Igor Sechin delivers a keynote speech on the Energy Panel of SPIEF-2024
The Energy Panel organized with the support of Rosneft was held as part of the 27th St. Petersburg International Economic Forum
Russian Attacks Kill 2 in South, Northeast Ukraine
Russian shelling and aerial attacks killed two people in southern and northeastern Ukraine Saturday, authorities said, a day after the United Nations warned monthly civilian casualties had reached near-year highs. At least 174 civilians were killed in Ukraine in May, the deadliest month since June 2023 as Russian forces pushed into the northeastern Kharkiv region,…
Biden Says Putin ‘Not Going to Stop at Ukraine’
U.S. President Joe Biden on Saturday pledged Washington’s support for Kyiv in its battle against the Russian invasion, warning that Vladimir Putin would “not stop” at Ukraine. “Putin is not going to stop at Ukraine,” Biden said alongside French President Emmanuel Macron after talks in Paris. “All of Europe will be threatened, we are not…
In First, Ukraine Fires Drones at Airfield in South Russia’s North Ossetia Region
Ukraine targeted the south Russian region of North Ossetia with drones for the first time ever on Saturday, causing minor damage, local authorities said. The drones were aimed at a military airfield near the town of Mozdok, more than 700 kilometers (430 miles) from the frontline, according to North Ossetia governor Sergei Menyailo. “The attack…
Sechin states that the price of oil should take into account the interests of both consumers and producers
Igor Sechin, Chief Executive Officer of Rosneft, assessed the potential price of oil in the medium term during the Energy Panel at the 27th St. Petersburg International Economic Forum
Heads of major energy companies and leading market experts took part in the Energy Panel at SPIEF
Leading experts and representatives of major energy businesses presented their views on the current state of the energy market at the Energy Panel as part of the 27th St. Petersburg International Economic Forum
Igor Sechin speaks about the challenges facing the Russian oil industry
Heavy tax burden and prohibitive interest rates have an impact on the oil industry of the Russian Federation, said Rosneft Chief Executive Officer Igor Sechin speaking on an Energy Panel at the 27th St. Petersburg International Economic Forum
Head of Rosneft states the need for developing a new strategy for reliable and secure energy supply
A new energy supply strategy shall be developed with account for the needs of developing countries, stated Rosneft Chief Executive Officer Igor Sechin speaking on an Energy Panel at the 27th St. Petersburg International Economic Forum
Igor Sechin calls trading in national currencies essential to the continuation of Russian oil exports
Trading in national currencies and development of alternative payment systems are prerequisites for the continuation of Russian oil exports, said Rosneft Chief Executive Officer Igor Sechin speaking on an Energy Panel at the 27th St. Petersburg International Economic Forum
Sechin states that Russia is retaining its role as one of the leaders in the global energy sector
Russia is retaining its role as one of the leaders in the global energy sector and continues to strengthen its position in the global energy market, said Rosneft Chief Executive Officer Igor Sechin speaking on an Energy Panel at the 27th St. Petersburg International Economic Forum
Head of Rosneft expects oil demand to continue to grow
The global demand for oil will continue to grow despite expectations of its peak, as Igor Sechin, Chief Executive Officer of Rosneft, said at the Energy Panel at the 27th St. Petersburg International Economic Forum
Sechin compares the promotion of the “green agenda” with declaring an energy war on the world’s population
Aggressive promotion of the “green agenda” actually means declaring an energy war on the majority of the world’s population; overcoming energy inequality is impossible without reliable supplies of oil and gas, stated Rosneft Chief Executive Officer Igor Sechin at the 27th St. Petersburg International Economic Forum
The head of Rosneft draws attention to the risks of power grid capacity shortages in Western countries
The United States and Canada are at risk of power shortages as renewable energy has displaced a large volume of reliable generation facilities from the North American market, Rosneft CEO Igor Sechin said at the 27th St. Petersburg International Economic Forum
The head of Rosneft estimates electrification of transportation in a number of cities around the world at USD 0.5 trillion
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
Igor Sechin: buyers are not willing to overpay for an electric car
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
Head of Rosneft: developed countries contributes most to the climate crisis
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!”
Igor Sechin states that the West revises its “green” goals
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
Igor Sechin: The U.S. efforts to maintain its technological superiority come at a high cost to its allies
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!”
Igor Sechin: The use of the dollar as an economic weapon have set in motion the process of de-dollarization
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
Rosneft head talks about “phantom barrels” in the oil market that negate OPEC+ efforts
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
Igor Sechin describes the green transition as a new form of colonialism against developing countries
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
Igor Sechin: Europe faces a new reality – Europeans have become poorer
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
Igor Sechin: the idea of energy transition is aimed at strengthening the unipolar structure of the world order
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
Strikes on Russian-Held Ukraine Kill 26, Occupation Authorities Say
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…
Russia Remands French NGO Worker in ‘Foreign Agent’ Case
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…
Igor Sechin will deliver a keynote speech at the Energy Panel as part of the SPIEF
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!”
Russia Says Its Forests Can Absorb Its Greenhouse Gas Emissions. Climate Change and Poor Forestry Standards Make This Unlikely.
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 Bans Nonexistent ‘Anti-Russian Separatist Movement’
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…
Putin Touts BRICS, Rebukes ‘Hegemon’ West in Economic Forum Speech
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…
Four Killed by Strike on Russian-Held Ukrainian City
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 Seek French NGO Worker’s Jailing Pending Trial
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…
Kremlin Says France Seeks ‘Direct’ Role in Ukraine War
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 Leaves Rates Unchanged Despite High Inflation
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…
Indian Medical Students Drown in Russian River
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…
Pro-War Activist Group Says Senior Member Killed in Moscow
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…
Cuba Says Russian Nuclear Submarine to Dock in Havana Next Week
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…
Ukraine Orders Evacuations From Parts of Donetsk Region
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…
U.S. Says Russia Planning Naval Drills in Caribbean Sea
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…
Russia Detains French Citizen for Gathering Military Information
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…
Russian Court Remands Pro-Putin Witch After She Collapses in Court
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’…
Russian Central Bank Chief Calls for ‘Open Economy’
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…
Russia Says Captured Colombian Who Fought for Ukraine
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…
Tram Collision in Siberia Kills 1, Injures 100
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…
Ukraine Drone Strike Halts Operations at Russian Oil Refinery
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…
Putin Threatens to Arm Countries That Could Hit Western Targets
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…
Russian Twitch Streamer Jailed 5.5 Years for Bucha Testimonies
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…
Taliban, BRICS and Family Values: Russia’s Isolation on Show at Economic Forum
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,…
Russia Jails Soldier 23 Years for Killing Fellow Servicemen in Drunken Grenade Blast
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 Ex-Top General Leaked Secrets to Moscow – The Insider
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 to Deploy More Military Instructors in Burkina Faso
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…
Putin’s Daughters to Attend St. Petersburg Economic Forum
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…
Russian Supreme Court Upholds Sentence for Jailed Sociologist Kagarlitsky
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…
Tinkoff Bank Changes Name, Ending Association With Exiled Founder
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,”…
Russian Cosmonaut Kononenko Breaks Own Record With 1K Days Spent in Space
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.…
‘The Kremlin Wants Us to Forget His Name’: Supporters Pay Tribute to Navalny on His 48th Birthday
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,…
Russian Duolingo Removes LGBTQ+ References in Censorship Compliance
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 Applies for Russian Patents After Leaving Country
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…
Moscow Claims West Planning Regime Change in Georgia
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 Trainers in Ukraine Not Immune From Strikes, Kremlin Says
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…
Bulletproof Vests on Red Square: Kremlin Secretly Beefs Up Putin’s Personal Security
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…