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Economy Politics Country 2025-12-25T13:09:48+00:00

Russia Postpones LNG Production Goal Due to Sanctions

Russian Deputy Prime Minister Alexander Novak announced that Moscow has postponed its goal of producing 100 million tons of liquefied natural gas annually for several years due to sanctions.

Russia Postpones LNG Production Goal Due to Sanctions

Russian Deputy Prime Minister Alexander Novak told state television on Thursday that Moscow has postponed its goal of reaching 100 million tons per year in liquefied natural gas production for several years due to sanctions.

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Lukoil Announces New Development Plans
2026-01-29T10:12:00+00:00

Lukoil Announces New Development Plans

Russian oil giant Lukoil, under US sanctions, announced a strategy to diversify markets and strengthen ties with Asia despite external pressure.
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MIPT Researchers Create Ultra-Fast Sensor for Supersonic Aircraft
2026-01-25T01:30:06+00:00

MIPT Researchers Create Ultra-Fast Sensor for Supersonic Aircraft

MIPT researchers have developed a shock wave sensor that is 10 times faster than current models. This innovation will help create more advanced supersonic aircraft and has already attracted the attention of Russian aviation and energy companies.
Economy Country
Lavrov: Russia to Continue Trade with Iran Despite US Threats
2026-01-21T04:33:41+00:00

Lavrov: Russia to Continue Trade with Iran Despite US Threats

Russian Foreign Minister Sergey Lavrov confirmed that the country will not interrupt trade relations with Iran, despite pressure from the US and threats of sanctions. Russia will act in its own interests.
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Russia's Oil and Gas Budget Revenues Hit 2020 Low
2026-01-15T19:11:48+00:00

Russia's Oil and Gas Budget Revenues Hit 2020 Low

Data from Russia's Ministry of Finance showed that federal budget revenues from oil and gas fell by 24% in 2025, reaching their lowest level since 2020. This decline has become a significant blow to the Russian economy, as hydrocarbons are a key source of income. Experts attribute this drop to several factors, including falling global energy prices and changes in export structure.
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