The complete electrification of transportation in a number of the world’s megacities may exceed more than 0.5 trillion dollars, said Igor Sechin, Chief Executive Officer of Rosneft, on the sidelines of the 27th St. Petersburg International Economic Forum
The sinking demand for electric vehicles demonstrates the lack of planning and haste with which Western countries initially approached electrification of vehicles, Rosneft CEO Igor Sechin said in his report at the Energy Panel held as part of the 27th St. Petersburg International Economic Forum
Developed countries have contributed most to the climate crisis, accounting for the majority of emissions, said Igor Sechin, Chief Executive Officer of Rosneft, in his report “Energy transition and phantom barrels: abandon hope, all ye who enter here. Not everyone will be taken to the bright future of the global energy industry!”
Governments, businesses and investors in Western countries are beginning to revise their approach to the “green” agenda, which is costing too much, told Igor Sechin, Chief Executive Officer of Rosneft, at the 27th St. Petersburg International Economic Forum
The U.S. efforts to maintain its technological superiority come at a high cost to its allies, stated Igor Sechin, Chief Executive Officer of Rosneft, in his report “Energy transition and phantom barrels: abandon hope, all ye who enter here. Not everyone will be taken to the bright future of the global energy industry!”
One of the key reasons for the beginning of the gradual de-dollarization of the architecture of world finance was the use of the dollar as an instrument of unfair competition, said Igor Sechin, Chief Executive Officer of Rosneft, in his report at the Energy Panel of the 27th St. Petersburg International Economic Forum
The stockpiling of reserves by both Western and Middle Eastern companies, as well as the build-up of production capacity, may be an expectation of major market changes, Rosneft Chief Executive Officer Igor Sechin said in his report at the Energy Panel at the 27th St. Petersburg International Economic Forum
Green transition is a form of neo-colonialism against developing countries, said Rosneft’s Chief Executive Officer, while delivering a keynote speech at the Energy Panel at the 27th St. Petersburg International Economic Forum
For the first time in decades, Europe is facing a new reality – Europeans have become poorer, stated Igor Sechin, Chief Executive Officer of Rosneft, while delivering a keynote speech at the Energy Panel of the 27th St. Petersburg International Economic Forum
The idea of energy transition is to strengthen the unipolar structure of the world order, stated Igor Sechin, the Chief Executive Officer of Rosneft, while delivering a keynote speech at the Energy Panel of the 27th St. Petersburg International Economic Forum
Updates throughout. Ukrainian strikes on parts of the Russian-held Luhansk and Kherson regions killed 26 people and injured dozens more on Friday, occupation authorities said. Both Ukrainian regions were among four Russia claimed to have annexed in September 2022 despite not fully controlling any of them following the full-scale military campaign launched that February. A…
Updates throughout. A Moscow court on Friday ordered a French citizen accused of gathering Russian military information to be held in pre-trial detention, in the latest case of a Western citizen being detained in Russia. Laurent Vinatier, a 47-year-old who works for a Swiss conflict mediation NGO, was arrested on Thursday and officially charged with…
On June 8 Chief Executive Officer of Rosneft Igor Sechin will deliver a speech at the Energy Panel of the 27th St. Petersburg International Economic Forum titled “Energy transition and phantom barrels: Abandon hope, all ye who enter here. Not everyone will be taken to the bright future of the global energy industry!”
As the climate crisis intensifies, Russia is pinning its hopes on its vast forests to make up for its carbon emissions — the world’s fourth-highest — and even help the country become a global leader in carbon absorption. But the country’s substandard conservation and ineffective forestry practices, combined with the impacts of climate change itself,…
Russia’s Supreme Court has banned the vaguely defined “Anti-Russian Separatist Movement” as an “extremist” organization, the independent news website Mediazona reported Friday. Rights groups say they have not been able to find a formal organization called the “Anti-Russian Separatist Movement,” leading to speculation that the authorities could use the designation as a pretext for wider…
Countries across the globe are racing to “strengthen their sovereignty” amid Western nations’ efforts to “maintain their elusive role as hegemons,” President Vladimir Putin said in his plenary address at the St. Petersburg International Economic Forum (SPIEF) Friday. Moscow has sought to broaden its support from countries in Africa, South America and Asia and cast itself as…
Alexey Likhachev, Director General of ROSATOM, outlined three key components of the technological landscape for the next hundred years. On June 7, the St. Petersburg International Economic Forum (SPIEF-2024) featured a plenary session titled “Technological Ecosystem of the Future: For the Benefit of Humanity and the Planet.” Participants included Alexey Likhachev, Director General of ROSATOM,…
Updates with new death toll. A missile attack on the Russian-controlled city of Luhansk in eastern Ukraine on Friday killed four people and injured over 40, Russian officials said. The eastern Luhansk region is almost entirely under Russian control. Moscow claimed to have annexed it in 2022. The main city, also called Luhansk, came under…
Russian prosecutors on Friday requested that a French man accused of collecting information about the military be placed in pre-trial detention pending a court hearing on charges of breaking Russia’s “foreign agents” law, his lawyer told AFP. Laurent Vinatier, a French national who works with the Geneva-based Center for Humanitarian Dialogue, was arrested Thursday in…
French President Emmanuel Macron’s recent statements are “inflaming” tensions in Europe and show he is readying France for a direct role in the Ukraine war, the Kremlin said on Friday. The French leader has taken an increasingly hawkish line in his support for Kyiv, promising on Thursday to transfer Mirage fighter jets to the embattled…
Russia’s Central Bank held interest rates unchanged on Friday, despite inflation running well ahead of its target and repeated warnings that a surge in military spending is overheating the economy. The bank kept its key rate at 16% but signaled it could hike borrowing costs in the future if the pace of price rises does…
Four Indian medical students have drowned while swimming in a river in northwestern Russia, local law enforcement officials said Friday. The incident happened on Tuesday in the Volkhov River in the city of Veliky Novgorod, the regional branch of Russia’s Investigative Committee said. “The students were swimming… in an area where swimming is banned,” the…
The document was signed during the St. Petersburg International Economic Forum. On June 7, 2024, during the St. Petersburg International Economic Forum, the Mechanical Engineering Division of ROSATOM signed a memorandum of understanding with partners from the Republic of Guinea. This Memorandum of Understanding envisages cooperation on developing floating power units (FPUs) to supply electricity…
A senior member of a group known for reporting on public figures who oppose Russia’s invasion of Ukraine to the authorities has been killed in Moscow, the group confirmed Friday following media reports of his stabbing death. Anton Yegovtsev, deputy chairman of the Zov Naroda (Call of the People) movement was killed near his home…
A Russian nuclear-powered submarine will make a stop in Havana next week, the Cuban authorities announced late Thursday. The nuclear submarine Kazan and three other Russian naval vessels, including the missile frigate Admiral Gorshkov, an oil tanker and a salvage tug, will dock in the Cuban capital on June 12-17, Cuba’s Ministry of the Revolutionary…
The meeting took place on the sidelines of SPIEF-2024. On June 6, 2024, during the St. Petersburg International Economic Forum, a meeting took place between Director General of ROSATOM Alexey Likhachev and the President of the Plurinational State of Bolivia Luis Arce. They discussed cooperation in the use of nuclear energy for peaceful purposes and…
Ukraine on Thursday ordered the evacuation of children and their guardians from several towns and villages in the eastern Donetsk region, where fighting with Russian troops has intensified since Moscow launched a new ground offensive early last month. President Volodymyr Zelensky has said Russian firepower is now concentrated in Donetsk, which the Kremlin claimed to…
Washington is tracking Russian warships headed to the Caribbean Sea for military exercises this summer, Reuters and the Associated Press reported, citing unnamed U.S. officials. According to the reports, officials said they believe the anticipated drills were “certainly” part of Russia’s broader response to U.S. support for Ukraine. AP said Moscow has not notified Washington…
Russian law enforcement authorities on Thursday detained a French citizen on suspicion of gathering information about the military and accused him of violating the country’s law on “foreign agents.” “The suspect carried out a targeted collection of Russian defense and military-technical information for several years,” Russia’s Investigative Committee, which probes major crimes, said in a…
A Moscow court on Thursday remanded the self-proclaimed witch Alyona Polyn, known for casting spells in support of President Vladimir Putin, shortly after she collapsed in court, state media reported. Polyn, whose real name is Yelena Sulikova, was detained in the Moscow region earlier this week on charges of disseminating “extremist” literature and “insulting believers’…
Russia’s Central Bank chief on Thursday called for Russia to be an “open economy” despite the barrage of Western sanctions and trading restrictions it has faced over the full-scale invasion of Ukraine. Central Bank Governor Elvira Nabiullina was speaking at the St. Petersburg International Economic Forum (SPIEF), Russia’s premier business and investment event that used to…
There were plans announced to transport 3 million tons of transit cargo along the Northern Sea Route by the end of the year. Representatives of ROSATOM took part in the session “The Northern Sea Route: Expanding Arctic Horizons”, which was held at the XXVII St. Petersburg International Economic Forum (SPIEF-2024) on June 6. The event…
Russia’s Defense Ministry said Thursday that its forces captured a Columbian man who purportedly fought as a mercenary on the side of Ukraine. “Angel Cardenas Montilla came to Ukraine following an advertisement on TikTok inviting mercenaries to fight against Russia,” the Defense Ministry said in a statement. It did not say where the man was…
The memoranda outline specific steps for building human resources for Burkina Faso’s nuclear sector. On June 5, on the sidelines of the St. Petersburg International Economic Forum (SPIEF-2024), three memoranda of understanding were signed between ROSATOM and the Ministry of Energy, Mines and Quarries of Burkina Faso. The documents were signed by Director General of…
At least one person was killed and more than 100 others were injured after two trams collided on a bridge in the Siberian city of Kemerovo early Thursday, local officials said. Security camera footage shared on social media showed passengers being tossed onto a busy roadway from one of the careening trams as the driver…
A Ukrainian drone attack started a fire at an oil refinery in southern Russia, forcing it to halt operations, regional authorities said early Thursday, adding that there were no casualties. Russia’s Defense Ministry said 13 drones were destroyed overnight in annexed Crimea, six in the southwestern Belgorod region and an anti-ship missile was shot down…
Russian President Vladimir Putin on Wednesday criticized the West’s delivery of long-range weapons to Ukraine, arguing Moscow could arm other countries with similar weapons to attack Western targets. The comment — which Putin made at a rare press conference with foreign news outlets — came after several Western countries including the United States gave Ukraine…
A Moscow court on Wednesday sentenced Twitch streamer Anna Bazhutova to five and a half years in prison for livestreaming witness testimony about alleged Russian atrocities in the Ukrainian city of Bucha. “It’s f***** up. It’s disgusting and vile,” the 30-year-old Bazhutova, speaking from the glass defendant’s box, said in reaction to the ruling against…
The St. Petersburg International Economic Forum (SPIEF), Russia’s premier business and investment event, kicked off in the country’s second-largest city on Wednesday with a focus on Russia’s place in a “multipolar” world, partnerships with the Global South and, increasingly, on domestic business deals. Once dubbed the “Russian Davos,” SPIEF had long attracted leading Western businesspeople,…
A Russian military court has sentenced a mobilized soldier to 23 years in prison for killing his fellow servicemen with a grenade while under the influence of alcohol, the state-run news agency TASS reported Wednesday. Junior Sergeant Dmitry Lobovikov was said to be intoxicated when he threw a live grenade inside a sleeping quarter in…
Moldova’s former chief of the general staff shared sensitive military information with Russian intelligence services at the height of Moscow’s full-scale invasion of Ukraine, according to a new report by The Insider, which cited leaked Telegram messages. Igor Gorgan, Moldova’s chief of the general staff between 2013 and 2016, and then later between 2019 and…
Moscow will increase the number of its military instructors in Burkina Faso, Russia’s Foreign Minister Sergei Lavrov announced Wednesday during a visit to the West African nation as part of a wider regional tour. “Russian instructors work here and their number will increase,” Lavrov said at a news conference in the capital Ouagadougou. “At the…
President Vladimir Putin’s daughters Katerina Tikhonova and Maria Vorontsova are scheduled to speak at the St. Petersburg International Economic Forum (SPIEF) this week, according to the annual event’s program. Tech executive Tikhonova is among the speakers of a panel discussion on “the defense industry’s role in ensuring technological sovereignty” on Thursday. Washington sanctioned her for…
Russia’s Supreme Court on Wednesday upheld a five-year prison sentence against the prominent anti-war sociologist Boris Kagarlitsky on charges of “justifying terrorism,” state media reported. Kagarlitsky, 65, was initially fined 600,000 rubles ($6,600) in December over a since-deleted YouTube video about the 2022 Crimea bridge explosion. In February, a military court of appeals reversed that…
Over a year into Russia’s grotesque full-scale invasion of Ukraine, disinformation and misconceptions of the conflict — fuelled both by the Kremlin and by political actors abroad — continued to permeate public debate. “The Russo-Ukrainian War: The Return of History” by Serhii Plokhy takes aim at many of these myths, demonstrating how Russia’s centuries-long imperial obsession…
The Russian online bank Tinkoff announced Wednesday that it was changing its name to T-Bank, marking a symbolic end to the lender’s association with its millionaire founder Oleg Tinkov, who has lived in exile since denouncing Moscow’s full-scale invasion of Ukraine more than two years ago. “First there was a word, now there’s a letter,”…
The booth of the State Corporation at the Forum shows how technologies serve for development of the humankind. ROSATOM takes part in the XVII St. Petersburg International Economic Forum (SPIEF-2024) which has opened today. ROSATOM acts as the titular partner of the Forum. The booth of the State Corporation at the event shows how technologies…
Russian cosmonaut Oleg Kononenko surpassed his own record for total time spent in space after he logged 1,000 days in Earth’s orbit on Wednesday, according to the Russian space agency Roscosmos. Kononenko, 59, became the world record holder in February when he overtook fellow Russian cosmonaut Gennady Padalka by spending 879 consecutive days in space.…
It featured with a special presentation on its latest developments on small-modular reactors (SMRs). ROSATOM, a global leader in nuclear technologies, held a presentation of small land-based and floating nuclear power plants (FNPP) during Africa Nuclear Business Platform 2024 that took place from 28th to 31st of May in Accra. As Ghana aims to establish…
THE HAGUE, Netherlands — Dozens of people gathered in front of the Russian Embassy in The Netherlands on Tuesday to commemorate late Kremlin critic Alexei Navalny on what would have been his 48th birthday. “It’s crucial that the name of Navalny continues to be spoken, as every mention ensures that his legacy lives on,” Vladimir Nechayev,…
The popular language learning platform Duolingo has removed references to LGBTQ+ people in its Russian version at Moscow’s request, the state-run news agency TASS reported Tuesday. Russia’s state media watchdog Roskomnadzor had this spring ordered Duolingo to comply with its “LGBT propaganda” law after conservative activists spotted phrases like “Ben and Peter love each other” and “Clara met…
Starbucks has applied for several patents in Russia almost two years after exiting the country over its war in Ukraine, the Vedomosti business daily reported Tuesday, citing the database of Russia’s intellectual property agency Rospatent. Experts speculate the move could signal either Starbucks’ potential return to the Russian market or an effort to extend patent…
Russia’s deputy foreign minister claimed Tuesday that the West may be planning to overthrow the government of Georgia ahead of its parliamentary elections later this year, as tensions continue to boil over in the South Caucasus nation after the recent passing of a controversial “foreign influence” law. “We see Western attempts to escalate the situation…
Western army instructors training Ukrainian soldiers in the country would have no “immunity” from Russian strikes, the Kremlin said Tuesday, amid reports that France could despatch military trainers to Ukraine. Ukraine’s army chief Oleksandr Syrsky said last week that French military instructors would soon arrive in the country, but Kyiv’s Defense Ministry later walked back…
Russia’s special services have ramped up the already strict security measures surrounding President Vladimir Putin to an unprecedented degree, two Russian officials who have been present at many of Putin’s public appearances as well as a source close to the Kremlin told The Moscow Times. The Kremlin — already on heightened security alert due to…
Russia is waging an intense disinformation campaign aimed at tarnishing the reputation of the International Olympic Committee and stoking fears of violence at this summer’s games in Paris, according to a new report from Microsoft’s Threat Analysis Center. According to Microsoft, the influence operations use a potent mix of fake videos, fictitious news stories, and…
Russia’s second-largest lender VTB Bank announced Tuesday that it plans to open new offices in occupied Ukraine this year. “The bank will open two new branches in Luhansk in July and, by the end of the year, it plans to start customer service in Mariupol and Donetsk,” VTB said in a statement. The three cities are located in…
Reactor hall equipment weighing 500 tons shipped to the Tianwan and Xudapu nuclear power plants. Izhora Plants (part of Rosatom’s Mechanical Engineering Division) have shipped five units of equipment manufactured for two NPPs of Russian design currently under construction in China. The large cargo with a total weight of about 500 tons is to be…
Updated with Turchak appointment. Oleg Khorokhordin announced Tuesday that he was stepping down as governor of the Siberian republic of Altai, making him the third regional head to resign within a week as the country prepares for regional elections in September. “I’m resigning from the post of head of the Altai Republic in connection with…
On a recent May afternoon, a Russian train trundles through the country’s southwestern regions near the border with Ukraine. The train’s dining car is packed with Russian soldiers. Some are heading to the front lines in Ukraine, where their country has been waging war for over two years, while others are returning home for a…