TVEL Fuel Company of Rosatom supplied equipment for VVER fuel fabrication at Yibin plant in China

TVEL JSC has supplied to China a batch of Russian-made equipment for VVER fuel fabrication at Yibin plant (Sichuan province), an enterprise of China National Nuclear Corporation’s nuclear fuel division. The consignment includes three installations for production of fuel rods, in particular, a welding complex, a rod geometry control system and VVER fuel rod lacquering…

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Completio of Mii-Mill Balakovo Sale

July 25, 2019 PAO Severstal, one of the world’s leading steel and steel-related mining companies, announces that it has completed the sale transaction of Mini-Mill Balakovo to Abinsk Electric Steel Works LTD. The consideration of the transaction is $215 million. The sale of Mini-Mill Balakovo will enable Severstal to focus fully on steel production at…

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Russia Moves to Legalize Bowhunting

Russian lawmakers have passed legislation to allow bow-and-arrow hunting. Possession of bows for purposes other than sport and research is currently prohibited in Russia. Around 1 million unlicensed bows, crossbows and similar ranged weapons are owned by “hundreds of thousands” of Russians, lawmakers cite official data as saying. A newly passed bill distinguishes throwing weapons…

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Putin Loyalists Clash in Public Oil Feud

The blame game over a contamination scandal in Russia’s oil industry has breached President Vladimir Putin’s inner circle. Igor Sechin, head of Rosneft, the world’s biggest publicly-traded oil company, and Nikolai Tokarev, the boss of Transneft, the world’s largest pipeline network, are embroiled in an unusually public and rancorous dispute over their companies’ responses to…

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