Moscow – The Board of Directors of PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, has recommended that the Extraordinary General Meeting of Shareholders (“EGM”) approve a dividend payment in the amount of RUB 9.3 billion, or RUB 72 per ordinary share (RUB 24 per Global Depositary Receipt)…
The official opening of the Nuclear Technology Information Center, a joint project of Uzatom and ROSATOM, took place in Tashkent on 15 May. Uzatom Director General Zhurabeck Mirzamakhmudov, ROSATOM Director General Alexey Likhachev, President of Uzbekistan Academy of Sciences Bekhzod Yuldashev, Russian Ambassador to Uzbekistan Vladimir Turdenev took part in the event as along with…
Moscow will suspend construction of a controversial $162 million landfill in northern Russia after months of protests against plans to ship waste in from the capital, the Vedomosti business daily reported Wednesday. Residents of Arkhangelsk region actively oppose construction of the landfill in the former village of Shiyes designed to take in up to 500…
Russia’s efforts to resolve an unprecedented oil-contamination crisis suffered a setback as the nation loaded another tainted cargo from a port in the Baltic Sea, days after the government had said the port was clear. Traders receiving Urals crude at the Ust-Luga terminal said some oil continues to exceed acceptable levels of organic chloride, the…
Advanced new drones equipped with a stun gun and blinding laser have been developed for the Russian military, Interfax reported Wednesday citing an arms industry official. Russian security forces have been increasingly turning to laser technologies over the past year. In November 2018, Russia’s National Guard bought two laser-equipped vans designed to disperse protesters. The…
From May 15 through June 15, Russia holds the United Days of Protection of Small Rivers and Ponds. This movement involves more than 100 environmental organizations throughout Russia, and aims to celebrate the smaller of Russia’s waters. While the country gets set cleaning, assessing, developing and restoring these small rivers and ponds, here’s a look…
A Russian national has been sentenced to 25 years in prison for allegedly plotting a terror attack in the country’s east, state media reported Wednesday. A total of 20 terror attacks were prevented by security forces in 2018, the first deputy chief of Russia’s Anti-Terrorism Committee told reporters earlier this year. According to the committee’s…
Hundreds of thousands of Russians, including former government officials, have had their passport data posted online in the country’s latest massive data leak, the RBC news website cited new research as saying Wednesday. The breach of at least eight government websites, analyzed by privacy expert Ivan Begtin, exposed the passport data of 360,000 people. Last…
Rosneft Oil Company reviewed the results of the Rosneft United Research and Development Centre (RN-RDC). Since its foundation in 2016, RN-RDC has become Europe’s largest scientific oil and gas centre, the amount of work performed using its own resources has increased more than 2 times. At the moment, it includes 32 design and research institutes,…
Messoyakhaneftegaz, a joint venture of Gazprom Neft and Rosneft, produced the 10 millionth ton of oil. This target was reached in less than three years of operation of the East-Messoyakha field. During the period, over 300 production wells were built in the licence area. The total drilling rate exceeded 1.1 thousand km. The enterprise produces…
Russia has eased its weapons resale rules to alleviate secondary buyers’ fears of U.S. sanctions, according to an unpublished government decree cited by the Vedomosti business daily Wednesday. Reports found that Russia sold the second-most weapons in 2018 despite five years of declining sales. Countries trading with Russia’s defense and intelligence sectors currently face secondary…
On this day in 1891, Mikhail Bulgakov was born in Kiev – then part of the Russian empire, now the capital of Ukraine. Today a household name in Russian literature, Bulgakov’s best and most known work was published after his death in 1940. One of seven children, Bulgakov’s father was a prominent professor and a…
The Kremlin protested on Wednesday over the extradition from ex-Soviet Georgia to the United States of a Russian man accused of smuggling F-16 fighter jet manuals into Russia in breach of U.S. arms export law. Oleg Tishchenko, a software developer, was earlier this year extradited to the United States from Georgia, where he was reported to have been…
NARYAN-MAR — Russia’s oil and gas giants are establishing a new model in the country’s Arctic based on sustainable development and cooperation with the region’s native reindeer herders. A decade ago, locals were struggling to sustain their traditional way of life due to the energy firms’ growing encroachment on their pasturelands. And as recently as…
Clashes erupted in Russia’s fourth-largest city of Yekaterinburg between protesters and church supporters in riot police gear over the construction of a church in a popular city park. Some of the demonstrators tore down the fencing surrounding the construction site guarded by police and national guardsmen. Witnesses and reporters said that violence and tear gas…
A group of Republican and Democratic U.S. senators introduced legislation on Tuesday seeking sanctions targeting the Nord Stream 2, a planned gas pipeline from Russia to Germany under fire from the United States and some European Union countries. The bill introduced by Republican Senators Ted Cruz, John Barrasso and Tom Cotton and Democrat Jeanne Shaheen,…
Dozens of people opposing plans to build a church in a central park in Russia’s fourth-largest city of Yekaterinburg have been detained and five hospitalized on the second day of clashes with supporters. Violence erupted at the construction site after around 2,000 protesters toppled fencing that appeared around the beachfront park on Monday. The park…
U.S. Secretary of State Mike Pompeo traveled to Russia for talks with President Vladimir Putin and Foreign Minister Sergei Lavrov on Tuesday. Pompeo’s trip marked the first high-profile U.S. visit to Russia since allegations of Russian meddling in the 2016 U.S. presidential election and a subsequent investigation rankled bilateral relations. Meeting in the southern city…
Russian President Vladimir Putin has approved a new energy security doctrine preaching self-reliance in the face of geopolitical isolation. Russia has unrivaled energy resources and is the world’s top exporter of gas and its second-biggest of crude oil. The new doctrine replaces the 2012 plan and takes into account threats to Russia’s energy security and…