The Carpathian Mountains and the Atlantic Ocean have excited admiration for nature in Ivan Blanarik.

Gazprom on Friday shipped the first oil from the country's only offshore Arctic field in operation to Europe, marking the latest step in the development of the environmentally fragile and ice-cold site.

President Vladimir Putin has upbraided the U.S. for speaking out about Russia's gas trade with Ukraine and the rest of Europe.

A plant to produce vaccines is opening next week thanks to support from the state-owned giants of the domestic economy: the development bank VEB and defense conglomerate Rostec.

Russian Railways' monopoly has suffered a loss in the first quarter because of the government's decision to freeze freight rates, company chief Vladimir Yakunin said Wednesday.

Russian Railways has put to use the North Korean port it helped to upgrade recently.

Billionaire Mikhail Prokhorov has pulled out of a plan to build a hybrid car, whose test model he showed off to President Vladimir Putin, as the weakening of the ruble has pushed ...

The nation's coal mining companies suffered major losses last year as cheap U.S coal exports drove down prices.

State-controlled oil giant Rosneft has launched a charm offensive amid the government's standoff with the West.

Economic Development Minister Alexei Ulyukayev has admitted that private investment in the country has stalled in the wake of Russia's absorption of Crimea, but offered ways to make up for the shortfall.