The year 2020 was supposed to be one of celebration for the Association of European Businesses (AEB), as the main lobbying organization for foreign companies and investors in Russia is turning 25, The Moscow Times writes.
Just three weeks into the job, new chief executive Tadzio Schilling has found himself...
The economy of the world’s biggest energy exporter is heading for its deepest slump in more than 10 years due to the fallout from the coronavirus. However, an even bigger crisis may be just around the corner, Bloomberg reported.
Analysts at the Kremlin-funded Skolkovo Energy Center warned this month that...
Iraq and Saudi Arabia agreed on Saturday to continue working to re-balance markets and stressed their commitment to output cuts agreed by the Organization of the Petroleum Exporting Countries, Russia and other allies, Reuters reports.
The comments came after Iraq’s Finance Minister Ali Allawi, who is acting oil minister, visited...
Russian business ombudsman Boris Titov has received 123 requests from business persons, against whom criminal cases were opened in Russia, but who want to return home, says an attachment to his report to President Vladimir Putin, whose copy TASS has received.
Titov said he had received requests from "entrepreneurs earlier...
Mass vaccination against the novel coronavirus in Russia may start already in autumn but this process may take as long as nine months, Director of Russia’s Gamaleya Scientific Research Institute of Epidemiology and Microbiology Alexander Gintsburg said on Monday, TASS informs.
"We hope that mass vaccination will start in early...
Russian regions will be provided with 100 bln rubles ($1.4 bln) in assistance allocated in order to compensate for the declining budget revenues, according to a decree signed by Prime Minister Mikhail Mishustin, TASS reported.
"The funds allocated in line with the Russian president’s instructions will be provided to 56...
A sharp increase in the number of Covid-19 cases among workers at Kazakhstan's Tengiz oil field has prompted a warning from health officials that production may be affected if the outbreak is not contained, Argus Media reported.
"The government commission adopted a schedule of work at the Tengiz field aimed...
The Board of Directors of the Russian oil major Rosneft made the decision to appoint Igor Sechin as the chief executive officer of the company for the next five-year term, the company said on Friday, TASS reported.
"To appoint from May 24, 2020 Igor I. Sechin to the position of...
Minister of Transportation of the Russian Federation Yevgeny Dietrich conducted an inspection at Sheremetyevo International Airport, the country’s largest aviation hub, on May 16 to determine the airport’s readiness to resume air operations with the safety measures necessary to prevent the spread of the coronavirus.
Minister Dietrich was accompanied by...
