Sechin called underinvestment a risk factor for long-term oil supplies

The long-term stability of oil supplies is in question due to underinvestment, market participants depend on the opportunistic interests of certain groups of investors, said the head of Rosneft Igor Sechin. According to Mr. Sechin, in order to maintain production at the current level until 2040, “it is required to invest about $ 17 trillion … Read more

Moody’s announced the risk of disconnecting Russia from payment systems

The international rating agency Moody’s has confirmed the long-term ratings of Russia in foreign and national currencies at Baa3. Among the factors that influenced this decision, the agency names the stability of the Russian economy, a low level of public debt and exposure to political risks, including sanctions. At the same time, Moody’s also allowed … Read more

Petersburg signed agreements for more than 200 billion rubles at SPIEF

The amount of agreements concluded by St. Petersburg at the international economic forum exceeded 200 billion rubles, said the governor of the city, Alexander Beglov. As an example, he named, in particular, the agreement with VTB on the development of Pulkovo airport, for which 80 billion rubles will be allocated. According to Mr. Beglov, the … Read more

The head of the Rosselkhoznadzor announced the dependence of Russia on the import of eggs for the production of vaccines

Russia is completely dependent on the import of chicken eggs, which are needed for the production of vaccines, said the head of the Rosselkhoznadzor Sergei Dankvert. He explained that for the manufacture of vaccines – including against coronavirus and influenza – eggs are needed that are free of pathogenic microflora, but there are no factories … Read more