ST. PETERSBURG. June 19 (Interfax) - VTB will allocate 800 billion rubles over several years to finance the project to build a complex for processing ethane-containing gas in Ust-Luga in the Leningrad ...

ST. PETERSBURG. June 19 (Interfax) - Alrosa parted ways with the major Luele diaond deposit, formerly Luaxe, when it sold its stake in Angola's Sociedade Mineira de Catoca, Deputy Russia Finance ...

ST. PETERSBURG. June 19 (Interfax) - Russia's agricultural sector is experiencing a workforce shortage estimated at 143,000 to 200,000 people, First Deputy Economic Development Minister Maxim ...

The Russian Finance Ministry is working on a bill that will levy higher revenues from gas price increases above inflation through mineral extraction tax. "We have an instruction from the president ...

MOSCOW. June 19 (Interfax) - Russian Deputy Prime Minister Alexander Novak has discussed cooperation in the oil, gas, coal, power generation and nuclear energy sectors with Turkish Energy Minister ...

ST. PETERSBURG. June 19 (Interfax) - Azerbaijan has expressed interest in making adjustments to its double taxation agreement with Russia, while Bahrain has proposed signing a new agreement, Deputy ...

MOSCOW. June 19 (Interfax) - The Wildberries & Russ united company, namely RVB LLC, is preparing to enter Africa, CEO Robert Mirzoyan told reporters on the sidelines of St. Petersburg International ...

Russia is a global resource leader and stands ready to mobilize geological exploration services to any location worldwide, Natural Resources Minister Alexander Kozlov said during a session on mineral ...

ST. PETERSBURG. June 19 (Interfax) - The Central Bank of Russia sees no risks of a retail deposit "overhang" where funds could flood the consumer market as the key rate declines, Central Bank Governor ...

MOSCOW. June 19 (Interfax) - Severstal CEO Alexander Shevelev does not rule out halting metallurgical production in Russia to balance supply.

"We have already reviewed four companies. They are Mechel Mining (10 coal mines), Vorkutaugol (five mines), SDS-Ugol (five mines) and SUPK. Other companies up for consideration are Severny Kuzbass ...

"According to the figures, we have cooling [in the economy]. But all our figures are a rear view mirror. According to current business sentiment, it seems we're actually already on the verge of moving ...