One of Russia’s biggest steel producers, MMK, has decided to put the launch of a lucrative project in Turkey on hold due to the uncertainty created by global trade wars, Andrey Eremin, the company’s director for economics, told Reuters in an interview.
The company was supposed to re-launch hot-rolled steel...
A Russian tanker arrived in East China’s Jiangsu Province after 23 days at sea, delivering the first direct shipment of natural gas from Russia’s Yamal LNG in the Arctic, CGTN reports.
China is on track to become the world’s biggest importer of natural gas, in an effort to diversify its...
Russian food could soon begin to be exported to South Africa, Agriculture Minister Dmitry Patrushev has said at the sidelines of the BRICS summit in Johannesburg, Interfax reports.
The minister added that an agreement on cooperation in the fishing and mariculture sectors is planned to be signed by governments of...
Russia’s shipping and construction conglomerate Summa Group, which is managing the assets of arrested Russian tycoon Ziyavudin Magomedov, is negotiating the sale of the Nakhodka port with structures close to another oligarch, Dmitry Bosov, Vedomosti business daily reports.
According to four people close to various sides of the negotiations, another...
Two Icelandic companies, Skaginn 3X and Frost hf., will provide processing and freezing solutions and equipment for a fish processing plant in Petropavlovsk in Russia’s Kamchatsky Region, Iceland Monitor reports.
The companies have signed an agreement this week with Russian cooperative Lenin Kolkhoz at the Icelandic embassy in Moscow. The...
The average monthly salary in the Russian crypto industry has dropped by 40 percent from 2017 levels, data released by the recruiting platform hh.ru reveals.
According to Izvestya, the data shows employers are generally paying less for securities analysts, project managers and legal experts – 100,000 rubles ($1,600). PR...
Armenia is going to pay the price for its political leadership’s warming to Europe and distancing from Moscow with raised Russian gas prices from next year, Azer News reports.
According to the news agency, the government’s calculation of financial reinforcement caused by the growth of European sympathies for Yerevan...
Russian oil giant Lukoil has reported that the first well drilled from the wellhead platform installed during the second-phase development of the Yury Korchagin oil field in the Caspian Sea off Russia, Oil and Gas Journal reports.
A jack-up drilled the well to 5,217 m MD with a reach of...
South Africa and Russia have recommitted themselves to the continued implementation of their MoU on Platinum Group Metals, Mining Journal reports.
This follows the third annual PGMs conference which took place in Johannesburg.
The conference, which was held in the lead-up to South Africa hosting the 10th annual BRICS Summit, agreed...
