At the St. Petersburg Forum, the Russian Federation is trying to hide a budget deficit of 80 billion dollars. Revenues have fallen by 40%, and 71 of the country's regions have become deficit-ridden.
The EU is preparing sanctions against four Chinese companies for assisting the Russian military. Firms from the UAE, Turkey, and Azerbaijan will also face restrictions.
Turkey and Russia's Gazprom have begun negotiations on extending gas supplies after 2026. The parties are discussing the volumes and terms of the new contracts.
Due to sanctions, three-quarters of Russia's large companies have lost profits. Gazprom and other giants are massively refusing to pay dividends.
A court in Kazakhstan has authorized the recovery of $1. 4 billion from Gazprom. Ukraine is working on the seizure of Russian assets in ten jurisdictions and is cooperating with the EU.
Shares of Gazprom and TMK depreciated following Putin's visit to Beijing. The parties failed to sign a contract for the construction of the Power of Siberia-2 gas pipeline.
A court in Astana has allowed the forced recovery of 1. 4 billion dollars from Gazprom. This is the first foreign decision regarding the enforcement of an arbitration award against the Russian company.
Putin will discuss the construction of the Power of Siberia 2 gas pipeline in Beijing. Russia's economic dependence on sanctioned technologies from China has reached over 90%.
A UAV strike has halted fuel production at Gazprom's Astrakhan plant. Restoration of the key unit will take from several weeks to months.
The Foreign Intelligence Service stated that Belarus is shifting to an austerity regime due to the Russian Federation's financial problems. The authorities are already cutting spending on healthcare and regional projects.
Gazprom declared a profit thanks to accounting adjustments and rising prices for Russians. Export revenues are falling due to new European Union sanctions.
The tanker Kunpeng is transporting a batch of LNG from the Portovaya plant to the Indian terminal Dahej. This is Russia's first attempt to open a new market after US sanctions.
A Yale University report indicates the involvement of Gazprom and Rosneft in financing children's camps. The companies facilitated the relocation and ideological influence.
Over 2,100 Ukrainian children were taken to Russian camps with funds from Russian oil giants. A Yale University report links these actions to the war crimes of the aggressor country.
Three employees of a project company were detained for developing documentation for the modernization of Russian oil refineries. The court chose a preventive measure in the form of detention for the suspects.
The Supreme Court of Switzerland rejected the Russians' appeal regarding gas transit debt. Gazprom is obliged to pay the debt and 450,000 francs in costs.
The Russian authorities have organized the program "Foundations of Russian Statehood" for over 1,500 employees of 47 large companies, including state corporations. The program's goal is to form "correct values" and intensify propaganda among the middle class.
The GUR recorded Starlink disconnections among Russian occupiers along the entire front line. Russians are forced to use low-quality Gazprom terminals, which do not provide stable communication.
Serbia plans to purchase gas through the EU's joint procurement mechanism to reduce its dependence on Russia. The country aims to secure approximately 500 million cubic meters of fuel annually through the EU initiative.
The sale of LUKOIL International GmbH for $22 billion and the loss of Gazprom Germania by Gazprom indicate the degradation of Russia's international business. Sberbank and VTB also lost their European assets.
Gazprom's average daily natural gas supplies to Europe via TurkStream increased by 10. 3% in January compared to last year. Turkey remains the only transit route for Russian gas to Europe.
Gerhard Schröder refused to transfer documents about conversations with Putin to the German Federal Archives, keeping them at the Friedrich Ebert Foundation. These documents concern his time in power from 1998 to 2005.
The Serbian oil refinery NIS, owned by Russia and under US sanctions, will start operating on January 17 or 18. This became possible after receiving a temporary license from the Office of Foreign Assets Control of the US Treasury Department.
Russia's full-scale invasion of Ukraine has cost Russian taxpayers approximately $550 billion, which is equivalent to 24 annual Russian higher education budgets. A significant portion of these expenditures is hidden, and the financing of the war is shifted to the population through new taxes and rising prices.
Russian pipeline gas exports to Europe in 2025 decreased by 44% to 18 billion cubic meters, which is the lowest figure since the mid-1970s. This happened after the closure of the Ukrainian route and the cessation of fossil fuel imports from Russia.
The Serbian government has supported negotiations between NIS's Russian owners and Hungarian MOL regarding the sale of a controlling stake. The aim of the deal is to remove the country's largest energy company from under US sanctions.
Russian natural gas exports to China via pipeline are expected to grow by a quarter this year, reaching 38. 6-38.7 billion cubic meters. However, this will not compensate for the drop in revenues from the loss of the European gas market.
An Austrian court has definitively blocked the US request for the extradition of Dmytro Firtash, concluding over a decade of legal hearings. The Higher Regional Court of Vienna confirmed that the lower court's decision is final, as prosecutors failed to meet the deadline for filing an appeal.
The Russian Federation is urgently intensifying its work in the Transnistrian region of Moldova, strengthening mobilization measures and UAV production. This is aimed at destabilizing the situation and creating tension on the border with Ukraine.
A Russian LNG plant on the Baltic Sea coast has delivered gas to China for the first time since the introduction of US sanctions. The vessel Valera arrived at the Beihai import terminal, indicating strengthening energy cooperation between the countries.
