Tag archive for ‘Russia’
By Soujanya Ravi On Sunday, September 29th, 2019

Kolskaya wind project : Enel breaks ground on 201MW Russian wind farm

(adsbygoogle = window.adsbygoogle || []).push({}); Italian renewable energy company Enel Green Power has broken ground on the 201MW Kolskaya wind project in Russia, which will come up in the Murmansk More...

By Raghuram Kadari On Saturday, September 7th, 2019

Arctic LNG 2 Project in Russia moves ahead with final investment approval

Arctic LNG 2 Project : Novatek, Total and the other participants have approved the final investment decision (FID) for a liquefied natural gas (LNG) development on the Gydan peninsula in the Russian Arctic region, More...

By Raghuram Kadari On Friday, August 16th, 2019

Sibur upgrades terephthalic acid production facility in Blagoveshchensk

Russian petrochemicals company Sibur has upgraded its terephthalic acid production facility (TPA production facility) at its Blagoveshchensk site in Russia to meet the growing demand for the polymer in the country More...

By businessnewstoday On Wednesday, July 24th, 2019

TechnipFMC wins $7.6bn Arctic LNG 2 project contract

Arctic LNG 2 project contract : Novatek has awarded TechnipFMC an engineering, procurement and construction contract (EPC contract) worth $7.6 billion for the Arctic LNG 2 project in West Siberia in Russia. Under More...

By Soujanya Ravi On Saturday, October 20th, 2018

GE bags contract for turbine islands for $30bn El Dabaa nuclear power plant

AAEM, a joint venture of GE Power and Atomenergomash, has secured a contract to provide turbine island equipment for the 4.8GW El Dabaa nuclear power plant, which is being built with an investment of $30 billion More...

By businessnewstoday On Friday, April 27th, 2018

Lamb Weston, Belaya Dacha open Lipetsk french fry factory in Russia

Food processing news : Lamb Weston / Meijer and Belaya Dacha Group have opened their jointly owned RUB8.7 billion (€115 million) french fry factory in Lipetsk in western Russia. Lipetsk French Fry Factory in Russia According More...

By businessnewstoday On Sunday, March 18th, 2018

Japan Tobacco to acquire Russian tobacco company Donskoy Tabak for $1.6bn

Cigarette industry news : Japan Tobacco (JT), a Japanese government-controlled cigarette manufacturing company has made a deal to acquire Russian tobacco company Donskoy Tabak (DT) for about RUB90 billion ($1.6 More...

By businessnewstoday On Thursday, March 1st, 2018

ADM to acquire 50% stake in Russia’s Aston’s syrups and starches business

Food acquisition news : US food processing company Archer Daniels Midland (ADM) has struck a deal to acquire a stake of 50% in the starches and syrups business of Aston Foods and Food Ingredients, a Russian food More...

By businessnewstoday On Saturday, February 17th, 2018

VTB Group buys 29.1% stake in Russian supermarket chain Magnit for $2.45bn

Retail acquisition news : State-controlled Russian bank VTB Group has agreed to buy out a 29.1% stake in Russian supermarket chain Magnit for a sum of nearly RUB 138 billion ($2.45 billion) from its owner and founder More...

By businessnewstoday On Sunday, September 10th, 2017

CEFC China Energy to buy $9.1bn worth stake in Russian oil giant Rosneft

Energy acquisition : In the latest oil and gas industry news, CEFC China Energy Company has agreed to buy a stake of 14.16% in Russian oil giant Rosneft Oil Company for $9.1 billion from the consortium of Swiss More...