Iran’s oil minister will head to Russia on Monday for the 16th joint economic commission of the two countries, with the finalization of the 40-billion-dollar memorandum of understanding in oil and gas sector topping the agenda of the visit. The visit comes on the heels of the meetings of different …
Read More »UK Royal Navy Officials Involved in Nord Stream Terrorist Act
The Russian Ministry of Defense (MoD) has stated that UK Royal Navy officials took part in the planning and implementation of a terrorist attack on the Nord Stream network in the Baltic Sea on September 26th. “According to available information, Royal Navy representatives took part in the planning and implementation …
Read More »Russia Says U.S. Lowers Nnuclear Threshold by Deploying New Nuclear Bombs in Europe
Russia said on Saturday that the accelerated deployment of modernised U.S. B61 tactical nuclear weapons at NATO bases in Europe would lower the “nuclear threshold” and that Russia would take the move into account in its military planning. Russia’s invasion of Ukraine has triggered the gravest confrontation between Moscow and …
Read More »Biden Calls Putin’s Rhetoric on Nuclear Weapons Dangerous
U.S. President Joe Biden expressed skepticism about Russian President Vladimir Putin’s words that he does not intend to use nuclear weapons in Ukraine, the Voice of America reports. Biden considers the Russian president’s rhetoric dangerous. “If he has no intention, why does he keep talking about it? Why is he …
Read More »The Russian Oil Price Cap could be Set between $63 and $64 per Barrel
Western governments are in the final stages of preparing for the implementation of a price cap on Russian oil exports, Reuters has reported, noting that the price range for the cap has yet to be set. According to one unnamed source who spoke to Reuters, the most likely range would …
Read More »Biden: Russia would be Making Serious Mistake to Use Tactical Nuclear Weapon
US President Biden on Tuesday warned Russia against using a tactical nuclear weapon amid concerns Moscow may be creating a pretext to escalate the war in Ukraine, The Hill reported. “Russia would be making an incredibly serious mistake for it to use a tactical nuclear weapon,” Biden told reporters after …
Read More »Russia Becomes Second Largest Gas Supplier to China, Surpassing Australia
Russia in July took over second place in terms of natural gas supplies to China, regarding total gas supplies in pipeline and liquefied form, surpassing Australia, and consolidated its position in August, China’s customs service said. Turkmenistan has been the largest supplier of gas to China since the beginning of …
Read More »Iraq Calls Russian Companies to Explore Oil in New Areas
Head of the technical department in the Iraqi Ministry of Oil, Ali Ward Hammoud, stated on Friday that Iraq is interested in the partnership with Russian oil companies, and called Russian companies to participate in exploring oil in new areas, according to Sputnik News. Hammoud, in a statement to Sputnik, …
Read More »Russia Largest Foreign Investor in Iran’s Oil Industry in H1
Statistics showed that $2.7 billion worth of foreign investment made in the Iranian oil and gas sector in first half of the current Iranian year of 1401 (from Mar. 22 to Sep. 22), the total of which belongs to Russia Russian companies’ investment made in Iran has been approved by …
Read More »In Cooperation with Russian Company, Iraq Seeks to Boost Output from the Badra Oilfield
Iraq seeks to boost output from the Badra oilfield operated by Russia’s Gazprom Neft, a senior official at the Iraqi Ministry of Oil Ali al-Wardi said on Saturday. Speaking to Sputnik, al-Wardi said, “we have an old contract…Gazprom continues to work pursuant to this contract. We have plans to increase …
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