MOSCOW, Sept. 18 (UPI) -- State-controlled utility RusHydro plans to issue new shares to finance reconstruction at a Siberian hydroelectric plant struck by an August industrial accident.

ANKARA, Turkey, July 22 (UPI) -- Russia will not interfere with European energy initiatives, including Nabucco, but feasibility should be considered when examining diversity, officials said.

MOSCOW, July 2 (UPI) -- Following gas deals with Azerbaijan, Russia has extended an invitation to Turkey to join the South Stream natural gas pipeline to Europe, officials say.

ST. PETERSBURG, Russia, June 5 (UPI) -- Oil production in Russia could drop if economic conditions do not improve unless crude oil prices reach $75 per barrel, the Russian deputy premier said Friday.

MOSCOW, May 8 (UPI) -- Russian Deputy Prime Minister Igor Sechin announced last week that Ukraine must purchase 19.5 billion cubic meters of gas to supply to the European Union.

Russia, Iraq discuss oil investment; Harvest Natural Resources signs deal in Oman; Total ups the ante for UTS

MOSCOW, March 26 (UPI) -- Itera, an independent natural gas producer in Russia, said it would ditch some of its foreign projects in favor of domestic business, a spokesman said Thursday.

MOSCOW, March 23 (UPI) -- Russia is working to develop new oil and natural gas reservoirs and new infrastructure, including a pipeline to the Pacific Ocean.

Oil prices fall on OPEC decisions; Occidental signs historic oil deal in Bahrain; Brunei settles territory dispute