Gazprom and RusGazDobycha reach final investment decision on Semakovskoye field

June 2, 2020, 19:00 Gazprom and RusGazDobycha reached a final investment decision on the project for the development of the Semakovskoye gas field in the Yamal-Nenets Autonomous Area. The field, which is located in the waters of Taz Bay and partly on land in the Taz Peninsula, is classified as large: its recoverable gas reserves exceed 320 billion cubic meters. During the preparatory stage, the project…

Russian Political Ad Bashes Gay Marriage

A video backing constitutional reforms that President Vladimir Putin is putting to a national vote next month sparked widespread criticism Tuesday for its anti-gay message. In the video made by a media group called Patriot linked to U.S.-sanctioned Putin ally Yevgeny Prigozhin, a small boy from a Russian orphanage finds out he is being adopted by…

All employees of Gazprom Dobycha Noyabrsk to be tested for coronavirus

Background Gazprom Dobycha Noyabrsk, a wholly-owned subsidiary of Gazprom, develops seven fields, including four gas fields, two gas and condensate fields, and one oil, gas and condensate field. The company’s facilities, among them three gas production sites and three gas production directorates, are located in the Yamal-Nenets Autonomous Area, Kamchatka, and Yakutia. Gazprom Dobycha Noyabrsk takes part in the state-run Eastern…

Russia Prices Economic Recovery Plan at $70Bln

Russia will launch a 5 trillion ruble ($73 billion) recovery plan next month to offset economic damage from the coronavirus pandemic, Prime Minister Mikhail Mishustin said in a televised meeting with President Vladimir Putin on Tuesday. The program of increased spending will last until the end of 2021 with the aim of bringing Russia’s unemployment…

Coronavirus in Russia: The Latest News | June 2

There have been 423,741 cases of coronavirus infections reported in Russia so far and 5,037 deaths. June 2: 3 things you need to know today Moscow Mayor Sergei Sobyanin has ordered to lift some of Moscow’s coronavirus restrictions starting June 1. All non-food shops and some service sector businesses will be able to re-open, he said. The city will…

Russian Army to Test Coronavirus Vaccine on Troops

Russia’s military said it has recruited dozens of volunteers among its ranks for two-month clinical trials of a coronavirus vaccine set to begin Wednesday. Bioweapons researchers are working with health officials on developing a coronavirus vaccine, one of 47 that Russian officials say are in various stages of development. The military said preclinical trials for…

Trump Puts G7 Summit Proposal to Putin

U.S. President Donald Trump on Monday proposed his plan to include Russia in an expanded G7 summit in a phone call with President Vladimir Putin, the Kremlin said. It said Trump “informed” Putin of his plan to hold a rescheduled G7 “with possible invitation of the leaders of Russia, Australia, India and South Korea,” without…

Gazprom becomes largest issuer in MSCI Russia Index

June 1, 2020, 19:55 Gazprom is now the largest issuer in the MSCI Russia Index. The Company’s ranking was revised based on the latest review of the stock index by MSCI. In the second quarter of 2020, MSCI revised the free float-adjustment factor – one of the key indicators on the basis of which the weight of securities of every issuer is measured – for Gazprom’s shares. Starting from June 1,…

Coronavirus in Russia: The Latest News | June 1

There have been 414,878 cases of coronavirus infections reported in Russia so far and 4,855 deaths. June 1: 3 things you need to know today Moscow Mayor Sergei Sobyanin has ordered to lift some of Moscow’s coronavirus restrictions starting June 1. All non-food shops and some service sector businesses will be able to re-open, he said. The city will…

Long-term contract for gas supplies to Greece signed with Mytilineos

June 1, 2020, 15:35 Gazprom Export, a wholly-owned subsidiary of Gazprom, and Greece’s Mytilineos S.A. entered into a long-term contract for natural gas supplies. The document was signed by Elena Burmistrova, Deputy Chairman of the Gazprom Management Committee and Director General of Gazprom Export, and Evangelos Mytilineos, Chairman of the Board of Directors and CEO of Mytilineos S.A. The contract provides for gas supplies to Greece…

Russia Reacts to U.S. Riots, Claims of Meddling

Violent clashes have erupted in major U.S. cities and outside the White House between law enforcement and protesters taking to the streets against police brutality.  The nationwide wave of outrage was triggered following the death last Monday of an unarmed black man, George Floyd, after being arrested by Minneapolis police. The officer who knelt on…

Moscow Eases Lockdown Despite High Virus Caseload

Shopping malls and parks are set to reopen in Moscow on Monday as the Russian capital eases coronavirus restrictions despite having the world’s third-largest caseload. The relaxation of the confinement orders in Moscow, the epicenter of Russia’s outbreak with a population of more than 12 million, comes after President Vladimir Putin announced the epidemic had…

Severstal cotiues focus o automatio with secod ivestmet i advaced composite solutios developer, Airbore

June 1, 2020 PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s largest vertically integrated steel and mining companies, announces that it has led a second tranche of investment into Dutch company Airborne, a global leader in developing digital automation platforms for the production of composite parts, and products with integrated composites. The total…

Shashlyk in the City

In 2012 the Moscow City Government issued a rule, calcified into law in 2019, which caused a certain amount of buzz amongst the creative classes. The rule was a stern reminder to “respected Muscovites and guests of the capital” that roasting meat on the city’s residential balconies was neither allowed nor encouraged. That it came around the…

Coronavirus in Russia: The Latest News | May 30

There have been 396,575 cases of coronavirus infections reported in Russia so far and 4,555 deaths. May 30: 3 things you need to know today Russia confirmed 8,952 new coronavirus infections Saturday, bringing the country’s official number of cases to 396,575. Moscow Mayor Sergei Sobyanin has ordered to lift some of Moscow’s coronavirus restrictions starting June 1. All non-food shops…

Russia Coronavirus Cases Surge Toward 400K

Authorities have predicted a higher death toll in May compared to last month, attributing this to deaths among patients who were hospitalised during the peak of the epidemic several weeks ago. Officials in Moscow — the worst-hit city in Russia — on Thursday released details of mortality statistics for April in an effort to quash…

Coronavirus in Russia: The Latest News | May 29

There have been 387,623 cases of coronavirus infections reported in Russia so far and 4,374 deaths. May 29: 3 things you need to know today Russia confirmed 8,572 new coronavirus infections Friday, bringing the country’s official number of cases to 387,623. Moscow Mayor Sergei Sobyanin has ordered to lift some of Moscow’s coronavirus restrictions starting June 1. All non-food shops and…

‘Zombie’ Wildfires Threaten Arctic Russia, Scientists Warn

Early wildfires caused by a historically warm and snowless winter have ignited concerns of “zombie” fires re-emerging across the Russian Arctic, scientists and activists have said. European climate scientists said Wednesday that satellite images “hinted” at remnants of last year’s blazes returning to the Arctic Circle. Ground measurements across last summer’s wildfire hotspots are needed…