Formula E all-electric series to race in Moscow

The new electric motor racing championship will hold a race in Moscow this year, it has been confirmed. The Russian capital will host the penultimate ninth round of the inaugural season of Formula E on the streets adjacent to the Kremlin. It will take place on 6th June following which the championship will end in […]

Total CEO dies in Moscow jet crash

French oil company Total’s chief executive Christophe de Margerie has been killed in a crash at an airport in Russia. The private jet is said to have collided with a snow plough at Moscow’s Vnukovo international airport last night. According to Russia’s Investigative Committee, the snow plough driver was “drunk”. Three crew members were also in […]

Greenpeace activists ‘held at gunpoint’ in Russian waters

A total of 30 Greenpeace campaigners remain under the control of authorities in Russia following what they claim was a “peaceful protest” in the Russian waters of the Arctic Circle. The environmental activists claim the Russian Coast Guard boarded the Greenpeace International ship ‘Arctic Sunrise’ (pictured) using a helicopter and ropes and started rounding up […]

Energy exporters pledge to increase global natural gas share

Leaders of the world’s largest gas exporting countries (pictured) have pledged to foster the growth of natural gas usage and increase its share in the world’s primary energy mix. They gathered in Moscow earlier this week for the second summit of Gas Exporting Countries Forum (GECF), which was set up with the objective of strengthening […]

Gazprom issues profits warning

Russian state gas company Gazprom has warned investors of a drop in profits and sales revenue in 2012. In its Investor Day presentation in Moscow, the firm said it paid out $2.7 billion (£1.7bn) last year in refunds to customers in Europe. It also plans another $4.7 billion (£3bn) in potential price cuts this year […]

South Stream pipeline gets 2012 start date

Gazprom wants to begin building the ‘South Stream’ pipeline in December, a year earlier than planned. The Russian energy firm has announced it is rapidly speeding up the project. Gazprom is touting the pipeline as a way of strengthening Europe’s energy security. It is designed to carry 63 million cubic meters of gas a year […]

Russians adopt energy efficient ‘active house’

A pilot project that pioneers energy efficient homes around the world has touched down in Russia. The new Active House, designed by the Russian architecture firm Polygon Lab, is one of several across the world that aims to balance energy efficiency, the environment and the indoor climate. The house uses around 7-8 times less energy […]

PM talks up energy trade links on Moscow visit

The Prime Minister has talked up the energy trade links between Britain and Russia on a visit to Moscow. One agreement could spell £1billion worth of business for the nuclear industry. In a speech this morning at Moscow State University, Mr Cameron accepted that the two powers have had a “difficult relationship” for some time […]

Bailiffs raid BP Moscow office

Russian bailiffs have raided BP’s offices in Moscow on the orders of a Siberian court. The raid conducted by the Federal Bailiff Service followed a lawsuit against the oil giant by shareholders of one of its minor subsidiary companies. Some shareholders of TNK-BP Holding, led by Andrei Prokhorov, are claiming damages from BP after its […]