Russian carmaker AvtoVAZ reported a jump in new car sales in August on Friday, as the country’s industry is reeling from Western sanctions over Moscow’s invasion of Ukraine. Car maker Lada announced that it sold 18,087 passenger vehicles during the previous month, a figure that increased by 75.2% compared to July. Although AvtoVAZ’s sales are […]
Tag: Russia
Russia Prepares to Restore Natural Gas Flows – 15% Plunge in Prices
Moscow indicated it would restore gas flows to Europe via Germany’s critical Nord Stream pipeline, easing markets. In particular, as Bloomberg reports, shipment orders published by the pipeline operator suggest that Russian gas flows are expected to resume from 2 a.m. Berlin time on Saturday. The orders show the pipeline will be restored to 20% […]
Norwegian energy group Equinor has fully withdrawn from Russia
Norwegian energy group Equinor said on Friday it had completed its exit from Russia, fulfilling a promise it made after Moscow’s invasion of Ukraine in February to exit the Russian market entirely. Equinor’s move marks the first full, orderly exit of an international oil and gas company from Russia, as pressure mounts for other energy […]
The eight mysterious deaths of Russian energy oligarchs in 2022
The death of the chairman of Russian oil giant Lukoil Ravil Maghanov on Thursday made the rounds of the world raising a series of questions once again, as he was the eighth executive in the Russian energy sector to die suddenly this year and under unusual circumstances. Maganov was killed when he fell from the […]
USA: Authorities raid Russian oligarch Viktor Vekselberg’s Manhattan home
Law enforcement agents yesterday searched properties in New York linked to Viktor Vekselberg, a Russian billionaire oligarch who has been sanctioned, NBC New York reported, as Washington seeks to capitalize on the sanctions and asset seizures to pressure Moscow to end its military invasion of Ukraine. An eyewitness told Reuters that FBI and HSI agents […]
New energy threat from Russia: ‘We will cut off oil in countries that will impose a ceiling’
LAST UPDATE: 20.36 Russia will stop deliveries of oil and oil products to countries that decide to curb the cost of Russian oil, Russian Deputy Prime Minister Alexander Novak said, according to Russian news agency TASS. “Regarding the ceiling on prices. If they impose a ceiling, we simply to such companies or countries that will […]
Zaporizhia: IAEA chief ‘saw what he needed to see’ during inspection
The head of the International Atomic Energy Agency (IAEA) said he “saw what he needed to see” during an inspection today of Ukraine’s Zaporizhia nuclear power plant, which has been regularly bombed for weeks. “We were able, in a few hours, to gather a lot of information. I saw the main things that I needed […]
Putin held a lesson with students and promoted Russian propaganda about the war in Ukraine
Russian President Vladimir Putin held an open class called “Talking about important things” with the winners of school competitions in culture, art, science and sports, promoting the Kremlin’s propaganda about the war in Ukraine to school-aged children. About the purpose of the “special military operation” in Ukraine According to Putin, some people accuse Russia of […]
Russia: We estimate that maintenance work on Nord Stream1 will last three days
Russian Deputy Prime Minister Alexander Novak said today that state energy giant Gazrpom estimates that maintenance work on the Nord Stream 1 gas pipeline will be completed within three days. “These are technical issues. Gazprom said the outage will last three days. We make our assumptions based on this statement,” Novak told reporters when asked […]
Russia warns Moldova not to threaten its troops in Transnistria
Russian Foreign Minister Sergei Lavrov warned Moldova today that the threat to the security of Russian troops in the breakaway region of Transnistria risks provoking a military confrontation with Moscow. Russia has stationed peacekeepers in Transnistria since the early 1990s, when pro-Russian separatists wrested most of the region from Moldovan control in an armed conflict. […]