India’s Nuclear Power Corporation of India Limited (NPCIL), is considering forming a joint venture with Rosatom for manufacturing nuclear fuel in the country to boost its nuclear capability. Russia is already helping build the Kudankulam Nuclear Power Plant (NPP) in southern India, set to be the largest atomic power plant in the country. That NPP […]
Russia’s natural resource trade with China exceeded US$65 billion in H1 2024, according to China’s Ministry of Customs, reaching record levels. Overall, Russian exports of natural resources to China increased by 4% over the same period last year, year-on-year, reaching a new high of US$65.2 billion between January and June of this year. Oil and
Russia’s Natural Resource Exports to China In H1 2024 Reach New Highs Read More »
The 2022 price cap on oil sanctions that placed a limit of US$60 per barrel on Russian crude, are another example where ill-thought out economic policies matched with related geopolitical movements have instead created problems for the West’s own shipping supply chains. The oil cap sanctions, introduced in September 2022, were intended to limit the
Russia’s Shadow Fleet Evades Sanctions While Western Maritime Shipping Faces Problems Read More »
Russia’s energy development strategy continues in the Sahel region of Africa, where engineers from the Rosatom, the state nuclear energy company, are on a four-day visit to Burkina Faso to discuss building a Nuclear Power Plant (NPP) in the country. Burkina Faso, previously the French colony of Upper Volta, is one of the world’s least
Rosatom Building Nuclear Power and Solar Energy Plants in Burkina Faso and Mali Read More »
BREAKING NEWS: Wednesday August 7Vladimir Putin has reportedly told Iran to avoid civilian casualties in any retaliatory attack on Israel for the assassination of the Hamas political leader Ismail Haniyeh. Sergei Shoigu, Russia’s Security Council Secretary, has arrived in Iran for discussions with Iranian Supreme National Security Council Secretary Ali Ahmadian, and the Chief of
Russian Security Council Secretary Arrives In Iran For Talks Read More »
Venezuela could transfer the development rights to its vast oil and gas fields that are currently operated by American energy companies to entities from BRICS nations, President Nicolas Maduro said on Friday. Maduro is currently facing pressure from Washington following contested elections, with Washington recognising his opponent as the legitimate President. Venezuela is also a
Venezuela Suggests Transferring Its US Energy Contracts To The BRICS Countries Read More »
Russia’s Foreign Minister Sergey Lavrov gave a speech concerning the 80th anniversary of diplomatic relations between Russia and Syria on July 19, in Moscow. He outlined the historic relations between the two countries and future developments. We reproduce his comments below: “Russian-Syrian diplomatic relations were established on July 21, 1944 at the height of WWII.
Russia’s Foreign Minister Sergey Lavrov met with Taher al-Baour, the Acting Foreign Minister of Libya, in New York on the sidelines of the UN Security Council’s open debate on multilateral cooperation on July 16. During the discussion on the developing situation in Libya, Lavrov underscored Moscow’s unchanging intent to keep on supporting sustainable stabilisation of
Will provide APAC steelmakers with coal from the world’s largest deposits Dmitry Demeshin, the acting governor of Khabarovsk has said that financing for the construction of the Elga port in the region has nearly reached its ₽150 billion (US$1.7 billion) target. The port is mainly intended for the export of coal from the Elginsky deposit
Russia Developing Port Elga On The Pacific Ocean Read More »
Russian President Vladimir Putin met with Chinese President Xi Jinping on the sidelines of the Shanghai Cooperation Organization summit in Astana yesterday (July 3), and have instructed the two countries’ responsible companies to agree on the terms of gas supply via the Power of Siberia 2 pipeline “as soon as possible,” according to Russian Deputy
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