“Treasures from the Palace Museum” exhibition opens in Moscow with support of Gazprom

Release March 14, 2019, 19:15 Photos An exhibition entitled “Treasures from the Palace Museum: The Flourishing of China in the 18th Century” opened today at the Moscow Kremlin Museums. The exhibition was organized with the support of Gazprom. The opening ceremony was attended by Alexey Miller, Chairman of the Gazprom Management Committee, Olga Golodets, Deputy Prime Minister of the Russian Federation, Mikhail Shvydkoy,…

PhosAgro FY2018 IFRS Results Announcement Date

On 20 March 2019, PhosAgro will publish its audited consolidated IFRS financial statements for twelve months ended 31 December 2018. The Company will hold a conference call and webcast the same day at 13:30 London time (16:30 Moscow; 09:30 New York). The call will be held in English, with simultaneous translation into Russian on a…

How Russia Sank Billions of Dollars Into Venezuela Quicksand

At the end of 2015, managers at Rosneft, the Russian state-controlled oil firm, sounded the alarm to their bosses about the company’s investments in Venezuela. Rosneft’s local partner, Venezuelan state oil company PDVSA, owed it hundreds of millions of dollars, according to internal documents, and there seemed no prospect things would get better. “It will be…

Russia’s Top Banks Plot Temporary Sanctions Workaround

Leading Russian banks are working on plans to help each other retain at least short-term access to the global financial system in the event that they are hit by fresh U.S. sanctions, sources familiar with the matter told Reuters. Sberbank, VTB, Gazprombank and others are examining how they can provide each other with access to U.S.…

Russian Authorities Seal Stalin-Era NKVD Archives

Russia’s intelligence service has refused to declassify the names of members of Stalin’s notorious three-judge panels that issued death sentences without trials, Russian media reported this week. As many as 700,000 people were executed in Stalin’s “Great Terror” of 1937-38, according to conservative estimates. The Memorial human rights NGO keeps a database of some 3…

Taas-Yuryakh Neftegazodobycha doubles 2018 Oil Output

In 2018, Taas-Yuryakh Neftegazodobycha increased its oil production to 2.9 million tonnes, which is more than two times higher than in the previous year. The significant increase in oil production was achieved due to the completion of construction and commissioning of the main oil production, preparation and transportation facilities as part of the second stage…

Russia Suspends Boeing 737 MAX Flights — Reports

Russia‘s aviation authority on Thursday suspended flights by Boeing 737 MAX planes in the country’s airspace following Sunday’s deadly plane crash in Ethiopia, the Interfax news agency cited the authority’s head as saying. Russia‘s S7 Airlines said earlier this week it would ground its Boeing 737 MAX 8 planes starting from Wednesday. It said its…