Thursday, June 25, 2026
A total of 245 Russian citizens and 439 legal entities are currently under U.S. sanctions, a senior official from the Russian Foreign Ministry said Monday, according to NTV. Since 2011, the United States has imposed 52 rounds of sanctions on Russia, Georgy Borisenko, director of the North American Department of...
One of Turkey's largest construction companies, Ronesans Holding, has signed four agreements for projects in Russia worth more than $2 billion, the Turkish holding announced over the weekend, according to Anadolu agency. The conglomerate signed agreements for projects of the Amur Gas Processing Plant, Administrative Divisions of Moscow and Trams in...
Oil fell on Monday and was headed for its longest run of losses in almost four months as Saudi Arabia and Russia said they are discussing reviving output to ease consumer anxiety after prices jumped to levels last seen in 2014, CNBC reported. Last week, Brent futures traded above $80 a...
Russia’s Gazprom has signed a protocol with the Turkish government on the land-based part of the transit leg of the TurkStream gas pipeline, the company has said. According to the statement, Gazprom had also agreed with Turkish firm Botas to end an arbitration dispute over the terms of gas supplies...
The European Commission (EC) said on Thursday that it concluded a long-running antitrust investigation into Gazprom’s dominance in regional gas markets, by reaching a settlement with the Russian energy giant, TASS reported. Officials in Brussels said the company had accepted a series of concessions, but unlike with competition inquiries...
Russia’s biggest bank, Sberbank, is set to pilot an Initial Coin Offering (ICO)on its central bank’s regulatory platform, which was designed to test unregulated tech since its launch last month, NewsBTC reported. The bank and the National Settlement Depository (NSD) will test the issuance of an ICO, while the issuer...
The Russian subsidiary of Dutch telecom operator Veon expects its business in the country, which is biggest market, to slow in coming quarters as the Russian economy is struggling to gain momentum, Financial One reported. According to the head of the group’s Russian business, Veon’s cashflow would be hurt as...
Almost two thirds (65%) of American companies operating in Russia consider the country to be a strategic market for their business, while almost a quarter (24%) think of Russia as a key market, a surveyby the American Chamber of Commerce in Russia (AmCham Russia) shows. According to RIA news...
A further spike in global oil prices can be prevented if Russia and OPEC’s leader Saudi Arabia act together, Russia’s top state investment official said on Friday, Reuters reported. According to Kirill Dmitriev, the head of Russia’s sovereign wealth fund RDIF, joint coordinated action to drive down prices would make...
French energy giant Total agreed on Thursday to increase its role in liquefied natural gas projects in the Arctic with Russian firm Novatek, Vedomosti reported. The deal will see Total take a 10 percent direct stake in Novatek's Arctic LNG 2 project on the Gydan Peninsula in the north of...