China wants to import more Russian natural gas via the Power of Siberia pipeline, senior Gazprom executive Elena Burmistrova said on Tuesday, according to Reuters.
"Our Chinese partners are very much interested in additional imports," she told reporters at a press conference regarding the gas giant’s plans to enter Asia...
The world’s second-largest aluminum producer, Rusal, has named a controversial former Russian ambassador to Guinea to head its unit in the West African nation, Bloomberg reports.
According to the news outlet, the move is raising local fears of Russian influence on next year’s presidential elections.
Alexander Bregadze, who served as...
The wife of a French banker Philippe Delpal, who has been held in a Russian jail since February on controversial fraud charges, has called the case against him "trumped-up", AFP reports.
The senior executive at private equity group Baring Vostok was arrested along with American founder and CEO Michael...
Russia’s oil exports via Transneft pipelines, including Druzhba, dropped 6% during May 1-26 versus the April average, industry sources told Reuters. According to the news agency, the country’s oil production continues to feel the pressure from lower exports after shipments via the Druzhba pipeline to Europe were found to...
A long-discussed deepwater port project near the Russian enclave of Kaliningrad on the Baltic Sea has won the support of President Vladimir Putin, Kommersant reports.
The construction of the shipping hub with a 48-million-ton capacity and linked infrastructure including railway and roads may cost more than $3.1 billion (200 billion...
U.S. investor Michael Calvey, who is currently under house arrest on suspicion of embezzling money from Russia's Vostochny Bank, will ask investigators to be released in order to take part in the upcoming St. Petersburg International Economic Forum (SPIEF), RBC reported.
Calvey’s company, equity fund Baring Vostok, told the news...
Housing construction and industry were the two prime growth drivers last month with volumes of the former up by 6.7% y/y (0.6% in March) and industrial production jumping by 4.6% y/y on higher oil and gas output and the calendar factor, BCS Global Markets said, commenting on the latest...
The risk that Russia’s economy will fall into recession in the third quarter of this year is lower, according to a new macroeconomic forecast by the Plekhanov Russian University of Economics. Still, experts say that a significant slowdown in GDP growth is possible, Izvestia writes.
According to the forecast,...
A 50% drop in charter arrivals from Russia was witnessed in India’s Goa during the recently concluded holiday season compared to the previous year, the Times of India reports. According to official data, 62,000 less Russian tourists visited Goa’s tourist resorts.
Local officials say that the season’s bright spot was...
Russian Deputy Foreign Minister Sergey Ryabkov says the country is ready to submit specific proposals in order to resolve the issue of Mexico's anti-dumping measures into steel product imports from Russia, RIA Novosti reported.
"We drew the attention of Mexican colleagues that, from our point of view, the situation...
