Japan is a likely market for liquefied natural gas from the giant Shtokman field in the Barents Sea, slated for development by a consortium led by Gazprom, the head of the Russian gas export monopoly said Monday.
"The Japanese market is the biggest LNG market in the world and considering the decision by the Japanese government to reduce nuclear power generation, the demand for LNG into Japan will only increase," Gazprom chief executive Alexei Miller told reporters.
"So of course LNG deliveries...
Lithuania took a step toward less dependence on Russian gas by deciding Monday to pick Norway's Hoegh LNG to provide an offshore platform for liquefied natural gas imports.
VILNIUS — Lithuania took a step toward less dependence on Russian gas by deciding Monday to pick Norway's Hoegh LNG to provide an offshore platform for liquefied...
... percent share in 2010, CEO Alexei Miller said in June.
Cargoes of liquefied natural gas, which kept Europe oversupplied in 2010, were diverted to Asia to counter a shortfall created by idled nuclear capacity in Japan last year. Japan boosted imports of LNG to a record in 2011 after the disaster at the Fukushima Dai-Ichi reactor in March led to the shutdown of most of its atomic plants.
Colder than usual weather in most of Europe earlier this month boosted demand for Russian gas. While rejecting calls...
... a 25 percent stake, said sources close to the potential placement in July, while the new government plans state that a 50 percent minus one share stake could be sold.
The company owns the world’s largest fleet of Arctic, Aframax and ice-class LNG tankers. Its net profit fell 11.3 percent in 2010 to $164.3 million.
Russian Railways
The rail monopoly is in the process of selling off various divisions to private investors while the government plans to offload a 25 percent minus one share stake...
Nikita Mikhalkov, film director and official backer of presidential candidate Vladimir Putin, admitted during a debate that he would vote for his opponent Irina Prokhorova, sister of billionaire presidential candidate Mikhail Prokhorov, if she were on the ballot.
A 40-year-old Russian man shouted that he was carrying a bomb in Amsterdam's busy Schiphol airport on Monday, causing a disruption that resulted in flight cancellations and delays.
A slew of Moscow real estate players unveiled a reconstructed Moskva Hotel on Tuesday, relaunching the premier Soviet hotel as a commercial center with 70 shops, a department store, underground parking and a hotel.
The Kalashnikov that has been designed to replace the iconic AK-47 was officially presented Tuesday, while engineers at the Izhmash plant in Udmurtia, where the weapon is made, said modifications are ongoing.
The announcement on Tuesday of a boardroom shake-up in the country's most prominent opposition radio station and a decision to nix a critical television talk show has raised fresh concerns over media freedom.
While the Russian authorities are, for the time being, using kid gloves to deal with the opposition at home, they have not shown the same constraint in South Ossetia.
When we witnessed the fall of the Soviet Union 20 years ago, we also witnessed the fall of its monuments. The general impression was that we were observing something unique and unusual. But the tendency to destroy old symbols and build new ones is as old as humanity.
Prime Minister Vladimir Putin said Tuesday that Moscow should have a site similar to London's Hyde Park where people are always free to express their views.
If the government's plans come to fruition, this year will be spent completing property evaluations across the country according to market-based standards, paving the way for the implementation of a new property tax, which could partially enter into force as early as 2013.
Here we go again — another round of anti-Americanism from the Kremlin and state-controlled media. Blaming outside forces for Russia's woes has a long history in the country. The closer we get to the March 4 presidential election, the more intense the anti-American hysteria becomes.
Today's Moscow is unlovable and unlivable, overdeveloped, underserved by public utilities and choked by traffic. You can't drive, you can't breathe, there is no place to park and walking is impossible thanks to giant SUVs lining the sidewalks.
Prime Minister Vladimir Putin unveiled his plan on social policy Monday, focusing on how Russia will boost its dwindling population amid a demographic crisis that threatens to turn the country into "void space."
A prominent French writer and journalist has been kicked out of the country on the grounds that she did not have the right to research a book while on a business visa.
St. Petersburg lawmakers on Wednesday approved at the crucial second reading a bill introducing fines for advocating gay and lesbian relationships in front of children and promoting pedophilia.
The famous proverb, "Early to bed, and early to rise, makes a man healthy, wealthy and wise," was penned by American founding father Benjamin Franklin. He was also the first to suggest implementing daylight-saving time.
As the violent standoff between Syria's security forces and armed opposition groups roils the country, the crisis has opened heated divisions at the United Nations Security Council.
Prime Minister Vladimir Putin said at a meeting with religious leaders Wednesday that the "voice of the church" should have a greater presence on state-run television channels and that more TV programming should be devoted to religious topics.
Corruption in Russia was "normal" and "civilized" during Vladimir Putin's first stint as president and support for him has grown stronger as a result of recent opposition rallies, the prime minister's campaign manager has boasted.
In a city that was once the cradle of Russian democracy, an unprecedented new campaign kicked off over the weekend to install web cameras in every polling station around the country in an effort to prevent voting fraud.
Pussy Riot, a feminist punk collective from Moscow, creates protest through its dissident songs and unsanctioned performances, including a brief unauthorized concert in late January on Red Square.
If Putin gave up power at any age, he and dozens of his friends and colleagues who have become millionaires and billionaires over the past 10 years through their Kremlin-connected businesses could face serious corruption charges. This is why the best, and perhaps only, way for Putin to preserve immunity is to stay in power until death.
A Russian state commission investigating the crash of the Fobos-Grunt Mars probe will conduct tests to see whether U.S. radar played a role in the spacecraft's failure.
In Tuesday's second presidential debate of the campaign season, firebrand Vladimir Zhirinovsky harangued Prime Minister Vladimir Putin's levelheaded proxy over her patron's refusal to debate and alleged desire to rule for life.
A schmaltzy music video hailing Prime Minister Vladimir Putin as Russia's savior became a hit on the Russian Internet on Tuesday, with many bloggers and YouTube users poking fun at the song's hyperbolic lyrics.
Putin has always been the ultimate "Teflon president" — but certainly not in the Ronald Reagan sense of the word. Putin's brand of Teflon is clearly made in Russia. Because he wants to avoid uncomfortable questions about his decade-long rule, Putin is once again refusing to participate in presidential debates.