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. Last Updated: 07/27/2016

For the Record

North Korea and Russia will start operating a 54-kilometer cross-border freight railway in October that will carry 100,000 freight containers a year, linking the North's Rajin port and the Russian city of Khasan, the official Korean Central News Agency reported.

Gazprom Neft approved spending of more than 20 billion rubles ($680 million) this year to upgrade the Moscow oil refinery, which can process 242,000 barrels of crude a day, the company said Monday.