Pakistan is likely to pay for shipments of crude oil from Russia in Chinese yuan, local media reported on Saturday, citing government sources. The first cargo of 750,000 barrels is expected to dock as soon as in June.

Russian state-owned energy giant Rosatom has begun building a second reactor at the El-Dabaa Nuclear Power Plant (NPP) in Egypt, Rosatom’s press service told RIA Novosti on Saturday. The four-reactor El-Dabaa plant is situated some 300km northwest of Egypt’s capital, Cairo. The project was launched back in 2017, while construction began this past July. The…

Many Russian businessmen saw their profits soar last year despite the pressure of Western sanctions and the volatile state of the global economy, Forbes reported on Friday. The latest Forbes Russian billionaire list now includes 110 names compared to 88 a year earlier. The businessmen who managed to pass the threshold to become billionaires did…