The world’s largest oil producing countries, having signed another deal in December to maintain world oil prices, are now facing internal strife, finanz.ru reports.

Saudi Arabia, the largest member of OPEC in terms of extraction, and the only country in the world capable of rapidly upscaling or downscaling its oil extraction, believes that Russia’s efforts as part of the market stabilization agreement are inadequate. 

By undertaking to reduce extraction by 228,000 barrels per day, Russia is …

Negotiations between Russian President Vladimir Putin and Japanese Prime Minister Shinzō Abe are scheduled to take place in Moscow on January 22. The two leaders will discuss matters relating to the signing of a peace treaty between Russia and Japan, the Kremlin’s press service reported. 

“The plan is to discuss the state and development prospects of a bilateral collaboration in the political, commercial, economic and humanitarian areas. As a follow-up to the agreements achieved during …

NASA administrator Jim Bridenstine has accepted the invitation from Roscosmos head Dmitry Rogozin to meet in Russia, the Russian state space corporation announced on its official website. 

Bridenstine’s visit to Russia was discussed during a teleconference between the two space corporation administrators on January 14. Initially, Roscosmos did not report that the call had taken place, although this was reported by Kommersant. The Russian space corporation explained that it delayed the …

After the meeting with Japanese Foreign Minister Taro Kono, Russian Foreign Minister Sergey Lavrov said that the Kuril Islands are and will remain Russia’s territory.

“The sovereignty over the islands is non-negotiable. We drew attention to the fact these islands are designated as a northern territory in Japan’s legislation, which is, of course, unacceptable,” Lavrov said. 

He pointed out that no peace agreement can be concluded if Japan does not recognize the results of World War II. 

“I …

The German Foreign Ministry recommended that German companies BASF and Uniper refrain from responding to the letters from US Ambassador Richard Grenell which warned them of US sanctions for participating in the construction of the Nord Stream 2 gas pipeline, reported Handelsblatt newspaper on Sunday.

According to the newspaper’s sources, the companies asked the Foreign Ministry how to better respond to Grenell's censure. The Ministry recommended that the companies abstain from responding to …