MINSK, Aug 4 (PRIME)
Pres: Minsk loses 1.5 bln Belarusian rbl on oil woes with MoscowMINSK, Aug 4 (PRIME) -- Minsk’s budget has lost 1.5 billion Belarusian rubles (over U.S. $600 million) due to disagreements over oil with Russia, Belarusian President Alexander Lukashenko said on Tuesday in his address to the parliament and the people.
AvtoVAZ sales in Russia rise 7.54% to 31,709 vehicles in July
MOSCOW, Aug 4 (PRIME)Sales of Russia’s largest carmaker AvtoVAZ rose 7.54% on the year to 31,709 vehicles in July, the company said in a statement on Tuesday.
Sibur, Saudi Aramco, Total suspend study of Saudi Arabia project
MOSCOW, Aug 4 (PRIME)Russian petrochemical company Sibur, Saudi Aramco and France's Total have suspended the consideration of a joint petrochemical project in Saudi Arabia, Sibur’s CEO Dmitry Konov told reporters on Tuesday.
Russia sees elimination of Norilsk fuel spill damage until 2025
MOSCOW, Aug 4 (PRIME)Russian metals giant Norilsk Nickel has presented a government-wide draft plan for elimination of consequences of a recent fuel spill to the Civic Chamber, and works are planned to be done until 2025, Yelena Sharoikina, head of the chamber’s ecology and environment commission, told PRIME on Tuesday.
FOCUS: Games help Mail.ru pass COVID-hit Q2 better, Yandex lacks ad incomes
MOSCOW, Aug 3 (PRIME)Soaring popularity of online games during the COVID-19 lockdown secured Mail.ru Group a solid rise in revenue in April–June, while Yandex’s financials were depressed by dwindling advertising proceeds. Analysts expect the tech giants to show stronger results in the rest of 2020 amid an economic recovery with their securities possibly joining the MSCI Russia index.
MOSCOW, Jun 3 (PRIME) -- The OPEC+ oil output cut agreement has already influenced the energy market positively, bringing back stability, but full recovery from a slump triggered by the coronavirus pandemic should not be expected earlier than in 2022, Equatorial Guinea’s Minister of Mines and Hydrocarbons Gabriel Mbaga Obiang Lima said in an interview with PRIME released on Wednesday.