Oil and gas exploration and production companies are set to be the hardest hit of any sector in 2020, with Fitch Ratings estimating a $1.8 trillion loss by the end of the year, OilPrice.com reports.
“The critical and expensive nature of oil and gas extraction (in terms of revenue, opex...
The Russian government will allocate additional 15 bln rubles ($217 mln) to support promising domestic developments, in particular projects to combat the coronavirus, Prime Minister Mikhail Mishustin said at a cabinet meeting on Thursday, TASS reported.
"The government will additionally allocate 15 billion rubles to the Russian Fund for Technological...
S7 Airlines carried 281,000 passengers in May and became the largest air carrier in the Russian Federation for the second month in a row, the Federal Air Transport Agency reported on Thursday.
In total, in May, Russian airlines transported 946,000 passengers, which is 91.3% lower than a year earlier. In...
Beijing is interested in restarting regular flights between China and Russia as soon as possible, and is ready to advance this process through teamwork with the Russian side, a statement by the press service of the Chinese Foreign Ministry said on Thursday, TASS informs.
"China expects that the global epidemic...
The World Health Organization’s Representative to Russia, Melita Vujnovic, said that the organization has no questions about Russia’s COVID-19 mortality rates, TASS informs.
"The WHO by no means has any questions about Russia’s coronavirus-related mortality statistics. WHO Emergencies Program Executive Director Michael Ryan voiced a very general idea. He is...
Sheremetyevo Airport, Russia's busiest airport, is bracing for a 66% fall in traffic this year as it plans to resume flights next month, its board chairman said, and expects it to take about a year before a return to pre-crisis levels, Reuters reports.
"We expect that the restoration of passenger...
Russia should "pick up on the trends" in digitalization that arose during the coronavirus pandemic, President Vladimir Putin said at a meeting on communications and IT industry. The head of state called for being proactive, while ensuring cyber security, TASS writes.
"It’s necessary, as they say, to catch these trends...
Greenhouse gas emissions during Russian gas supplies over the Nord Stream and the TurkStream gas pipelines are more than three times lower, compared to LNG supplies from the United States, to Europe, the Russian gas holding Gazprom said on Wednesday, TASS reported.
"Greenhouse gas emissions in the Gazprom Group declined...
Discussing the suspicions the virus SARS-CoV-2 that causes the COVID-19 disease is artificial would be senseless, because a number of processes that might support either point of view are impossible to trace, the director of the Ye. I. Martsynovsky Institute of Medical Parasitology and Tropical and Vector Borne Diseases,...
As testing ramps up, a growing number of Russians are discovering that they have already had Covid-19. Results show almost 14 percent of people have immunity, meaning millions may have been infected, Russia Today reported.
That’s according to Russia’s consumer rights watchdog, Rospotrebnadzor, citing hundreds of thousands of samples from...
