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breakingnews
21.08.2009, 12:24
Rosneft starts production on Friday at East Siberia's Vankor oil field. One of the largest fields in Russia, it is expected to prop up national oil output.
20.08.2009, 16:57
The Republic of Buryatia will boost the capacities of one of its power plants to make up for energy losses caused by the accident at the Sayano-Shushenskaya hydro-power plant.
20.08.2009, 10:30
Deals have been thin on the ground at the MAKS air show near Moscow, with Military planes stealing the show, while civil aircraft production needs state support and foreign technology.
01.07.2009, 10:06
For the first time in 37 years Iraq is inviting foreign companies to develop its oil assets. Among them is the West Qurna field, where Russia's Lukoil is bidding.
01.04.2010, 21:21
Russia and Venezuela will be jointly producing 50 thousand barrels of oil a day by the end of this year. The agreement was announced as Caracas officials prepare Fridays visit by Prime Minister Putin.
12.02.2010, 19:38
11 comments
Russia is renovating its railroads and sea ports - all part of plan to bypass transit countries when exporting energy products. That means neighbours like Estonia are looking to move from stable cashflows.
27.07.2009, 10:12
5 comments
In 2008 Russia’s rich almost doubled their transfers abroad compared to the previous year with overall investment into foreign economies totaling $25.6 billion.
30.07.2009, 20:53
4 comments
Russia will start exploring for oil in the Gulf of Mexico, after signing a deal with Cuba this week. The announcement comes as part of Deputy Prime Minister Igor Sechin's visit to the region.
25.06.2009, 10:23
5 comments
The World Banks says the economic crisis is boosting poverty in Russia, with the number expected to increase by 5% this year to 17% of the population.
18.06.2010, 17:07
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Russian President, Dmitry Medvedev, has announced that Russia will abolish capital gains taxes on long term direct investments, in order to boost economic modernization.
Published: 21 August, 2009, 17:20
With the Vankor crude fields coming on line this week, Business RT spoke with Mikhail Kroutikhin of Rusenergy agency about the significance of the development for Russian crude production.
