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Anastasia Lyrchikova

Moscow approves $29 billion power upgrade to encourage domestic suppliers

Jan 24 2019

MOSCOW Russia has approved the start of a 1.9 trillion ruble ($29 billion) modernization plan for domestic power plants, Energy Minister Alexander Novak said on Thursday.

Biting the bullet, not the dust: Deripaska gives up his aluminum empire

Dec 20 2018

MOSCOW The U.S. decision to lift sanctions on Russia's Rusal , the world's top aluminum producer outside China, is widely seen as a Christmas present for the company, global consumers of its metal, and the Russian stock market.

Crimea power stations in sanctions row may face new delay

Dec 04 2018

MOSCOW Russia may delay until March the official launch of its power stations in Crimea, the stations' engineering firm said, the latest hitch to the plants where Russia is accused of installing German-designed electricity turbines in contravention of sanctions.

UPDATE 1-Crimea power station in sanctions row suffers teething problem: Moscow

Oct 19 2018

MOSCOW, Oct 19 A power station in Crimea where Russia has installed two German-designed electricity turbines in contravention of sanctions was slightly damaged when a mishap occurred during testing, Russia's energy ministry said on Friday.

Crimea power station in sanctions row suffers teething problem: Moscow

Oct 19 2018

MOSCOW, Oct 19 A power station in Crimea where Russia has installed two German-designed electricity turbines in contravention of sanctions was slightly damaged when a mishap occurred during testing, Russia's energy ministry said on Friday.

Kremlin aide wants top firms to invest more rather than pay windfall tax

Aug 25 2018

MOSCOW Kremlin aide Andrei Belousov said on Friday he would like major Russian firms to invest in social projects rather than pay higher taxes, weeks after he proposed raising 500 billion rubles ($7.5 billion) a year from metal and mining firms.

UPDATE 1-Russia's Mechel swings to net profit, refinances debt in Q2

Aug 22 2018

MOSCOW, Aug 22 Russian coal and steel producer Mechel swung into a net profit in the second quarter from a loss in the same period of the previous year, and has obtained a loan to refinance its debt, the company said on Wednesday.

Russian steelmakers play down impact of EU's import curbs

Jul 18 2018

MOSCOW Russian steel producers played down the impact of the European Union's curbs on steel imports on Wednesday, which, according to analysts, may even allow some of them to increase supplies to the bloc compared with a year ago.

Russia's InterRAO plans to buy 11 percent of its shares from stakeholders: sources

Jun 18 2018

MOSCOW Russian state energy company InterRAO plans to buy 11.25 percent of its shares held by power company Rushydro and Federal Grid Company (FSK) , two sources close to the deals said on Monday.

Enel in advanced talks with Russia's Melnichenko over Reftinskaya coal plant sale - sources

May 25 2018

MOSCOW/ST PETERSBURG, May 25 Italy's biggest utility Enel is in advanced talks with Russian businessman Andrey Melnichenko over the sale of Enel's Reftinskaya coal plant, three sources familiar with the talks told Reuters on Friday.

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