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World oil prices

Oil price of $70-80 per barrel comfortable for Rosneft, CEO says

Earlier the regulator raised the forecast for average price for oil in 2018 from $61 per barrel to $67 per barrel

MOSCOW, June 15. /TASS/. Oil prices of $70-80 per barrel are comfortable for Rosneft, Head of the company Igor Sechin said on Friday after meeting with Minister of Energy, Industry and Mineral Resources of Saudi Arabia Khalid al-Falih.

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Economic Development Ministry expects average oil price in 2018 to be $65-70 per barrel

"Over the past year and a half, Russia, Saudi Arabia and other oil producers by joint efforts have restored the market balance by reducing their oil production. Saudi Arabia and Russia made the biggest contribution. Growth of prices to a comfortable level of $70-80 per barrel for Brent crude oil is the result that fully satisfies us," Sechin said according to Rosneft press service.

Earlier Governor of the Central Bank Elvira Nabiullina said at a press conference, that the regulator raised the forecast for average price for oil in 2018 from $61 per barrel to $67 per barrel. "Oil prices turned out to be higher than expected, and we slightly increased forecast for them - from $61 to $67 per barrel on average for the current year," she said.

On March 23, the Central Bank raised the forecast for average oil price to $61 per barrel. At the time, Nabiullina noted that the ruble exchange rate became less dependent on changes in oil prices.

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Rosneft Oil price

Eurasian Economic Union

EAEU leaders approve 17 documents following summit in Leningrad region

These include an agreement on the single customs transit system, a decision on the entry into force of the free trade agreement with Iran, and an order on the functioning of the single services market within the EAEU

Russian forces break through Ukrainian defense lines in Kharkov Region — expert

Marochko added that the operation allowed Russian troops to "expand their zone of control" in the area

Azerbaijan Airlines says its ill-fated jet underwent full examination in October

The aircraft’s crew chief, Igor Kshnyakin, clocked more than 15,000 hours of flight time

Russia says Su-35S fighter jets provide cover to Aerospace Forces in Kursk Region

Also, one aircraft used onboard weapons systems to detect enemy air defense sites, according to the ministry

Russia 10 years ahead of whole world with research into 4th generation nuclear power

The BREST-300 fast neutron reactor is due to be launched in 2026-2027 and to go on stream in 2028

Ukrainian agent fails to plant bomb under car of Russian defense official — FSB

The apprehended Ukrainian agent said that he had retrieved the explosive from a cache in the Moscow Region and tested its detonator

Oboronlogistics company blames loss of its ship Ursa Major on terrorist attack

The Ursa Major dry cargo ship wrecked in the Mediterranean Sea

Russian troops liberate Novy Trud community in Donbass region over past day

Russia’s Battlegroup South inflicted roughly 245 casualties on Ukrainian troops and destroyed six enemy howitzers in its area of responsibility over the past day, the Defense Ministry reported

Lavrov sees ceasefire in Ukraine as road to nowhere, calls for reliable agreements

The top Russian diplomat pointed out that those accords should first and foremost address the root causes of the Ukraine crisis

Russian fighters control about 40% of Terny in Donetsk region, military expert says

Andrey Marochko added that Russian servicemen have advanced east of Yampolovka, bringing the distance between that village and Russia’s frontline positions to less than 1.2 miles

Zelensky defines essence of next summit on Ukraine in four-letter explicit word — Lavrov

The first Kiev-initiated conference on Ukraine was held in Burgenstock, Switzerland, on June 15-16

One of two power cables between Estonia, Finland fails for an unknown reason

Two sets of underwater high-voltage direct current power cables connect Finland and Estonia

Sandu regime may seize Moldavan power plant in Transnistria — Russian Foreign Ministry

Maria Zakharova noted that "under such a scenario, the Russian peacekeeping presence in the region will be jeopardized"

Russia to donate 1 million euro to UN Climate Convention

The document says that the goal of the payment is to ensure the representation of Russian staffers in the convention’s secretariat

Baku, Yerevan can jointly initiate dissolution of OSCE Minsk Group — diplomat

The spokeswoman went on to say that the stalemate began when Western countries de-facto blocked the work in this format

Bosphorus transit suspended due to malfunction of tanker en route to Russia

The Cordelia Moon is 274 meters long and 50 meters wide

Russia’s Chechnya ships 200 ‘Jihad mobile’ vehicles for special military operation

The authorities of Chechnya handed over 200 "Jihad mobile"

West plans to destabilize situation in Serbia — Foreign Ministry Spokeswoman

According to Maria Zakharova, the interim self-governance bodies in Pristina, enabled by the United States and the EU, make steps to create intolerable conditions for the Serb population of Kosovo, effectively trying to drive it out of the region

Ukrainian agents attempted to deliver booby-trapped documents to Archangel Project head

The project's curator Vitaly Romanov noted that the bomb was defused, and no one was injured

Mother, her 11-year-old son among victims of Kazakhstan plane crash — authorities

The emergencies ministry has published the official list of Kazakh citizens who perished in the crash

Ukrainian agent planned to present explosive gift to Russian defense official — FSB

The Russian Federal Security Service reported earlier on Thursday that it had foiled a series of assassination attempts on the lives of high-placed Defense Ministry officials in Moscow and their family members

Syrian authorities introduce curfew in Latakia, Homs after Alawite protests

Previously, a curfew was imposed in another large Syrian city, Homs, from 6:00 p.m. to 8:00 a.m. local time

Ukraine’s General Staff reports tense frontline situation

The most difficult situation for Ukrainian troops is observed in the Krasnoarmeisk (Pokrovsk), Kurakhovo and Vremevka frontline areas

Russian emergencies minister expects more natural disasters due to climate change

The Russian emergencies minister, Alexander Kurenkov, added, that weather anomalies are becoming more and more frequent

Termination of transit of Russian gas to kill Ukraine’s gas transport system — experts

Moreover, Ukraine will have to reorganize the flows of gas on the domestic market and resolve respective issues with keeping pressure in the eastern and central parts of the gas transport system, experts added

IN BRIEF: What is known about passenger plane crash in Kazakhstan

According to the Kazakh Transport Ministry, the plane belonged to Azerbaijan Airlines

Nine killed in shootout with law enforcers in Syria’s Tartus — TV

According to the report Al Hadath, the operation was aimed at detaining a high-ranking former officer of the previous government

FACTBOX: Shelling of Lgov in Russia’s Kursk Region

The attack resulted in the deaths of three individuals, with a fourth victim passing away from injuries at the hospital shortly afterward

Is Gaddafi's gloom prophecy in regard to Europe bound to be fulfilled?

As Europe’s migrant crisis grows far and wide, many Russian media are recalling the late Libyan leader Muamar Gaddafi’s gloom prophecy made several months before his violent death

South Korean opposition launches impeachment proceedings against acting president

According to the law, an impeachment vote can take place no earlier than 24 hours after the initiative is introduced at a plenary session

Diplomat refutes allegations about departure of new Russian ambassador to Washington

In late November, Russian media outlets reported that Director of the Foreign Ministry’s North America Department Alexander Darchiev may become Russia’s new ambassador to the US, taking over for Anatoly Antonov who returned to Moscow, having been relieved of his duties as envoy by President Vladimir Putin’s decree

Armored vehicle with Israeli commanding officers blown up in West Bank

The rest of the passengers in the vehicle did not get injured

Astana, Moscow, Baku will not hide information on plane crash — Senate speaker

Maulen Ashimbayev warned against premature conclusions concerning an external impact on the plane based on photographs, noting that certain forces were trying to derive dividends

Kremlin admits legal action over transfer of $1 bln from Russian assets to Ukraine

"Such illegal actions, including the transfer of this billion, may surely prompt legal action. And we will surely use all possibilities in the future to protect our rights and the rights to our property," Dmitry Peskov noted

Greece continues to ship munitions to Ukraine en masse — website

According to the report, the people of Greece witnessed the passage of convoys of Greek and foreign-made trucks transporting containers, mainly with shells, to Balkan states and Poland, and eventually to Ukraine

Oil slick monitoring zone in south Russia expanded

As of December 25, a total of 4,100 people have been taking part in the cleanup effort

Russia has no illusions that Ukraine conflict can be resolved easily — top diplomat

"We have never stated that the incoming administration of [US President-elect Donald] Trump will necessarily give a start to negotiations on global security, on Ukraine," Sergey Lavrov noted

France made several requests to Russia on Ukraine topic through private channels — Lavrov

According to the Russian foreign minister, Paris proposed "to assist and facilitate dialogue on the Ukrainian issue"

Russian commissioner hopes for resumption of effort to bring children from Syria

The effort has been under way since 2018, with almost 600 children brought from Syrian refugee camps to their relatives in Russia

Russia sees US recommendation for its citizens to leave Belarus as provocation — MFA

According to Maria Zakharova, this is not the first statement of its kind from the US Department of State

Development of gas pipeline route from Russia to China via Kazakhstan launched — Deputy PM

The capacity of the new gas pipeline should be 45 billion cubic meters per year, Alexander Novak said

Taxi ploughs into crowd of pedestrians in New York, six wounded — Fox News

Six people were hospitalized with injuries of varying degrees

Biden tasks Pentagon with boosting military aid to Kiev

In recent months, the United States has provided Ukraine with hundreds of air defense missiles, and more are on the way, the White House’s press service released

Azerbaijani president on his way back home from Russia after AZAL plane crash

According to the press service, Ilham Aliyev has ordered the relevant government agencies to investigate the causes of the crash and take urgent action

Press review: Middle East may host Putin-Trump talks as experts probe Kazakhstan crash

Top stories from the Russian press on Thursday, December 26th

Former Austrian minister believes EU ignored message Russia sent with Oreshnik missile

According to Karin Kneissl, Russia doesn’t want to trigger any nuclear war

Lavrov welcomes Trump team’s statements about willingness to resume dialogue

It is up to the US to take the first step towards restoring contact with Russia because it was Washington that suspended it after the launch of Moscow’s special military operation in Ukraine, the Russian foreign minister stated

Rescue workers recover bodies of all those killed in Kazakhstan plane crash

The ministry confirmed an earlier statement by the Kazakh authorities that the crash had killed 38 people

Mine removal at Donetsk airport to start in 2025 — official

In 2014, the Donetsk airport was one of the hottest spots of the confrontation between Ukrainian forces and Donbass militias

IN BRIEF: What is known about shopping mall explosion in Russia’s Vladikavkaz

According to emergency services, the incident was caused by a household gas explosion

Australia contacts Russia regarding captured mercenary — diplomat

Maria Zakharova emphasized that "Canberra obediently follows in the footsteps of the collective West, which pursues a Russophobic policy"

Russian investigators initiate criminal case into terror attack on borderline town

The Ukrainian armed forces carried out a strike on the town of Lgov in the Kursk Region on December 25

CIA station in Kiev targeted in recent Russian attack, military expert reveals

According to Alexander Stepanov, strikes are systematic efforts to gradually wipe out the military capabilities of Ukraine

Scientists present Russia's first 50-qubit cold atom quantum computer — MSU

The experiment that allowed testing the supercomputer prototype took place on December 19, the Moscow State University said

Launch of Russia’s Bion-M biosatellite scheduled for March 25 — manufacturer

The spacecraft, taking 75 mice and 1,500 drosophila flies, as well as plants and microorganisms to space, was initially planned to blast off on September 1, 2024

Kremlin will not speculate about causes of plane crash near Aktau — spokesman

Dmitry Peskov recalled that the day before during the informal summit of the CIS, Russian President Vladimir Putin offered deep condolences to the families and friends of the victims and wished a speedy recovery to the injured

Azerbaijan Airlines plane made 2 circles near Kazakh airport before crashing — official

According to Kazakh Deputy Transport Minister Talgat Lastayev, data will be retrieved from flight recorders during the investigation, and interviews will be conducted with eyewitnesses and air controllers

Soyuz-5 to be dispatched to Baikonur in October 2025, launch due late December

The launch vehicle blasted off at 10:45 am Moscow time (7:45 am GMT)

Ukrainian intel agent plotted to plant bomb under car of Russian defense official — FSB

The Ukrainian intelligence services planned to detonate the explosive device remotely from the territory of Ukraine, the press office said

Lukashenko, Putin discuss regional security, bilateral relations

The presidents also talked about cooperation between the countries in a variety of areas, including economy

Putin's principles of Ukrainian settlement stem from international law — Lavrov

The top Russian diplomat drew attention to the fact that "the Kiev regime plays into the hands the West, which needs to remove such a strong competitor as Russia from the international scene"

Over 30 killed during mass escape of prisoners from Mozambique jail — authorities

A total of 1,534 prisoners, including 29 terrorism convicts, escaped

Press review: Kiev escalates attacks as payments ease for Russian raw material buyers

Top stories from the Russian press on Monday, December 23rd

Plane crash in Kazakhstan claims 38 lives

29 people had been hospitalized

Group of Syrian law enforcement officers ambushed in Tartus, 14 killed — minister

Previously, nine law enforcement officers were killed by gunfire during an operation to detain a high-ranking former officer of the previous government

Trump’s son posts image showing father buying Canada, Greenland on Amazon

"We are so back," Eric wrote for a caption

Press review: Ukraine eyes missile programs as EU considers new sanctions on Russia

Top stories from the Russian press on Wednesday, December 25th

Finnish police detain oil tanker on suspicion of damaging communication cables

It is also reported that the Eagle S "noticeably slowed down" presumably at the moment when the cable between Finland and Estonia was damaged

Thailand accepts invitation to become BRICS partner state — MFA

As a BRICS partner state, Thailand hopes to raise the level of relations with the group’s members in order to gain better opportunities for the development of its economy

Denmark to strengthen control over Greenland after Trump’s words — top defense official

Denmark plans to increase the number of personnel at the Joint Arctic Command in the Greenlandic capital of Nuuk

Trump doesn’t want repeat of Minsk agreements — Kellogg

He expressed hope that the US president-elect will be able to achieve a settlement of the conflict in Ukraine in a "relatively near term."

No panic aboard crashed Azerbaijan Airlines plane, eyewitness says

The Azerbaijan Airlines Embraer 190, en route from Baku to Grozny, crashed near Aktau, Kazakhstan, on December 25

Russia doesn’t need ceasefire in Ukraine, it needs legally binding guarantees — Lavrov

According to the foreign minister, these agreements should be aimed at eliminating the root causes of the Ukrainian conflict

Finnish company says power cable’s emergency shutdown due to sabotage

Finland and Estonia are connected by two sets of high-voltage submarine cables

Putin offers condolences to Azerbaijani president over plane crash near Aktau

"Overall, we are expressing deepest condolences to those who lost their near and dear in this air disaster," Dmitry Peskov said

Biden’s last aid package to Kiev won’t contribute to Ukraine’s security — Russian diplomat

According to Maria Zakharova, this speaks of the fact that the West continues to do everything to escalate the conflict with Russia, not sparing effort or anyone in Ukraine

List of BRICS partners to be announced soon — Brazil’s Foreign Ministry

Eduardo Paes Saboia also mentioned that the BRICS states' aim to increase the number of permanent members of the UN Security Council will drive the further growth of the organization, and Brazilian authorities will support this decision

Press review: US, Israel aim to curb Turkey’s gains while Moscow, Tehran strengthen ties

Top stories from the Russian press on Tuesday, December 24th

Russian MFA sees reports of potential deployment of EU troops in Ukraine as provocation

According to Maria Zakharova, for a peacekeeping force to participate in any conflict it requires the consent of all participants and a decision of the UN Security Council

Russian gas is most profitable for Europe in terms of price and logistics — Novak

In conditions of competing China, Europeans pay significantly more for US LNG than for Russian gas, the official noted

Russia ready for talks on Ukraine, only if those discuss essential topics — Lavrov

"We are open to any negotiations, provided they essentially discuss the core causes [behind the Ukraine crisis] and the key principles put forward by Russian President Vladimir Putin in June," the top diplomat said

Expert sees the collective West behind Ursa Major terrorist attack

Alexander Stepanov emphasized that "the goal of the enemy’s terrorist campaign on international shipping routes was to disrupt trade and economic cooperation"

Annual inflation in Russia gearing up to 9.7% over week — Economy Ministry

In the food sector, prices growth rates declined to 0.76% during the reporting week

Russian MFA says West could try to pull off some military 'scheme' in Belarus

A presidential election campaign is starting in Belarus on January 1, with the election scheduled for January 26

Middle East in for ‘chaotic and violent’ time after change of power in Syria – analyst

According to Joost Niemoller, Israel is the main winner from the changes in Syria, while Iran seems the biggest loser

CIS countries share common approaches to resolving global issues — Putin

Among other things, "members of the Commonwealth have been increasing cooperation in the fight against extremism, transborder crime, and drug trafficking, and everyday activities and contacts between security agencies have been established," the Russian president said

Houthis strike military facility near Tel Aviv with hypersonic missile

Earlier, the Israeli army press office reported that air-raid sirens sounded in several areas of central Israel following the launch of a missile from Yemen

Former Austrian minister names 4 suspect countries in connection with Nord Stream sabotage

Asked what countries could be behind the attack, Karin Kneissl replied that, like in an Agatha Christie novel, "there are many suspects in this imaginary room"

Two people preparing attempts on Russian military officials' lives recruited in Ukraine

One of the detainees stated that he had moved to Ukraine, where he was recruited by Ukrainian special forces

Production of passenger cars in Russia up 25% in November to 80,400 units — Rosstat

11M 2024 production totaled 679,000 passenger cars

Georgia became inconvenient for 'friends' after rejecting Ukrainian scenario — official

According to Kakha Kaladze, the country faced unprecedented pressure because of this

Russia not setting preconditions for talks on Ukraine — Lavrov

The foreign minister stressed that Russia was deceived "when they stated that NATO would not expand eastwards and when they emphasized their commitment to resolve [the conflict] based on the UN Charter"

US-made Abrams tanks in Taiwan won’t help island — China’s defense ministry

The Chinese People's Liberation Army will comprehensively strengthen military training to prevent a separatist plot by supporters of Taiwan independence and interference by outside forces, according to Spokesman Zhang Xiaogang

Russia practically eliminates remnants of Ukraine’s Air Force — source

The source said that attempts to recruit more pilots in Poland and other Eastern European countries were not particularly successful

Russian cancer vaccine to be free of charge — top oncologist

It is planned to launch it in general circulation in early 2025

Serious conflict between Israel, Turkey possible — Russian expert

"It’s important to note that the primary development in this context is the markedly increased role of non-Arab states in the region, particularly two key players," Vitaly Naumkin said

Continued terror attacks by Kiev to be met with increasingly tougher response — Lavrov

The top Russian diplomat expressed disappointment that virtually none of the Western nations have joined Russia’s condemnation of these attacks, including the leaders of international organizations like the UN, OSCE, or UNESCO

Decision-making centers in Kiev may be targets of Russia’s strikes, says Lavrov

Moscow selects targets for strikes on the territory of Ukraine, proceeding solely from threats to Russia, the foreign minister stressed

Israeli premier threatens Houthis with HAMAS, Hezbollah’s fate

Benjamin Netanyahu promised that "this lesson would be learned throughout the Middle East"

Russia’s 2,000th R-7 rocket delivers Resurs-P remote sensing satellite into orbit

Resurs-P satellites are designed for the Earth’s remote sensing and for regional and local monitoring of its surface

FSB foils series of assassination attempts on senior Russian defense officials

The bombs intended for killing high-placed Russian Defense Ministry officials were disguised as a power bank and a document folder, the FSB press office specified