• Russia agrees to pay Green Peace 2.7 million euros to settle Arctic Sunrise case

    The Netherlands and Russia reached an agreement on the dispute over the detention of the Arctic Sunrise ship and its crew in 2013. On Friday, May 17, the Netherlands Foreign Office in The Hague reported that as part of the final settlement of the conflict the Russian Federation will pay 2.7 million euros compensation to the international organization Greenpeace, the owner of the ship.

    In addition, as one of the dispute settlement points, the Netherlands and Russia agreed to conduct joint …

  • Belarus suspends transit of oil to Ukraine

    The transit of Russian oil from Belarus to Ukraine has been suspended due to the lack of free tankers in Ukraine that could store contaminated  oil, reported the press service of the Belneftekhim Concern.

    The oil routes leading to Ukraine are unstable and pumping has been suspended due to the lack of free tankers in Ukraine that could pump “dirty” oil through the pipelines. According to the new schedule, pumping will resume on night of May 19-20,” the concern noted.

    Belneftekhim also said …

  • Council of Europe allows Russia to take part in electing new Secretary General

    At a meeting in Helsinki, more than 30 member state ministers of foreign affairs in the Council of Europe decided to pave the way for Russia’s return to the PACE following an emergency procedure, as reported by Ukrinform.

    Member states should have the right to participate on an equal footing in the Committee of Ministers and the Parliamentary Assembly according to the decision rendered on Friday.

    At the same time, the ministers stressed that member states have the fundamental obligation to …

  • Russia’s largest petrochemical project declared unprofitable

    The Russian oil company Rosneft has abandoned its plans to invest in the Eastern Petrochemical Complex (EPC) in the Far East, the company’s first vice president Pavel Federov said in a conference call, finanz.ru reports.

    The $12 billion project, which was meant to be built in Primorsky Krai and become Russia’s largest petrochemicals cluster, was found to be unprofitable.

    The complex, which was expected to include oil refineries with a total annual capacity of 12 million tons and 3.4 million …

  • Ukraine, along with 5 countries, exposes international criminal cyber network

    A coalition of six countries: the USA, Germany, Ukraine, Georgia, Moldova and Bulgaria, working with the assistance of Eurojust and Europol, exposed the activities of international criminal cyber network GozNym which used malicious software to steal almost $100 million.

    This was announced at a press conference held on April 16 in The Hague (Netherlands) at Interpol headquarters as reported by Interfax-Ukraine.

    Representatives from the law enforcement agencies of the countries which took part …