The Turkish Mediterranean resort city of Antalya has become the most popular foreign destination among Russian airline passengers in January-August 2018, according to data revealed at the Online Travel 3.0 conference, the Association of Tour Operators of Russia (ATOR) has said.
In the reporting period, passenger traffic from Moscow to...
Russian businessmen are ready for wide-scale cooperation with U.S. colleagues, including the high technology sector, Russian Deputy Foreign Minister Sergey Ryabkov said in a late-night political show on Channel One TV on Wednesday.
"I want to confirm the interest of business circles of the two countries toward expanding cooperation and, at...
Ukraine’s state gas company Naftogaz has collected $18 million with Russia’s Gazprom within two months,Yuriy Vitrenko, the company’s commercial director, wrote on his Facebook page.
“By the way, in addition to $2.1 billion which we have already collected with Gazprom according to the decision of the arbitration in the form...
Russia hit a post-Soviet record in its oil production last month, but the country doesn’t plan to raise output further, Oil Price reports citing state-run news agency TASS.
According to Russia’s Energy Minister Alexander Novak, raising output to 12 million bpd is not planned by the end of 2018, or...
Russia’s major nickel and palladium producer, Norilsk Nickel (Nornickel), may launch its own cryptocurrency backed by its metals next year, company CEO Vladimir Potanin said in an interview with Kommersant business daily.
Nornickel’s cryptocurrency is going to be a stable coin, a type designed to minimize volatility, Potanin told the...
Falling demand for cigarettes in Russia and a shrinking market due to rising prices has forced British American Tobacco Russia (BAT Russia) to close its factory in Saratov, SPBDnevnik reported last week, citing state-run.
Representatives of the company wrote about the move on their official website, saying that the Saratov...
A $15 billion liquefied natural gas (LNG) plant is planned by Russia's Rosneft and U.S. oil giant ExxonMobil as a consortium with Indian and Japanese partners, spreading the estimated cost, two sources familiar with the talks told Reuters.
Rosneft, Exxon, Japan's SODECO (owned by Japex) and India's ONGC Videsh are...
A second round of mandatory U.S. sanctions on Russia planned for next month could block U.S. imports of Russian oil and ban international bank loans to Moscow, S&P Global Platts reports.
The United States imported 347,000 b/d of refined products and 107,000 b/d of crude from Russia in July, according...
German Chancellor Angela Merkel is making a move to open up Germany's market to U.S. gas companies, following U.S. President Donald Trump’s efforts to loosen Russia’s hold on Europe’s energy markets, The Wall Street Journal reported.
Merkel told a group of lawmakers over breakfast in October that her government will...
The CEO of Russian energy giant Gazprom, Alexei Miller, has said that Serbia could connect to the company’s TurkStream gas pipeline, which goes from Turkey through the Black Sea, Oil Voice reports.
"Yes, such a possibility exists. As you know, the Turkish Stream envisages the construction of two branches of...
