The Sokol cargo had been one of two sold by ONGC Videsh, the overseas investment arm of Oil and Natural Gas Corp to refiners Hindustan Petroleum Corp and BPCL in March
The Czech Republic, which currently holds the rotating Presidency of the Council of the European Union wants to remove capping Russian gas prices from the agenda of this Friday's meeting
American intelligence shows that Russia is using filtration centers in eastern Ukraine and Western Russia to detain, interrogate and in some cases abuse thousands of Ukrainians, a senior White House official has said. Addressing media persons during her daily news briefings, White House Press Secretary Karine Jean-Pierre said that the US assess that the Kremlin views filtration operations as crucial to their efforts to annex areas of Ukraine under their control. At the United Nations later in the day, US Ambassador to the UN Thomas-Greenfield demanded that Russia halt its filtration operations immediately and allow the UN independent observers and humanitarian and human rights organisations access to these filtration sites and to those who have been sent to Russia. The US ambassador presented newly downgraded information to the UN Security Council, saying that that the United States has information that officials from Russia's Presidential administration are overseeing and ...
Speaking at an economic forum in Vladivostok, Putin said European calls for a price cap on Russian gas were 'stupid', and would lead to higher global prices and economic problems in Europe
According to the action plan, once banks receive applications from corresponding banks, they have to undertake internal scrutiny and send it to the RBI for approval
While volumes are rising, there are interesting structural changes taking place in the sector
Russian President Vladimir Putin and Chinese President Xi Jinping will meet next week at a summit in Uzbekistan, a Russian official said Wednesday. The two leaders will meet at the Shanghai Cooperation Organisation summit, held in the Uzbek city of Samarkand on Sept. 15-16, Russian Ambassador to China Andrei Denisov told reporters. Less than 10 days from now another meeting of our leaders will take place at the SCO summit in Samarkand. We are actively preparing for it, Denisov was quoted by Russia's state news agency Tass as saying. The visit to Uzbekistan, if it goes ahead, will be Xi's first foreign trip in 2 years. Russian media also reported Xi's plans to visit Kazakhstan prior to the summit in Uzbekistan, but the reports have remained unconfirmed. When asked about the Uzbekistan trip, Chinese Foreign Ministry spokesperson Mao Ning told a daily briefing Wednesday: On your question, I have nothing to offer. Putin and Xi last met in Beijing in February, weeks before the Kremlin
Russian President Vladimir Putin said Wednesday that Moscow will press on with its military action in Ukraine until reaching its goals and mocked Western attempts to drive Russia into a corner with sanctions. Putin told at an annual economic forum in the far-eastern port city of Vladivostok that the main goal behind sending troops into Ukraine was protecting civilians in the east of that country after eight years of fighting. It wasn't us who started the military action, we are trying to put an end to it, Putin said, reaffirming his argument that he sent troops into Ukraine to protect Moscow-backed separatist regions in Ukraine, which have fought Ukrainian forces in the conflict that erupted in 2014 following Russia's annexation of Crimea. All our action has been aimed at helping people living in the Donbas, it's our duty and we will fulfill it until the end, he said. Putin charged that Russia has strengthened its sovereignty in the face of Western sanctions, which he said bordered
President Vladimir Putin said on Wednesday that Russia would resume gas supplies to Germany through the Nord Stream 1 pipeline as soon as a key turbine was returned
Designating Russia as a state sponsor of terrorism is not an effective path forward to hold it accountable as it could have unintended consequences for Ukraine and rest of the world, the White House has said. As the President has said, and as we do think as well, it (declaring Russia a state sponsor of terrorism) is not the most effective or strongest path forward, as we have said many times before, to hold Russia accountable, White House Press Secretary Karine Jean-Pierre told reporters on Tuesday at her daily news conference. She said the designation of state sponsor of terrorism to Russia could have unintended consequences to Ukraine and the world. For example, according to humanitarian experts and NGOs we have spoken to, it could seriously affect the ability to deliver assistance in areas of Ukraine, she said. Another one is it could drive critical humanitarian and commercial actors away from facilitating food exports to help mitigate the global food crisis and jeopardise the .
Under new rules proposed by the European Union (EU), Russians will now have to face a lengthier visa application process and see fees rise from 35 euros ($34) to 80 euros ($79)
U.S. Deputy Treasury Secretary Wally Adeyemo said he was hopeful that China and India would join the coalition of countries seeking to impose a price cap on Russian oil or simply use the cap
Gazprom on Friday said the Nord Stream 1 pipeline, Europe's major supply route, would remain shut as a turbine at a compressor station had an engine oil leak, sending wholesale gas prices soaring.
Russia sent significantly more oil and coal to India and China over the summer compared with the start of the year, while European countries that long relied on Russian energy have cut back sharply in response to the war in Ukraine, said a report published Tuesday. The Centre for Research on Energy and Clean Air said Russia received about 158 billion euros ($158 billion) in revenue for the sale of oil, natural gas and coal from February to August, more than half of which some 85 billion euros worth was exported to the European Union. Within the EU, Germany was the biggest importer, buying 19 billion euros worth of fossil fuels from Russia during the six-month period. The single biggest importer worldwide, however, was China, which bought 35 billion euros worth of Russian energy, the Helsinki-based group said. While Russia's revenue rose, overall export volumes dropped by 18% compared with when the country invaded Ukraine, the report said. The EU has cut its imports from Russia b
The Russian Ministry of Defense is in the process of purchasing millions of rockets and artillery shells from North Korea for its ongoing fight in Ukraine, according to a newly downgraded U.S. intelligence finding. A U.S. official, who spoke on the condition of anonymity to discuss the intelligence determination, said Monday that the fact Russia is turning to the isolated state of North Korea demonstrates that the Russian military continues to suffer from severe supply shortages in Ukraine, due in part to export controls and sanctions. U.S. intelligence officials believe that the Russians could look to purchase additional North Korean military equipment in the future. The intelligence finding was first reported by The New York Times. The finding comes after the Biden administration recently confirmed that the Russian military in August took delivery of Iranian-manufactured drones for use on the battlefield in Ukraine. The White House said last week that Russia has faced technical .
Indian refiners have been snapping up relatively cheap Russian oil, shunned by Western companies and countries since sanctions were imposed against Moscow.
Russia has terminated an agreement with Tokyo on facilitating visits by Japanese citizens to the four disputed Pacific islands, a government order showed.
Financial markets in Europe sunk on Monday after the Russian decision to snap the gas supply via its Nord Stream 1. Know more about this pipeline, and why is it so crucial for Europe?
Russian Foreign Ministry says two of its embassy staff were killed by an explosion outside Russia's Embassy in Kabul on Monday. The ministry didn't offer any details as to who the staff members were or how they died. Russia's state news agency RIA Novosti reported earlier, citing anonymous sources, that 15-20 people were killed or wounded as the result of the explosion. According to RIA Novosti, the blast occurred when a Russian diplomat came out to the people queuing outside to call out the names of the candidates for a visa. Russia's state news agency RIA Novosti said an explosion went off outside the Russian Embassy in Afghanistan's capital of Kabul. The agency, citing unnamed sources, says the blast occurred on Monday when a Russian diplomat came out to people waiting outside to call out the names of the candidates for a visa. The report said there were between 15 to 20 casualties, but did not differentiate between dead and wounded. The agency didn't clarify whether Russian ..
The Dutch TTF October gas contract had eased to 256 euros, up 23 per cent on the day by 0723 GMT but almost 400 per cent higher than a year ago.