News

EU’s embargo on petroleum products to affect revenues more than refining volumes
In 2021, Moscow exported 144.5 million tons of oil products, according to data provided by the Russian Federal Customs Service and the national statistics service Rosstat.
Business in Russia
EU embargoes Russian petroleum products, sets price cap
Price levels will be revised once in two months.
Business in Russia
G7, Australia set to review price cap on Russian crude in March — statement
G7-Australia joint statement says price cap coalition intends to revise prices to ensure it continues to hit its targets.
Business in Russia
Russia’s coal production rises by 0.4% to 437 mln tons in 2022
The output of hard coal of all types decreased by 3.6% year-on-year to 348 mln metric tons.
Business in Russia
Bank of Russia sells foreign currency worth $45.62 mln with settlements on Jan. 17
The Russian Ministry of Finance resumed foreign exchange sales operations on the domestic currency market on January 13 as part of the new fiscal rule mechanism.
Business in Russia
Business in Russia
Europe pays highest prices for petrochemicals after Russian companies left it – Sibur
The executive director of the company Sergey Komyshan considers this, among other things, a consequence of the imposition of sanctions against Russia.
Business in Russia
Business in Russia
Russia to continue developing microelectronic equipment
One of the key tasks for the near term is to master production of required domestic modern equipment.
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EAEU countries agree to establish traceability mechanism
The Kazakh party presented the "traceability passport" functionality of the national system of goods recordkeeping.
Business in Russia