Russian energy minister Alexander Novak has said there is currently no need to take any extra measures or call for an extra meeting by the OPEC/non-OPEC group over the crisis in Venezuela, RIA news agency reports.
"We haven't discussed the situation with minister Falih, or other ministers," Novak...
Russia’s state-owned gas major Gazprom has ended the practice of awarding construction contracts to small businesses, which the company introduced almost two years ago, Interfax reports.
In 2017, the monopoly concluded a series of construction contracts worth around $236 million with three enterprises, in response to the government's demand to...
The Russian State Institute of Drugs and Good Practices, part of the Ministry of Industry and Trade, plans to inspect five British pharmaceutical manufacturers for compliance with good manufacturing practice (GMP) in 2019, the institute’s director Vladislav Shestakov has said, according to RIA.
On Tuesday, the institution signed a cooperation...
Poland’s gas transport operator Gaz-System and Denmark’s Energinet will have to make an additional agreement with Russia’s Gazprom on their joint project, Baltic Pipe gas conduit to reduce Poland’s dependence on Russian gas, Rossiyskaya Gazeta writes.
The project is aimed at reducing the two countries’ reliance on Russian energy. But...
The Russian ruble was stable on Wednesday ahead of the country’s Finance Ministry bond auctions and a U.S. Federal Reserve board meeting, while stocks hovered near record highs days after Washington lifted some sanctions, Reuters reported.
At 0713 GMT, the rouble was 0.1 percent weaker against the dollar at 66.10...
An increasing number of investment projects attracted by Russia’s sturgeon farming market, as well as growing state support are creating a boom in the industry, according to The Fish Site.
Sturgeon has in recent years become one of the most attractive segments of Russian aquaculture, largely due to its high...
The Russian Federal State Statistics Service (Rosstat) has revised up its estimate for growth in the construction sector for the end of 2018 from zero to 5.3% y/y, in a move that raised eyebrows amongst Russian analysts, Intellinews reports.
Rosstat has already been under fire for the poor quality of...
Saudi Arabia's energy minister said on Monday he is hoping Russia will pick up on oil output cuts recently agreed with OPEC despite a slow start, CNBC reports.
"We're committed both to the agreement in December. ... All indications so far so good, the Russians have promised me that they...
Milk production in Russia in 2018 amounted to 30.6 million tons, which is 455 thousand tons or 1.5% more than in 2017, according to data published by the federal state statistics service Rosstat.
The output from agricultural organizations increased by 3.6% to 16.2 million tons, while farm production was...
Russian airline Royal Flight is expected to launch regular flights to Taiwan later this year, the country’s Civil Aeronautics Administration (CAA) said Sunday, according to the Taipei Times.
The agency said it has received a letter from Russia's civil aviation authorities designating Royal Flight to offer regular air services to...
