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The oil from Russia will be enough to supply the Tianjin oil refinery, according to Russia's deputy prime minister.
India is stepping up its space programme with a higher budget and a slated mission to Mars.
Without the constructive participation of the BRICS and other emerging economies, there is little prospect the west will continue to be able to drive global trade flows.
The 5th BRICS Summit will take place in Durban on March 26 and 27 this year.
Here is your guide to the data releases, meetings and other events likely to move BRICS markets in the week ahead.
Awarded the Oscar for Life of Pi, Lee once again bests acclaimed director Steven Spielberg.
Pope Benedict XVI will step down as head of the Catholic Church on February 28 due to old age and failing health.
Experts warned that the price hike may finally build up inflation pressure on China.
South Africa says the framework will largely depend on the commitment, resolve and actions taken by all the signatories.