News

Russia’s Tagras Holdings To Resume Oil Exploration In India

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 […]

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Asia’s Rubber Exports To Russia To Decline As SIBUR Looks To Introduce Synthetics

Asia, Imports, Investment, Russian Market

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

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Russia Exports Record Amounts Of Honey

Agriculture, China, Exports, Trade

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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Russia To Continue Supplying Commodities To Syria Despite Contractual & Payment Uncertainties

Agriculture, Middle East, Security, Trade

Russia is taking a ‘wait and see’ response to the situation in Syria, where its wheat supplies are amongst the countries largest. Syria imports about 2 million tons of Russian wheat per annum. Disruption of Russian wheat supplies could risk mass hunger in the country, which has a population of over 23 million people, with

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Russia Relaxes Visa Requirements For Another Eleven Countries: The Demographics

Africa, Asia, Infrastructure, Russian Market, Trade

Russia has announced an expansion of the list of countries whose nationals are eligible for its single-entry electronic visa (e-visa), including three African countries: Kenya, Eswatini, and Zimbabwe. The move is expected to improve travel between Russia and countries concerned, boosting tourism, business, and cultural exchanges. Russian Prime Minister Mikhail Mishustin signed an order on

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Russia-China Bilateral Trade Expected To Reach US$243 Billion For 2024

China, Exports, Imports, Trade

Bilateral trade between Russia and China has increased by 2.1% year-on-year to US$222.774 billion in the first eleven months of 2024, according to data released on Tuesday (December 10) by China’s customs. That implies a 2024 total of US$243 billion will be reached for the year, a record high and slightly more than last years

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Russia – Kenya 2024 Bilateral & Trade Relations: Update

Africa, Exports, Imports, Trade

Russian entrepreneurs are preparing to supply agricultural products and wines to Kenya, and plans are underway to establish a Russian trading house in Nairobi, according to Vladimir Vishnevsky, head of the commission for developing relations with Africa at ‘New Formation’, one of Russia’s largest business organizations. The comments were made following a recent meeting between

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China-Europe Rail Freight Continues To Rely Heavily on Russia Transit

China, Exports, Imports, Infrastructure, Logistics & Transport, Trade

Rail freight from China to Europe continues to rely heavily on transit through Russia, however the EU’s own sanctions, and especially new counter-sanctions imposed by the Kremlin, continue to create significant obstacles. For example, Italian logistics firms and importers have been complaining that containers following the China-Europe rail route have been stopping in Russia in

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Russia-China Nizhneleninskoye-Tongjiang Bridge Crossing Exports: Update

China, Exports, Imports, Infrastructure, Logistics & Transport, Trade

The new Nizhneleninskoye-Tongjiang cross-border bridge between Russia and China has proved beneficial to Russia’s raw material exports since it opened in November 2022, and has become a key route for Russian coal and iron ore to be transported to China. Chinese finished goods are also imported in containers via the same cross-border bridge. Russia’s Transit

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Assad Arrives In Moscow As Russia Prepares To Defend Syrian Assets

Infrastructure, Middle East, Security

The deposed Syrian President, Bashar al-Assad has arrived in Moscow with his family and has been granted asylum on ‘humanitarian’ grounds. Syrian militants, led by the Hayat Tahrir al-Sham (HTS) group, which has connections with Al-Queda, have apparently taken control of the country, although the situation remains fluid. Moscow has called for the resumption of

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