Page 12 - Russia

Tennis Australia bans Russian, Belarusian flags at Australian Open

Tennis Australia has banned Russian, Belarusian flags at the Australian Open after a controversy erupted over the Russian flag seen hanging outside the court

Finance ministry increases 'risk profiling' of shipments from China

Govt taking steps to address possible cases of under-invoicing

India hopeful rupee trade with Russia will pick up in future: Govt official

Russia, Sri Lanka, Mauritius and Bangladesh are some of the countries that are keen on rupee trade with India

Iran to get Russian Su-35 fighters in next Iranian year, says lawmaker

The lawmaker noted that Iran has also ordered a number of defense and missile systems as well as helicopters, most of which will be soon delivered by Russia

Deaths from strike on Ukraine apartment building rise to 25: Report

Zelenskyy reported that at least 73 people were wounded and 39 people had been rescued as of Sunday afternoon

Refining troubles: Huge sanctions looming for fuel that powers the world

India's role in supplying Europe is notable because it has become one of the biggest buyers of discounted Russian crude since the war broke out

Russia to evacuate astronauts from ISS in coming weeks amid emergency

Russian cosmonauts Sergei Prokopyev and Dmitry Petelin together with NASA astronaut Francisco Rubio will return to Earth aboard the Soyuz MS-23 in the next weeks

NATO plans to deploy surveillance planes to Romania to eye Russian activity

Since Russia invaded Ukraine in February, NATO has bolstered its presence on Europe's eastern flank, including by sending additional battlegroups to Romania, Bulgaria, and Slovakia

Russia says its forces took over Soledar, Ukraine denies its capture

Soledar is located in Ukraine's Donetsk province, one of four that Moscow illegally annexed in September

India may be in better economic shape to create a rupee trade zone

But the China factor could play spoiler

EU, NATO set up joint task force to protect critical infrastructure

The European Union (EU) and the North Atlantic Treaty Organization (NATO) have agreed to set up a task force to better protect critical infrastructure and increase resilience

Russia to launch new capsule to return space station crew back to Earth

Russian space corporation Roscosmos said Wednesday that it will launch a new spacecraft to take some of the International Space Station's crew back to Earth after their capsule was damaged and leaked coolant. Russian cosmonauts Sergey Prokopyev and Dmitri Petelin and NASA astronaut Frank Rubio arrived at the station in September on board a Soyuz MS-22 and planned to use the capsule to return to Earth. But it leaked coolant last month, resulting in higher cabin temperatures. After analysing the situation and discussing it with NASA, Roscosmos decided to launch a new Soyuz MS-23 capsule in crewless automatic mode on February 20 to take the trio back, Roscosmos chief Yuri Borisov told reporters. In case of an emergency on the International Space Station that would require the evacuation of the entire crew before the new capsule arrives, space officials will consider whether the Soyuz MS-22 could be used safely, Borisov said. The leak from the Soyuz MS-22 was spotted in December when t

Russia's 2022 budget deficit accounts for 2.3% of GDP: Finance Minister

Russia's budget deficit accounted for 2.3 per cent of the country's gross domestic product (GDP) in 2022, Finance Minister Anton Siluanov said

Deal reached for sale of Russian-owned refinery plant in Italy's Sicily

Russian oil company Lukoil said Monday that it has reached an agreement for the sale of a refinery plant in Sicily, where thousands of workers have been fearing job losses due to the European embargo on Russian oil. A company statement said that the sale of the ISAB Srl refinery to G.O.I Energy is planned to be completed by the end of March pending various approvals by authorities, particularly the Italian government. The refinery employs 3,500 people and indirectly supports the jobs of 6,500 others. The workers at the refinery protested in late 2022, fearing for their future as a consequence of the embargo imposed because of Russia's war against Ukraine. About 20% of Italy's oil is refined at the plant. Lukoil said that under the agreement the new owner will retain jobs and ensure health and safety conditions. It noted that G.O.I. Energy investors own a majority stake in Bazan Group, which operates Israel's largest integrated refining and petrochemical facility. No financial deta

ONGC Videsh retakes 20% stake in Sakhalin-1 oil and gas fields of Russia

ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corporation (ONGC), has re-taken a 20 per cent stake in the Sakhalin-1 oil and gas fields in the far east region of Russia, an official said on Monday. Russian President Vladimir Putin in October last year disbanded Exxon Neftegaz - a regional subsidiary of US super major ExxonMobil - as operator of the Sakhalin-1 and transferred the project and all of its assets and equipment to a new operator. The other former foreign shareholders in the project - Japan's Sodeco consortium and ONGC Videsh - were asked to apply to the Russian government to regain their shareholdings in the project. OVL applied and has been given the same shareholding as it had previously, the official said. Production from Sakhalin-1 stopped in April 2022 after Exxon Neftegaz declared force majeure at the project in response to international sanctions imposed on Russia following its invasion of Ukraine. Moscow assigned the Sakhalin-1 project and

Vladimir Putin's energy gambit fizzles as warm winter saves Europe

While a cold snap or delivery disruptions could still throw energy markets into disarray, optimism is growing that Europe can now make it through this winter and next

Ukraine's frontlines witness artillery fire despite 'ceasefire' by Russia

Despite the start of Moscow's order for its forces to maintain a unilateral ceasefire from mid-day in observance of the Russian holiday, there was an exchange of fire along the frontlines of Ukraine

Russian companies barred from displaying tech products at CES 2023

The CES event started on Tuesday evening, but it officially opened on Thursday

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European Union hails high natural gas storage levels despite Russian cuts

Natural gas storage levels in the European Union stand at nearly 84 per cent and were higher in December than the average amount in reserve 4-6 years ago, the EU's executive branch said Wednesday, despite Russian attempts to choke off supplies amid its war on Ukraine. Fearing winter shortages, the 27 EU countries began stocking up on gas last year. Joint gas reserve levels climbed to 82 per cent by September, well ahead of an 80 per cent target set for November. Gas consumption also dropped by 20 per cent from August to November as prices spiked. Angered by EU war-related sanctions, Russia tightened its gas taps to Europe last year. Its pipeline gas accounted for 40 per cent of all gas Europe imported before President Vladimir Putin ordered his troops into Ukraine in late February, but now it only accounts for around 9 per cent. It's a fairly good position to be in, EU commission spokesman Tim McPhie told reporters. We have a healthy level of gas storage for the start of this year,