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Investment in oil exploration necessary, its peak demand yet to occur — RosGeo

No one has noticed a drop in global oil consumption yet, CEO Sergey Gorkov stressed, adding that there are still large world regions and continents that did not develop fast previously

MOSCOW, January 31. /TASS/. The peak of global oil consumption has not been passed yet, which is why it is necessary to continue investing in oil exploration, Chief Executive Officer of Russia’s geological holding RosGeo Sergey Gorkov said in an interview with TASS.

"I believe that the oil peak has definitely not been passed. Half of the population of the planet does not yet consume enough energy," he said.

Asked whether investing in oil exploration is worth continuing, Gorkov said: "It is not worth, it is necessary [to continue investing]."

No one has noticed a drop in global oil consumption yet, he stressed, adding that there are still large world regions and continents that did not develop fast previously, which is why there is quite a huge accumulated resource in the world for boosting energy consumption. "We are speaking about Latin America, about Africa. And I can say that even large Southeast Asian nations are far from reaching the volume of consumption that exist, say, in Europe or the US, or even in Russia," CEO explained.

Ukraine spends over $150 billion on military needs, but it's not enough — Defense Ministry

Rustem Umerov did not specify for what period exactly the specified amount was spent

Modi, Biden discuss cooperation between India, US

The meeting took place on the sidelines of a summit of the Quadrilateral Security Dialogue, which includes Australia, India, the United States and Japan and is also known as QUAD, in Wilmington, a city in Delaware

Russia's newest satellites to change course of Ukrainian conflict — former UN inspector

According to Ritter this conflict would become "unsustainable for the Ukrainian sometime by the end of summer, early fall"

Ukraine puts pressure on FIDE General Assembly over admission of Russians — source

The General Assembly, which will consider the issue of the full-fledged return of Russian and Belarusian players, is being held on September 21-22

Senior Russian diplomat meets with UN coordinator for Gaza in New York

"The sides exchanged views on the current situation in the zone of the Palestinian-Israeli conflict amid the continuing Israeli military operation in the Gaza Strip," the press service of the Russian mission to the United Nations said

Hezbollah fighters claim Merkava tank hit on Israeli border

The Al Mayadeen TV channel reported that the tank caught fire, two servicemen were killed and one got injured

FIDE postpones decision on easing sanctions against Russian chess players

Sixty-six delegates voted in favor of consultations with the IOC and IPC on the partial qualification of Russian and Belarussian chess players

Russia says its Iskander missile destroys US-made HIMARS in Sumy Region

The crew of an Iskander tactical missile system of the Russian Armed Forces carried out a missile strike on the position of an M142 HIMARS of Ukrainian forces in the settlement of Shaposhnikovo

Poland accuses Russia of ‘disinformation campaign’ amid large-scale flooding

No proof has been presented

Neglect of Russia’s interests makes lasting settlement in Ukraine impossible — MFA

At the same time, Foreign Ministry Spokeswoman Maria Zakharova explained that Russian representatives "have not participated in any meetings within the framework of the ‘Buergenstock process’ and are not going to participate in any

UN General Assembly has lost its viability, says Brazilian president

"The pandemic, conflicts in Europe and the Middle East, the arms race, the climate crisis have revealed the limitations of multilateral formats," Inacio Lula da Silva said at the Summit of the Future at the UN headquarters

Russia’s battlegroup West repels three Ukrainian counterattacks in past day

The Ukrainian army losses in the responsibility zone of the group include a tank, three armored combat vehicles, six vehicles, a Bogdana 155mm self-propelled artillery mount and roughly 600 servicemen

Explosions in Lebanon pose interest for Russian intelligence — Kremlin spokesman

According to Dmitry Peskov, Moscow has not discussed the events in Lebanon with regional actors

Anura Kumara Dissanayake wins presidential election in Sri Lanka

According to the news portal Newsfirst, Dissanayake was supported by 5,740,179 voters after second ballot count

Press review: BRICS challenges existing security concepts and Europe's economy in trouble

Top stories from the Russian press on Friday, September 13th

Ukrainian troops retreat from village near Artyomovsk in DPR — Russian officers

The enemy fled from near Andreyevka where it has long been holding positions, it has retreated, law enforcement officers said

Russia says drone shot down over Kursk Region

The Kiev regime made an attempt to carry out a terrorist attack with a fixed-wing drone on sites on the territory of the Russian Federation

Press review: Israel declares new phase of war and Russia boosts drone production

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

Kiev’s plans and Ukrainian losses: latest update on situation in Kursk Region

Ukrainian troops are regrouping in the Kursk Region in an attempt to stage an attack at another location but Russian forces are in control of the situation, Major General Apty Alaudinov, deputy chief of the Russian Armed Forces’ Main Military-Political Department and commander of the Akhmat special forces commando unit, said

US-led coalition’s aircraft violate Syrian airspace ten times in past day

Apart from that, three violations of the deconfliction protocols of December 9, 2019 were reported

Conflicts in space to increase over time, German general predicts

"The enemy views our space capabilities, both civilian and military, as targets," Michael Traut, the head of Germany's Military Space Command, noted

New Russian combat equipment in 2024

Kremlin slams Poland's idea to revise Crimea's status 'absurd'

"Russian territory and Russian regions cannot be the subject of any discussion or transfer to anyone," Dmitry Peskov emphasized

Russian prime minister approves list of countries imposing destructive attitudes

It includes the United States of America, the United Kingdom, Germany, France, Japan and other states

Russia cautions Chisinau against involvement in Ukrainian conflict — Foreign Ministry

Maria Zakharova drew attention to the speculations about Romania's plans for redirecting to Moldova the mobile maintenance stations for F-16 fighter jets received by Bucharest for their subsequent deployment at the Marculesti airbase

Russia keeps balance in relations with Muslim countries — Muslim Board

Mufti Sheikh Ravil Gainutdin added that Russia was originally formed in the bosom of three monotheistic religions and for more than 1,000 years has continued and consolidated the tradition of communion, good-neighborliness and brotherhood of religions

Four people dead, dozens injured in Alabama shooting — report

According to the report, two men and a woman died at the scene

Cessna-182 makes emergency landing in Moscow Region — Investigative Committee

No one was hurt, a spokesman for the Russian Investigative Committee’s Western interregional investigative department for transport said

Vityaz-D Deep-sea drone that reached bottom of Mariana Trench to undergo upgrades

The new version would be able to submerge without a bottom station, because the drone will manage communication on its own, according to a source in the military-industrial complex

Russia says battlegroup West struck 4 Ukrainian brigades

Enemy lost up to 420 troops

Scholz speak in favor of reforming UN Security Council

At the same time, he said that he doesn’t understand Russia’s position on the Pact for the Future, which was adopted ahead of general discussion of the 79th session of the UN General Assembly

UNGA member countries adopt Pact for the Future, despite Russia’s objection

Along with Russia, Belarus and Nicaragua, delegations from North Korea, Syria, Sudan, and Iran voted against

6-magnitude earthquake rocks Argentina

The epicenter was located 158 km northwest of the city of San Luis

Ukraine’s forces in Ugledar virtually encircled — sources

"Most positions around the city, including those at the most important sites and heights are Russian, the whole city is exposed to fire," the sources explained

Russian aviation hit 20 areas of deployment of Ukrainian troops in Kursk Region

Russian warplanes hit 13 settlement in the Sumy Region as well, the Russian defense ministry said

Russia wants no nuclear war — Lavrov

The foreign minister still assured that Russia possesses weapons "that will have serious implications for the handlers of the Ukrainian regime"

Bundestag members address Cabinet with query regarding Ukraine’s attack on Kursk Region

The legislators are asking whether German weapons are used by the Ukrainian forces in their incursion into the Kursk Region

Hollywood action star Jackie Chan says he loves Russia, thanks his fans

The actor wished that the friendship between China and Russia would last forever

Russian aerospace forces strike four terrorists bases in two Syrian governorates

They left the al-Tanf area, Oleg Igansyuk, deputy chief of the Russian Center for Reconciliation of the Opposing Parties in Syria, said

Rising number of dead foreigners in Ukraine proves West's involvement — envoy to UN

"We have warned from the beginning that those who help the Zelensky clique stay afloat will become our legitimate targets," Vasily Nebezya reminded

Medvedev allows use of nuclear weapons by Russia when ‘patience runs out’

The politician underscored that no one really needs a nuclear conflict - it is "a very bad story with a very difficult outcome."

Russia ready for talks with Turkey on Su-35, Su-57 fighters

Russia earlier noted its readiness to participate in the program of developing the Turkish TF-X fifth-generation fighter

Decision on strikes into Russia unlikely to come after Biden-Zelensky talks — The Times

The newspaper noted that the decision on strikes deep into Russian territory is unlikely to change turn the tide of the conflict, because Russia has withdrawn its planes and missile systems from the range of Western-made weapons, used in the Ukrainian conflict

Russia to push for multipolar world order jointly with global majority — diplomat

The event will be held in New York on September 22-23 in the runup to the 79th session of the UN General Assembly

Russia, China launch joint naval exercise in Vladivostok — Pacific Fleet

A joint group of warships from the Pacific Fleet and China’s PLA Navy has departed from Vladivostok to conduct Russian-Chinese naval maneuvers

Russian Su-34 bomber destroys Ukrainian manpower, equipment in Kursk area

After receiving a confirmation from reconnaissance that the Ukrainian army’s temporary disposition location had been destroyed, the crew safely returned to the airfield of departure

Russia's military to restore control of all districts of Kursk Region — Kremlin

"The situation in those areas which are under the control of the Ukrainian militants is extraordinary, of course," Dmitry Peskov stated

UK Foreign Secretary offends memory of fallen, accusing Russia of fascism — embassy

The embassy said that it took note a long time ago of "propensity for inappropriate and provocative statements"

CERN's turn away from Russian scientists has positive aspects — Kurchatov Center chief

This is quite obviously a positive development for us in some respects, Kovalchuk said

Russia begins mass production of heavy-duty UAV Privet-82XL

According to the company’s representative, the drone with an increased payload will allow unexpected strikes to be carried out on the enemy deep within the frontlines.

Russia must respond to West's banditry — Peskov on limiting raw materials exports

We need to respond to — not just unfriendly, but thuggish — actions against us, he said

IRGC says exposed network of 12 Israeli agents in 6 Iranian provinces

The Islamic Revolutionary Guard Corps has blamed Israel for seeking to spread the conflict onto Iran’s territory and destabilize the situation inside the country

First submarine carrying unmanned vehicles Poseidon to be launched in spring

Poseidon is undergoing successful tests, the president stressed

Poll reveals what Russians think about office love, polyamory

It is noted that opinions are changing not only about relationships with colleagues, but also about romance between a subordinate and a supervisor

Investigator charge 33 people in case of shooting at office of retailer in central Moscow

The Russian Investigative Committee wants the suspects to be kept in custody until trial

Ukrainian minister says West pledged funds for making missiles, drones in Ukraine

We have developed a missile program, Ukrainian Defense Minister said

Russia’s response to long-range weapons supplies to Kiev will be brutal — MFA

"The opponents in Washington, London, and other places clearly underestimate the degree of danger of the game they continue to play," Deputy Foreign Minister of Russia Sergey Ryabkov said

Israel verifying reports about Hamas leader Sinwar’s possible death

According to Kan, so far it is impossible to confirm these reports

EU will grant loan to Kiev that will be paid from frozen Russian assets — EC president

Ursula von der Leyen stressed that 35 billion euros is the part which the European countries will contribute to the 45 billion euro loan approved by the G7 in Italy in the summer

Press review: Hezbollah pagers attack threatens wider war and Russia ready to test nukes

Top stories from the Russian press on Wednesday, September 18th

Number of millionaires in Russia grows to 408,000 in 2022 — UBS report

The United States, which lost $5.9 trillion in 2022, tops the list of wealth declines

Zelensky may be overthrown if Ukraine fails to hold elections — Ukrainian MP

Ukraine is still facing the question of the legitimacy of power in the absence of parliamentary and presidential elections, which cannot be held during martial law

Advanced Sarmat ICBM systems go on combat alert in Russia — Roscosmos head

The RS-28 Sarmat missile to replace the R-36M2 Voyevoda ICBM operational in the Russian Strategic Missile Force since 1988

Putin bids last respects to his demised first judo coach Rakhlin

Rakhlin has trained Vladimir Putin for 11 years

UN General Assembly adopts resolution on Golan Heights — results of vote

Russian forces strike Ukrainian energy facilities, troops last night — top brass

Overnight, the Russian Armed Forces launched a group strike on energy facilities that supply electricity to Ukrainian defense plants and drone production cites as well as Ukrainian troops

Putin, Berdimuhamedow discuss partnership, international meetings

Putin earlier sent a message with birthday greetings to the Turkmen president

Erdogan says ready to meet with Syria’s Assad, waiting for response from Damascus

We have said that we would like to hold a meeting with Bashar Assad to normalize relations between Turkey and Syria, Erdogan said

Lavrov says he agrees with Trump about destructiveness of sanctions for US dollar

The Russian foreign minister stressed that, despite the continued dependence of many economies on the dollar, the risk of this phenomenon has already been recognized

Ukraine spends over $150 billion on military needs, but it's not enough — Defense Ministry

Rustem Umerov did not specify for what period exactly the specified amount was spent

Russia’s Emergencies Ministry sapper dies in Kursk Region during mine clearance

Vyacheslav Tsoffka had to his credit than 10,000 detected and neutralized explosive items

IAEA inspectors briefed on consequences of Ukraine’s attack on Zarya substation — ZNPP

The Zaporozhye NPP reported that the nearby city of Energodar had come under a repeated drone attack

Ukrainian troops captured: situation in Kursk Region

In total, the enemy has lost over 11,800 servicemen since fighting began in the region

Israeli air force attacks 290 Hezbollah facilities in Lebanon in 24 hours

According to IDF, 180 targets were hit

Press review: US shifts rhetoric on Ukraine and walkie-talkie explosions rock Lebanon

Top stories from the Russian press on Thursday, September 19th

Death toll from coalmine explosion in Iran rises to 50

At least 20 people were injured, Tasnim news agency reported

Russian diplomat slams Pact for the Future as serious blow on UN

"The United Nations had infringed upon its own principles to pander to a group of delegations from the ‘beautiful garden,’ who have usurped the talks from the very beginning," Russia’s First Deputy Permanent Representative to the UN Dmitry Polyansky said

Hezbollah attacks Israeli Ramat David air base for second time

Movement used two types of rockets: Fadi-1, with a range of 80 km, and Fadi-2, with a range of 105 km

Zelensky says Ukrainian troops in extremely difficult situation in two DPR areas

The situation on the frontline remains extremely difficult, Ukrainian President said

Physicists from Russia to be banned from Large Hadron Collider from December 1 — Nature

At the same time, CERN will continue to work on projects already underway with about 270 employees of the Russian Joint Institute for Nuclear Research

Russia says 15 drones shot down over 5 Russian regions, Sea of Azov overnight

Voronezh Region Governor Alexander Gusev said the situation didn’t warrant a drone attack alert

More than 100 rockets fired at Israel from Lebanon on Sunday morning — Israeli military

Some of them was intercepted, according to the statement

Russian lower house speaker arrives in Belarus for working visit

According to the Russian State Duma press service, the Parliamentary Assembly of the Union State of Russia and Belarus will hold a meeting in Mogilev on September 23

Israel wants to drag whole region into war, engages in terrorism, says Erdogan

The Turkish President said he would address the UNGA to ask the participants to remember "the need for taking action against genocide in the Gaza Strip and Israel's aggressive policies"

Russia will not 'shoot itself in the foot' by halting gas supplies — Lavrov

According to the top Russian diplomat, for many decades, since the times of the Soviet Union, since the 1970s, Moscow has been establishing mutually beneficial cooperation in gas supplies

Top brass proposes specifying state borderline in Russia’s westernmost region

"This will alter the Russian state maritime border due to a change in the territorial sea’s external bounds," it says

Hezbollah handing out pagers hours before their detonation — agency

The sources said that the Shiite movement did not have any specific suspicions about these pagers and their "checks had been part of a routine 'sweep' of its equipment to find any indications that they were laced with explosives"

New UN Secretary-General may be elected for 7 years for first time — UN General Assembly

The office term of the United Nations current Secretary General, Ban Ki-moon, expires on December 31

Spacemen to return to Earth after longest mission in ISS’s history

The undocking has been scheduled for 11:37 Moscow time, the spacecraft is expected to land at about 15:00 Moscow time

Macron calls for reviewing ties with Russia

The French president also called for bigger presence of "densely populated countries, which did not exist when the current world order was only forming" in international organizations

Theft of Russian assets to nullify trust towards EU — MFA

Maria Zakharova pointed out that the European Union had lost independence

Scholz says Germany not to send Kiev missiles ‘capable of reaching as far as Moscow’

German Chancellor emphasized the need to explore ways in order to peacefully resolve the Ukraine conflict

Russian ambassador’s escort car drives into mine in Pakistan, policemen injured

Russian diplomats were not hurt

Israel is ‘well prepared’ for further actions against Hezbollah — General Staff

"We will bring the residents [of Israeli northern settlement] back to their homes providing them with security, and if Hezbollah still hasn’t understood, it will receive blow after blow - until that organization understands," Herzi Halevi said

Russian government approves list of unfriendly countries and territories

The countries and territories mentioned in the list imposed or joined the sanctions against Russia after the start of a special military operation of the Russian Armed Forces in Ukraine

Ukrainians sustain over 300 casualties in Kursk area in past day, Russia says

Over the past 24 hours, Ukrainian losses have amounted to over 300 troops and nine units of armored hardware, including an infantry fighting vehicle, two APCs, six armored combat vehicles, as well as six artillery guns

Kremlin spokesman says West ‘obsessed’ with fighting Russia until Ukraine runs out of men

Peskov was commenting on NATO Secretary-General Jens Stoltenberg's recent statement that there is no need to be afraid of using Western weapons for strikes deep inside Russia

Ukraine’s 2014 coup was CIA’s political mistake — Putin

The Russian president noted that the US agency had achieved its goal of changing the government but failed to see what it would evolve into

Israeli army declares strikes on 180 Hezbollah sites in Lebanon

"The Israel Defense Forces have completed a series of strikes on southern Lebanon," the army’s press service said in a statement

QUAD leaders oppose unilateral actions that hinder peace in the Middle East

"We underscore the need to prevent the conflict from escalating and spilling over in the region," said a joint statement by the leaders

Second rocket attack launched on Israeli territory from Lebanon — TV

According to Al Jazeera TV channel, the target of the shelling were cities in the northern part of the Jewish state