Moscow, 19 October. – The theme of developing energy efficiency and energy conservation, which was actively discussed during REW 2017, was one of the key issues on the agenda of a Russian Government meeting chaired by Russian Prime Minister Dmitry Medvedev.
Sochi, 18 October. – Russian Minister of Energy Alexander Novak held a meeting with young people from around the world as part of the World Festival of Youth and Students and shared his vision of the energy industry of the future.
During the plenary session ‘The Russian Fuel and Energy Industry: National Interests and Global Trends’ held as part of Russian Energy Week 2017, Gazprom Neft CEO Alexander Dyukov offered assurances that oil production will continue to increase even if low prices tumble. “We will continue production even at prices of USD 10–20 per barrel. The reason for this is the quality of reserves, the availability of infrastructure, the rather large amount that has already been invested in the construction of
These assessments were announced by the first deputy minister of energy during the 6th Moscow International Forum of Innovative Development ‘Open Innovations’.
During the panel discussion ‘Finding a New Balance on the Oil Market’ as part of REW 2017, Zarubezhneft General Director Sergey Kudryashov noted that the agreement with OPEC+ countries on reducing oil production has stabilized the situation in the industry.
Siemens Russia President Dietrich Möller said in a speech during the plenary session ‘The Future of the Electricity Industry: How Power Systems and Consumers Are Set to Change’ as part of Russian Energy Week that, according to his company, roughly 50% of power plants in Russia are in need of modernization and “Siemens is ready to make a proposal”.
17 October, Moscow. – The St. Petersburg International Mercantile Exchange and Moscow Exchange signed an agreement during Russian Energy Week. The agreement provides for joint marketing activities to attract new traders as well as expanding the range of
Moscow, 13 October. – Representatives of line ministries and departments as well as senior officials from leading power companies of Russia and the world presented their vision of the future development of the electric power industry during Russian Energy Week.
Moscow Mayor Sergei Sobyanin shared his vision of investment in major monopolies, including Mosvodokanal, Mosgaz, and electricity and heat supply systems, during Russian Energy Week.
Moscow, October 11. – In an interview with Kommersant Review, Deputy Minister of Energy Anton Inyutsyn discussed the recent ‘Russian Energy Week’ Energy Efficiency and Energy Development International Forum, and summed up the outcomes in several key areas.
October 12, Moscow. – Several oil sector agreements were signed during Russian Energy Week. Cooperation between Irkutsk Oil Company and the Japanese company JOGMEC moved to the next phase of development with a new joint venture, INK-Krasnoyarsk. This agreement to expand the parameters of cooperation includes plans for geological exploration at five licensed sites in Krasnoyarsk Territory. “Our
During an interview with radio station Business FM on the sidelines of REW 2017, Minister of Energy of the Russian Federation Alexander Novak discussed the outcomes of the event and the agreements concluded there, as well as the prospects for global oil markets, the development of the gas sector, the future of the energy balance in Russia and globally over the next two decades, and cooperation with foreign partners.