News

Oil production in Russia to reach 517 mln tonnes in 2021 — minister
In 2021, both the global economy and the domestic economy are recovering, despite coronavirus waves, Russian Energy Minister Nikolai Shulginov noted.
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Sputnik V produces wider range of protective antibodies to COVID, developer says
Alexander Gintsburg explained that there were differences between an mRNA-based vaccine and Sputnik V in the construction of the S-protein coding gene.
Business in Russia
Russian Inflation Jumps to 8.1%
Prices are accelerating at the fastest pace in almost six years.
Business in Russia
Global economic losses from pandemic top up to $10 trillion, says Russian Accounts Chamber
Head of the Russian Accounts Chamber Alexei Kudrin said that the health systems of the countries around the globe have demonstrated unreadiness for the pandemic.
Business in Russia
Russia Faces $2T in Stranded Hydrocarbon Assets in Net Zero World
Researchers say more than half of Russia’s oil and gas infrastructure could be worthless within the next 15 years.
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Russian delegation in Glasgow can declare change in CO2 emission reduction goals
It was noted that Russia’s emissions were at the level of 53% from the 1990 level.
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Putin urges to build up practices to absorb greenhouse gas emissions
Russia recently made a decision to implement a new program of raising the economy’s energy efficiency through 2035 to become a key element for the country to turn carbon neutral no later than 2060.
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G20 countries endorse OECD’s proposal to introduce global corporate tax rate of 15%
The heads of the G20 countries’ financial departments approved a plan on reforming the taxation of international groups of companies.
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Putin considers efficiency of energy production most important factor in economic growth
The Russian president noted that the forum would focus on the possibility of developing green energy based on renewable sources and the transition to new, more environmentally friendly fuels.
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Export prices for Russian wheat rose to nine-year high, experts say
Last week, prices for wheat with 12.5% protein in deep-water Russian ports rose by $6.
Business in Russia