Business News
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Deposits geographically closer to Asian markets are a priority, natural resources minister says © Sputnik / Pavel Lvov Russia plans to…
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28.12.20220 127
Russia to divert metals away from West
The Trade Ministry names new export destinations, and says talks on supplies are underway An employee works at the electrolysis…
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28.12.20220 110
Türkiye announces massive natural gas discovery
Ankara has increased its initial assessment of an offshore deposit in the Black Sea and found a new gas field…
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27.12.20220 118
Russia assesses chances of frozen assets return
The central bank has proposed giving banks more time to create reserves in the event the funds are irretrievable The…
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27.12.20220 122
Putin bans all oil sales to ‘price cap’ states
The move is in response to a Western coalition price-limit on Russia’s seaborne oil exports FILE PHOTO: Oil pumping jacks…
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27.12.20220 100
Iran reveals plans to enter Russia-led free trade zone
Cooperation between Tehran and the Eurasian Economic Union has accelerated since the start of 2022 © Morteza Nikoubazl / NurPhoto…
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27.12.20220 123
Gazprom reports record output at offshore gas field
The Kirinskoye deposit in Russia’s Far East has reached a production rate of 9.3 million cubic meters per day, according…
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27.12.20220 113
Oil rises as China lifts Covid restrictions
Beijing has said it will end quarantine for travelers in January © Getty Images / SimonSkafar Global oil prices climbed to…
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27.12.20220 100
Ukraine to hike transit fees for Russian oil to EU – Transneft
Kiev cited the destruction of the country’s energy infrastructure as the main reason behind the decision © Sputnik / Aleksey Babushkin…
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27.12.20220 113
Russian firms report improving business climate
Most of the country’s leading companies believe the situation will further improve in 2023 despite Western sanctions, says consultancy Yakov…