Chron.com, September 26, 2019: In August, UHD opened its long-awaited  College of Sciences & Technology Building . The state-of-the-art academic facility will start a new chapter for the institution's efforts in educating future STEM stars. As the University of Houston System's first building built to LEED Gold standards, it is the embodiment of sustainability in practice with energy efficient lighting, its use of recycled materials, and smart design features, including a system that transports air conditioning condensation into a cistern that collects water for urban gardens. Read more...

Rt.com, September 26, 2019: Russia's international reserves, which include its gold and foreign currency holdings, have risen to $532.6 billion, representing growth of 0.3 percent in one week, recent data released by the country's central bank shows.

Themoscowtimes.com, September 25, 2019: Forbes magazine has  published  its 2018 list of the 50 largest foreign companies in Russia. The top ten includes four retailers, three car manufacturers, two tobacco companies and Pepsi.

Auchan is at the top of the list, as it has been since 2015, with revenues of 327.7 billion rubles ($5.14 billion). Kia Motors, made it into the top ten, jumping to eighth place with revenues of  232.4 billion rubles ($3,64 billion) from eleventh place last year. 

The total revenue of the 50 companies in the Russian market in 2018 has increased by 10.2%  to 6.4 trillion rubles, Forbes   said .   Read more...

Neftegaz.ru, September 25, 2019: Gazprom Neft plans to invest 1.4 billion EUR in the development of Serbian oil & gas group  NIS  by 2025, the CEO of NIS, Kirill Tyurdenev said. Gazprom Neft controls 56.15% of NIS, while the Serbian government owns a 29.87% stake.  "Our long-term development strategy assumes a further investment of 2 billion EUR between 2017 and 2025. If we consider the current period remaining until 2025, this is 1.4 billion EUR," Tyurdenev said in an interview to Energy Intelligence posted on the corporate website.

This year NIS will complete the construction of the deep processing complex with delayed coking technology. This is the largest investment project of the 2nd stage Pancevo refinery modernization and one of the largest investments in the  country 's economy in recent years: the project costs exceed €300 million. Read more...

Neftegaz.RU, September 26, 2019: Today, NOVATEK,   Mitsui O.S.K. Lines, and Japan Bank for International Cooperation (JBIC) signed a Cooperation Agreement confirming the parties' intentions to implement projects for the construction of a marine LNG transshipment complexes in the territory of  Kamchatka and Murmansk region, including possible acquisition of participation interest in Projects and potential financing of Projects.  "We have already started successful cooperation with Japanese companies in large LNG projects, including Yamal LNG and Arctic LNG 2, and, accordingly, we see great potential in expanding further this mutually beneficial cooperation," said Leonid Mikhelson,  NOVATEK 's Chairman of the Management Board.  Read more...

Tass.com, September 25, 2019: Russian Foreign Minister Sergey Lavrov and his Hungarian colleague Peter Szijjarto have agreed to speed up the work on bilateral agreements in the trade-economic sphere during a meeting on the sidelines of the 74th session of the UN General Assembly on Wednesday, the Russian Foreign Ministry informed.  "Both countries' foreign ministers have discussed the schedule of political contacts for the immediate future, the prospects for enhancing trade-economic cooperation between Russia and Hungary, namely in the sphere of energy, industrial cooperation, social security. The sides have agreed to make an additional impetus to the work on bilateral agreements in these and other spheres," the ministry noted.   Read more...

Rusaviainsider.com, September 26, 2019: Azimuth Airlines, the only airline in the world whose fleet comprises exclusively of Russian-made Superjet 100 regional aircraft, is harbouring plans to operate larger aircraft, such as the Airbus A220 (formerly the Bombardier CSeries). This follows from the vacancies posted by the Russian regional carrier on a recruitment portal.

Azimuth's passenger load factor reached 85% in January-July period, an increase of 1.3 percentage points over the same period last year, according to the Federal Air Transport Agency Rosaviatsiya data.   Read more...

Azernews.az, September 25, 2019: SOCAR is implementing new investment projects to increase the storage capacity of the Star Refinery, which is able to process 10 million tons of crude oil per year.  Thus, SOCAR Storage Terminal Tank Expansion Project has been completed and commissioned at the SOCAR Storage Terminal, and the foundation of STAR Refinery Crude Oil and Oil Product Tanks Project was laid in the Aliaga region of Izmir, on September 25.  Rovnag Abdullayev, President of SOCAR, and Zaur Gahramanov, CEO of SOCAR Turkey Energy, and others attended the ceremony dedicated to commissioning new tanks at the SOCAR Storage Terminal and laying the foundation of new tanks at the STAR refinery.    Read more...

Business.financialpost.com, September 26, 2019: Kazakhstan and a consortium of oil majors developing the giant Kashagan oil and gas field are considering building a $1 billion gas processing plant nearby, Kazakh Deputy Energy Minister Murat Zhurebekov told Reuters on Thursday.  The Central Asian nation has given up the idea of building a similar plant near another large field, Karachaganak, he said.  Zhurebekov said Kazakhstan had not decided how to finance the project, which would have a capacity of 1 billion cubic meters per year using gas from Kashagan, which plans to ramp up its output over the coming years.   Read more...

The ambassador said: "Relations between our countries are stable and oriented towards longevity. German companies come to work in Belarus not for the sake of making fast money and leaving. They come here to stay. It is part of the German trade and economic policy."