Severstal to develop its ow digital busiesses

June 5, 2019 PAO Severstal, one of the world’s leading vertically integrated steel and mining companies, has established a new unit that will be focused on the development of digital businesses. The team will be headed by Sergey Khabarov, previously investment director at Genome Ventures, an innovative human capital development business. The new unit will…

Maximum daily deliverability of Russian UGS facilities to exceed 843 million cubic meters of gas by next winter

Release June 4, 2019, 18:20 The Gazprom Management Committee reviewed the operating results of the Company’s subsidiaries and organizations over the 2018–2019 autumn/winter period and discussed the measures to be taken for ensuring uninterrupted gas supplies to consumers in the upcoming winter. It was noted that in the past winter Gazprom, as in previous years, had provided its consumers in Russia and abroad with the required gas…

Putin Inaugurates Memorial to Jewish WWII Resistance

President Vladimir Putin has inaugurated on Tuesday a monument dedicated to Jewish heroes of resistance in Nazi concentration camps and ghettos during World War II. Putin opened construction of the monument at the Jewish Museum and Tolerance Center in Moscow with Israeli Prime Minister Benjamin Netanyahu in January 2018. Members of the Jewish resistance “are…

Rosneft Joins Global Initiative on Methane Emission Reduction

Rosneft Oil Company has joined the initiative of the world’s leading oil and gas companies and signed “The Guidelines for Methane Emission Reduction in Natural Gas Supply Chain” (hereinafter referred to as the Guidelines). The Company’s Strategy related to compliance with the 17 Sustainable Development Goals of the UN, approved by the Board of Directors,…

Rosneft Launches Second Field of Erginsky Cluster

Rosneft has put into commission the West Erginskoye field that is a part of the Erginsky cluster. Chief Executive Officer of Rosneft Oil Company Igor Sechin ordered to launch the first oil shipment via teleconference during the Annual General Meeting of Shareholders of the Company that is taking place in St. Petersburg. The West Erginskoye…

PhosAgro Delegation Headed by Board of Directors Chairman Xavier Rolet and CEO Andrey Guryev to Take Part in SPIEF-2019

St Petersburg – A delegation from PhosAgro (“PhosAgro” or “the Company”) (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, will take part in the St Petersburg International Economic Forum (“SPIEF” or “the Forum”) on 6-8 June 2019. SPIEF is a major event for the entire business community and for…

On This Day: Ufa Train Disaster

On June 4, 1989, a railway accident in the Iglinsky District (then the Bashkir A.S.S.R, Soviet Union) killed 575, injuring 800 more. Many passengers were children coming to or from summer camp or holidays by the seaside. It remains the deadliest postwar rail disaster in Russia. While the incident happened about 50 kilometers east of…

Russia Tests New Missile Defense System, Military Says

Russia has tested a new unidentified missile at a launch site where the country had previously test-launched missiles designed to protect Moscow’s airspace, the Russian military said. The Russian Defense Ministry test-launched its anti-ballistic missile at the Sary-Shagan missile testing site in Kazakhstan at least twice in 2018. Those tested missiles had been deployed to…