Russia’s independent gas producer Novatek is facing challenges in trying to secure an uninterrupted flow of LNG from its production facilities in Russia’s Arctic, Maritime Executive reports.
The company is striving to occupy a share in the fast-growing global market of LNG and has commissioned the second and third...
The U.S. State Department’s Special Representative for Ukraine negotiations, Kurt Volker, says both Washington and Brussels could impose additional sanctions on Russia as early as February in case Moscow refuses to release Ukrainian sailors captured during an incident in the Azov Sea in November, RFE/RL reported.
Volker said the...
Sheremetyevo introduced WeChat Pay at 54 stores across the airport, following the partnership with Yandex Kassa. WeChat Pay is a service that works as an electronic wallet, based on the Chinese WeChat messenger, rb.ru informed.
Payment for purchases via WeChat Pay is contactless and done via QR codes. The new...
Russia began reducing investments in U.S. government bonds again in November, data from the U.S. Treasury Department reveals, according to Ura news agency.
In November, Russia's total investment in U.S. securities amounted to $12.814 billion, a decrease of $1.8 billion compared to October. Of this amount, 3.75 billion were invested...
Russia’s Central Bank is discussing with banks the reduction of the cost of servicing the locally-issued Mir (World) debit card for individuals to a level lower than that of international payment systems, Vedomosti writes citing the first deputy chairman of the Bank of Russia Olga Skorobogatova.
“We are conducting a...
The export duty on oil in Russia from February 1 has been reduced by $8.3, to $80.7 per ton, according to data of the Ministry of Economic Development, Interfax reports.
In January, the export duty on oil was $89 per ton.
The preferential tax rate on oil in Eastern...
Major Russian eSports company ESforce, acquired in early 2018 by Mail.ru Group, said it is sold one SK Gaming, one of its key assets, to German automotive giant Daimler and football club FC Köln (FC Cologne), Intellinews reports.
The terms of the recent transaction were not disclosed, but Russian business...
In his first trip to Russia and his first foreign tour after assuming office last October, Iraqi Foreign Minister Mohamed Ali al-Hakim called on Russian companies to help Iraq’s industry recover and develop Kommersant reports.
The Iraqi minister visited Moscow, where he held talks with his Russian counterpart Sergey...
Space tourists who plan to carry out a suborbital flight from Russia won’t need long training, with preparation possible in just one day, the head of Russian company CosmoCourse Pavel Pushkin has said, according to TASS news agency.
CosmoCourse wants to engage in space tourism from 2025, with plans underway...
Russia and Algeria have discussed the possibility of starting production of the Russian Lada car in that African country, Russia’s energy minister Alexander Novak, who also serves as co-chairman of the intergovernmental commission with Algeria, told reporters, according to Rossiyskaya Gazeta.
"We also discussed the possibility of setting local production...















