Oil traders pour $1.5bn of own cash into $70bn Vostok ‘province’

Trafigura oil traders have put $1.5bn of their own cash into Rosneft's $110bn vast Vostok oil…

First LNG tanker scheduled to set sail from Yamal next month despite glut

The first shipment of Liquefied Natural Gas to be processed at Russia’s massive $27bn Yamal LNG plant…

Russia offers Japan bridge to Trans-Siberian Railway in Far East investment charm offensive

The prospect of being able to travel from London to Tokyo without risking wet feet was…

Yamal paves way for Northern Sea Route

The development of Russia’s $27bn Yamal LNG  plant some 600 kilometres north of the Arctic Circle…

Indian Railways gives new push to North-South Transport Corridor

State-owned Indian Railways is to host a meeting of the heads of its fellow South Asian railway…

Alrosa launches Eurasian Diamond Centre in Vladivostok as Eastern Economic Forum gets under way

Alrosa, Russia’s largest diamond mining operation, launched the Eurasian Diamond Centre in Vladivostok yesterday to coincide with…

Tehran revisits plans for 3,300km Persian pipeline from Gulf to Europe

Iran is reported to be looking  at reviving plans for the so-called Persian pipeline as a…

Saudi Arabia and Egypt revive $4bn Red Sea causeway project

Saudi Arabia and Egypt are planning to build a giant causeway across the Red Sea  connecting the Sinai…

Few takers for Northern Sea Route as shippers stick to what they know

Only 18 ships made use of the Northern Sea Route last year, with analysts suggesting that shipping…

Iran and China join in construction of Kazakhstan’s Mangistau oil refinery

Mangistau oil refinery: Iran, China and Kazakhstan are to join forces to build a new oil…

Northern Sea Route could be ice-free in 15 years, claims expert

The Northern Sea Route could be  completely free of ice all year round,  The Deputy Director of…

Medvedev signs off plans to develop Northern Sea Route

Prime Minister Dmitry Medvedev last month signed off on plans to increase annual freight traffic through the  Northern Sea Route…

Northern Sea Route port at Sabetta scheduled to be fully operational by next year

The Northern Sea Route port  at Sabetta on the Yamal Peninsula will be open for business complete…

BBS Singapore firm to invest $2.7bn into infrastructure projects in Russia’s Far East

BBS Singapore: In a deal agreed at the  Krasnoyarsk Economic Forum on Sunday, Baoli Bitumina Singapore (BBS), a subsidiary of…

Northern Sea Route tackled by first oil tankers

Northern Sea Route: Gazprom tankers carrying 16,000 tonnes of oil  destined for Europe have set off…

Arctic real estate attracts Chinese buyers

Arctic real estate: In a move which is being seen as an  indication of China’s growing…