Russia

Export duty on oil to increase by 6.3%

According to the Ministry of Finance, from May 1 the export duty on Russian oil will grow by $7.1 to $118.5 per ton.

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Rio Tinto reviews contracts with UC Rusal

One of the world's largest mining companies Rio Tinto is going to declare force majeure on some contracts because of sanctions that were imposed by the United States against a number of Russian

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Transneft places bonds for 15 bln rubles

Transneft has completed placement of exchange bonds of the BO-001R-10 series to the total amount of 15 billion rubles, it follows from materials of the company.

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In 2017 Rosneft increased sale of marine fuel by 47%

RN-Bunker (part of Rosneft) has increased sales of marine fuel by 47% in 2017, the company's press service reported. Over the past year, the company sold 2.8 million tons of fuel.

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Rosgeologiya finds Kakadurskaya gold ore mineralization

North Caucasian PGO (part of Rosgeologiya) has revealed gold ore mineralization in the Kakadurskaya ore zone of the Afchandur-Lamardonskoye ore field in the Republic of North Ossetia-Alania, the pr

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In Q1, import of polypropylene to Russian market grew by 28%

Polypropylene imports to Russia grew by 28% in January-March 2018. Domestic processors increased purchases of all grades of polypropylene on foreign markets, the Market Report informs.

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In 2018 Gazprom to begin construction of 11 gas pipelines in Kursk region

In 2004-2017 Gazprom's investments in the gas infrastructure of the Kursk region amounted to 7.1 billion rubles.

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Gazprom increases production and export

Since the beginning of the year, Gazprom has increased gas production by 7.5% year-on-year to 155.8 billion cubic meters. The export to Europe grew by 6.3% to 62.2 billion cubic meters.

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VSMPO-Avisma may reduce dividends for 2017

At the meeting on April 13, VSMPO-Avisma’s Board of Directors recommended shareholders at the annual meeting to vote for the payment of dividends for 2017 at the rate of 890 rubles 45 kopecks

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Germany to take into account Nord Stream-1 in plan of its gas network development till 2028

Federal Network Agency of Germany will take into account the Nord Stream-2 gas pipeline in terms of the development of the gas network in Germany for 2018-2028, the regulator reports.

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