News

Latest updates, insights, and analysis.

May 23, 2025

Russian Exports Of Crude Oil To India Increase To An Estimated 1.8 Million Barrels A Day In May

India’s imports of Russian crude oil are expected to reach around 1.8 million barrels per day in May, the highest level in 10 months, according to ship-tracking data from Kpler. The surge is attributed to refiners purchasing more light grades, such as Russia’s ESPO Blend from the Eastern Siberian-Pacific Ocean pipeline. Traders predict that the […]

May 23, 2025

Putin Mobilises Numerous Russian Ministries To Create A Buffer Zone With Ukraine

The Russian President, Vladimir Putin has called for the creation of a buffer zone with Ukraine and has enlisted numerous Russian Ministries and regions of Russia to assist construct in ‘in the shortest possible time’. Putin stated that the Russian Ministries of defence, interior, emergency situations, construction, health, transport, energy, communications, education and other authorities […]

May 23, 2025

Are Russians Becoming More Eurasian Than European? The Societal Implications

As Russia has become estranged from Europe, and attitudes in both directions cool off, a pertinent social question to ask is what is a Russian national – and is that make-up changing? Because if so, this will have long term impacts on Russian consumer behaviour and societal trends – important issues for understanding what the […]

May 22, 2025

Russia Introduces Tax Incentives To Increase Arctic Geological Exploration & Extraction

Russia’s Ministry of Natural Resources plans to propose introducing a 1.5 multiplier for calculating profit tax for geological exploration in onshore Arctic and Far East territories, according to Alexander Kozlov, the natural resources minister. He was speaking at a State Duma session dedicated to the socioeconomic and infrastructure development of the Arctic. The use of […]

May 22, 2025

World’s Third Largest Rare Earths Deposits Restructured Under Russia’s Rosneft

Russia’s Rosneft has acquired Vostok Engineering LLC, which holds the license for the Tomtor rare and rare-earth metals (REM) deposits in Yakutia. Tomtor is one of the world’s three biggest REM deposits and is one of the richest in the world in terms of REM content in ore, as well as the world’s largest niobium […]

May 22, 2025

Joint Russia-Kazakhstan, China Contractor-Built Synthetic Rubber Plant To Target Asian EV Tires Demand

A joint project of Russia’s Tatneft and Kazakhstan’s Samruk-Kazyna wealth fund to build a butadiene plant is to begin its investment phase in July 2025, with China Tianchen Engineering Corporation as its contractor, the Kazakhstan government’s press service has said. Butadiene is a colorless gas and a crucial industrial chemical primarily used to produce synthetic […]

May 22, 2025

Russia To Sanctions-Proof Republic Of Congo Pipeline Investment

Russia hopes to establish a sanctions-proof channel for the supply of petroleum products by building a petroleum product pipeline in the Congo and also to gain the status of a strategic partner in ensuring the energy security of the entire region, Russian Deputy Energy Minister Dmitry Islamov has stated to the State Duma. Islamov was […]

May 21, 2025

Russia Exports To Laos On Track For Significant 2025 Increases  

Illustrating that Russian producers and exporters are gaining more ground in their new-found attitude to seeking out new exports markets, Russia exported over 180 tonnes of canned sardines, sprats and Baltic herring worth nearly US$500,000 to Laos this year to date, according to the Agroexport Federal Centre. This marks Russia’s first ever shipment of canned […]

May 21, 2025

Russian Transactions On Belarus Commodity Exchange Reaches Record Highs

The value of transactions on the Belarusian Universal Commodity Exchange (BUCE) conducted by Belarusian and Russian producers increased 3.4-fold in 2024, while it grew 20% year-on-year in January-April 2025, according to Herman Puzyrny, the deputy head of BUCE’s Foreign Economic Activity Department. Puzyrny said that “Russia traditionally ranks first in trade volume among all countries […]

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