Diamond Sales in May Down Sharply Compared to Last Year: Alrosa
Russian diamond producer Alrosa expects its sales for May to total tens of million dollars, down sharply from May 2019...
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Lukoil Confident It Will Overcome Low Prices Successfully
Vagit Alekperov, president of Lukoil, is confident that the company will successfully overcome the cycle of low oil prices and...
Yandex’s Fuel Payment Service Booms as Russians Go Contactless in Pandemic
Russian internet giant Yandex has seen a surge in use of its contactless payments service at petrol stations during the...
Russia’s Coronavirus Cases Exeed 370K, New Infections Stabilizing
Russia confirmed 8,338 new coronavirus infections Wednesday, bringing the country’s official number of cases to 370,680, The Moscow Times reports. Over the...
Global Oil Majors to Extend Cuts beyond June: Novak
Russian Energy Minister Alexander Novak met with domestic major oil companies on Tuesday to discuss the implementation of global oil...
Russia to Drill Idle Oil Wells Once OPEC Deal Expires
The Russian government has tentatively approved a plan on drilling idle oil wells in order to prepare for the restoration...