The construction of a new coal terminal was expected to be completed this year, but a shipping source close to the project said this was likely to have been postponed until at least 2019.
Russia-based holding company Oteko is funding the construction of the terminal. Oteko did not respond to...
Due to an industrial production drop, Russia’s economy has experienced a sudden shrinkage in November, Reuters reports.
The gross domestic product has decreased by 0.3 percent in November, the economy ministry said, contrasting with analysts’ consensus call for a 1.5 percent growth.
Russia’s oil-dependent economy was on the mend in 2017 after...
The Russian branch of the World Wide Fund for Nature (WWF) said that it does not have a problem with the construction of the Nord Stream 2 gas pipeline project and will not oppose it so long as the route is changed from along a nature reserve in the...
