Russian oil producer Tatneft has cut its output by around a fifth this month, before a global supply deal takes effect in May, because storage …
Tatneft Begins Cutting Oil Output Ahead of OPEC+ Schedule Read More »
The Russian government is doing its utmost to support all groups of the country’s population, without distinguishing any privileged class, Russian presidential spokesman Dmitry Peskov …
Kremlin: Government Has No Special Plan to Support Middle Class Amid Pandemic Read More »
The Russian soccer league says it is hoping to resume play in late June and wants to complete its season by Aug. 2, CAN reported. …
Russian Soccer Federation Presses for Season Resumption in June Read More »
Russian President Vladimir Putin has ordered the government to consider lowering VAT on processed feedstuff from the current 20% to 10%, All About Feed reports. …
Authorities Considering State Support for Russia’s Feed Sector Read More »
Desperate small and medium business owners in Russia are complaining that the government’s promised help in coping with the coronavirus lockdown has been slow to …
Russian Business Owners Not Happy with Government’s Help as Crisis Bites Read More »
Russia’s retail sales rose more than expected in March spurred by panic buying ahead of the lockdown to stem the coronavirus outbreak and as the …
Panic Buying Amid Pandemic Spurs Russia’s Retail Sector in 1Q20 Read More »
There are no reasons for oil prices to return to high levels but the new OPEC+ oil production cut deal can make fluctuations smoother, press …
Russia Sees no Reason for Jump in Oil Prices: Kremlin Spokesman Read More »
Real disposable income of Russians was down by 0.2% in 1Q20, latest data by state statistics agency Rosstat shows, according to bne Intellinews. Real disposable …
Russians’ Disposable Income in Slight Decline in 1Q20 Read More »
Oil and gas explorer PetroNeft has suspended its testing and well re-entry program in Russia due to the coronavirus pandemic, after finding a gas deposit …
Irish-based Oil Firm PetroNeft Finds Gas in Russian Field Read More »
Russia’s Business Ombudsman Boris Titov has called on the government to end the lockdown imposed to curb the spread of the coronavirus and reopen the …
Business Ombudsman Titov Calls for End of Lockdowns as Economy Suffers Read More »
