A major tax overhaul in Russia’s oil industry is about to start pressuring the earnings of major oil companies, Platts reports. According to the report, refiners will be hit hardest as the overhaul will increase the tax burden on downstream operations while the upstream sector will see taxes shift...
Sheremetyevo Airport will provide free parking for electric vehicles during the 2018 FIFA World Cup, and for the summer season as well, the Airport’s press service said.
“As a part of the preparations for the 2018 FIFA World Cup, the first fast charging station of the single charging infrastructure of...
This week, as hundreds of millions of fans around the globe watch the event some international sports analysts have dubbed “the largest shared experience in the world,” the FIFA World Cup, tens of thousands of people coming to Russia to watch and participate in live matches will arrive in...
Sheremetyevo Airport will begin to reconstruct its Terminal F in 2021, the airport's general director Mikhail Vasilenko said, Interfax informs.
“We will put it (Terminal F) for reconstruction in 2021. But in order to begin the reconstruction, it is necessary to create conditions for foreign passengers, so that there is...
Russian President Vladimir Putin plans to meet Saudi Crown Prince Mohammed bin Salman when he visits Russia for the opening of the soccer World Cup, Kremlin spokesman Dmitry Peskov told reporters on Wednesday.
Peskov said the two would discuss the global oil production cut agreement which Saudi Arabia and Russia...
The Central Bank of Cyprus has not ordered banks to close accounts of offshore companies, a spokesman for the regulator told Russian newspaper Vedomosti, commenting on media reports saying that the country’s regulatory has begun a clampdown on offshores.
In early June, Russian media reported, citing a Telegram channel dedicated to...
Nord Stream 2, the contested $9 billion Russian gas pipeline, has secured the permit to build and operate the Swedish portion of the project in the Swedish Exclusive Economic Zone (EEZ), Oil & Gas Journal reports.
The 1,230-kilometers-long pipeline system will transport natural gas from Russia to the European Union.
The...
Austrian energy group OMV will seek talks with Norway about its planned asset swap deal with Gazprom in order to address Oslo’s concerns, OMV’s chief executive officer has said, according to Reuters.
OMV agreed to swap 38.5 percent of its Norway assets for 24.98 percent of the Russian company’s Urengoy gas...
Russia’s Federal Air Transport Agency issued a permit to Moscow’s Domodedovo airport to open the first phase of a new segment of the passenger terminal (T2), RIA Novosti reported.
According to the airport administration, issuance of a permit for commissioning is a confirmation that the new terminal is ready for...
Oil prices rose for a second day on Tuesday and volatility subsided to its lowest in three weeks, Reuters reports.
As investors were preparing for a key meeting of the OPEC producer group next week, crude remained in a tight trading range, in line with the broader financial markets, which...
