Posts Tagged ‘MOSCOW’

Russia eyes global alliances on nuclear market

May 27th, 2009

MOSCOW, May 26 (Reuters) - Russia will seek global alliances to build a dominant position on the nuclear market as the world economic crisis dents the appeal of renewable energy, senior Russian officials said on Tuesday.
Russia, one of the world’s biggest nuclear players, this year signed deals to cooperate with Japan’s Toshiba (6502.T) and [...]

Falling Gas Prices Deny Russia a Lever of Power

May 16th, 2009

MOSCOW — As energy markets shrink, the same tactics that the Kremlin used to build Gazprom, the giant energy company, into a fearsome economic and political power that could restore Russian influence in the world are now backfiring, slashing both its profits and its influence.
Throughout his eight years as president of Russia, Vladimir V. Putin [...]

Japan, Russia Sign Nuclear Supply, Technology Pact

May 12th, 2009

TOKYO (AFP)–Japan and Russia have signed a nuclear energy pact that will pave the way for contracts worth billions of dollars, the head of Russia’s state nuclear agency said Tuesday.
The accord, which was inked during Russian Prime Minister Vladimir Putin’s visit to Tokyo, will allow for the transfer of Japanese technology to Russia and the [...]

Japan, Russia Sign Nuclear Supply, Technology Pact

May 12th, 2009

TOKYO (AFP)–Japan and Russia have signed a nuclear energy pact that will pave the way for contracts worth billions of dollars, the head of Russia’s state nuclear agency said Tuesday.
The accord, which was inked during Russian Prime Minister Vladimir Putin’s visit to Tokyo, will allow for the transfer of Japanese technology to Russia and the [...]

Bulgaria needs nuclear plant funding soon-adviser

April 29th, 2009

SOFIA, April 29 (Reuters) - Funding for Bulgaria’s planned nuclear power plant at Belene must be secured soon, or the multi-billion euro project will be delayed, a consultant to the scheme said on Wednesday.
The Socialist-led government and German utility RWE (RWEG.DE) have signed a deal to build Bulgaria’s second nuclear power plant by 2014-2015 [...]

Russia to supply uranium to India

February 8th, 2009

Russia will become the first supplier of nuclear fuel to India since a club of uranium producers lifted a three-decade ban on sales to the south Asian country.
A unit of Rosatom Corporation, Russia’s holding company for all nuclear assets, will sign a contract with Indian atomic energy monopoly Nuclear Power Corporation on February 11 in [...]

Gas deliveries still stalled in Europe

January 14th, 2009

MOSCOW, Jan. 14 (UPI) — Russia and Ukraine Wednesday bickered over gas deliveries to Europe, in spite of international efforts to broker an accord.
More than a week into the dispute, with international monitors in place to observe gas flows, Russia’s state-run energy concern Gazprom accused Ukraine’s Naftogaz of blocking deliveries intended for Europe, Deutsche Welle [...]

Poland aiming at own nuclear power by 2020

January 13th, 2009

WARSAW, Poland – Poland’s prime minister says the ongoing natural gas dispute between Russia and Ukraine is pushing his government to speed up plans to build nuclear power plants.
Donald Tusk said his Cabinet decided Tuesday to step up construction of its first-ever nuclear power plants, and that he expects them to produce power by 2020.
Tusk [...]

Russia’s Belon says Q1 coal output at full capacity

January 13th, 2009

MOSCOW, Jan 13 - Russian coal miner Belon Group said on Tuesday it will operate at full capacity in the first quarter thanks to agreements with domestic steel makers as well as an unnamed producer in southeast Asia.
“Agreements that we have reached allow the company to continue stable work in 2009, despite the unfavourable influence [...]

Oil prices shed $2 on economic downturn fears

January 12th, 2009

LONDON (AFP) — Oil prices dropped some two dollars on Monday on concerns that a deepening global economic downturn could spark a slump in demand for energy, analysts said.
The market was also weighed down by news of a possible resolution to the ongoing Russia-Ukraine gas supply crisis, they added.
Traders also tracked developments in the Middle [...]