Ukraine

Russian oil manufacturer Gazpromneft brushed off the effect of significant brand-new U.S. sanctions on Friday, while insurance provider Ingosstrakh said they would produce a market vacuum that would benefit less credible rivals. The outbound administration of President Joe Biden on Friday imposed its broadest bundle of sanctions yet, targeting Russia's oil and gas profits in an attempt to offer Kyiv and the inbound administration of Donald Trump leverage to reach an offer for peace in Ukraine. A U.S. official said the procedures need to expense Russia billions of dollars a month. Gazpromneft, likewise hit by British sanctions, stated it would...

A Russian court has actually purchased web company Yandex to conceal access to maps and pictures of among Russia's largest oil refineries due to continuous attacks by Ukrainian drones, state news agency TASS reported on Friday. Yandex, frequently described as Russia's Google, operates the nation's largest search engine and other online services like maps, translate and email, along with ride-hailing and food delivery. The court in Moscow ordered Yandex to omit information about the refinery's facilities from its search results page by getting rid of and editing images of workshops, compressor stations and other parts of the plant from Yandex...

Agents of European Union countries failed on Friday to approve a 15th package of sanctions on Russia, that included an extension for the Czech Republic to import Russian oilbased items coming mainly through Slovakia, diplomats said. Two member states blocked the passage over an argument about extending the time provided to European business disinvesting from Russia, diplomats said. EU members will come back to the package later. The plan also includes sanctions on tankers carrying Russian oil. Within the plan was a debate on extending an EU exemption allowing the Czechs to continue importing diesel and other products originated from...

Russian oil producer Rosneft invested $20 billion in India just recently, the Indian government quoted Russian President Vladimir Putin as stating in a statement on Thursday, without offering information. Putin said in January that Rosneft prepared to expand its existence in India and Indian government authorities stated in July that India might look for deals with Rosneft and other oil companies as it wanted to reinforce its energy ties with Russia. We are also prepared to establish our manufacturing operations in India ... Our company believe that purchasing India pays, Putin stated at the 15th VTB Russia Calling Investment Online...

Rosneft, Russia's. biggest oil producer, stated on Friday it might delay updating. its refineries due to high rate of interest and taxes, as its. ninemonth profit fell 13.9% year on year to 926 billion roubles. ($ 8.7 billion). Industry sources told Reuters this month that a minimum of three. Russian refineries, consisting of Rosneft-owned Tuapse plant, had to. stop processing or cut runs due to monetary losses amid export. curbs, increasing unrefined costs and high borrowing costs. Rosneft's head Igor Sechin, a longstanding ally of President. Vladimir Putin, has actually long criticised the central bank for its. tight financial policy....

A leading NATO military official on Monday prompted services to be prepared for a wartime circumstance and adjust their production and distribution lines accordingly, in order to be less susceptible to blackmail from nations such as Russia and China. If we can make certain that all vital services and products can be provided no matter what, then that is an essential part of our deterrence, the chair of NATO's military committee, Dutch Admiral Rob Bauer, stated in Brussels. Speaking at an event of the European Policy Centre think tank, he described deterrence as going far beyond military capability alone, considering...

The U.S. enforced fresh sanctions on Russia's Gazprombank on Thursday, the Treasury Department said, wielding its most powerful sanctioning tool versus the bank as President Joe Biden steps up actions to penalize Moscow for its invasion of Ukraine before leaving workplace in January. The relocation successfully kicks Gazprombank - among Russia's. largest banks - out of the U.S. banking system, bans their trade. with Americans and freezes their U.S. possessions. Gazprombank is partially owned by Kremlin-owned gas business. Gazprom. Since Russia's invasion in February 2022,. Ukraine has been prompting the U.S. to enforce more sanctions on the. bank, which receives...

Britain has barred Angolan billionaire Isabel dos Santos and Ukrainian oligarch Dmytro Firtash and has frozen their UK possessions, the federal government announced on Thursday, in what it said became part of a new crackdown on ' dirty cash'. The procedures were the first step in tightening Britain's. anti-corruption sanctions program as promised in July's election,. the Labour federal government stated. These deceitful people selfishly deny their. fellow people of much-needed funding for education, healthcare. and infrastructure - for their own enrichment, Foreign. Secretary David Lammy said in a declaration. Dos Santos, whose daddy Jose Eduardo dos Santos ruled. Angola...

Russia will stick to its dedications to the OPEC+ group of leading oil manufacturers and has reached its assured oil output level of 9 million barrels per day, Deputy Prime Minister Alexander Novak said on Wednesday. Under the offer, Russia's oil output quota from June to the end of this year is 8.98 million bpd. Russia has actually reached the levels that we voluntarily handled as a production responsibility, which is 9 million barrels each day, Novak told reporters on the sidelines of the Valdai Discussion Club conference in the Black Sea resort of Sochi. OPEC+ has been curbing output...

The United States on Wednesday enforced curbs on numerous targets in fresh action against Russia, taking aim at sanctions circumvention in a. signal that the U.S. is dedicated to countering evasion. The action, taken by the U.S. Treasury and State. departments, enforced sanctions on nearly 400 entities and. people from over a lots various nations, according to. statements from the Treasury and State departments. The action was the most collective push so far versus. 3rd nation evasion, a State Department official told Reuters. It included sanctions on lots of Chinese, Hong Kong and Indian. companies, the most from those nations...

The following are the leading stories in the Financial Times. Reuters has actually not verified these stories and does not attest their accuracy. Headings - Volkswagen fined by UK regulator for treatment of consumers in monetary problem - Nigeria declines Shell's planned sale of $1.3 bln onshore production system - UK will offer $3 bln towards G7 loan for Ukraine - UK workers' rights reforms to cost services 5 bln pounds a year - Serious Scams Workplace probes ₤ 112mn hotel developed by leading UK trade union Introduction - UK's monetary regulator, the Financial Conduct Authority, on Monday fined Volkswagen...

A fire broke out at an oil depot in the city of Feodosia on the Crimean coast of the Black Sea, Russianappointed authorities in the Crimean Peninsula that Moscow annexed from Ukraine in 2014 said on Monday. There were no casualties, Oleg Kryuchkov, a consultant to the Russian-installed head of Crimea, composed on the Telegram messaging app, pointing out the head of the Feodosia administration. There was no detail offered on what had triggered the fire. The Baza Telegram news channel, which has sources amongst Russia's. security services, reported that a number of fuel tanks were on fire. in Feodosia...

German gas imports fell by 11%. in 2024 compared to the year before, with Norway the biggest. supplier, while exports more than halved, the country's network. regulator stated on Wednesday. According to initial figures from the Bundesnetzagentur,. German gas imports fell to 865 terawatt hours (TWh) in 2024 from. 968 TWh in 2023. Norway, with 48% of shipments, was followed by the. Netherlands at 25% and Belgium at 18%, it stated. Exports from Germany, meanwhile, dropped to 89 TWh in 2024. from 187 TWh the year before, with the Netherlands, the Czech. Republic and Austria among its most important consumers....

A Russian assisted bomb attack on Saturday wounded 10 individuals, including two children, in a town in Ukraine's northeastern Sumy area, near the Russian border, local authorities stated. The area borders Russia's Kursk region and has been frequently shelled by Russian forces for months. Video published by President Volodymyr Zelenskiy revealed parts of a building in the village of Svesa minimized to rubble. Rescue groups ferried homeowners out of the building on stretchers. A whole block of the building, from the ground to the fifth floors was destroyed, Zelenskiy said in his nighttime video address. Neighbouring houses were likewise damaged....

Ukraine's customer rates increased by 11.2% yearonyear in November, more than anticipated, driven by rapidly increasing food costs and high electricity costs, the stats service said on Tuesday. Customer rates rose by 1.9% in November compared to the previous month, the service included. Inflation has actually been speeding up faster than initially anticipated up until now this year, prompting officials to revise their projections several times. The most recent central bank forecast saw inflation at about 10% at the end of December. Lower harvests due to bad weather and high energy expenses were key inflation chauffeurs, authorities and analysts said....

The United States is ruling out going back to Ukraine the nuclear weapons it quit after the Soviet Union collapsed, White House national security consultant Jake Sullivan said on Sunday. Sullivan made his remarks when questioned about a New york city Times article last month that stated some unknown Western officials had actually suggested U.S. President Joe Biden could offer Ukraine the arms before he leaves workplace. That is not under factor to consider, no. What we are doing is surging different traditional capabilities to Ukraine so that they can effectively safeguard themselves and take the battle to the Russians,...

A possible resumption of nuclear weapons tests by Moscow remains an open question in view of hostile U.S. policies, a senior Russian diplomat was quoted as saying early on Saturday. This is a concern at hand, Deputy Foreign Minister Sergei Ryabkov told TASS news agency when asked whether Moscow was thinking about a resumption of tests. And without expecting anything, let me simply state that the situation is quite challenging. It is constantly being thought about in all its elements and in all its aspects. In September, Ryabkov described President Vladimir Putin as having stated that Russia would not carry...

Blasts expanded across Kyiv on Wednesday morning after authorities stated Russia released its very first missile attack on the Ukrainian capital because August, requiring elderly females and small children to nestle in an underground metro station. Ukrainians have actually been waiting on a big rocket attack for months, fretted that it could deal a new blow to the hobbled energy system and cause long blackouts as winter season sets in. Air defences intercepted two inbound cruise missiles, 2 ballistic missiles and 37 drones throughout the nation, the air force stated. No casualties or significant damage were reported in Kyiv. Putin...

Ukraine's consumer inflation rose to 8.6% yearonyear in September driven by rising energy prices, higher company costs, and a lower harvest, the statistics service said on Thursday. Inflation was 7.5% year-on-year in August. The stats service stated in a statement that regular monthly inflation was at 1.5%. in September. The stats data revealed that September inflation was. driven by an increase in utilities tariffs and higher electricity. rates. Ukraine's power sector remains in crisis due to magnified. Russian barrages of the energy facilities. Frequent Russian missile and drone attacks have knocked out. about half of Ukraine's energy-generating capability since March....

A staff member at the Russiancontrolled Zaporizhzhia nuclear power plant in southern Ukraine was eliminated on Friday early morning in a vehicle bomb attack, Russian detectives said, in an attack the plant blamed on Ukraine. Russia's Investigative Committee, which probes major criminal activities, stated the staff member, Andrei Korotkiy, died after a bomb planted under his automobile went off outside his home in the city of Enerhodar, where the plant lies. Korotkiy worked in the plant's security department, the Committee said. A criminal case has been opened into his death. In a statement, the plant accused Ukrainian authorities of orchestrating...

Russian forces intercepted a. Ukrainian drone on Thursday near the Russian town of Kurchatov. but there was no damage to the nearby Kursk nuclear power plant,. the regional governor said. Guv Alexei Smirnov said debris from the drone. triggered explosions in a building unrelated to the plant. A number of Russian Telegram channels earlier reported the. alleged Ukrainian attack, which they stated had been thwarted by. air defences but had resulted in a fire several miles from the. nuclear plant. The plant's operator, Rosenergoatom, stated the center. was operating as normal and radiation levels remained within. regular limits. Reuters might...

The present conflict in between Russia and the West over Ukraine is unparalleled in history and an error might cause disaster, a senior Russian diplomat stated on Thursday when inquired about comparisons to the 1962 Cuban Missile Crisis. The 2-1/2- year-old Ukraine war, the most significant land war in Europe given that World War 2, has set off a significant conflict between Russia and the West, and Russian officials say it is now entering its most unsafe phase to date. Russian diplomats have formerly invoked comparisons to the 1962 crisis when the Cold War superpowers are considered to have actually...

China and Brazil on Friday pressed ahead with an effort to collect developing nations behind a strategy to end Russia's war in Ukraine, in spite of Ukrainian President Volodymyr Zelenskiy's termination of the initiative as serving Moscow's interests. Seventeen countries participated in a meeting on the sidelines of the United Nations General Assembly chaired by China's foreign minister, Wang Yi, and Brazilian foreign policy consultant Celso Amorim. Wang told reporters they went over the requirement to prevent escalation in the war, prevent the use of weapons of mass destruction and prevent attacks on nuclear reactor. Russia and Ukraine are next-door...

Management at the Russianheld Zaporizhzhia nuclear power plant in eastern Ukraine implicated Ukrainian forces on Friday of launching a drone attack on a. nearby electrical energy substation and presenting a danger to the plant. Russian forces seized the Zaporizhzhia plant, Europe's. largest with six reactors, in the early days of Moscow's. February 2022 intrusion and each side has actually considering that regularly accused. the other of staging attacks that endanger security. A drone strike by the Ukrainian armed forces harmed a. transformer at the Zarya substation located right beside the. perimeter of the Zaporizhzhia station, the Russian management. said in...