ST. PETERSBURG. June 19 (Interfax) - Gas extraction is becoming increasingly costly and coal should be used to power data centers, the Russian Energy Ministry said.

ST. PETERSBURG. June 19 (Interfax) - The Central Bank of Russia intends to achieve its inflation target of 4%, Central Bank Governor Elvira Nabiullina said at the 2025 St. Petersburg International ...

ST. PETERSBURG. June 19 (Interfax) - Gas supplies from Russia to Hungary in 2025 will total between 8 billion cubic meters and 8.5 bcm, meaning the TurkStream pipeline will be utilized at maximum ...

Russian companies are reluctant to invest under tight monetary policy, current rates demotivate businesses, the forecast of 1.7% investment growth in 2025 is ambitious and investment dynamics may turn ...

MOSCOW. June 19 (Interfax) - Air Arabia has extended the suspension of scheduled flights to and from Russia until June 30, inclusive, Russia's Federal Air Transport Agency reported. The airline had ...

ST. PETERSBURG. June 19 (Interfax) - The Central Bank of Russia will reduce its key rate as inflation slows in Russia, with the current deceleration happening faster than the regulator anticipated, ...

MOSCOW. June 19 (Interfax) - Russian Deputy Prime Minister Alexander Novak and OPEC Secretary General Haitham Al Ghais discussed the situation on global energy markets, including in light of the ...

The United States imposed a ban on provision of services related to oil production in Russia, both export and re-export of these services, on January 10, 2025, but an exemption was made for Sakhalin-2 ...

MOSCOW. June 18 (Interfax) - The Caspian Pipeline Consortium's No. 2 single-point mooring device, which was stopped following an inspection, is ready to be put into operation, and the consortium has ...

MOSCOW. June 18 (Interfax) - The Ukrainian government has approved Ukraine's withdrawal from the agreement of the Commonwealth of Independent States (CIS) on transfers of social non-commercial ...

MOSCOW. June 18 (Interfax) - The Caspian Pipeline Consortium will replace the No. 1 and No. 2 single point mooring devices with foreign-made units, not Russian ones, in 2026-2027, CPC CEO Nikolai ...

"I spoke to him yesterday," Trump told reporters on the White House lawn. Trump said he is not yet interested in the Russian president's proposal to help resolve the conflict between Iran and Israel.