Currently, Russia employs several power sector financing mechanisms funded by large industrial consumers. These support thermal generation construction and modernization, projects in energy-deficient ...

MOSCOW. June 6 (Interfax) - The Central Bank of Russia will pursue tight monetary policy for a long period to return inflation to the 4% target in 2026, the regulator said in a press release following ...

MOSCOW. June 6 (Interfax) - If there is a need to increase spending on the Ukrainian Armed Forces' financing in the second half of the year, the Ukrainian government will request the Verkhovna Rada, ...

MOSCOW. June 5 (Interfax) - Government agencies and oil companies will prepare support measures for the development of hard-to-recover reserves (HRR) within the next 2-3 months, Deputy Prime Minister ...

MINSK. June 6 (Interfax) - Patriarch Kirill of Moscow and all Russia has called for developing relations between the Russian Orthodox Church and the Roman Catholic Church.

TBILISI. June 6 (Interfax) - The Georgian government is negotiating with an international financial institution to secure a $0.5 billion loan for financing the construction of a 51-kilometer bypass ...

Ukrainian grains run the biggest risk at negotiations with the European Union, which causes "real panic" among Ukrainian agrarians and traders, Kachka said.

MOSCOW. June 6 (Interfax) - Surgutneftegas reported a net loss of 439.7 billion rubles in Q1 2025 compared to a profit of 268.5 billion rubles in the same period last year, according to the company's ...

MOSCOW. June 6 (Interfax) - Gazprom Neft has developed a set of solutions under the Hard-to-Recover Reserves Development Technology federal project that will make it possible to develop up to 9 ...

MOSCOW. June 6 (Interfax) - The National Bank of Ukraine (NBU) does not see any immediate negative impact after Ukraine missed a June 2 payment of $665.5 million on its GDP-linked warrants or further ...

KALININGRAD. June 6 (Interfax) - A plane carrying International Atomic Energy Agency (IAEA) Director General Rafael Grossi has landed in Russia's Kaliningrad, according to the online timetable of the ...

This marks Gazprom's second lawsuit against Naftogaz under Russian jurisdiction. The first legal proceeding concerns a court injunction prohibiting dispute resolution in foreign arbitration regarding ...