5 Dec 2024, 12:56

Russia, OPEC+ sacrificed their interests for 10 years to stabilize energy market

Rosneft CEO Igor Sechin recalled that in 2016, OPEC's share of the oil market fell to 36%

RAS AL-KHAIMAH, December 5. /TASS/. Russia and its OPEC+ partners have made the biggest contribution to stabilizing the energy market over the past 10 years, often sacrificing their own interests, Rosneft CEO Igor Sechin said at the Verona Eurasian Economic Forum.

"Recently, Russia has regularly heard unfounded accusations of undermining the foundations of the energy market. However, over the past decade, our country and its partners have made the greatest contribution to stabilizing the global energy market, often at the expense of our own strategic interests," he said.

Sechin recalled that in 2016, OPEC's share of the oil market fell to 36%. It was then that Russia and its partners created OPEC+, whose share was 55%. "This allowed us to stabilize the market and protect the interests of producers," he stressed.

According to him, the OPEC+ decisions to stabilize the oil market in 2016 and 2020 significantly supported the US shale industry. "By that time, US shale producers had already squandered more than $300 bln of their shareholders' capital and accumulated debt of almost another $200 bln," he noted.

Anti-Russian sanctions

Russia-US negotiations progress towards lifting American sanctions — expert

Jeffrey Sachs added that he saw no pressing risks for Russia at the moment regarding US President Donald Trump's policy on customs duties

Yesterday, 19:11

Russia’s export duty on wheat to be $26.55 per metric ton from April 16

The floating duty on Russian grain exports is effective from June 2, 2021

Yesterday, 18:03

EU could use Russia's frozen assets as bargaining chip in Ukraine talks — analyst

According to Mariano Gambaro, a return of Western banks to Russia could also be brought up in the potential talks

Two days ago, 13:07

Russia to harshly respond to Japan's participation in supplying Kiev with weapons — MFA

Maria Zakharova emphasized that any steps by Japan to directly or indirectly participate in supplying Ukraine with arms and military equipment would be regarded as unequivocally hostile

Lithuania's territorial claims against Russia justify Moscow's actions — Kremlin

Earlier, the Lithuanian president referred to Kaliningrad as part of "Little Lithuania"

Yesterday, 10:00

Press review: Russia, US move past Biden’s legacy as Kiev assures NATO of fight readiness

Top stories from the Russian press on Friday, April 11th

Yesterday, 01:09

Plane in Washington Airport clips another aircraft with members of Congress on board

According to the airline, the first aircraft was carrying four crew members and 76 passengers, while the second had four crew members and 67 passengers on board

Battlegroup Dnepr destroys up to 85 Ukrainian troops, armored vehicle in 24 hours

M113 armored vehicle, five cars, a self-propelled artillery system, a counterbattery station, two electronic warfare stations, and two ammunition depots were also eliminated

Yesterday, 14:14

Ukrainian Deputy Defense Minister Gavrilyuk resigns

Ivan Gavrilyuk has held the post since May 2024

Yesterday, 16:04

Expert sees Trump's push to bring manufacturing back to US failing

According to Alexander Firanchuk, even if America decides to keep its tariffs in place for the majority of countries, it will take a long time to transfer part of the production to the United States

Officers detain Moldovan opposition blogger at Chisinau airport after his trip to Moscow

Calin visited the Russian capital to take part in an event organized by the Eurasia autonomous non-profit organization

Yesterday, 18:12

Zelensky slaps sanctions on 18 firms, 130 people, including Russians

Sanctions traditionally include an asset freeze in Ukraine, cancellation of licenses, a ban on the transfer of intellectual property, termination of trade agreements, as well as stripping of all Ukrainian state awards

Russia’s Battlegroup East destroys over 165 Ukrainian troops in 24 hours

The enemy also lost two armored combat vehicles, a Paladin self-propelled artillery system, two cars, a RADA radiodetector, one AN/TPQ-50 counterbattery radar station, three fixed-wing unmanned aerial vehicles, and nine unmanned aviation control posts

Moscow, Washington discuss US proposal on joint projects — top Russian diplomat

"We are discussing bilateral relations beginning with the issue of normalizing the work of our embassies, the environment in which they operate," Sergey Lavrov said

Yesterday, 15:24

CIS foreign ministers meeting approves border cooperation program for rest of decade

According to a TASS correspondent, the draft of a program for medium-term cooperation was approved at an expanded session of the CIS Foreign Ministers Council

Yesterday, 17:26

Kiev forces attack ambulance car in Kharkov Region injuring civilian

"The drone exploded in the airspace on it is approach to the vehicle," Vitaly Ganchev reported

Su-35S jet provides protection for Russian aviation in Kursk Region — Defense Ministry

"According to reconnaissance reports, the targets were successfully engaged," the ministry stated

Russia’s Battlegroup Center destroys over 425 Ukrainian troops in 24 hours

Ukrainian army also lost six armored combat vehicles, including М113 and VAB armored fighting vehicles, as well as a Humvee armored combat vehicle, three cars, and five pieces of artillery

Yesterday, 05:34

Ukraine sustaining `colossal casualties’ in Oleshnya in Kursk region — security officer

The Ukrainian army has been struggling to control sectors of the settlement of Oleshnya toward which a group of paratroopers from near Yunakovka had been dispatched

Yesterday, 16:16

German politician urges to support US effort on achieving peace in Ukraine

Earlier on Friday, upon arriving at the NATO headquarters for a meeting of a contact group on arms supplies to Ukraine, acting German Defense Minister Boris Pistorius vowed more military aid to Ukraine in the years to come

Yesterday, 13:33

Russian foreign debt grew to $312.4 bln as of April 1, 2025 — Central Bank

The foreign debt of the Russian Federation increased from the start of 2025 by $22.1 bln or by 7.6%

Yesterday, 15:42

Houthis report another attack on US aircraft carrier in Red Sea

According to the Houthi spokesman, "in recent hours," rebel forces have delivered a series of strikes on the US aircraft carrier with the use of cruise missiles and drones

Kellogg says he was not referring to partitioning of Ukraine

"I was speaking of a post-cease fire resiliency force in support of Ukraine’s sovereignty," US Presidential Special Envoy said

Yesterday, 14:52

Putin begins meeting with US special envoy — Kremlin

The sides are to discuss the normalization of ties between Moscow and Washington and some aspects of the Ukrainian settlement

Yesterday, 16:07

Pistorius says Germany can’t give Ukraine more Patriot air defense systems

Germany is the second-largest supplier of weapons to Ukraine after the US

Yesterday, 21:32

Houthis report carrying out strikes on two military targets in Tel Aviv

"Yemen’s armed forces have carried out a military operation, attacking two Israeli military targets in the occupied district of Jaffa," the movement’s military spokesman Yahya Saree said

Yesterday, 14:32

Kallas, EU bodies out of talk on sending troops to Ukraine — UK defense minister

John Healey noted that preparations for a mission in Ukraine were well advanced

Trump admits tariff exceptions for some countries

"Yeah, obviously, it could be a couple of exceptions, you know, but I would say 10% is the floor," the president noted

Yesterday, 11:05

The Times says UK deeply involved in Ukrainian conflict

The newspaper said that the country’s military specialists were secretly deployed to Ukraine in order to equip airplanes with the missiles and train Ukrainians in their use

Kiev launches five attacks on Russian energy sites over past day — top brass

"Power outages led to electricity blackout in five settlements (about 1,650 people) in the region," Russia’s Defense Ministry said

Yesterday, 12:48

Russian troops liberate four communities in Ukraine operation over week — top brass

The Ukrainian military lost more than 10,000 troops in battles with Russian forces in all the frontline areas over the week of April 5-11, Russia’s Defense Ministry reported

Yesterday, 14:44

Putin calls for close integration of all Russian naval reconnaissance capabilities

As the Russian president pointed out, "precisely advanced technological solutions and the Navy’s balanced development in all strategic directions" will enable Russia to effectively cope with the tasks of ensuring the protection of the country’s interests in the World Ocean

Yesterday, 17:07

Explosive device defused under car of Chuvashia's former military commissar

The explosives were uncovered thanks to a CCTV camera that triggered an alarm when someone approached the vehicle

Yesterday, 18:52

Over 15 countries submit new trade deal offers to US — White House

On April 2, US President Donald Trump announced the introduction of import duties on products from 185 countries and territories

Cosmonauts aboard ISS congratulate Russians on Cosmonautics Day

Millions of boys and girls dreamed of becoming cosmonauts after Yury Gagarin’s flight, according to Ivan Vagner

Yesterday, 13:56

Russia to allocate over $98 bln for naval development in next 10 years — Putin

The Russian president also noted that before the meeting he had a separate conversation on the issue with Russian Finance Minister Anton Siluanov

Two days ago, 13:35

Urals oil price drops below $50 per barrel first since June 2023

The price of Urals oil was last below $50 per barrel on June 12, 2023

Lavrov to speak at Antalya Diplomacy Forum, meet Turkish foreign minister

The Antalya Forum, themed Restoring Diplomacy in a Fragmented World, will take place under the auspices of Turkish President Recep Tayyip Erdogan on April 11-13

Yesterday, 17:30

Ukrainian delegation arrives in USA for negotiations — NYT

The delegation is headed by Taras Kachka, Deputy Minister of Economy and Ukraine’s trade representative

Trump calls US participation in G20 meetings in South Africa into question

On February 7, the US President signed an executive order cutting off aid to South Africa, citing what he perceived as racial discrimination against the country’s white residents and the threat of lands being confiscated from farmers

Yesterday, 18:27

Trump open to trade deal with China — White House

The tariff rate for China "remains where it was yesterday, at the 145% level," Press Secretary Karoline Leavitt noted

Yesterday, 11:33

IN BRIEF: What is known about latest Ukrainian attacks on Russian energy infrastructure

A lead engineer at a plant in the LPR suffered injuries

Yesterday, 23:11

Trump hoping US trade deals with number of countries to be made within 90 days

"We will cut those deals as soon as we possibly can, country by country," White House Spokesperson Karoline Leavitt noted

Yesterday, 12:49

US exploits Zelensky to gain access to minerals, then kicks him to curb — Russian MFA

"Zelensky’s curators used him and are now wiping their dirty and blood-covered hands of him," Maria Zakharova wrote

Trump extends package of anti-Russian sanctions for another year

On April 15, 2021, the Biden administration introduced executive order 14024, imposing sanctions on Russian individuals and entities that may have allegedly been engaged in cyber-enabled activities against the country

Yesterday, 16:36

US ambassador to Kiev to resign due to contradictions with Department of State — expert

Nikolay Novik said that Over the past few months, Bridget Brink has faced pressure from officials in Washington who expressed dissatisfaction and doubts about her ability to maintain the necessary strategy regarding Ukraine

8 Sep 2020, 10:43

Moscow City Court sentences war historian to 12.5 years for high treason

The prosecutor asked the court to sentence the defendant to 17 years at a high security prison

Yesterday, 18:02

Deal between Trump, Zelensky impossible, Medvedchuk believes

He said that Washington's greed is clouding its judgement in the Ukrainian conflict

Yesterday, 17:19

Civilian dies after Ukrainian drone attack on his truck in Belgorod Region

According to the report, another man received grave wounds after a shelling attack on the village of Mokraya Orlovka

Yesterday, 09:00

Trump administration understands that Zelensky hates Russians — Lavrov

"The Trump administration has this understanding and it has repeatedly stated in public that Zelensky will have to accept the loss of land," Russia’s top diplomat said

Yesterday, 17:20

Orban, Erdogan discuss using TurkStream to bring gas to Hungary — Budapest

"The parties discussed the issue of ensuring Hungary's energy supply in the south of the country," the statement reads

France, UK preparing military intervention in Odessa — Foreign Ministry

Russian Foreign Ministry Spokeswoman Maria Zakharova dismissed the proposed "coalition of the willing" as nothing more than "a meme"

Yesterday, 20:59

Witkoff’s flight takes off from St. Petersburg’s Pulkovo

The plane left Russia’s airspace and entered Estonia at 11:11 p.m. Moscow time

Yesterday, 20:30

US ready to seek compromise in talks with Iran, special envoy says

US' position begins with dismantlement of Iranian nuclear program, Steve Witkoff said

Yesterday, 18:57

Orban accuses Ukraine, EU of seeking to drag Hungary and Slovakia into war with Russia

The Hungarian prime minister made the statement following talks with Turkish President Recep Tayyip Erdogan in Turkey

Yesterday, 10:08

French troops plan operations against Russia on border with Ukraine, Moldova — media

According to Colonel Guillaume Schmidt, the unit's commander, troops need to be prepared to continue combat actions even when satellite signals are jammed

Yesterday, 18:23

Polar Lithium may use concession to build road to deposit

The mining and concentration plant at the deposit is planned to be built and put into operation by 2031

MFA shocked by Ukraine offering ‘safaris’ to foreign nationals

Maria Zakharova stressed that "the Kiev regime has long turned war into a business"

Yesterday, 14:11

Georgia fended off two calls to join Russia-Ukraine conflict in February 2022 — PM

Irakli Kobakhidze stressed that Tbilisi "had to enter into a political tug-of-war to defend Georgia’s national interests"

Senegal conducting negotiations on joining BRICS — MFA

Senegal is able to play a positive role in the association, the country’s Foreign Minister Yassine Fall said

Russia’s Battlegroup Dnepr destroys up to 60 Ukrainian troops in past day

Ukrainian army also lost two ammunition depots and a depot

Kellogg’s idea on division zones in Ukraine may lead to new escalation — Russia’s diplomat

It is one of the options for freezing the conflict, Rodion Miroshnik said

Two days ago, 13:34

Zhuravka liberation brings Russian troops closer to Ukrainian army’s hub in Sumy Region

Yunakovka is a logistics hub for the Ukrainian army to supply its combat group in Russia’s borderline Kursk Region

Yesterday, 12:10

Lavrov promises access to alternative payment platforms to non-members of BRICS

"There is an opportunity to form payment platforms independent of external influence, one example being the financial messaging system of the Bank of Russia," the Russian foreign minister said

Yesterday, 15:30

Chisinau should think twice before expelling Russian ambassador — diplomat

"Russia can always respond asymmetrically and its response could affect the economy, the Moldovan diaspora, or even worse," Mihai Popsoi said

Ukraine loses up to 305 troops, one tank in responsibility area of Battlegroup South

An armored combat vehicle, ten cars, two field branch artillery weapons, and three ammunition depots were destroyed as well

Yesterday, 03:51

Head of Siemens division and his family died in Hudson River helicopter crash — TV

In addition to the Agustin Escobar family, the 36-year-old pilot was also killed

Yesterday, 17:11

Putin-Witkoff meeting continues for now — Kremlin

The beginning of the meeting, Dmitry Peskov emphasized, was "businesslike"

22 Aug 2022, 14:22

Ukraine blacklists Pink Floyd founder Roger Waters over Crimea remarks

According to a statement on the website, its administrators interpreted the musician’s remarks about Crimea as "an attack on the territorial integrity of Ukraine"

Yesterday, 10:24

Lavrov advises Central Asian countries to 'outlast' Kaja Kallas in her position

"It will probably be much easier than tolerating damage to their own people," the top Russian diplomat noted

Yesterday, 22:15

Witkoff calls recognition of Russian regions fastest way to broker ceasefire in Ukraine

In the meeting with US leader Trump, US Presidential Special Envoy for Ukraine Keith Kellogg pushed back against US special envoy, saying that Ukraine, though willing to negotiate some terms related to disputed land, would never agree to unilaterally cede total ownership of the territories to Russia

Yesterday, 20:11

Europe tries to stay in Ukraine picture with peacekeeper talk — diplomat

According to Mikhail Ulyanov, such units cannot be called peacekeeping forces because they "will be sent from non-neutral countries that have openly sided with Ukraine"

West battlegroup destroys over 220 Ukrainian troops, three Starlink satellite antennas

Damage was inflicted on troops and equipment of units of three mechanized, one assault brigades and one territorial defense brigade of the Ukrainian army near Kamenka, Kupyansk, Borovaya, Novoye, Makeyevka, Yampole, and Kirovsk

Lavrov, his Turkish counterpart discuss Black Sea situation in Antalya — Russia’s MFA

The two top diplomats exchanged opinions on the pressing issues relating to the political dialogue between Russia and Turkey as well as cooperation in trade and energy

Yesterday, 16:11

FACTBOX: Mankind sends 631 people into space in recorded history

The world record for most time spent in space is held by Russian cosmonaut and Hero of Russia Oleg Kononenko, who has spent 1,110 days, 14 hours, 57 minutes in space over five missions

Yesterday, 22:37

US to take control of Gazprom pipeline in Ukraine — Reuters

US and Ukrainian officials met on the draft proposal in Washington on Friday, the source said

Russia’s Battlegroup South inflicts up to 310 casualties on Ukrainian army in past day

Russian forces also destroyed 18 motor vehicles in its area of responsibility over the past day in the special military operation in Ukraine

Putin congratulates space industry workers and veterans on Cosmonautics Day — Kremlin

The Russian president also praised the contribution of specialists from the country's rocket and space complex to the country’s special military operation

Kellogg suggests Ukraine could be divided between West, Russia like postwar Berlin

UK and French troops could adopt zones of control in Ukraine’s west, forming a "reassurance force" for allegedly preventing the resumption of combat operations whereas Russia could control the east of the country, US Presidential Special Envoy said

Yesterday, 17:11

Lavrov arrives in Turkey for diplomatic conference

The top Russian diplomat came from Almaty after a meeting of the CIS Council of Foreign Ministers

Yesterday, 14:33

Advanced hardware makes up 100% in Russia’s naval strategic nuclear forces — Putin

Russia should maintain this share in the future as well, the head of state emphasized

Yesterday, 17:18

Germany's defense minister 'surprised' by reports weapons sent to Kiev not good enough

Boris Pistorius pointed out that he was "in constant contact with Ukrainian partners" and was not aware of complaints about German combat systems

Tehran, Washington to hold second round of talks in Oman on April 19 — Iran’s top diplomat

According to Iranian Foreign Minister Abbas Araghchi, next week, the two negotiating teams may embark on discussions toward "a general framework of a future deal"

Two days ago, 16:05

US oil supplies to China set to decline to almost zero due to Trump tariffs — Bloomberg

Crude supplies from the US "are by no means vital to China" - in the early months of this year added up to roughly 1% of the Asian nation’s total imports, according to data from analytics firm Vortexa Ltd, the agency reported

Yesterday, 14:03

Turkey set for further development of relations with Russia — president

The Turkish leader also noted that he has close contacts with his Russian counterpart Vladimir Putin and US leader Donald Trump on the Syrian issue

Yesterday, 14:28

Iranian president asks Khamenei to change his position on talks with US — newspaper

According to the report, Ayatollah Ali Khamenei set some conditions for talks

Russia-US negotiations progress towards lifting American sanctions — expert

Jeffrey Sachs added that he saw no pressing risks for Russia at the moment regarding US President Donald Trump's policy on customs duties

Iranian delegation led by Foreign Minister Araghchi arrives in Oman for talks with US

On April 12, representatives of the United States and Iran are set to discuss the parameters of resolving the situation surrounding the Iranian nuclear program in Oman

US, Iran to hold talks on nuclear program first in long while

Iranian Foreign Minister Abbas Araghchi and US Special Presidential Envoy Steve Witkoff will be the main negotiators

Yesterday, 20:48

RDIF CEO describes talks with Witkoff as productive

Russian President Vladimir Putin met with US special presidential envoy at the Presidential Library in St. Petersburg

19 Aug 2024, 13:11

Russia offers safe haven for people trying to escape Western liberal ideals

Under the document, such foreign nationals will have the right to apply for temporary residence in Russia "outside the quota approved by the Russian government and without providing documents confirming their knowledge of the Russian language, Russian history and basic laws"

Yesterday, 18:01

US sees Witkoff talks in Russia as step toward Ukrainian settlement — White House

White House Press Secretary Karoline Leavitt did not provide additional details about these contacts

Yesterday, 16:51

Ukrainian defense minister announces electronic warfare coalition

The new coalition is the 9th created by the contact group, after the air defense, F-16, drone, maritime and other coalitions

Trump said to be ready for compromises to get a deal with Iran — Axios

If indirect talks between the United States and Iran yield a positive result, Trump’s special envoy, Steve Witkoff, may meet directly with Iranian Foreign Minister Abbas Araghchi after April 12 or April 13, the news outlet reported

US not to allow nuclear weapons in Iran — Trump

On April 12, representatives of the US and Iran will discuss the parameters of resolving the situation surrounding the Iranian nuclear program in Oman

Chinese citizens not fighting in Ukraine — Russian MFA

"China’s position on settlement in Ukraine is quite balanced, and we are grateful to our friends for that," Andrey Rudenko noted

Kremlin slams World Press Photo's withdrawal of invitation to TASS photo correspondent

The organizers earlier said they could not invite Tereshchenko to the award ceremony to be held in May in Amsterdam due to "the increased tensions on the European continent"

Yesterday, 02:35

Chinese company acquires strategic chemical plant in France supplying Defense Ministry

Wanhua Chemical Group offered to invest €10 mln into the plant’s production but also proposed to reduce the workforce from the current 300 employees to just 50-60

Yesterday, 16:06

Kremlin explains closed nature of Putin-Witkoff meeting

Dmitry Peskov that after the greeting in the presence of the media, the sides immediately proceeded to the talks

Russian soldiers in Guyevo were confronted by Ukrainian elite units

Earlier, the Russian Defense Ministry claimed that units from the battle group North had liberated Guyevo

Yesterday, 18:40

Little chance of direct confrontation between Russia, EU, NATO — Russian diplomat

According to Mikhail Ulyanov, European countries "are used to live in comfortable conditions and can hardly imagine themselves as a party to a conflict"