Gazprom and Shell praise Sakhalin Energy

Справка Royal Dutch Shell is a British-Dutch oil and gas holding company focused on hydrocarbon production, processing and marketing in more than 70 countries. Gazprom and Shell are jointly engaged in the Sakhalin II project, which includes Russia’s first LNG plant. The project operator of Sakhalin II is Sakhalin Energy (Gazprom – 50 per cent plus one share, Shell – 27.5 per cent minus one share, Mitsui – 12.5 per cent,…

Moscow’s Monuments Get a Spring Shower

When you’re serious about your city’s statues, it isn’t just your home that needs spring cleaning. Muscovites headed outside to give the capital’s famous monuments a solid scrubbing and clean off the winter dirt. Here’s a look at Moscow’s statues getting spruced up for the new season:

Internet Added $60Bln to Russia’s Economy in 2018, Study Says

Russia’s internet sector has contributed 3.9 trillion rubles ($60.8 billion) to the overall economy last year, an 11 percent increase from 2017, according to the Russian Association of Electronic Communications. The study correlates with Kremlin estimates that Russian internet companies account for about 4 percent of gross domestic product. E-commerce accounts for half of Russia’s…

Russia Bans Oil, Coal Exports to Ukraine

Prime Minister Dmitry Medvedev has signed a decree banning Russian exports of coal, crude oil and oil products to Ukraine, he told government officials in televised comments on Thursday. Starting June 1, the export of products listed in the decree will require a special permit, Interfax reported. The decree will also ban the import into Russia of…

Trump Adviser Visits Moscow for Kremlin Talks

Fiona Hill, an adviser to U.S. President Donald Trump, visited Moscow this week and discussed bilateral relations with Kremlin aide Yuri Ushakov, Kremlin spokesman Dmitry Peskov told reporters on Thursday. Ties between Washington and Moscow are at post-Cold War lows and later on Thursday a long-awaited report on Russia’s role in the 2016 U.S. election…

Baltic Leader Set to End Decade-Long Silence by Meeting Putin

The almost decade-long hiatus in high-level meetings between Baltic presidents and Russia’s Vladimir Putin is set to end this week. Estonia, Latvia and Lithuania — home to sizable Russian-speaking minorities — have had an uneasy relationship with the Kremlin since communism collapsed. Putin’s annexation of Crimea from nearby Ukraine in 2014 and the ensuing military…

Russia Explores $164Bln Worth of Arctic Projects – Reports

Russia’s environmental ministry has proposed more than 100 oil and gas extraction, infrastructure and tourism projects in the Arctic valued at 10.5 trillion rubles ($164.2 billion), the RBC news website reported Thursday. President Vladimir Putin has promised tax incentives and other benefits to encourage companies to develop the Arctic region and the Northern Sea shipping…

11 LGBT Activists Detained at St. Petersburg Protest

Russian police detained 11 LGBT activists on Wednesday at a Silence Day protest in the city of St. Petersburg. The yearly event meant to raise people’s awareness of LGBT problems in the country gathered around 50 people who sealed their mouths with red tape and marched through the city’s streets. Russia passed a law in…