Russia plans to build a metals plant in the Far East at an estimated cost of $2.2 billion and supply steel sheet to the Zvezda shipbuilding yard as part of a push to develop the Arctic, Rosneft CEO Igor Sechin said.The head of the oil producer…
Russian shipping company Sovcomflot is guiding investors to expect its initial public offering (IPO) to price at the low end of the marketing range, two bookrunners organizing the transaction said on Tuesday.The first big stock market float…
Russia plans to invest $500 million in the Syrian port of Tartus and build a grain hub there to boost its presence on Middle East markets, Interfax news agency cited Deputy Prime Minister Yury Borisov as saying on Tuesday.Russia, the world's largest wheat exporter…
Shipping group A.P. Moller-Maersk said on Friday it is in talks with Russia's state-owned icebreaker operator to send more goods via the Arctic, which is becoming more accessible as climate change reduces the sea ice.Russia has made developing…
Russian President Vladimir Putin on Tuesday invited foreign investors to take part in the construction of port infrastructure in Murmansk and Petropavlovsk-Kamchatsky that would serve the Northern Sea Route.Speaking at an Arctic forum in the Russian city of St Petersburg…
Russian President Vladimir Putin ordered an allocation of budget funds in 2021-2022 for the construction of the Utrenny liquefied natural gas (LNG) terminal in the Russian port of Sabetta on the Northern Sea route, the Kremlin said on its website…