Anglo-Dutch oil conglomerate Royal Dutch Shell is in talks to buy a stake in an oil and gas project from Russia’s state-owned Gazprom Neft, according to three sources familiar with the discussions speaking to Reuters.
Reuters’ sources said Shell is negotiating with Gazprom Neft, Russia’s third-largest oil producer, about acquiring...
Russia's Energia Rocket and Space Corporation (RSC Energia) is ready to offer tickets for a lunar tour aboard the Soyuz spacecraft; they will cost between $150 million and $180 million each, RIA news agency reported citing a source in the space industry.
On Tuesday, Elon Musk’s SpaceX said that Japanese...
After a year of negotiations with authorities and the Russian Federal Antimonopoly Service, American oil services giant Schlumberger seems to be on the brink of concluding a milestone Russia deal, which would greatly fortify its standing as the world’s leading oil services company, OilPrice.com reports.
Although Schlumberger’s purchase of EDC,...
Norebo Holding, one of Russia’s biggest fishing companies, is modernizing the way fish is transported from the Far East by investing $45 million in a shipping terminal in Kamchatka, Undercurrent News reported.
According to Sergey Sennikov, the chief sustainability officer of Russia's largest fishing company, it is establishing a “state-of-the-art”...
Russia’s economic growth will be affected by U.S. sanctions, but the country’s investment-grade rating is unlikely to change in the short term, the head of Fitch Ratings Sovereigns group said on Tuesday, according to Reuters.
Risks of sanctions that could target new Russian government debt have been present for around...
Russia's state-run nuclear corporation Rosatom is planning to order the creation of a robotic installation which would extract rare and hard-to-recover minerals at the bottom of the Arctic, the Russian Foundation for Advanced Research (FPI) said on Monday, according to RIA news agency.
Head of the FPI's project group Viktor...
Russia’s record grain harvest last year and the country’s booming exports are causing losses for American farmers, with an increasing number of agricultural companies across the U.S. forced to shut down, The Wall Street Journal reports.
Russia produced a record yield in the past agricultural year, which ended on June...
Russian billionaire Konstantin Strukov continues the construction works on the 5-star hotel in the bay of Dobra Luka in Montenegro, Radio Jadran reports. Works at the 8,000 square meter site began in March this year, and the completion is scheduled for June 2019, the report says.
The hotel is...
A new e-commerce platform could add 50,000 metric tons of sales volume to the business of Russian Fishery Company (RFC), the country’s largest importer, according to the company’s CEO and co-owner.
Dmitry Dangauer told Undercurrent News that the Rusfishcom app, launched in five regions of Russia earlier this year,...
As the number of internet users in Russia continues to grow, the trend is driving the country’s used car market forward, according to a report by Ken Research.
The report explains that used cars in Russia are mostly sold through online platforms which directly connects customer to customer, meaning that...
