Putin believes Trump is determined to stabilize relations between USA and Russia

On Thursday, speaking at the traditional Valdai Forum in Sochi, Russian President Vladimir Putin said that US President Donald Trump is ready to listen to him and is determined to improve the relations between the two countries.

 “In my opinion, the current president [of the US] is determined to stabilize and level the relations between Russia and the US,” Putin said and added that “we will see how the situation will further develop”.

Putin denied the accusations of Western countries …


Poland acquires shares of Norwegian continental shelf gas field

The Polish Radio announced that the Norwegian subsidiary (Upstream Norway AS) of the Polish oil and gas company (PGNiG) acquired Equinor Energy AS concession shares on the Norwegian continental shelf for $ 220 million.

PGNiG reported that the signed contract states the acquisition of a 30% stake in the PL044 concession at Equinor Energy AS, which is the equivalent of buying a 42.38% stake in the development of the Tommeliten Alpha field, operated by ConocoPhillips Norway AS.

Tommeliten Alpha …


Sanctions devastate major Russian hi-tech project

One of the largest hi-tech development projects in Russia, initiated by the government and the Security Council, has come to ruin due to sanctions.

The Angstrem-T microchip plant, which belongs to former Communications Minister Leonid Reiman and has received $1 billion in state financing, is close to bankruptcy.

The company, which received an €815 million credit line from Vnesheconombank (VEB) in 2008 to build a factory in Zelenograd, has not yet even begun repaying the loan. Reuters reports …


Russia accuses Ukraine of escalating the situation in the Donbas

On October 18, the State Duma of the Russian Federation adopted a statement on the aggravated situation in Ukraine.

 In this small document in several paragraphs, Ukraine is accused of killing the leader of the so called Donetsk People's Republic (DPR), Alexander Zakharchenko, tearing apart Orthodoxy, ignoring the "will of the fraternal Russian and Ukrainian peoples” in connection with the decision to terminate the Friendship Treaty and, in general, anti-Russian politics.

“The State Duma is …


US offers to supply two frigates to Ukrainian Navy

The US offered to provide the Ukrainian Ministry of Defense with military-technical assistance for the Ukrainian Armed Forces. In part, the US authorities propose to strengthen the Ukrainian Navy with frigates. The appropriate letter was sent to the Ukrainian Defense Ministry through the military attaché of the US embassy, reports the Ukrainian military portal.

It is reported that among other things the Americans are ready to transfer to Ukraine two Oliver Hazard Perry-type frigates which will …