Russia

Construction of new sulfuric acid warehouse begins at Uralelectromed

Uralelectromed JSC (an enterprise of the Ural Mining and Metallurgical Company UGMK) has launched a project to build a new sulfuric acid warehouse.

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In January-April, petrol from Russia decreased by 14%

Russia reduced petrol exports in January-April 2019 by 14.4% compared to the same period last year to 1.557 million tons, the Federal Customs Service reported.

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Severstal’s shareholders approve decline in dividends for Q1 by 7.5%

Severstal’s shareholders have approved payment of dividends for the first quarter of 2019 in the amount of 35.43 rubles per share, which is by 7.5% less than in the same period last year, it

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Exploratory drilling begins at Payakhskoye field in Krasnoyarsk Territory

The governor of the Krasnoyarsk Territory, Alexander Uss, said that the pilot industrial development of the Payakhskoye oil field in the region had started.

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In May Alrosa reduced diamond sales by 7.6%

In May 2019, volume of sales of Alrosa’s diamond products in value terms amounted to $266 million, the company reported.

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Rosneft's Yamal structure pays over 45 million rubles for damage to land

The oil company Rosneft-Purneftegaz paid 45.7 million rubles in compensation for damage caused to the environment, the press service of the Yamalo-Nenets environmental prosecutor's office repor

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Russian revenues from export of electricity almost double

In January-April 2019, Russia's revenues from electricity exports increased 1.7 times compared to the same period last year to $321.2 million, the Federal Customs Service reports.

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Polymetal to produce copper and zinc in Northern Ural region

This year, the company plans to launch construction of a processing plant in Krasnoturinsk for processing polymetallic ores to produce gold, silver, copper and zinc concentrates.

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ALROSA earns over $2 million at diamond tender in Israel

14 diamonds of a standard color range with a total weight of 108 carats were sold at the auction, as well as 48 diamonds of fancy shades with a total weight of 131.6 carats.

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Naftogaz considers proposal for settlement agreement with Gazprom absurd

The company said that no proposals from Russia have yet been received, and Ukraine needs to prepare for the stop of gas transit from 2020.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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