Russia’s state energy giant Rosneft has agreed to supply up to 500,000 barrels a day of various crude oil grades, under a ten year contract, to Indian private refiner Reliance. Worth roughly US$13 billion a year at current prices, the energy deal is the biggest-ever between Moscow and New Delhi. Under the decade -long agreement, […]
Russia, India Agree Massive Ten Year Oil Refining Contract Read More »
Russia’s Uralchem Group has delivered a humanitarian shipment of 55,000 tonnes of fertiliser to Sri Lanka. The shipment arrived in Colombo on December 12, and has been handed to the Sri Lankan government for distribution to its agricultural sector. The country has faced agricultural shortages since a previous administration inexplicitly banned the importation of fertilizer
Russia has increased its exports of wheat to Africa by 35% in 10M this year, reaching over 21 million tonnes, according to the Russian Agriculture Ministry’s Agroexport center. Egypt, Algeria, and Kenya were the main importers of Russian wheat in Africa, but supplies also increased 6-fold to Morocco, and by 3.7 times to Nigeria. Of
Russia’s FESCO Transportation Group has established a marine container service between Novorossiysk and the Kenyan port of Mombasa on the East African coast. The first consignment of FESCO containers is already being loaded in Mombasa to ship Kenyan tea to Russia. The overall transit time between Mombasa and Novorossiysk is around 43 days. The bulk
Russia Launches Shipping Service Between Novorossiysk and Mombasa Read More »
The United States and European Union have green-lit a decision to pass interest earned by Russian securities frozen in the US and EU to Ukraine, to use in order to repay a US$20 billion loan. We examine the implications and the potential global fallout over this unprecedented financial development. The Total Amount Due The US
The Eurasian Economic Union (EAEU) has reached an agreement on a draft document regarding e-commerce in goods within the EAEU territory which sets unified requirements for the operations of EAEU marketplaces. The EAEU includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia and fits the geographic space between Eastern Europe and Western China. It has a population
Eurasian Economic Union Reaches Agreement on Unified E-Commerce Read More »
Zimbabwe is looking for Russian assistance to build its own spaceport and send its first astronaut into orbit within the next decade, according to Painos Gweme, the director of Zimbabwe’s National Geospatial and Space Agency (ZINGSA). Gweme has stated that Zimbabwe has begun negotiations with Russia’s national spaceflight corporation, Roscosmos, about planned projects, including sending
Zimbabwe Wants Russian Assistance With African Space Programme Read More »
The geophysical division of TNG-Group, part of the Tatarstan-based oilfield services holding Tagras Holdings, plans to resume operations in India, the company has said following discussions with Oil India, the country’s largest oil producer. TNG-Group and Oil India previously collaborated on the processing and interpretation of seismic data. The geophysical division of Tagras has also
Russia’s Tagras Holdings To Resume Oil Exploration In India Read More »
Russia’s SIBUR, a major integrated petrochemicals company, is finalizing tests of experimental tires made with synthetic rubber instead of natural rubber in collaboration with its partners and plans to present the results in 2025. Daria Borisova, SIBUR’s Managing Director for Development and Innovation, said that preliminary results from bench, test site and durability tests confirm
Asia’s Rubber Exports To Russia To Decline As SIBUR Looks To Introduce Synthetics Read More »
Russia has boosted exports of honey 43% year-on-year to achieve an all-time high of 4,000 tonnes in the eleven months January-November 2024, the Agriculture Ministry’s Agroexport center has stated. The main importers of Russian honey during 2024 have been Slovakia at 26% of the overall supply, Serbia at 21%, and China at 16%. There are
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