Russia Archives — Page 2 of 2 — City Business News

March 3, 2022 No Responses

Toyota, Honda, VW, Jaguar Land Rover, Others Cut Business In Russia

Japanese car makers Toyota and Honda have joined the growing list of corporates pulling out of Russia as the Ukraine crisis continues to intensify. They follow western car makers Volkswagen, Volvo and General Motors, motorcycle maker Harley-Davidson, as well as several oil majors and...

March 1, 2022 No Responses

Canada To Ban Imports Of Crude Oil From Russia

Canadian Prime Minister Justin Trudeau has announced a ban on Russian oil imports following the country’s invasion of Ukraine. Mr Trudeau said oil revenues have helped to prop up President Vladimir Putin and Russian oligarchs. Coordinated Western s...

February 28, 2022 No Responses

BP To Offload Stake In Russian Oil Firm

BP is to offload its 19.75% stake in Russian state-owned oil firm Rosneft after Russia’s “act of aggression in Ukraine”. The oil giant had come under pressure from the UK government to make the move since Thursday’s invasion. It h...

February 26, 2022 No Responses

Nigeria Summons Russian, Ukrainian Envoys

October 22, 2021 No Responses

Russia To Export Premium Cars To Middle East, Africa In 2022

Russia will begin exporting its premium car Aurus to the countries of the Middle East and North Africa next year, Adil Shirinov, the company’s Chief Executive Officer, has said. “I think that it [export] will definitely start next ...

May 28, 2021 No Responses

Russia Blocks Air France, Austrian Airlines For Avoiding Belarus

Russia has denied entry to two European airlines because they planned to avoid flying over Belarus to get to Moscow. Air France and Austrian Airlines have both had to cancel services after their flight plans were rejected by Russia. Some...

April 17, 2020 No Responses

Hyundai Restarts Car Plants In Russia, Czech Republic

Hyundai Motor has resumed operations at Eurasian plants shut down for weeks as a precaution against the spread of the novel coronavirus. The South Korean automaker restarted its Russian assembly plant in St. Petersburg followed by reboot of the factory.....

February 9, 2020 No Responses

New LNG Transshipment Terminal Gets Approval

Russia’s federal autonomous institution, Glavgosexpertiza has reviewed and approved the design documentation and engineering survey results for the construction of an LNG transshipment terminal in the Kamchatka Territory. In October 2017, the Kamchatka gover...

October 24, 2019 No Responses

Russia Pledges Support For Lagos-Calabar Rail Line

The Russian Government has agreed to support development of Nigeria’s rail infrastructure by constructing 1,400 kilometres track from Lagos to the South-South city of Calabar. The development was one of the agreements reached at a meeting between President M...

October 4, 2019 No Responses

Nigeria, Qatar, Russia Fault Unilateral Economic Sanctions

The 21st Ministerial Meeting of Gas Exporting Countries commenced on Thursday in Moscow, Russia under the Chairmanship of Manuel Salvador Quevedo Fernandez, Power Minister of Petroleum of the Bolivarian Republic of Venezuela. The Meeting was attended by ...

May 12, 2019 No Responses

Firm Secures $297m Loan For Two LNG Carriers

Russian shipping company Sovcomflot (SCF Group) has signed a new USD 297 million limited recourse credit facility to finance its two next-generation LNG carriers. The financing deal, with a duration of up to ten years, was concluded with three international...

June 15, 2018 No Responses

Russia Humbles Saudi Arabia 5-0

It was expected. Russia made a fine start to their 2018 FIFA World Cup campaign as they defeated Saudi Arabia in the tournament’s opening game. Yuri Gazinskiy scored the first goal of the tournament after only 12 minutes when he...

March 18, 2018 No Responses

23 UK Diplomats Expelled From Moscow

Russia is to expel 23 British diplomats in a row over the nerve agent attack on an-ex spy and his daughter in the UK. The Russian foreign ministry said the UK staff would be expelled from Moscow within a week...

December 30, 2016 No Responses

Russia vows response to diplomat expulsion from US

Russia has promised to respond to the expulsion of 35 of its diplomats from Washington, amid a bitter dispute over alleged Russian interference in the recent US presidential election. A spokesman for President Vladimir Putin said the Kremlin’s reaction w...