Congress imposes ban on Pentagon’s cooperation with Russians
U.S. Congress approved Pentagon’s budget estimate, which, in particular, imposes a ban on the agency’s cooperation with JSC Rosoboronexport, the Russia’s sole state corporation for exports and imports of defense-related products and technologies.
Notorious General Oleg Feoktistov fired from Rosneft and FSB — media
Oleg Feoktistov, Vice-President and the head of security service of Rosneft, a Russian oil giant, was dismissed from this state-owned company, as well as from the Federal Security Service (the FSB) of Russia, Novaya Gazeta newspaper reports on Tuesday citing its sources in Rosneft and the FSB.
ExxonMobil to invest $20 billion in expanding production in Mexico Gulf
The US energy company ExxonMobil Corp. plans to invest $20 billion over the course of 10 years in the expansion of oil and gas processing projects on the north coast of the Gulf of Mexico, the head of the company, Darren Woods, announced at a conference CERAWeek 2017.
Highest mountain road tunnel to open in Tibet
In September 2017, the new highest mountain road tunnel with the average height of 4.74 meters above the sea level is scheduled to be put in operation in the Tibetan autonomous region of China, China Daily reports on Tuesday, citing the builders’ headquarters.
Russian government to support waste-to-energy plants
Russian Prime Minister, Dmitry Medvedev, signed a decree allowing the extension of measures of state aid rendered to renewable sources of energy to generating facilities operating on the basis of solid waste incineration, as it follows from a message published on the government’s official website.
Swiss firm controlled by Russians invests $200m in Australian assets
Pala Investments, a Swiss investment company controlled by Russian businessman and former co-owner of Mechel Vladimir Yorikh, is studying an Australian sector of mineral companies in search for objects to invest available funds in the amount of $200 million, The Australian reports.
Moscow allocates $7,2 billion to construction this year
Over the course of the year 2017, about 420 billion rubles ($7,2 billion) are planned to be allocated from the Moscow city budget to the construction activities, the head of the Construction Department of the Russia’s capital, Andrei Bochkaryov, said on Monday.
Russian billionaire seeks to become investor of Serbian international airport
Airports of Regions Holding, incorporated in Renova company owned by Russian billionaire Viktor Vekselberg, plans to take part in a tender for the selection of an investor of an international airport of Belgrade, Serbia, the company’s director general, Yevgeny Chudnovsky, said in an interview with Interfax news agency.
Kazakhs to erect warehouses for $188 million in Russia
Volver Company, a Kazakh entity, will build over 500,000 square meters of warehouses in the Novosibirsk region, in Russia, the head of the company, Yevgeny Tarsky, told reporters today over the course of a meeting of the regional Investment Council.
Germans find no obstacle for Nord Stream 2 construction
The Federal Network Agency (Bundesnetzagentur), the German regulatory office for electricity, gas, telecommunications, post and railway markets, sees no legislative barriers to a project for the construction of Nord Stream-2 pipeline.
China declares war against protectionism
China will actively oppose protectionism and advocate globalization of the world economy, Premier of the State Council of China, Li Keqiang, said over the course of a presentation of the annual Government Work Report.
Air Liquide terminates its operation in war-struck Eastern Ukraine
Air Liquide, a French company the world’s leader in the market of industrial gases, announced the termination of its operation in the Donbas, namely, on the territories that are not controlled by the Ukrainian authorities, Interfax reports on Monday.