The energy ministers of Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman approved increasing crude oil production to 188,000 barrels per day starting in August.
This is the organization's fifth consecutive increase, amid the ongoing conflict in the Strait of Hormuz, and is a…
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Russia
Russia faces temporary fuel shortage
Russian President Vladimir Putin admitted that the country is facing a temporary fuel shortage, but indicated that the situation is not critical.
The president emphasized that as a primary measure, imports and shipments to Crimea will be…
OPEC+ to increase oil production in July
Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman participated in a virtual meeting last Sunday, during which they agreed to increase oil production by 188,000 barrels per day next month.
This marks the fourth consecutive…
Venezuela and Russia sign pharmaceutical cooperation agreement
On April 9, the governments of Venezuela and Russia signed an agreement that includes a robust professional training program, geared towards biotechnological autonomy, with technology transfer for the local production of insulin and other…
Great fortunes are concentrated in a few countries
According to the Forbes list of the world's richest people, the top five countries are the United States, China, India, Germany, and Russia.
Great fortunes are concentrated in small territories. The United States tops the list, "with the…
Russia prepares second oil shipment to Cuba
Cuba is preparing for the arrival of a second oil tanker from Russia, after the country's Energy Minister, Sergey Tsiviliov, indicated that loading of the second tanker had already begun.
As is known, the President of the United States,…
More precise hearing implants created in Russia
In Russia, a group of scientists developed a hearing implant that reduces noise distortion by 17 %, increasing the precision of perception, as it transmits 9 % through the skull bones directly to the inner ear.
Scientists from Perm…
Russia to continue supporting Venezuela
Despite current tensions following US actions in Venezuela, Russia's representative to the United Nations, Vasily Nebenzia, indicated on Thursday, February 5, that they will continue to strengthen relations with the South American country.…
US dollar faces restrictions on the international stage
More than a dozen countries worldwide have decided to restrict or completely prohibit transactions in US dollars as a protest against its hegemony in the commercial sector.
The US currency faces various initiatives, such as the BRICS…
OPEC+ announces stable crude oil supply until April
According to an announcement issued by OPEC+ this Sunday, January 4, the oil alliance led by Saudi Arabia and Russia will maintain a stable crude oil supply at least until April.
The group of oil-producing countries announced the measure…
Putin estimates GDP growth of 1 % by the end of 2025
Russian President Vladimir Putin's estimate for Gross Domestic Product growth by the end of 2025 is 1 %, compared to 4.1 % in 2024.
According to the Russian leader, the nation's inflation will remain stable, not exceeding 6 %, which is…
Russia extends gasoline export ban until end of year
The Russian government extended the ban on retailers exporting gasoline until the end of this year.
The measure was issued following recent Ukrainian drone attacks on several Russian refineries, which led to the extension of the ban to…