The Bank of Russia’s updated macroeconomic forecasts published on Monday show that the regulator does not rule out oil prices falling to $25 per barrel in 2020, Banki.ru reports.
The central bank’s risk scenario could be triggered in case of lower demand for energy products around the globe and worsening...
Russia will cut the price for natural gas sold to Moldova starting October 1, the country’s president Igor Dodon said on Friday, according to Vesti.ru.
The president made the comment in a post to his Facebook page after meeting Russian President Vladimir Putin in the Kremlin.
“We have agreed in principle...
Two state-run Chinese industrial groups are negotiating with Russian banking conglomerate VTB about a possible purchase of En+ Group shares from the bank, The Financial Times writes citing sources familiar with the negotiations.
VTB owns more than 20% in En+ Group, an energy company formerly owned by billionaire oligarch Oleg Deripaska, who...
The appearance of a gas odor in some areas of Moscow may be due to its increased odorization, Mosgaz reported. Odorization - this gives the domestic gas a sharp aroma. This process is carried out at gas distribution stations outside the city, Kommersant reported.
“Mosgaz is currently receiving appeals from...
The Russian manned spacecraft Soyuz MS-14 with no crew but an anthropomorphic robot on board landed in its designated area in the steppes of Kazakhstan on Saturday, TASS reported.
"Landing done," said a spokesperson for the central research and development institute of machine building (TsNIIMash), which incorporates the Russian Mission...
Russian banks have issued 23% more credit cards in the period between January-July this year than the same period last year - 5.45 million compared to 4.43 million, credit history bureau Equifax told RIA Novosti.
At the same time, the amount of funds for which credit cards were issued increased...
The Nizhne-Bureyskaya hydroelectric plant, the most powerful in Russia, the construction of which began in the post-Soviet period, was put into commercial operation in the Amur Region.
"The Nizhne-Bureyskaya hydroelectric station was put into commercial operation, the station reached its design capacity of 320 MW," PJSC RusHydro told RIA Novosti.
The chairman of...
Russia’s agriculture ministry expects China to open its market for imports of wheat produced across Russia within a year, deputy minister Sergey Levin has said on Friday, according to Investing.com Russia.
“I’m sure that in the foreseeable future we will see the whole territory of Russia open for supplies of...
A Moscow court on Friday issued an international arrest warrant for the founder of Russian car dealership Rolf, Sergey Petrov, who is charged with funneling 4 billion rubles ($61 million) abroad, Meduza reports.
"The court ruled to grant the investigation’s request and elect the pre-trial restriction as the custodial restraint...
