Interfax News

Russia's Black Sea port of Novorossiysk temporarily suspended oil exports, equivalent to 2.2 million barrels per day, or 2% of global supply, on Friday, according to industry sources, after what local authorities said was a Ukrainian drone attack.The attack, one of the biggest on Russian oil-exporting infrastructure in recent months, comes after Ukraine in August stepped up strikes on Russian oil refineries in an attempt to degrade Moscow's ability to finance its war.Global oil…

The Russian and Chinese navies are carrying out artillery and anti-submarine drills in the Sea of Japan as part of scheduled joint exercises, the Russian Pacific Fleet was quoted as saying on Sunday.The drills are taking place two days after U.S. President Donald Trump said he had ordered two nuclear submarines to be positioned in "the appropriate regions" in response to remarks by former Russian president Dmitry Medvedev. However, they were scheduled well before Trump's action.Interfax…

The first Russian-built ice-class tanker for liquefied natural gas is expected to go into operation in the second half of this year at the Arctic LNG 2 plant, Interfax news agency quoted tanker group Sovcomflot as saying on Wednesday.International sanctions over Ukraine have led to a shortage of tankers in Russia that can cut through thick ice, preventing Arctic LNG 2 from exporting cargo since the first stage of the plant started operation at the end of 2023.The tanker, named Alexey Kosygin after a Soviet statesman…

Russia's leading tanker group Sovcomflot's saw transportation volumes drop around 16% to 63 million metric tons last year compared to 2023, Russian news agency Interfax reported on Friday, citing the group's CEO Igor Tonkovidov as saying.The United States and the European Union imposed sanctions on state-controlled Sovcomflot and its fleet in 2024 in an effort to reduce Russia's revenue from oil sales that it can use to finance its war in Ukraine. The company's net profit dropped by 55% to $424 million last year.Sovcomflot hopes that the transportation volume of oil…

U.S. and Russian officials held talks in Saudi Arabia on Monday aimed at sealing a Black Sea maritime ceasefire deal before a wider ceasefire agreement in Ukraine as Moscow and Kyiv used drones to pound each other.The talks, which followed U.S. negotiations with Ukraine in Saudi Arabia on Sunday, came after Russia launched its third consecutive overnight air attack on Kyiv, wounding one person and damaging houses in the region around the Ukrainian capital.Russia, for its part…

Russian and Chinese navy warships have practiced anti-submarine missions in the northwestern Pacific Ocean as part of a joint patrol in the Asia-Pacific region, Russian news agencies reported on Tuesday."A tactical group of warships maneuvered and formed a marching order to organize anti-submarine defense," Interfax agency cited the press service of the Russian Pacific Fleet as saying.The agency reported that Russian and Chinese Navy ships have begun joint patrols after participating in the Beibu/Interaction 2024 naval exercises in September.A number of training sessions and combat training ex

U.S. Secretary of State Antony Blinken criticised Beijing's "escalating and unlawful actions" in the South China Sea at a summit on Saturday, while his Russian counterpart said Washington has stoked anxiety with its plan for a nuclear deterrence with ally Seoul for the Korean peninsula.Blinken singled out China over its coast guard's hostile actions against U.S. defence treaty ally the Philippines in the South China Sea.But he also lauded the two countries for their diplomacy after Manila completed a resupply mission earlier on Saturday to troops at a disputed shoal…

Two corvettes of the Russian navy's Pacific Fleet left the port of Vladivostok in Russia's Far East to carry out training missions in the Asia-Pacific region, the Interfax news agency cited the fleet's press service as saying on Monday."When leaving the main base of the fleet, the crews of the ships practiced emergency preparations for battle and sailing, and when passing through a narrow area, they conducted training in repelling a UAV (unmanned aerial vehicle) raid of a mock enemy," the agency reported, citing the press service.The corvettes, the Rezky and the Gromky, will conduct a number o

Russia's Black Sea port of Novorossiisk was operating as normal on Wednesday after an attempted Ukrainian maritime drone attack, the Interfax news agency reported on Wednesday, citing the local administration."There are no restrictions. Shipping goes as normal," Interfax quoted a statement from the local administration.Novorossiisk is Russia's largest Black Sea port and a key outlet for crude oil and oil products exports and transit in Russia's south. It also loads oil coming from Kazkahstan and Azerbaijan and handles grain…

Russia's leading tanker group Sovcomflot said western sanctions and changing market conditions may cut its revenues this year, a rare admission from a major Russian business of the damage western restrictions against Moscow are having.The U.S. imposed sanctions on Sovcomflot, which was previously one of the world's leading tanker operators, in February, in an attempt to reduce Russia's revenues from oil sales that it can use to support its military actions in Ukraine."The main reasons are that the company is under relentless sanctions pressure…

Russian energy company Novatek said on Sunday it had been forced to suspend some operations at a huge Baltic Sea fuel export terminal due to a fire started by what Ukrainian media said was a drone attack.The giant Ust-Luga complex, located on the Gulf of Finland about 170 km (110 miles) west of St. Petersburg, is used to ship oil and gas products to international markets. It processes stable gas condensate - a type of light oil - into light and heavy naphtha, kerosene and diesel to be shipped by sea.It was not clear how long the disruption would last…

Ukraine struck a large Russian landing warship in Crimea with cruise missiles in an overnight attack that killed at least one person and could hinder any Russian attempt to seize more Ukrainian territory along the Black Sea coast.The Russian defence ministry, cited by the Interfax news agency, said Ukraine had used air-launched missiles to attack the Crimean port of Feodosia and that the Novocherkassk large landing ship had been damaged.Russian Defence Minister Sergei Shoigu had briefed President Vladimir Putin in detail about the attack, the Kremlin said.

Russia warned the West on Friday that unless obstacles to its exports of grain and fertilisers were removed, then Ukraine would have to export grain over land and Moscow would work outside the UN-brokered landmark grain export deal.The Black Sea grain deal is an attempt by the United Nations to ease a food crisis that predated the Russian invasion of Ukraine, but was made worse by the most deadly war in Europe since World War Two.The deal, first signed by Russia, Ukraine, Turkey…

Moscow said on Thursday that sanctions on Russia would have to be reviewed if it were to heed a U.N. appeal to open access to Ukraine's Black Sea ports so that grain could be exported, according to an Interfax news agency report. Read full storyUkraine, one of the world's biggest grain producers, used to export most of its goods through its seaports, but since Russia sent troops into Ukraine, it has been forced to export by train or via its small Danube River ports.U.N. food chief David Beasley appealed on Wednesday to Russian President Vladimir Putin…

Romania expects around 30 ships from Ukraine to clear customs on the Danube River over the next two days as it bids to clear a logjam in the aftermath of Wednesday's Russian attack on Ukraine's main river port at Izmail.The river and its mouth, now Ukraine's last waterborne grain export route, are backed up with vessels travelling to and from Ukrainian ports, commercial ship tracking data shows.Romanian authorities managing the waterway still expect a "peak" in traffic in August…

One of President Vladimir Putin's top allies said on Wednesday that the sabotage of the Nord Stream offshore gas pipelines resembled the U.S. Central Intelligence Agency-backed attacks on oil infrastructure in Nicaragua in 1983.Nord Stream 1 and Nord Stream 2 offshore gas pipelines, which run from Russia to Germany on the bed of the Baltic Sea, were ruptured last month in what Moscow said was an act of "international terrorism".President Vladimir Putin on Friday blamed the United States and its allies for blowing up the undersea Nord Stream pipelines, allegations rejected by Washington.

A Russian missile has hit a tanker that has been drifting in the Black Sea for over four months and had been carrying diesel, the Interfax-Ukraine news agency reported on Thursday, citing Ukraine's military which called the ship an "ecological bomb".The Moldova-flagged tanker Millennial Spirit has now been struck twice since Russia invaded Ukraine on Feb. 24.It was first hit with a missile fired from a warship days after the invasion. Moldova said at the time that the ship had a Russian crew and two were seriously wounded. Ukraine's southern military command said when the vessel was struck in February it had more than 500 tonnes of diesel on board and that since then it had been drifting without a crew."Probably the remainder of the cargo is burning…

Russia is ready to provide a humanitarian corridor for vessels carrying food to leave Ukraine, in return for the lifting of some sanctions, the Interfax news agency cited Russian Deputy Foreign Minister Andrei Rudenko as saying on Wednesday.Ukraine's Black Sea ports have been blocked since Russia sent thousands of troops into Ukraine on February 24 and more than 20 million tonnes of grain are stuck in silos in the country.Russia and Ukraine account for nearly a third of global…

Russia and India are looking at expanding the use of the Northern Sea shipping route that passes through the Arctic and which could include the building of processing facilities, Russia's Interfax agency reported on Wednesday. Alexei Chekunkov, Russia's minister for the development of the Far East and the Arctic, is visiting India and a key issue in his talks with Indian officials was the "reliable and safe" transportation of goods through the Northern Sea Route using Russian and Indian ports, Interfax reported.

Russia's oil production rose almost 5% in the first half of June compared with May, the Interfax news agency reported on Tuesday, citing a source familiar with the output statistics.Average daily oil production, including condensate, was 1.46 million tonnes in the first 13 days of June, 68,000 tonnes more than May levels, the news agency reported.Russian oil companies, led by Rosneft ROSN.MM, were expected to re-open wells in June which they had shut due to Western sanctions as the companies bank on a pick-up in seasonal demand and sustained Asian buying, Reuters sources said previously.

Some 151 ships have used Ukraine's new Black Sea shipping corridor since it was set up in August, the Interfax-Ukraine news agency reported on Friday, citing a senior government official.A total of 4.4 million metric tons of cargo, including 3.2 million tons of grain, has been shipped via the corridor, Yuriy Vaskov, deputy minister for renovation and infrastructure, was quoted as saying.A U.N.-backed deal that had allowed safe passage for Ukrainian grain exports via the Black Sea collapsed in July after Russia withdrew.In response…

The Baltic Exchange's dry bulk sea freight index rose on Friday and posted a second consecutive weekly gain on the back of stronger demand across vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose to an over three-weeks high as it added 62 points, or 3.5%, to 1,820. It was up 10.8% this week.The capesize index added 99 points, or 3.7%, to 2,763. The index rose 6.8% for the week.Average daily earnings for capesize vessels…

Ukraine is seeking ways to get grain and vegetable oils out of the country by breaking a months-long blockade of the Sea of Azov and the Black Sea by the Russian navy and moving more by land.The war, together with Western sanctions against Russia, have sent the price of grain, cooking oil, fertilizer, and energy soaring.That in turn, is threatening a global food crisis as many countries count on Russia and Ukraine for more than half of their wheat imports, including some of the poorest.Russia and Ukraine together account for nearly a third of the global wheat supply…