start delivering first gas to Germany by the end of 2021, Russian energy experts tell news agency TASS , Continue Reading
With Russian President Vladimir Putin’s annual marathon news conference taking on a new look because of the coronavirus, Putin spent the first hour addressing how the country has handled the Continue Reading
The staff at Moscow’s Polyclinic No. 5, syringes at the ready, waited for the expected flood of people as the first phase of mass coronavirus vaccinations rolled out this week. Continue Reading
The oil-producing subsidiary of Russian state gas giant Gazprom, Gazprom Neft, has announced that it plans to launch a fourth well at the Sarqala field in Iraq’s semi-autonomous region of Continue Reading
The days of peak oil consumption for the global economy may be over and the trend could affect Russia’s budget revenue, the country’s deputy finance minister, Vladimir Kolychev, warned. “The Continue Reading
When Alina Kosova’s uncle fell ill in their Siberian village last month, the ambulance sent from the nearby city of Omsk left without him, prompting his family to drive him Continue Reading
