Russia: KRET develops new Okhotnik target detection system for PAK FA fighter jet

“Okhotnik is planned to be integrated with the target sight optoelectronic systems of the fixed-wing/rotor-wing aircraft and other sophisticated military equipment. The system is intended for the electronic stabilization of the images and the detection/tracking of targets in automatic mode. Okhotnik increases the range of target acquisition in harsh environment by 50-100%”, a KRET`s spokesperson…

Russia: Total and Zarubezhneft close the deal to transfer a 20% participating interest and Kharyaga PSA operatorship

Total E&P Russie, a 100% affiliate of Total group, has transferred a 20% participating interest in and the operatorship of the Production Sharing Agreement for the Development and Production of Oil in the Kharyaga Field to Zarubezhneft-Production Kharyaga LLC, a subsidiary of Zarubezhneft JSC. Pursuant to Amendment No. 3 to the Kharyaga PSA signed by…

Russia: sunflower stocks up

As of July 1, oilseed stocks at Russian enterprises were 675 KMT, up by 268 KMT, or by 66% YoY (407 KMT). Sunflower seed stocks are 100% higher than last year. Thus, there were 389 KMT of sunflower seed against 184 KMT in 2015. (UkrAgroConsult/Business World Magazine)