Exxon withdrawal and CEFC chief’s fall from grace double whammy for Rosneft

In what can without exaggeration be described as a bad day at the office,  Rosneft was…

India and Russia close to reviving two-year Kamov helicopter JV deal

New Delhi and Moscow  are finally getting close to signing off on the $1bn joint venture…

Rosneft and ChemChina sign up to giant FEPCO petrochemical JV

FEPCO: China’s chemical giant ChemChina yesterday agreed to enter into a joint venture  with Rosneft to…

Lufthansa boss Carsten Spohr on mission to sign JV with Air China

Deutsche Lufthansa CEO Carsten Spohr is due to  travel to Beijing with German Chancellor Angela Merkel next week…

Norwegian firm close to JV in Iranian petrochemicals sector

Iranian petrochemicals: In what would be one of the first major gas deals to be signed…

Kazatomprom & ConverDyn in UF6 deal

UF6 deal: Kazakhstan’s national atomic company Kazatomprom and ConverDyn, the US-based provider of natural uranium hexafluoride (UF6)…

Chinese electric car maker BYD to invest $2bn in Indian battery plant

Chinese electric auto maker BYD is considering investing  more than $2bn in a battery production plant…

Rouhani calls for privatisation of Iran’s car industry

Iran’s car industry should be completely privatised if it is to become a global competitor, President…

Rosneft increases stake in Orinoco River Basin JV and offshore projects

 Rosneft has agreed to to invest a further $500m in the  Orinoco River Basin JV it operates with…

IRISL and PWL in talks over new German Iranian shipping JV

Islamic Republic of Iran Shipping Lines (IRISL) and Germany’s PWL Group have signed an MoU that opens…

UAE’s DP World ready to invest $2bn in Russian container terminals with RDIF

One of the world’s largest port operators , the UAE’s DP World has agreed to set up…

Rostec in technology JV talks with Iran’s industrial sector – Chemezov

Russia’s state-run industrial holding company Rostec has been holding  talks in Tehran around the possibility of establishing technology-based…

Free Port of Vladivostok secures first investors as Zarubino gets the OK

The Free Port of Vladivostok has attracted its first investors since it secured SEZ status this summer,  in…

Azeri food exporter Azersun sets up St Petersburg JV

Azeri agribusiness and food manufacturer Azersun Holding has set up a joint venture in St Petersburg to…

KAMAZ and Hawtai join forces for truck and car production

Russian truck manufacture KAMAZ and Hawtai Motor Group from China are to set up a joint venture…

Russia and Canada suspend twin Otter project in Ulyanovsk SEZ

Canada and Russia have suspended plans to jointly develop  the de Havilland DHC-6 Twin Otter Series aircraft…

Mongolian uranium mining JV changes hands

Mongolian uranium: Canada’s Denison Mines is to sell its stake in the Gurvan Saihan uranium mine in Mongolia’s…

Mitsubishi consortium to build fertiliser plant in Uzbekistan

A consortium including Japan’s Mitsubishi Heavy Industries and  Uzbekistan’s Navoiazot  have formed a consortium to build…

GM Uzbekistan planning new car plant

Uzavtosanoat  and GM Uzbekistan  are planning to build a new factory, a spokesman for the Uzbek company told…

Russia and China discuss long-haul passenger aircraft JV

Russia and Chine are considering joining forces to develop a  wide-bodied, long-haul passenger aircraft  to compete with…

Saudi Arabia and Russia agree $10bn investment programme

Saudi Arabia’s and Russia’s  state-run investment finds last month sealed a deal which will see the two…

Huafen and Rubicon to invest $270m in Far East open-cast coal mine

Far East open-cast coal mine: China’s Huafen and  Russia’s Rubicon are to invest $270 million in a new…

China winning race to build Amur River bridge with Russia still in the blocks

Amur River bridge: Chinese contractors have  finished  two-thirds of their side of the landmark bridge across…

China’s CNGC and Polyus Gold strike deal over Natalka gold mine

Natalka gold mine Polyus Gold and the China National Gold Group Corporation (CNGC) have agreed to jointly…