Tag archive for ‘Russia’
By Raghuram Kadari On Saturday, September 7th, 2019
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Arctic LNG 2 Project in Russia moves ahead with final investment approval

(adsbygoogle = window.adsbygoogle || []).push({}); Arctic LNG 2 Project : Novatek, Total and the other participants have approved the final investment decision (FID) for a liquefied natural gas (LNG) More...

By Raghuram Kadari On Friday, August 16th, 2019
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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
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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.  More...

By Soujanya Ravi On Saturday, October 20th, 2018
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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
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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
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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
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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
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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
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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...

By businessnewstoday On Saturday, October 15th, 2016
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India’s Essar Oil to be acquired for $12.9bn by Rosneft and Trafigura

In what is the largest FDI deal in Indian history, Russian petroleum giant Rosneft and Dutch-based Trafigura Group have acquired 49% each in India’s Essar Oil Limited at a total sum of INR 72,800 crore ($10.9 More...