Bank of Russia Cuts Interest Rates to 6%
The key interest rate has been reduced to 6% per annum, already the Bank of Russia, as confirmed by Bank’s Chairman Elvira Nabiullina, may move …
Azerbaijan Reconsiders OPEC+ Meeting amid Coronavirus Outbreak
The head of the Ministry of Energy of Azerbaijan, Perviz Shahbazov, believes that there will be no early ministerial meeting in the OPEC+ format due …
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Peskov Says Moscow-Minsk Relations Are ‘Really Very Emotional’
The question of relations between Moscow and Minsk is “really very emotional,” said Dmitry Peskov, spokesman for the Russian president, RIA Novosti reported. The Kremlin …
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PM Mishustin Earned $35mn During Spell at UFG, Partner Claims
Russia’s new prime minister Mikhail Mishustin earned more than $35 million from his two-year spell at Russian investment group UFG, his former colleagues have told …
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Russia to Launch Space Billboards in 2022
The first two microsatellites with laser diodes, which will make it possible to write messages in the sky similar to ones on billboards, will be …
U.S. Considers Sanctions on Rosneft amid Fears of Market Chaos
Washington is still deciding on whether to sanction Russia’s biggest oil producer, Rosneft, for maintaining ties with Venezuela’s Nicolas Maduro, though U.S. officials are wary …
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Moscow Exchange Raises Gapzrom’s Free Float Factor to 50% from 46%
The Moscow Exchange has revised the index free float (number of ordinary shares allowed in free float) of Russian energy giant Gazprom to 50%, it …
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Lukoil Negotiates Refinery Reconstruction in Cameroon
A delegation of Russian oil major Lukoil’s executives met with the Cameroonian Minister of Water and Energy Gaston Eloundou Essomba this week, with both sides …
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Russia Aims to Double Coal Exports to China
Russia is looking to double its coal exports to China, effectively competing with Indonesia, Australia, and the United States, Finanz.ru reports. Although neither the world’s …
Russia Worried by EU Carbon Tax: Official
A top Kremlin adviser has urged Russia’s business giants to start adapting now if they want to continue selling their wares in the European market …