Norilsk Nickel (Nornickel) is the leader in Russia’s metals and mining industry, as well as the largest palladium and high-grade nickel producer and one of the largest producers of platinum and copper. Nornickel also produces cobalt, rhodium, silver, gold, iridium, ruthenium, selenium, tellurium, and sulfur. It has confirmed plans to develop major projects in Russia […]
India’s Minister of Defence, Rajnath Singh has described Russia as a “longtime and reliable partner” in the security and defence sector. Speaking on the sidelines of the Aero India show that is currently underway in Bangalore, Singh highlighted the strong ties between the two countries, noting that Indian state-owned defence companies are now producing Russian
India Now Producing Russian Weapons: Defence Minister Read More »
According to the Egypt Upstream Gateway, which operates on behalf of the Egyptian Petroleum and Mineral Resources Ministry, Russia’s Lukoil is interested in acquiring Egypt’s South Wadi El-Sahl block. A memorandum of understanding for the project is expected to be signed during the Egypt Energy Show (EGYPES), which takes place in Cairo on February 17-19.
Lukoil Expected To Sign New Egyptian Oil Concession Read More »
Russia suspended its double tax treaties with numerous ‘unfriendly’ countries in 2022, a decision that created some shock waves at the time as these agreements prevented the taxing of income in both Russian and mainly Western-aligned countries. As was shrewdly observed at the time “Why should Russia treat unfriendly foreign nations to tax reductions when
Russia 2025 Double Tax Treaty Agreements: An Update Read More »
Russian auto factories increased production of all types of vehicles by 16.5% during 2024, with the production of some types of cars increasing while others, began to be assembled less. The domestic automobile industry has great potential for further growth, but increasing production volumes will largely depend on the general situation on the market. Last
Russia’s Auto Manufacturing Sector Grew By 16.5% In 2024 Read More »
Russia’s nuclear energy giant Rosatom has offered technology transfer to India for small modular reactors (SMR), as the country looks to boost nuclear energy generation. Rosatom is exploring the feasibility of setting up SMRs in the coastal areas of India, according to Indian media. Rosatom is currently developing India’s largest nuclear energy facility – the
Russia Proposes Small Nuclear Modular Reactors For India NPP Development Read More »
The Russian government has contracted for the design and construction of a road bridge over the Tumannaya River in Primorsky Krai on the border with North Korea, which is to be built by December 31, 2026. The order was signed by Russian Prime Minister Mikhail Mishustin. TonnelYuzhStroi has been designated as the sole contractor of
Zimbabwe is working with the International Atomic Energy Agency and Russian investors to establish nuclear energy as part of its efforts to end the country’s chronic power shortages, government officials have stated. Edgar Moyo, Zimbabwe’s Minister of Energy and Power Development, has said that the government was working to establish nuclear power station as part
The Russian Prime Minister Mikhail Mishustin has been on a three-day trip to Kazakhstan, highlighting the work of the intergovernmental commission on economic cooperation between the two countries. He said that bilateral trade turnover between Russia and Kazakhstan exceeded US$26.34 billion in 2024, adding that “Russia occupies a leading position among Kazakhstan’s foreign trade partners.
Russia-Kazakhstan 2025 Trade, Energy and Investment Updates Read More »
Russia’s State-Owned Shipbuilders, the United Shipbuilding Corporation (USC) are constructing 120 vessels as part of its national civil shipbuilding remit, according to USC CEO Andrei Puchkov. He was speaking at a meeting with Russian Prime Minister Mikhail Mishustin. Puchkov said that “In terms of USC’s civilian orders, our shipyards are building about 120 different types
Russia’s State-Owned Shipbuilders Constructing 120 New Merchant Marine Vessels Read More »
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