Tag Archives: Russia

Russia is world’s largest producer of crude oil and lease condensate

August 6, 2015 Source: U.S. Energy Information Administration, Russia is the world’s largest producer of crude oil (including lease condensate) and the second-largest producer of dry natural gas, after the United States. Hydrocarbons play a large role in the Russian economy, as revenue from oil and natural gas production and exports accounts for more than […]

China will soon surpass South Korea, Russia, and Japan in nuclear generating capacity

July 20, 2015 Source: U.S. Energy Information Administration, International Atomic Energy Agency, World Nuclear Association Nuclear power currently makes up slightly more than 2% of China’s total power generation. However, the Chinese government has a stated goal to provide at least 15% of overall energy consumption by 2020 (increasing to 20% by 2030) from non-fossil […]

South Africa: SA, Russia Nuclear Deal One of Many Energy-Related Agreements

The inter-governmental agreement regarding nuclear energy signed between South Africa and Russia is one of over 60 different energy related co-operation agreements signed by the Department of Energy on behalf of government. The agreements address different aspects of energy and the usage of different energy sources. “The Intergovernmental Agreement on Strategic Partnership in Nuclear Energy […]

Russia looks beyond West Siberia for future oil and natural gas growth

September 19, 2014 Source: U.S. Energy Information Administration, Eastern Bloc Research, IHS EDINNote: Crude oil includes lease condensate production; Northwest & Arctic includes Kaliningrad.Note: . Russia was the world’s largest producer of crude oil (including lease condensate) and the world’s second-largest producer of dry natural gas in 2013. In 2013, production of crude oil and […]

Energy Talk – China, Russia and East Siberian natural gas

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The recent agreement between Russia and China for the sale of some 38 billion cu m of natural gas a year for 30 years, at a reported price of $ 400 billion ends a long-going negotiation between the two countries over the price of that supply. (Which works out at roughly $ 10 a thousand […]

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