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United Kingdom

Vladimir Soldatkin

India quietly seals missile deal with Russia despite U.S. warning

05 Oct 2018

NEW DELHI India agreed a deal with Russia to buy S-400 surface to air missile systems on Friday, the two sides said, as New Delhi disregarded U.S. warnings that such a purchase could trigger sanctions under U.S. law. | Video

Russia's Phosagro strikes $1 billion fertiliser deal with India

05 Oct 2018

NEW DELHI Russia's Phosagro has struck a deal to supply 2 million tonnes of fertiliser worth $1 billion to India by 2021, it said on Friday, adding that supplies would rise further if India cancels a 5 percent duty on Russian fertiliser imports.

UPDATE 1-Russia's Phosagro strikes $1 bln fertiliser deal with India

05 Oct 2018

NEW DELHI, Oct 5 Russia's Phosagro has struck a deal to supply 2 million tonnes of fertiliser worth $1 billion to India by 2021, it said on Friday, adding that supplies would rise further if India cancels a 5 percent duty on Russian fertiliser imports.

Real Madrid suffer shock 1-0 defeat to CSKA Moscow

02 Oct 2018

MOSCOW A depleted Real Madrid suffered a shock 1-0 Champions League defeat at CSKA Moscow on Tuesday, extending a poor run of form for the holders that has left them without a win or a goal in three games.

Russian oil output hits post-Soviet high in September

02 Oct 2018

MOSCOW Russian oil output reached 11.36 million barrels per day (bpd) in September, a post-Soviet high helped by higher production from Rosneft and foreign-led projects, Energy Ministry data showed on Tuesday.

UPDATE 1-Russian oil output hits post-Soviet high in September

02 Oct 2018

* Russian oil output reached 11.36 mln bpd in September * Oil prices surge to 4-year high amid Iran sanctions (Adds detail) By Vladimir Soldatkin MOSCOW, Oct 2 Russian oil output reached 11.36 million barrels per day (bpd) in September, a post-Soviet high helped by higher production from Rosneft and foreign-led projects, Energy Ministry data showed on Tuesday. It rose from 11.21 million bpd in August and topped the record high 11.247 million bpd hit in October 2016 which served as Russia's baseline for a deal curbing output alongside other producers which began in January 2017 aimed at stabilising the oil markets. In tonnes, oil output slipped to 46.478 million from 47.41 million in August as September is a shorter month. Russian oil output surged as the Organization of the Petroleum Exporting Countries and other large global oil producers led by Russia agreed in June to ease production curbs and stick to the initial levels of output, in line with a 2016 Vienna agreement. OPEC producers delivered only a limited increase in oil production last month, a Reuters survey has found, as a cut in Iranian shipments due to U.S. sanctions offset higher output in Libya, Saudi Arabia and Angola. Output increases have been facilitated by stronger oil prices as markets prepare for tighter supply once U.S. sanctions against Iran kick in next month. Brent crude oil futures have risen by around 20 percent from lows in August to over $85 per barrel, a four-year high. Russian Energy Minister Alexander Novak has said a price of $70-&80 per barrel is good for both producers and consumers. According to the Russian Energy Ministry, oil production at Rosneft, the world's largest listed oil company by output, jumped by 1.5 percent from August to almost 4 million bpd. Russia's overall oil production was also supported by an increase at the Production Sharing Agreement (PSA) projects by more than 20 percent to 1.6 million tonnes (390,000 bpd). The ministry did not provide a breakdown of data for each PSA project. Oil output at the Sakhalin-1 project, led by U.S. major ExxonMibiil rose to about 250,000 barrels per day from 200,000, according to ONGC Videsh , which owns a 20 percent stake in the consortium. Russian oil pipeline exports in September stood at 4.278 million bpd, down from 4.343 million bpd in August. Russian natural gas production of 57.54 billion cubic metres (bcm) last month, or 1.92 bcm a day, was up from 54.62 bcm in August. (Reporting by Vladimir Soldatkin; editing by Jason Neely)

Russia sees hard-to-recover oil output rising 10 percent in 2018

01 Oct 2018

VLADIVOSTOK, Russia Production of hard-to-recover oil in Russia is expected to rise by 10 percent to 43 million tonnes (860,000 barrels per day) this year, boosted by tax incentives, Russian Deputy Energy Minister Pavel Sorokin said in an interview.

UPDATE 1-Russia: current oil price sanctions-driven, seen at $50/bbl long-term

18 Sep 2018

GORKY, Russia, Sept 18 Russian Energy Minister Alexander Novak said on Tuesday that current high oil prices of between $70 and $80 per barrel were temporary and were mainly driven by sanctions, adding that the long-term price would stand at around $50 per barrel.

Russia: current oil price sanctions-driven, seen at $50/bbl long-term

18 Sep 2018

GORKY, Russia Russian Energy Minister Alexander Novak said on Tuesday that current high oil prices of between $70 and $80 per barrel were temporary and were mainly driven by sanctions, adding that the long-term price would stand at around $50 per barrel.

Putin says Russia has found men accused by UK over poisoning

12 Sep 2018

VLADIVOSTOK, Russia President Vladimir Putin said on Wednesday Russia had found the two men accused by British prosecutors of trying to murder ex- Russian spy Sergei Skripal and his daughter Yulia in Britain, but that there was nothing criminal about them. | Video

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