Gazprom announced on March 1, 2024, its intention to sell its North Sea assets, with an initial p
On March 1, 2024, Deputy Prime Minister Alexander Novak expressed the Russian government’s expect
On February 29, 2024, Gazprom inaugurated a 7 km gas pipeline in Lapinki, Ostrov, Pskov region, R
On February 28, 2024, Russia reported a 6.8% increase in natural gas production in January 2024 c
On February 28, 2024, Gazprom announced the completion of a new inter-settlement gas pipeline spa
Deputy Prime Minister Alexander Novak forecasted Russia’s oil production to be between 520-530 mi
Gazprom Dobycha Tomsk commenced trial production at the North-Trassovoye oil field on February 28
South Africa’s ambassador to Russia, Mzuvukile Jeff Maqetuka, indicated that South Africa is acti
On February 27, 2024, KazMunayGas (“KMG”), Kazakhstan’s national oil and gas company, detailed it
In a strategic move to stabilize domestic gasoline prices and meet the increased consumer and agr
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Aviation
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In a dramatic turn of events, the Russian new car market faced a sharp decline of 62.6% in 2022, plummeting to a market value of $21.9 billion and
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The Russian automotive manufacturing industry faced a significant downturn in 2022, with market values plummeting by 52.4% to $13.1 billion and pro
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The Russian airline industry experienced a significant downturn in 2022, with a market value decrease of 56.7% to $10,547 million, attributed to th
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TSAT Rostec announced on March 4, 2024, the impending deployment of a cutting-edge domestic 3D printer designed to manufacture heat-resistant compo
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The Salyut production complex of the Rostec United Engine Corporation in Moscow is set to double its training intake in 2024, welcoming over 1,000
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The United Engine Corporation’s UEC-Saturn on February 26, 2024, initiated a new application round for the Wings of Rostec, aiming to nurture futur
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Despite Western automakers exiting Russia due to economic sanctions related to the 2022 invasion of Ukraine, a ‘parallel import’ scheme initiated b
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Rostec’s Obninsk Research and Production Enterprise “Technology” has initiated the serial production of domestically produced cockpit glazing for t
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Mercedes-Benz Group has completed the sale of its shares in Kamaz, the leading Russian truck manufacturer based in Naberezhnye Chelny, known for pr
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In a significant shift in the automotive market, Chinese brands emerged as leaders in new car sales in Russia throughout 2023, according to data fr