News

Export cargo loading on Russian Railways’ network up 3.2% to record 490 mln tonnes in 2021
Over the past decade export railway shipments added one quarter.
Business in Russia
Russia to produce 10.1 mln barrels of oil per day in January — Deputy Prime Minister
During the meeting on January 4, 2022, the countries participating in the OPEC+ agreement approved a plan to increase production by 400,000 barrels per day for February 2022.
Business in Russia
Russia spent about $11.15 bln on coronavirus in 2021
First, the funds were directed to provide medical care to the population.
Business in Russia
Gas reserves in European UGS record low, Gazprom says
More than a half of gas volume injected last year has already been withdrawn from underground storages in Europe, the company revealed.
Business in Russia
Russia’s GDP slowing down to 2.4% in 2022 — World Bank
Risks to the baseline forecast for Europe and Central Asia remain tilted to the downside, the report shows.
Business in Russia
Novatek signs agreements on LNG supply from Arctic LNG 2 with two Chinese companies
The contract with Zhejiang Energy stipulates the supply of up to 1 mln tonnes of LNG per annum for a term of 15 years, whereas the agreement with ENN Natural Gas stipulates the delivery of approximately 0.6 mln tonnes of LNG per annum within 11 years.
Business in Russia
Kremlin has no plans on regulating social networks in Russia due to events in Kazakhstan
Dmitry Peskov also noted that "the social networks bear just as much evil as good".
Business in Russia
Russia’s Economy Set to Face Old Problems in New Year
After a swift recovery from the coronavirus recession, the Russian economy is facing a familiar set of challenges.
Business in Russia
Russia ready to boost production and supplies of gas to meet demand in EU — deputy PM
Alexander Novak mentions that the increase of production is complicated by the EU policy sought to reduce the demand.
Business in Russia
Growth of loan rates will be lower than inflation rate growth - Bank of Russia
Speaking about the cost of housing, the head of the regulator made a forecast that the growth in housing prices would significantly slow down.
Business in Russia