Finance & Markets

5,500 Kilometers of Drilling: How LUKOIL Uncovered Russia’s Hidden Oil Wealth

LUKOIL, a Russian company, is emphasizing its 35-year history of technological development, significant hydrocarbon discoveries, and geological exploration, which suggests that the search for...

Russia Registers Four Homegrown Turbochargers to Replace Imports

Russia has taken another step toward the replacement of imported equipment used in railway locomotives and heavy-duty mining machinery by including four domestically developed...

Russia’s Floating Nuclear Power Deal With Indonesia Could Change the Energy Game

Russia has secured a landmark agreement with Indonesia to supply electricity from floating nuclear power units, opening a new international market for its compact...

Russia’s Electronics Push Takes a New Turn With 50,000 Katyusha Boards

Russia has completed production of its first major batch of 50,000 domestically manufactured high-voltage and power supply boards for Katyusha printers and multifunction devices....

Russia Upgrades Its Biggest Locomotive Factory as a New Generation of Trains Takes Shape

Russia’s Novocherkassk Electric Locomotive Plant (NEVZ), the country’s largest manufacturer of mainline and industrial electric locomotives, is upgrading its production facilities while preparing to...

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