RussNeft achieved a significant increase in oil reserves in 2023, adding 8.3 million tons, primar
Since the end of February 2022, the Russian oil and gas industry has faced continuous pressure.
According to the Center for Energy and Clean Air Research (CREA), Russia currently earns more tha
The value of the Russian oil and gas market fell by 15.2 percent in 2019 due to a decline in oil
A new gas deposit was discovered at the Leningradskoye field of the Yamal gas production center,
A working meeting between Alexei Miller, chairman of the Gazprom Management Committee, and Vagit
PetroNeft, an oil and gas exploration company operating in Russia’s Tomsk region, has announced t
On October 8, 2020, HMS Group, the leading manufacturer of pumping, oil and gas equipment, compre
On October 6, 2020, Volga Gas plc, the oil and gas exploration and production company operating i
Transneft, the world’s largest oil pipeline company, published consolidated IFRS interim results
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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