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OPEC+ deal in May will be carried out close to 100%, better than in April — Novak

Russia is cutting production under the OPEC+ agreement, but starting in January it can increase it as part of a gradual easing of restrictions

MOSCOW, June 4. / TASS /. The level of fulfillment by Russia of obligations under the OPEC+ deal in May will be close to 100%, better than the April figures, Russian Deputy Prime Minister Alexander Novak told reporters on the sidelines of the St. Petersburg International Economic Forum on Friday.

"It will be better than in April. Close to 100%," Novak said.

Russia is cutting production under the OPEC+ agreement. But starting in January it can increase it as part of a gradual easing of restrictions. So, in January, the agreements allowed Russia to increase oil production by 125,000 bpd, in February-April - by another 130,000 bpd per month. In May-July, Russia may also raise production by another 38,000 bpd per month. According to the IEA, released in May, Russia fulfilled its quota by only 91% in April, exceeding production levels.

The 24th St. Petersburg International Economic Forum is being held on June 2-5. The forum’s business program will focus on the global and Russian economies, social issues, and technological development. TASS is the information partner and the official photo hosting agency of the forum.

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Brazil unveils BRICS logo for 2025

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Kremlin mum on reports about Slovakian prime minister's plans to visit Moscow

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Ukraine's refusal to transit Russian gas will hit EU economies hard — French expert

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Russia to raise issue of Ukrainian strikes on Rylsk at UNSC meeting on Friday — diplomat

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IN BRIEF: What is known about drone attack on residential buildings in Kazan

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Russia ready to normalize relations with US without detriment to its interests — Putin

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Russia’s Battlegroup South liberates settlement of Ostrovskogo in DPR — Defense Ministry

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Damage to Portuguese Embassy in Kiev caused by Ukrainian air defense — Russian diplomats

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Russia has confidence in its weapons, senior diplomat says

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Almost 20 drones downed over four Russian regions, Black Sea last night

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Zelensky actually flips the bird to Trump by insulting Putin, Medvedev says

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Eight people killed in Israeli strike on school in Gaza Strip

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Magnitude 5.3 earthquake rocks South Africa

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Putin challenges West to try to intercept Oreshnik missile in Kiev

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Putin sends greetings on Russia’s Energy Industry Worker’s Day

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Musk believes Germany’s Scholz should step down after car drives into crowd in Magdeburg

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A Russian airborne crew hit the target by firing a 120-mm mortar gun on a Ukrainian temporary position

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Project 885M nuclear-powered submarines carry Oniks and Kalibr-PL cruise missiles as their basic strike weapons

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Ukrainian shelling of Russia’s Rylsk damages 12 buildings — governor

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Slovak PM to visit Moscow for talks with Putin, Serbian president says

"Robert Fico will travel to visit Putin as a European countries leader," Aleksandar Vucic said

Biden signs bill to fund US government until March 14, 2025

The US Senate and House of Representatives approved the bill a day before

Ukrainian lawmaker slams Zelensky for trying to bribe Slovak PM

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Russia to retaliate against Ukrainian strikes, just as Putin said — Kremlin

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An-2 plane missing in Kamchatka located, survivors found — regional emergencies ministry

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

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Assad allegedly hands list of military targets over to Israel before leaving Syria — media

According to the Turkish newspaper, the former Syrian president did it to ensure his own safety

US Navy cruiser mistakenly downs F/A-18 fighter over Red Sea

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Strike on SBU control center response to Russian general’s assassination, expert says

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Putin to extend New Year greetings to peoples of several unfriendly countries — Kremlin

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Press review: Putin outlines Russia's future goals and Tehran faces energy blackout riots

Top stories from the Russian press on Friday, December 20th

Maximal costs of Nord Stream pipeline repair to be 633 mln euro

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Three of eight drones that attacked Kazan targeted defense industry facilities — head

The Tatarstan head Rustam Minnikhanov also noted that all operational services worked well when dealing with the aftermath of the drone attack

Ukraine’s General Staff admits tense situation along entire frontline

The Ukrainian military also admitted the Russian army’s supremacy in terms of military equipment and the size of personnel

Putin agrees 'Russian world' now faces war

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Trump wants NATO countries to increase defense spending to 5% of GDP — FT

The sources also told the Financial Times that Donald Trump intends to continue the military aid to Ukraine despite the statements he made during his presidential campaign

Possible arrival of new Russian envoy before Trump’s inauguration depends on US — diplomat

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Oreshnik’s launch is sudden, undetectable by satellites — analyst

The range of the Oreshnik system is up to 5,500 kilometers

Oreshnik test launch forces London to take a step back — Russian ambassador

According to Andrey Kelin, the UK’s official reaction to the launch of the Oreshnik missile was rather vague

Kiev takes out its anger for military defeats on Russian people — diplomat

Foreign Ministry Spokeswoman Maria Zakharova also emphasized that Moscow is outraged by the hypocritical silence of the West and its media on the terrorist attacks in Russia

‘Arkhangelsk, ’ ‘Knyaz Pozharsky’ nuclear submarines to join Russian Navy soon — commander

Admiral Alexander Moiseyev noted that the construction of nuclear submarines is Sevmash’s main purpose, which is performs successfully

Russian sleeper agents open up about secret trip to 2018 World Cup

The married couple, Artyom Dultsev and Anna Dultseva, returned home as a result of an exchange

German chancellor exasperated by idea of spending frozen Russian assets to help Kiev

According to the Financial Times, the idea was promoted by the US and UK but resisted by Germany, France and Italy

Banks find opportunity to work under sanctions — Central Bank chief

It does not mean there will be no such risks in the future but it is very important in this regard for the financial stable to remain stable, Elvira Nabiullina said

Key rate, inflation and criticism of Central Bank: statements by regulator’s chief

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US defense companies capitalize the most on Ukraine conflict — Russia’s UN envoy

Vasily Nebenzya referred to data from the SIPRI which put last year’s revenues from sales of arms by the world’s top 100 largest businesses in the industry at $632 billion

Yemeni capital city subjected to massive airstrike - TV channel

According to the Al Hadath TV channel, at least three strikes hit Ansar Allah military facilities located in Sanaa, including rebel locations

Russia to invite World War II allies to next year’s Victory Day parade

Russian Foreign Ministry Spokeswoman Maria Zakharova made the comment following a statement on the subject by Vladimir Putin

Yemen’s Houthis announce hypersonic missile strike at military facility near Tel Aviv

Israel’s Ynet media outlet reports that at least 30 people suffered injuries after a missile fired from Yemen fell in central Israel

What is known about Russia’s retaliatory strike on Ukraine after attack on Rostov Region

Kiev Mayor Vitaly Klitschko reported the fires in Solomensky and Shevchenkovsky districts

Novak assumes price of US LNG at least 30-40% higher than of Russian pipeline gas for EU

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Putin suggests Zelensky may flee abroad, says Russia would take him in

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US confirms strikes on Houthi command posts in Yemen

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Drone attack triggers fire at fuel infrastructure facility in Russia’s Oryol Region

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Turkish president calls on West to stop Israel in Syria before it’s too late

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