Stock market news
Sakhalin-2 operator seeks buyers for LNG in China
Operator of the Sakhalin-2 project offers Chinese buyers to purchase 12 LNG cargoes per year for a period of 3-5 years. This is about 1 million tons of LNG, which is comparable to the volume of the of…
RSPP proposed to protect bona fide owners from deprivatization
RSPP has proposed amendments to legislation that would establish bilateral restitution when companies are deprivatized. This is the right of the state to repossess a particular property, but also the …
Controlling interest in EMC is now held by management
Igor Shilov and other EMC shareholders sold a controlling stake in the company to the EMC management team. Stake was bought by CEO Andrey Yanovsky, CFO Dmitry Shmelev and HR and Organizational Develop…
Japan still buys about 60% of LNG from Sakhalin-2
Operator of the Sakhalin-2 project, Sakhalin Energy LLC, still sells about 60% of its liquefied natural gas production to Japan, according to the company's materials. In addition, shipments to South K…
Severstal started the reconstruction of the mill 2000 furnace at CherMK
Severstal launched an investment project to build heating furnace No. 3 at Mill 2000 at Cherepovets Steel Mill. This is the third stage of technical re-equipment of the furnace section of CherMK's bus…
Lukoil will develop a new section of the West Ash El-Mallaha field
Lukoil Oil Company signed a concession agreement with the Egyptian State Oil Corporation for exploration, development and development of an additional section of the West Ash El-Mallaha field in the E…
Novatek received the first LNG from the Arctic LNG 2 plant
Independent gas producer Novatek produced its first liquefied natural gas at the Arctic LNG 2 plant last December, the company said in its annual report. Medium-tonnage LNG plant Cryogas-Vysotsk produ…
Yandex will bring new brands of electronics to foreign markets
IT company Yandex will start launching new consumer electronics brands on foreign markets. Coordination of the development of new device brands will be handled by Sergey Melnik, who has been working a…
Rusagro consolidated JSC Tuapse Plant of Reinforced Concrete Products
Rusagro Group became the sole shareholder of JSC Tuapse Plant of Reinforced Concrete Products, in which it had held a stake since 2022. Now the plant is not operating. RusAgro is not yet ready to talk…
Sber is developing AI for humanoid robots
Sberbank has begun work on artificial intelligence for humanoid robots. It will be based on a large multimodal neural network. It will be subject to basic models of navigation, manipulation and moveme…
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