Latest updates, insights, and analysis.
Russia and Burkina Faso have formalized a deal to expand peaceful nuclear energy cooperation, including joint projects in radiation technologies and the training of specialists from Burkina Faso. The agreement was signed on Thursday (June 19) by Alexey Likhachev, CEO of Russia’s state nuclear corporation Rosatom, and Burkina Faso’s Energy Minister Yacouba Zabré Gouba in St. Petersburg. […]
The transport of goods in containers in international traffic throughout the Commonwealth of Independent States (CIS) increased by 15.5% in 2024, to 72.3 million tonnes, according to Oleg Belozerov, Head of the Council and Head of Russian Railways. Belozerov was speaking at a meeting of the Council on Railway Transport of the Commonwealth member States […]
Russia’s FESCO Transport Group has opened an office in Dalian, China, with the aim of developing container transportation and expanding the logistics presence in China’s industrial northeast. The facility will focus on the operations of the regular FESCO China Direct Line-2 (FCDL-2) marine service, which connects Dalian, as well as Rizhao, Lianyungang, and Xingang, with […]
Russia is ready to enlarge exports to Indonesia and is interested in joint investment projects, including those in the fuel and energy sector, Russian Foreign Minister Sergei Lavrov has said, following meetings with Indonesian Foreign Minister Sugiono. Lavrov stated that “We have underlined our readiness to enlarge exports of Russian products to the Indonesian market, […]
Russian energy companies could help modernize and restore the Cuban energy system, the Russian Energy Ministry said following a meeting between Energy Minister Sergei Tsivilev and Cuban Foreign Trade and Investment Minister Oscar Perez-Oliva Fraga. The parties discussed the involvement of Russian companies in the construction of a new 200 MW power unit and overhauling […]
Gazprom CEO Alexei Miller has discussed Russian gas supplies to Slovakia with SPP CEO Vojtech Ferenc. SPP is Slovakia’s largest natural gas supplier, engaged in gas and electricity trading, transportation, and storage. Slovakia owns 100% of the company’s shares. As we reported earlier, the European Commission has proposed ending Russian gas supplies to member countries […]
The BRICS energy alliance has launched a coordinated system of Petro-Yuan (Chinese RMB Yuan currency) oil contracts that directly challenges US dollar dominance in global energy markets. The BRICS controls 46 million barrels per day of oil production and is implementing BRICS plus currency shift mechanisms through Yuan-denominated contracts, Indian Rupee – Russian Ruble swaps, […]
The European Commission is preparing to ban new gas supplies with Russia, which includes the banning the signing of any new contracts with pertinent gas suppliers with immediate effect, and terminating all longer-term contracts by January 1, 2028. However, this initiative is planned to be implemented in such a way as to avoid the possibility […]
North Korea will send thousands of engineers and military personnel to Russia’s Kursk Region to assist in demining operations and reconstruction efforts, Russian Security Council Secretary Sergey Shoigu said on Tuesday (June 17). He has been in Pyongyang to discuss investment and security issues with the North Korean leader, Kim Jong-un. North Korean troops fought […]
Russian Transport Minister Roman Starovoit has stated that Russian airlines are to sign contracts for 200 MS-21 aircraft, with the certification process for the aircraft already underway. He was speaking at the 2025 St. Petersburg International Economic Forum (SPIEF). Western aircraft manufacturers have lost the Russian market after Western countries imposed bans on aircraft from […]
A general contract with Rosatom to build a nuclear power plant in Kazakhstan will be signed after the conclusion of intergovernmental agreements to regulate bilateral cooperation and financing issues, according to the Kazakh Nuclear Energy Agency (NNC) They have stated that “This contract will be signed after the conclusion of intergovernmental agreements between Kazakhstan and […]
Russia’s H&N (Health & Nutrition), which incorporates the former assets of France’s Danone that exited Russia, increased its revenue 21.6% to over ₽140 billion (€1.54 billion) last year, while production grew 20.6% to nearly 950,000 tonnes. Danone, which had operated successfully in Russia for over 30 years, completed its Russian business sale to Vamin R LLC of Tatarstan […]
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