The IFRS net profits of NOVATEK for 2015 to be distributed among the company’s shareholders grew

Russia’s Ministry of Economic Development has said that Russia is on course for a 5.1-percent of

The Russian economy is beginning to show some tentative signs of stabilization.

The world is now on the brink of a new Cold War-style confrontation, Russia’s Prime Minister Dmitry Medvedev warned the West’s political elite at the Munich Security Conference on February 13, updating the historic speech President Vladimir Putin gave at the same summit in 2007.

The United States’ attempts to isolate Russia or turn it into a “regional power” are doomed to fail, Russian Foreign Minister Sergey Lavrov said in an interview with Italy’s Limes magazine on February 4, 2016.

Russia and the United States do not need a new “reset,” similar to the one they had in their relations in the previous period, Russia’s Ambassador to the United States Sergey Kislyak said at the end of February 2016.

Russian officials at home and at the World Economic Forum in Davos at the end of January were unanimous in forecasting low oil prices for the foreseeable future.

Gazprom held its 11th annual Investor Day in New York on February 1, 2016, and the Russian gas producer’s senior management also took part in the CERA Week conference in Houston on February 24.

Alrosa did not lower rough diamond prices at its January trading session and sees no reasons for these to fall before the end of February, the Russian diamonds miner’s chief Andrei Zharkov told Interfax on the sidelines of the World Economic Forum in Davos on January 31, 2016.

TMK sold 938,000 tons of steel pipes in the fourth quarter of 2015, four percent less than in the previous quarter, the company said in a trading update.