Russian state-run company Transneft has paid compensation to 14 firms in Kazakhstan over contaminated oil deliveries through the Druzhba pipeline this year, TASS news agency reported on Friday.
Russia was forced to shut down its Druzhba pipeline carrying oil to Europe for two months in April after refinery equipment-damaging chemicals...
The regions of Russia's Far East could propose establishing medical tourism programs to lure in visitors from Asian countries, the CEO of Russia's Far East Development Fund Alexei Chekunkov said in an interview with RIA Novosti.
"In the sphere of medical tourism, we have an interesting project on Sakhalin Island....
Russian gas giant Gazprom is trying to include a $3 billion payment it owes Ukraine’s national gas company Naftogaz under a ruling by the Stockholm Arbitration in ongoing negotiations on a long-term gas supply deal with Ukraine, Reuters reports.
According to sources in the Russian delegation speaking to the media,...
In its second annual reduction in a row, the management committee of Russian state-run energy giant Gazprom has approved a 16.5% cut in investments next year, Finanz.ru reported.
The company’s capital expenditure plan for next year, pending approval by the company’s board of directors, is set at 1.1 trillion ($18 billion), down...
The head of Russia’s Audit Chamber said on Thursday that despite implementing nearly all planned activities, the Bank of Russia has failed to substantially develop the country’s financial market, Nezavisimaya Gazeta reports.
“In some respects, on the contrary, the situation has deteriorated, there are signs of reduced competition,” Kudrin said. “Despite the...
Azimuth Airlines, the world’s only air carrier operating a fleet consisting only of Russian-made Sukhoi Superjet 100 (SSJ-100) aircraft, has reached breakeven point in the third quarter of 2019, its co-owner has said this week in an interview with state-run TV news-channel Rossiya-24.
Azimuth, launched just two years ago, has succeeded...
Russia will test its so-called ‘sovereign Internet’ on Monday to determine the reliability of domestic internet infrastructure in the event that the country is disconnected from the worldwide web, the country’s Ministry of Digital Development, Communications and Mass Media communications ministry has said, according to Reuters.
The threat testing will...
Russia’s floating nuclear power plant, a first of its kind project widely criticized by environmentalists, started sending electricity on Thursday to a region in Russia's Arctic, RIA Novosti reported.
The floating plant, named the Akademik Lomonosov, was sent in August to the Chukotka Peninsula, an area 5,500 kilometers (3,400 miles)...
Russia’s enormous natural resources should serve as a guarantee of high-quality food production, President Vladimir Putin said on Wednesday during his annual year-end address at the country’s Federal Assembly, according to Interfax.
Russia’s advantage is in its huge natural resources, the president noted, adding that these resources should be used...
A five-year-old Russian-American girl is the world’s third-richest YouTuber, according to a new ranking by Forbes.
Anastasia Radzinskaya, who was born in Russia’s Krasnodar but moved to Florida last year, earned an estimated $18 million from views on her videos between June 2018 and June 2019, the business magazine writes....
