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Gazprom is the largest company in Russia. Russia's vast geography is an important determinant of its economic activity, with some sources estimating that Russia contains over 30 percent of the world's natural resources. [2] [3] [4] The World Bank estimates the total value of Russia's natural resources at US$75 trillion.
On 23 November 2000, the government approved the main provisions of the Russian energy strategy to 2020. On 28 May 2002, the Russian Ministry of Energy gave an elaboration on the main provisions. Based on these documents, the new Russian energy strategy up to 2020 was approved on 23 May 2003 and confirmed by the government on 28 August 2003.
Nord Stream AG (51%) - joint project company with E.ON, BASF and Gasunie for the contraction and operation of the Nord Stream 1 pipeline RosUkrEnergo AG (50%) - gas trading in Ukraine Shtokman Development AG (51%) - joint project company with Total S.A. (25%) and Statoil (24%) to develop Shtokman gas field first phase [ 10 ]
The list of strategic organizations of Russia was developed by the Government Commission on Sustainable Development of the Russian economy in December 2008. [1] Listed organizations are regarded as priority objects of government support in the event of a crisis. The list is not exhaustive and may be adjusted by Commission Decision.
The United States and United Kingdom unveiled what they say are the harshest sanctions targeted at Russia’s energy sector since Moscow’s troops began a nearly three-year-old war on Ukraine in ...
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The European Union, Britain and Italy last week urged Russia to commit to reach net zero carbon dioxide emissions by 2050 and step up its plans to tackle climate change ahead of the COP26 summit.
The PJSC Lukoil Oil Company (Russian: Лукойл, romanized: Lukoyl, IPA: [ˈluːkɔɪl] stylized as LUKOIL or ЛУКОЙЛ in Cyrillic script) is a Russian multinational energy corporation headquartered in Moscow, specializing in the business of extraction, production, transport, and sale of petroleum, natural gas, petroleum products, and electricity.