Construction giant Odebrecht banned from tenders in Argentina
Odebrecht, a Brazilian construction giant, has been temporarily prohibited from taking part in tenders for building activities in Argentina, the press office of the Argentina’s Ministry of Internal Affairs and Public Works said on Monday.
Gazprombank and China Chengtong set up $1 billion investment fund
JSC Gazprombank, the Russia’s third largest bank, and China Chengtong Holdings Group Ltd, a Chinese company engaged in integrated logistics service and assets operation, have signed an agreement on the establishment of a joint investment fund.
Putin orders to create animation hi-tech park
Russian President Vladimir Putin instructed the federal government and Moscow authorities to ensure the establishment of a hi-tech park on the premises of Soyuzmultfilm animation film studio.
US power companies turn against new bill on anti-Russian sanctions
Exxon Mobil Corp and other energy companies, as well as the White House, expressed their concerns about the Senate’s bill on sanctions against Russia and Iran that may freeze oil and gas projects with participation of Russian partners around the world, The Wall Street Journal reports.
Gazprom Neft receives approval to purchase 25% of Spanish Repsol
The Federal Antimonopoly Service of Russia has satisfied a motion submitted by Gazprom gas holding to purchase a 25-precent stake in Evrotek-Yugra, which is a subsidiary of the Spanish Repsol in the Khanty-Mansi autonomous district in Russia, the agency’s press office reports on Monday.
Russia sees 14-percent growth of non-resource exports
At present, the growth of non-oil exports of the Russian Federation accounts for 14% against a decline in the previous year at the level of 7.3%, Russian Deputy Prime Minister Arkady Dvorkovich said at a presentation of the country’s investment potential in Rome.
Iran to sign $4,8-billion deal with Total
On July 3, Iran, in the face of National Iranian Oil Company, and Total, will sign an agreement worth $4.8 billion on the development of the 11th phase of South Pars gas field, Rambler News reports on Monday.
Gazprom and Socar negotiate gas supplies to Azerbaijan
Gazprom, a Russian gas giant, and the Azerbaijani company Socar have held negotiations on the issue of the supplies of Russian gas to Azerbaijan, as it follows from a statement released by the Russian holding following a meeting between Alexey Miller, the head of Gazprom, and Rovnag Abdullayev, the president of Socar.
Russia’s largest laundry to be built for $25 million
Cotton Way, a company specializing in rental lease and professional handling of textile, will build Russia's largest industrial complex processing linen with a total investment of 1,5 billion rubles ($25 million) for a period of 3-4 years.
Sea off the coast of Crimea included in free economic zone
President of Russia, Vladimir Putin, signed a federal law on the inclusion of internal seawaters and territorial sea of the Russian Federation along the coastline of the Crimean Peninsula in the region’s free economic zone.