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Category: Russian Federation

  • MIL-OSI Russia: China Moves Towards Full Energy Independence to Become Major Energy Exporter – Rosneft CEO

    Source: Rosneft – An important disclaimer is at the bottom of this article.

    China is moving towards full energy independence and will turn from an importer to a major energy exporter in the foreseeable future, Rosneft CEO Igor Sechin said in his report at the Energy Panel of the XXVIII St. Petersburg International Economic Forum.

    He noted that China is a unique example of a competent approach to energy system development – the country now accounts for a third of the world’s investments in the energy sector.

    “In my opinion, China, which has already ensured its energy security, is confidently moving towards complete energy independence, forming a stable energy balance based on its own resources. There is no doubt, taking into account the persistence and professionalism of the Chinese comrades, that in the foreseeable future they will achieve the desired result, which will turn China from an importer of energy resources into a major energy exporter,” said the CEO of Rosneft.

    According to Igor Sechin, in recent years it is in China that the largest amount of new renewable energy capacity has been commissioned and more than 70% of the world’s capacity for the production of equipment for the “green” economy is located. This applies to the entire value chain: from critical minerals to the production of high-tech equipment that has no analogues in Western countries.

    Rosneft’s CEO also noted China’s efforts in increasing investments in related infrastructure: investments in power grids increased by 15% last year and may double this year. “investments in rechargeable batteries have grown almost fivefold to $11 billion. As of today, the total capacity of such batteries in China exceeds 35 GW , which amounts to two-thirds of the entire global capacity,” Igor Sechin said.

    At the same time, China has never given up fossil fuels. Over the last five years, the country has outpaced the rest of the world in terms of commissioning new coal-fired generation capacity. “Today, coal accounts for almost 60% of China’s electricity generation. Last year alone, China issued permits for about 100 gigawatts of new coal-fired power generation, the highest in a decade, which should strengthen coal’s role in the grid,” emphasized the CEO of Rosneft.

    China’s efforts to strengthen its own energy security have drawn a barrage of criticism, often disguised as concern for the environment. “As the outstanding Chinese strategist and thinker Sun Tzu aptly noted two and a half thousand years ago: ‘The more brilliant your plan, the fewer people will agree with it,’” the Rosneft CEO added. 

    According to Sechin, China’s coordinated approach to energy security is particularly clear from the example of electric cars. The growth of their sales led to a significant slowdown in demand for motor fuel last year, and “the continuation of this trend may have a significant reversing effect on the balance of the oil market”.

    An important part of China’s strategy to reduce its dependence on energy imports is the processing of coal into synthetic fuels and chemical products. “Chinese companies are investing billions of dollars in the development of this industry. According to experts, today in China 40 million tons of coal is used to produce synthetic fuels and more than 260 mln tons for ammonia and methanol production,” Igor Sechin concluded.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    Please note; this information is the raw content received directly from the information source. This is exactly what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: Rosneft Finalizes Development of GTL Technology, Plans Introduction in Taimyr Project – Sechin

    Source: Rosneft – An important disclaimer is at the bottom of this article.

    Igor Sechin, Chief Executive Officer of Rosneft, speaking at the Energy Panel at the XXVIII St. Petersburg International Economic Forum, said that the Company has completed the development of proprietary technologies and catalysts throughout the entire chain of the GTL* process using Fischer-Tropsch synthesis.

    “I would also like to inform that Rosneft has completed the development of proprietary technologies and catalysts throughout the entire chain of the GTL process using Fischer-Tropsch synthesis. All stages of the technological process are covered by respective patents. We plan to introduce this technology in Taimyr,” Igor Sechin said.

    The CEO of the Company demonstrated to the participants of the energy panel a flask with the obtained fuel, noting that it is synthetic oil consisting of the purest hydrocarbon molecules, with zero sulfur content. “To anyone who is interested, we are ready to provide samples,” he added, addressing the participants and audience of the Energy Panel.

    Speaking about the importance of such fuel, Igor Sechin cited the example of China, where an important part of the strategy to reduce dependence on energy imports is the processing of coal into synthetic fuels and chemical products. “Chinese companies are investing billions of dollars in the development of this industry. According to experts, today in China 40 million tons of coal is used to produce synthetic fuels and more than 260 mln tons for ammonia and methanol production,” Igor Sechin emphasized.

    * GTL or Gas-to-Liquid is a technology for converting natural gas into high quality liquid hydrocarbons such as diesel fuel, gasoline, and others.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    Please note; this information is the raw content received directly from the information source. This is exactly what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: Rosneft Oil Company Holds Annual General Meeting of Shareholders

    Source: Rosneft – An important disclaimer is at the bottom of this article.

    Rosneft held its Annual General Meeting of Shareholders, where it has been decided to approve the payment of dividends for 2023 in the amount of 29.01 roubles per share. 

    July 9, 2024 was set as the dividend record date. The dividends will be paid to nominee shareholders and trustees not later than July 23, 2024, and to other shareholders registered in the shareholder register not later than August 13, 2024.

    The shareholders have elected a new Board of Directors consisting of 11 members:

    • Andrey I. Akimov – Chairman of the Management Board, Gazprombank (Joint-Stock Company);
    • Pedro A. Aquino, Jr. – CEO of OIL & PETROLEUM HOLDINGS INTERNATIONAL RESOURCES LIMITED, Independent Director (the Republic of the Philippines);
    • Faisal Alsuwaidi – Representative of Qatar Investments Authority (the State of Qatar);
    • Hamad Rashid Al-Mohannadi – Representative of Qatar Investments Authority (the State of Qatar);
    • Mohammed Bin Saleh Al-Sada – Chairman of the Board of Trustees of Doha University  for Science and Technology, member of the Board of Directors of Nesma Infrastructure & Technology, member of the Advisory Committee of the GCC Supreme Council, Independent Director (the State of Qatar);
    • Viktor G. Martynov – Rector of Gubkin Russian State University of Oil and Gas (National Research University), Independent Director;
    • Alexander D. Nekipelov –  Director of the Moscow School of Economics at the Lomonosov Moscow State University, Independent Director;
    • Alexander V. Novak – Deputy Prime Minister of the Russian Federation;
    • Maxim S. Oreshkin – Deputy Head of the RF President Administration;
    • Govind Kottieth Satish – Managing Director of VALUE PROLIFIC CONSULTING SERVICES PRIVATE LIMITED, Independent Director (India);
    • Igor I. Sechin – Chief Executive Officer, Chairman of the Management Board of Rosneft Oil Company;

    The Meeting of Shareholders has also approved the Annual Report and Financial Statements, and decided to elect an Audit Commission consisting of five members.

    Information and Advertising Department
    Rosneft
    June 28, 2024

    These materials contain statements regarding future events and expectations that constitute forward-looking statements. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.

    Keywords: Corporate Governance 2024

    Please note; this information is the raw content received directly from the information source. This is exactly what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: ROSNEFT OIL COMPANY H1 2024 IFRS RESULTS

    Source: Rosneft – An important disclaimer is at the bottom of this article.

    • H1 2024 HYDROCARBON PRODUCTION AMOUNTED TO 131.3 MLN TOE
    • H1 2024 LIQUID HYDROCARBON PRODUCTION EQUALED 92.8 MLN TONS
    • H1 2024 GAS PRODUCTION TOTALLED 46.8 BCM
    • H1 2024 EBITDA AMOUNTED TO RUB 1,650 BLN
    • H1 2024 NET INCOME ATTRIBUTABLE TO ROSNEFT SHAREHOLDERS AMOUNTED TO RUB 773 BLN
    • H1 2024 FREE CASH FLOW AMOUNTED TO RUB 700 BLN
    • NET DEBT/EBITDA AT THE END OF H1 2024 WAS LESS THAN 1X
    • H1 2024 UNIT LIFTING COSTS AMOUNTED TO $2.7/BOE

    Rosneft Oil Company (hereinafter – Rosneft, the Company) announces its results for H1 2024, prepared in accordance with the International Financial Reporting Standards (IFRS).

      H1
    2024    		 H1
    2023    		 % change
      RUB bln (except for %)
    Revenues from sales and equity share in profits of affiliates and joint ventures 5,174 3,880* 33.4%
    EBITDA 1,650 1,401 17.8%
    Net income, attributable to Rosneft shareholders 773 609** 26.9%
    CAPEX 696 599 16.2%
    Adjusted free cash flow 700 434 61.3%

    * Adjusted for royalty effect in the Sakhalin-1 project.
    ** Revised due to completion of the 2022–2023 acquisition price allocation in 2023.

    Operating performance

    Exploration and production

    H1 2024 liquid hydrocarbons production amounted to 92.8 mln tons (3,796 th. bpd). The indicator performance is primarily driven by the production cap in compliance with the decisions of the Russian Government.

    H1 2024 gas production amounted to 46.8 bcm (1,566 th. boepd). Greenfield projects in the Yamal-Nenets Autonomous District commissioned in 2022 account for over a third of the Company’s gas production.

    As a result, the Company’s H1 2024 hydrocarbon production amounted to 131.3 mln toe (5,362 th. boepd).

    H1 2024 production drilling footage exceeded 5.9 mln meters. Rosneft commissioned over 1.4 th. new wells, 71% of which were horizontal.

    In H1 2024, Rosneft conducted 1.2 th. sq. km of 2D seismics and 4.7 th. sq. km of 3D seismics onshore Russia. The Company completed testing of 15 exploratory wells with a success rate of 87%.

    Vostok Oil Project

    As part of the flagship Vostok Oil project, in H1 2024 the Company completed 0.7 th. linear km of 2D seismics and 0.6 th. sq. km of 3D seismics. Rosneft carried out successful testing of one well, completed drilling of two wells with two more wells being tested.

    Pilot development of the Payakha, the Ichemminskoye and the Baikalovskoye fields is in progress: production drilling footage amounted to 42 th. meters, six production wells were completed in H1 2024.

    Work is underway at the ‘Vankor – Payakha – Sever Bay’ trunk oil pipeline. As of the end of H1 2024, over 65 th. piles had been mounted; over 280 km of pipeline had been welded, including 78 km long two-piped section. The Company completed the main pipeline crossing across the Yenisei River is finalizing the trench backfilling, and has started bottom dredging for laying a backup pipeline.

    The Company has completed most of activities on two cargo berths and one berth for the port fleet at the Sever Bay Port terminal, continues construction of an oil loading berth, and is working on construction of a crude oil delivery and acceptance point. Construction of logistics infrastructure, building of hydraulic structures, shore reinforcement, expansion of coastal and berthing infrastructure is underway.

    The Company completed winter-spring cargo delivery, and over 830 th. tons of property and equipment were delivered to the project’s production facilities via the Northern sea route and winter roads. Compared to the previous period, the volume of transported cargo increased by 32%.

    Refining

    H1 2024 refining volume in Russia amounted to 40.9 mln tons.

    The Company has been consistently developing domestic technologies and import substitution. In particular, Rosneft provides Company refineries with proprietary catalysts, which are essential for production of high-quality motor fuel. In H1 2024, Rosneft produced 1,130 tons of catalysts for hydrotreatment of diesel fuel and gasoline fractions, as well as protective layer catalysts. Rosneft subsidiaries also produced over 100 tons of gasoline reforming catalysts and 185 tons of catalysts for hydrogen production, petrochemicals and adsorbents. 630 tons of coked catalysts for hydrotreatment of diesel fuel were regenerated.

    Sustainable supply of high-quality motor fuel to Russian consumers is one of Rosneft’s key priorities. In H1 2024, the Company sold 21.6 mln tons of petroleum products on the domestic market, including 6.4 mln tons of gasoline and 8.8 mln tons of diesel fuel.

    The Company is an active participant of trading activities at the St. Petersburg International Mercantile Exchange (SPIMEX). In H1 2024, Rosneft sold 5.0 mln tons of gasoline and diesel fuel on the exchange, which is twice the required volume. The Company’s share in the total volume of exchange sales of gasoline and diesel fuel amounted to 38%.

    Financial performance

    Operating performance and the current macroeconomic environment combined with management decisions determined the trend of the Company’s key financial indicators.

    In H1 2024, the Company’s revenue1 amounted to RUB 5,174 bln, representing an increase of 33.4% year-on-year. EBITDA reached RUB 1,650 bln, which is 17.8% higher year-on-year. EBITDA margin amounted to 32%. At the end of H1 2024, the Net Debt/EBITDA ratio was 0.96x.

    H1 2024 unit lifting costs amounted to USD 2.7/boe.

    H1 2024 net income attributable to Rosneft shareholders increased to RUB 773 bln, a growth of 26.9%, which was mainly driven by the EBITDA growth.

    H1 2024 capital expenditure amounted to RUB 696 bln, which was 16.2% higher year-on-year and was due to the scheduled implementation of activities in the Upstream segment. At the same time, Rosneft’s free cash flow2 in the reporting period reached RUB 700 bln, which is 61.3% higher than in H1 2023.

    The Company is taking measures to reduce its ruble-denominated debt burden against the backdrop of high interest rates.

    In addition to the increase in interest rates, the outstripping growth of tariffs of natural monopolies negatively affects the Company’s performance. In particular, since 2020 increase in tariffs for cargo transportation by rail has exceeded the inflation rate by 17%.

    ESG

    In the reporting period, the Company continued to implement measures to achieve sustainable development goals under the ‘Rosneft-2030: Reliable Energy and Global Energy Transition’ strategy.

    Rosneft applies advanced technologies and state-of-the-art production methods to create a safe working environment and minimize the risk of occupational injuries and occupational illness. In H1 2024, while the overall LTIF (Lost Time Injury Frequency Rate) remained unchanged, the Lost Work Injury Frequency Rate (LWIS) dropped by 34%.

    In H1 2024, there were no gas, oil and water shows (release of oil, gas or water to the surface) during drilling operations at Company facilities. As part of efforts to minimize oil and petroleum product spills, measures were taken to replace field pipelines.

    In H1 2024, the Company processed more than 30 th. tons of legacy oily waste under the program on liquidation of environmental legacy.

    Active implementation of circular economy principles is one of the Company’s strategic development areas. In April 2024, Rosneft headed the waste management rating of RAEX, Russia’s largest non-credit rating agency, of 160 Russian companies. The Company’s leadership was acknowledged on the basis of the quality of corporate waste management policies and programs, gross and unit indicators of waste generation, as well as the share of waste reuse.

    Igor Sechin, Chairman of the Management Board and Chief Executive Officer of Rosneft, said:

    “Despite external pressure and challenges including production restrictions under the OPEC+ agreement, outstripping growth of tariffs of natural monopolies, increasing tax burden and interest rates, the Company continues to achieve strong financial results thanks to its high level of operational efficiency.

    In the first half of 2024, Rosneft’s key financial indicators – revenue, EBITDA, net income, cash flow – demonstrated stability. Unit lifting costs remained at a low level of USD 2.7/boe. As the country’s largest taxpayer, Rosneft paid RUB 2.8 trln in taxes in the first half of 2024.

    The ongoing growth of the tax burden has a negative impact on the oil industry. Its high level is confirmed by the calculations based on the data of Russia’s Federal Tax Service and Ministry of Finance – for 2019-2023, the tax burden in the oil industry amounted to 75%. By comparison, the burden in other industries for the same period is much lower: in the banking sector – 27%, in mining and metallurgy – 35%, in mining of diamonds and precious metals – 31%, in the gas industry – 62%.

    Such a level of tax burden undermines the very economic model of the industry and violates the rights of investors, including individual shareholders, of which Rosneft has over 1.3 mln people.

    In August 2024, for the benefit of shareholders and in full compliance with the dividend policy, the Company completed payment of final dividends approved by the Annual general shareholder meeting totaling over RUB 307 bln (29.01 per share).The total amount of dividends for 2023 is RUB 59.78 rubles per share or RUB 634 bln, which is a record high in the Company’s history”.

    1 Includes revenues from sales and equity share in profits of affiliates and joint ventures.
    2 Adjustment for prepayments under long-term oil supply contracts, including accrued interest payments thereon, net change in operations of subsidiary banks, and operations with trading securities.

    Department of Information and Advertising
    Rosneft Oil Company
    August 29, 2024

    These materials contain statements regarding future events and expectations that are forward-looking estimates. Any statement in these materials that is not historical information is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from the expected results, performance or achievements expressed or implied by these forward-looking statements. We assume no obligation to adjust the data contained herein to reflect actual results, changes in underlying assumptions or factors affecting the forward-looking statements.

    Please note; this information is the raw content received directly from the information source. This is exactly what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: Rosneft and RusHydro will continue to develop charging infrastructure for electric vehicles at gas stations

    Source: Rosneft – An important disclaimer is at the bottom of this article.

    As part of the 9th Eastern Economic Forum, Rosneft and RusHydro signed a Letter of Intent on cooperation for the development of charging infrastructure for electric vehicles.

    The agreement proposes installation of charging stations for electric vehicles at Rosneft’s gas stations in Russian regions, as well as cooperation for construction of gas stations and charging complexes as part of multifunctional road service zones on toll roads. All electric modules will comply with the current standards and will support the fast charging function.

    Rosneft’s retail network currently operates 80 electric charging stations at its gas stations in 12 regions of Russia stretching from St. Petersburg to the Zabaikalsky Territory. Most of the stations support the fast charging function – they can charge the battery of an electric vehicle up to 80% in just 20 minutes.

    The agreement with RusHydro was signed as a follow-up to the commitments that the parties made in 2021.

    The brand of Rosneft filling stations is one of the leaders in terms of recognition and quality of the fuel nationwide. The geography of Rosneft’s retail business covers 61 regions of Russia. The network of the Company’s filling stations includes almost 3,000 sites.

    Expanding the range of customer services is one of the key areas of Rosneft’s retail business. Infrastructure development will allow drivers to charge electric vehicles at the widespread network of Rosneft gas stations across Russia. The Company will continue to expand the geography of charging stations in line with demand forecasts and the development of the electric vehicles market.

    Department of Information and Advertising
    Rosneft Oil Company
    September 4, 2024

    These materials contain statements regarding future events and expectations that are forward-looking estimates. Any statement in these materials that is not historical information is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from the expected results, performance or achievements expressed or implied by these forward-looking statements. We assume no obligation to adjust the data contained herein to reflect actual results, changes in underlying assumptions or factors affecting the forward-looking statements.

    Keywords: Social News 2024

    Please note; this information is the raw content received directly from the information source. This is exactly what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: Rosneft and the Khabarovsk Territory develop cooperation

    Source: Rosneft – An important disclaimer is at the bottom of this article.

    Rosneft and the Government of the Khabarovsk Territory signed a long-term Cooperation Agreement within the 9th Eastern Economic Forum.

    The document was signed by Igor Sechin, Rosneft CEO, and Dmitry Demeshin, Acting Governor of the Khabarovsk Territory.

    The agreement provides for cooperation between the parties in the implementation of industrial, financial and social programs to improve living standards in the Khabarovsk Territory.

    Under the Agreement, Rosneft will support the development of the region’s industrial and scientific potential. In particular, the Company plans to expand cooperation with local enterprises. The Agreement implementation will contribute to the improvement of investment attractiveness as well as innovation and educational activities efficiency in the Khabarovsk Territory.

    Under the document, Rosneft and the Territory Government plan to develop and implement environmental protection and educational projects together.

    In particular, the parties agreed to develop training and advanced training system for the Khabarovsk Territory workers and engineers.

    For reference:

    Rosneft plays a key role in petroleum product supply in the Khabarovsk Territory and the entire Far East. Komsomolsk Refinery is the largest refinery in the Khabarovsk Territory with more than 20 items in the product range: grade 5 high-octane gasoline and diesel, low-sulfur marine fuel RMLS 40, etc. The refinery supplies petroleum products to the Khabarovsk Territory as well as to the Primorsky Territory, the Amur, the Sakhalin, the Magadan, the Kamchatka regions and the Jewish Autonomous Region.

    Department of Information and Advertising
    Rosneft Oil Company
    September 4, 2024

    These materials contain statements regarding future events and expectations that are forward-looking estimates. Any statement in these materials that is not historical information is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from the expected results, performance or achievements expressed or implied by these forward-looking statements. We assume no obligation to adjust the data contained herein to reflect actual results, changes in underlying assumptions or factors affecting the forward-looking statements.

    Keywords: Social News 2024

    Please note; this information is the raw content received directly from the information source. This is exactly what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: Rosneft and the Republic of Sakha (Yakutia) develop cooperation in the social sphere

    Source: Rosneft – An important disclaimer is at the bottom of this article.

    Rosneft and the Republic of Sakha (Yakutia) signed an Agreement on financing the construction of a cultural center in the Republic of Sakha (Yakutia).

    The documents were inked by Igor Sechin, Chief Executive Officer of Rosneft, and Aysen Nikolaev, Head of the Republic of Sakha.

    In accordance with the arrangements reached, a Multifunctional Cultural Center will be built in the village of Tas-Yuryakh, Mirny District, using the Company’s funds. The complex will include a village culture center, a library, a post office, an assembly hall and a gym.

    In 2023, Taas-Yuryakh Neftegazodobycha (part of Rosneft), supported the establishment of a Growth Point center for industry-specific and digital education at the school of Tas-Yuryakh village – the rooms for robotics, 3D modeling, and the school press center were renovated. The school was provided with a TV studio, a language laboratory, and a local history museum that features an exhibition and educational exposition.

    Rosneft pays great attention to supporting educational, social, cultural and enlightenment projects in the Republic. According to the Cooperation Agreement signed between the Company and the Government of the region in 2015, major joint projects are being implemented.

    In 2022, in the year of the 100th anniversary of the Republic of Sakha, Rosneft opened the Small Academy of Sciences in the village of Chapaevo, Khangalassky District, which has become a kind of hub of research and project activities for schoolchildren throughout the Far Eastern region. Children from both big cities and remote areas of the Republic study in the new 7,000 m2 building. The facility functions according to the model of the Sirius Educational Center.

    In addition, the Company allocated funds in 2023 to establish a Full Cycle Oil and Gas Process Factory training center on the basis of the Regional Technical College in the town of Mirny. The Center is scheduled to be opened this year.

    Reference:

    Rosneft is represented in Yakutia by Taas-Yuryakh Neftegazodobycha, which is developing the Srednebotuobinskoye oil and gas condensate field. The entity is one of the three largest Rosneft assets in the East Siberian oil cluster. Production exceeds 5 million tons of oil per year. The entity carries out large-scale geological exploration in the Republic of Sakha.

    Department of Information and Advertising
    Rosneft Oil Company
    September 4, 2024

    These materials contain statements regarding future events and expectations that are forward-looking estimates. Any statement in these materials that is not historical information is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from the expected results, performance or achievements expressed or implied by these forward-looking statements. We assume no obligation to adjust the data contained herein to reflect actual results, changes in underlying assumptions or factors affecting the forward-looking statements.

    Keywords: Social News 2024

    Please note; this information is the raw content received directly from the information source. This is exactly what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: Digital Revolution Opens New Era in Oil And Gas Industry Development – Sechin

    Source: Rosneft – An important disclaimer is at the bottom of this article.

    The digital revolution is opening a new era in the development of the oil and gas industry, Rosneft CEO Igor Sechin said at the Energy Panel at the XXVIII St. Petersburg International Economic Forum.

    “The digital revolution is opening a new era in the development of the oil and gas industry, including the impact on oil exploration, production, refining, data storage and cybersecurity of the industry,” Sechin said during his keynote speech.

    Sechin cited expert estimates that the market for artificial intelligence technologies in the oil and gas industry will grow by 83% by 2030. At the moment, 49% of this market is in the refining segment. It is expected that the introduction of artificial intelligence in the upstream segment will grow by 14% per year over the next five years, said the CEO of Rosneft.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    Please note; this information is the raw content received directly from the information source. This is exactly what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: Global Energy Consumption to Grow By Quarter By 2050 at Expense of Developing Countries – CEO of Rosneft

    Source: Rosneft – An important disclaimer is at the bottom of this article.

    Global energy consumption will grow by a quarter in the next 25 years, and the key driver of demand growth will be developing countries, said Igor Sechin, Chief Executive Officer of Rosneft, at the Energy Panel at the XXVIII St. Petersburg International Economic Forum.

    “By 2050, with energy consumption in Africa, India, and Southeast Asia at the level of China’s population today, the combined additional consumption will amount to about 50 million barrels of oil equivalent per day. This represents a quarter of the current global energy demand,” the CEO said during his keynote address.

    He noted that developing countries are becoming one of the key drivers of energy consumption growth. One of the main reasons for this is demography. In the next 25 years, the population of African and Asia-Pacific countries will grow by a total of 1.4 billion people, which will provide almost the entire world population growth.

    In addition to positive demographic dynamics, the CEO of Rosneft named urbanization in Asia and Africa as one of the reasons for the growth in energy demand. According to the IEA’s estimate, which was cited by Rosneft’s CEO, in the next 25 years the number of city dwellers in these countries will increase by more than 1.6 billion people.

    Igor Sechin called the growth of electricity consumption a key challenge. Thus, in his opinion, already in 2025, investments in this sector will exceed investments in fossil fuels by 50%. “Indeed, over the past 15 years, electricity consumption has grown at a faster pace, and according to IEA projections, electricity generation is set to nearly double over the next 25 years,” he added.

    Asia-Pacific countries will also make the largest contribution to this growth, accounting for 60% of the increase in consumption.

    “This trend is particularly evident in India, where peak demand on the power system has risen by nearly 70% over the past decade,” Sechin concluded.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    Please note; this information is the raw content received directly from the information source. This is exactly what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: Sechin Calls Synthesis of Conventional and Alternative Sources New Landscape of Energy Sector

    Source: Rosneft – An important disclaimer is at the bottom of this article.

    Synthesis of conventional and alternative energy sources is currently the optimal solution for the development of the global energy sector, said Igor Sechin, Chief Executive Officer of Rosneft, at the Energy Panel at the XXVIII St. Petersburg International Economic Forum.

    According to the CEO, the search for new energy sources never stops, and today a number of promising technologies are being actively developed. However, their full-fledged implementation is still far away, as modern technological solutions in this area are too expensive and inferior to traditional energy sources in a number of parameters.

    “For many years, great hopes have been placed on the use of hydrogen. However, low-carbon hydrogen still accounts for less than 1% of all production volumes. According to the Deloitte consulting company, the introduction of “green” hydrogen fuel will cost almost 10 trillion dollars by 2050,” Igor Sechin noted, adding that the cost of green hydrogen varies from 200 to 400 dollars per barrel of oil equivalent, which, under current conditions, makes it uncompetitive with oil and gas.

    He also emphasized that the use of cheaper methods of hydrogen production does not allow to reduce the carbon footprint, as the production of so-called “gray” hydrogen exceeds the emissions arising from the full cycle of production and use of gasoline.

    The introduction of space solar energy is also costly, Igor Sechin emphasized. The CEO noted that the cost of a satellite capable of converting solar energy into electricity in space exceeds 30 billion euros, and there is still no technology that would allow to transmit huge amounts of energy to Earth from space.

    Rosneft’s CEO also drew attention to the search for alternatives in energy storage. “Alternative types of batteries are emerging that already offer certain advantages but are not yet ready for widespread adoption. For example, sodium-ion batteries reduce charging time by 75% and perform better in low-temperature conditions, but they lag significantly behind existing lithium-ion counterparts in terms of energy density and lifespan,” Igor Sechin said.

    “As we can see, full-scale implementation of all these technologies is still a long way off. Therefore, today the optimal solution is a synthesis of conventional and alternative energy sources,” summarized the CEO of Rosneft.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    Please note; this information is the raw content received directly from the information source. This is exactly what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: Igor Sechin Talks About Renaissance of Nuclear Power Sector

    Source: Rosneft – An important disclaimer is at the bottom of this article.

    The importance of nuclear power, which is a natural complement to fossil fuels, is growing, said Igor Sechin, Chief Executive Officer of Rosneft, at the Energy Panel at the XXVIII St. Petersburg International Economic Forum.

    “However, against the backdrop of growing consumption, all types of generation, including nuclear, are experiencing a rebirth. This is clearly illustrated by the price of uranium fuel, which has more than tripled over the past seven years,” Igor Sechin noted.

    He recalled that back in the 1930s the idea of thermonuclear fusion was formulated, and many famous scientists, including Nobel laureates Hans Bethe, Peter Kapitsa, Igor Tamm and later Andrei Sakharov, sought to reproduce and control this process. In theory, fusion can generate almost four million times more energy than burning oil or coal, Igor Sechin said. However, in order to sustain a fusion reaction and sustainably generate energy, it is still necessary to improve methods of plasma confinement, ensure its stability, and increase efficiency.

    The CEO of Rosneft noted that a few years ago the nuclear power industry was in a deep crisis due to the decline in activity in the industry and such large companies as Westinghouse and Areva had to go through restructuring and ownership changes. However, the situation then began to change. “Over the past five years, global annual investments in nuclear energy have increased by 50%, reaching 70 billion dollars last year. China has become one of the leaders in nuclear power today. Over the past ten years, the installed capacity of nuclear generation in this country has increased fivefold and approached 60 GW. China plans to complete the construction of 32 more reactors in the coming years,” he said.

    At the same time, Sechin said it is important that China relies on the latest technological achievements of the leading nuclear powers – Russia, the United States and France – to develop its nuclear industry.

    He noted that Russia has many years of experience in building nuclear power plants. The cost of the most modern Russian VVER-1200 reactor is much lower than the American AP-1000. Today such reactors are already operating in Russia and are planned to be commissioned in friendly countries.

    At the same time, Sechin noted, the resource base is of particular importance. Today, just seven countries, including the Russian Federation, control more than 90% of the world’s uranium fuel production and about 70% of the world’s uranium reserves.

    “Today, Russia is the only country in the world that has expertise in the entire technological chain of the nuclear fuel cycle, from uranium mining to nuclear fuel disposal. In total, 80 nuclear reactors have been built in the world using Russian technologies,” he said

    Russia has also commissioned the world’s only floating nuclear power plant of small capacity. Currently, four more nuclear power plants are under construction.

    Also, a sodium-cooled nuclear reactor belonging to the category of fast neutron reactors, the BN-800, has been successfully operating in our country for ten years, another latest-generation fast neutron reactor, the BN-1200, is under construction.

    “Reactors of this type take into account the most advanced technical solutions, including the enlargement of fuel elements, the use of uranium-plutonium mixed fuel, as well as well as new structural steels with increased radiation resistance, which provide deeper fuel burnup and higher efficiency.  In particular, the efficiency of electricity generation increases by 20-25%, even without taking into account the significantly higher efficiency of fuel use,” said the CEO of Rosneft

    Investments in the nuclear sector are expected to continue growing According to the IEA forecast, by 2050 the global installed nuclear generation capacity will grow by nearly 60% to reach 650 GW. “I believe this estimate is understated. Just a few weeks ago, the US President set a goal to quadruple the country’s nuclear generation capacity to 400 GW,” Sechin noted.

    The CEO of Rosneft expects further growth of investments in the nuclear sector: new technologies, such as small modular reactors, are now attracting increased attention of investors. While such reactors are more mobile, their implementation also requires investments in the development of power grids. In addition, special attention should be paid to their safety and security against terrorist threats.

    “Rolls-Royce recently won a tender for the construction of such reactors in the UK. Experts note that these reactors have a number of features. One of them is described in Ecclesiastes: “What is crooked cannot be straightened; what is lacking cannot be counted.” None of these reactors have been put into operation yet,” Sechin explained.

    The proposed smaller reactors will require no less effort and cost, including those related to fuel utilization and safety, than existing larger reactors.

    “Finally, nuclear energy is, in any case, a dual-use technology. The issue of non-proliferation of nuclear weapons must be given the utmost attention, as it is precisely because of this that the Middle East conflict is currently intensifying. It is crucial to consider whether we want further expansion of the nuclear club,” Igor Sechin concluded.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    Please note; this information is the raw content received directly from the information source. This is exactly what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: Rosneft and Voronezh Oblast to Promote Automobile Tourism

    Source: Rosneft – An important disclaimer is at the bottom of this article.

    At the XXVII St. Petersburg International Economic Forum, Rosneft and the Ministry of Entrepreneurship, Trade and Tourism of the Voronezh Oblast signed a Memorandum of Cooperation to promote domestic tourism.

    According to the document, the parties plan to implement measures aimed at meeting the demand for domestic automobile tourism, promoting the tourist potential of the region, and improving the comfort of automobile tourists through development of motorway service and Rosneft retail network infrastructure.

    Earlier, Rosneft and the Voronezh Tourist Information Center (TIC) presented a joint project to develop automobile tourism including a tourist route through the motorway service facilities available at Rosneft filling stations. The project covers four routes for automobile travel in Voronezh and across the Voronezh Oblast in the following directions: North, South, West, and East. The routes include popular tourist destinations located both in Voronezh and nearby federal highways such as M-4 Don.

    Rosneft retail network in the Voronezh Oblast consists of 80 filling stations. Of these, 15 are located on the M4 highway to Voronezh, the main regional transportation artery used by residents of Central Russia to travel to the seaside.

    Development of the motorway service facilities and improvement of the customer services provided at Rosneft filling stations is one of the Company priorities.
    This contributes to the development of domestic automobile tourism, as the Company retail network is not only the largest in Russia in terms of geographical coverage and number of filling stations (around 3,000 stations), but also one of the leaders in terms of fuel recognition and quality.

    Rosneft undertakes a number of actions aimed at creating comfortable conditions for automobile travelers. In addition to the Voronezh Oblast, the Company has so far presented joint tourist routes running through the Rosneft filling stations in the Republic of Karelia, as well as the Tula, Arkhangelsk, and Ulyanovsk Regions, as well as key routes between Moscow and Krasnaya Polyana, and between the two capitals.
    On top of that, the Company has previously signed memoranda of cooperation to promote domestic tourism with the Moscow City Tourism Committee, the Government of the Samara Oblast, the Ministry of culture of the Arkhangelsk Oblast, the Altai Territory Department for Tourism and Resort Development, Tourism Agencies of the Ulyanovsk Oblast and the Republic of Udmurtia, and the Republic of Bashkortostan.

    Reference:

    Rosneft retail network is the largest in the Russian Federation in terms of geographical coverage and number of stations, and the Rosneft brand of petrol stations is one of the leading brands in Russia in terms of fuel recognition and quality. The Company operates approximately 3,000 filling stations in Russia, Belarus, Kyrgyzstan and Abkhazia.

    In addition to high-quality fuel, the Company offers its customers a wide range of goods and services, from stores and cafes to roadside service. For example, customers can stay for the night and get some rest from the long road in roadside hotels and multifunctional complexes of the Company in a number of regions.

    The Company is also developing a new customer service at filling stations – food trucks (mobile retail outlets). The Café on Wheels service is available at filling stations in Moscow, St. Petersburg and other regions where the retail network operates.

    Rosneft
    Information and Advertising Department
    June 7, 2024

    These materials contain forward-looking statements regarding future events and expectations. All statements contained in these materials that do not relate to matters of historical fact constitute forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any expected results, performance or achievements expressed or implied by such forward-looking statements. We assume no obligation to update the data contained herein to reflect actual performance or results, changes in underlying assumptions or factors affecting the forward-looking statements.

    Keywords: Social News 2024

    Please note; this information is the raw content received directly from the information source. This is exactly what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: Rosneft and ITMO University Sign a Technological Cooperation Agreement

    Source: Rosneft – An important disclaimer is at the bottom of this article.

    During the XXVII St. Petersburg International Economic Forum, Rosneft and the St. Petersburg National Research University of Information Technologies, Mechanics and Optics (ITMO University) signed an agreement on joint development of knowledge-intensive digital projects.

    The document envisages the development of competitive technologies, and joint research studies in the field of infochemistry, digital modeling, chemical informatics*, electrochemistry and robotics for the needs of the oil and gas industry.

    The Agreement also provides for involvement of students, postgraduate students, doctoral candidates and the academic staff of ITMO University into Rosneft’s scientific research.

    The development of technological potential is one of the key elements of Rosneft’s 2030 Strategy. The Company prioritizes innovation activities defining technological leadership as a key factor of competitiveness in the oil market.

    Reference:

    Rosneft is a leader in development and implementation of innovative technologies for sustainable development of the oil and gas industry, and is the only Russian oil and gas company that has a line of in-house import-substituting software products.

    ITMO University is a recognized educational leader in the area of artificial intelligence and information technologies in Russia.

    *- application of IT methods to solve chemical problems

    Rosneft
    Information and Advertising Department
    June 7, 2024

    These materials contain forward-looking statements regarding future events and expectations. All statements contained in these materials that do not relate to matters of historical fact constitute forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any expected results, performance or achievements expressed or implied by such forward-looking statements. We assume no obligation to update the data contained herein to reflect actual performance or results, changes in underlying assumptions or factors affecting the forward-looking statements.

    Keywords: Social News 2024

    Please note; this information is the raw content received directly from the information source. This is exactly what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: Rosneft and CUPET Expand Cooperation in the Area of Education

    Source: Rosneft – An important disclaimer is at the bottom of this article.

    Rosneft and CUPET, the state-owned oil company based in the Republic of Cuba, signed an Education and Manpower Training Cooperation Agreement at the XXVII St. Petersburg International Economic Forum.

    Since 2013, Rosneft and CUPET have been enjoying successful cooperation, providing education to citizens of the Republic of Cuba at Russian universities.

    The Agreement provides for enhanced cooperation, granting access for CUPET employees to the oil and gas university programs and advanced training courses at the higher educational institutions of the Russian Federation. In addition, internship programs at Rosneft Group Subsidiaries will be arranged for CUPET employees.

    The signed document will contribute to successful cooperation between Rosneft and CUPET in educational projects.

    Reference:

    Since 2014, 39 students from Cuba have completed oil and gas master’s degree programs, and 20 students are expected to graduate in June 2024.

    In 2023, 53 CUPET employees took part in the advanced training programs in Cuba with Russian university professors and underwent internships at Rosneft Group Subsidiaries in Russia.

    Information & Advertising Department
    Rosneft
     June 7, 2024

    These materials contain forward-looking statements regarding future events and expectations. All statements contained in these materials that do not relate to matters of historical fact constitute forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any expected results, performance or achievements expressed or implied by such forward-looking statements. We assume no obligation to update the data contained herein to reflect actual performance or results, changes in underlying assumptions or factors affecting the forward-looking statements.

    Keywords: Social News 2024

    Please note; this information is the raw content received directly from the information source. This is exactly what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: Rosneft and 1C Promote IT Cooperation

    Source: Rosneft – An important disclaimer is at the bottom of this article.

    Rosneft and 1C signed a Strategic Cooperation Agreement in the IT area at the XXVII St. Petersburg International Economic Forum (SPIEF).

    The document defines the main areas of cooperation in development, implementation and promotion of software solutions based on the 1C:Enterprise 8 platform. These include business applications, as well as operational, metrological, and managerial products.

    Over the years, Rosneft has been continuously developing and scaling up 1C-based information systems. In particular, the company has automated the processes for retail sales of petroleum products, HR management, health and safety, financial and business activities.

    The signed Agreement will serve as an additional driver for enhanced partnership relations between Rosneft and 1C, and facilitate development of the efficient and effective process solutions to support digitalization of all segments of the Company operations.

    Information & Advertising Department
    Rosneft
     June 7, 2024

    These materials contain forward-looking statements regarding future events and expectations. All statements contained in these materials that do not relate to matters of historical fact constitute forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any expected results, performance or achievements expressed or implied by such forward-looking statements. We assume no obligation to update the data contained herein to reflect actual performance or results, changes in underlying assumptions or factors affecting the forward-looking statements.

    Please note; this information is the raw content received directly from the information source. This is exactly what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: Rosneft and Krasnoyarsk Territory to Develop Cooperation in the sphere of Domestic Tourism

    Source: Rosneft – An important disclaimer is at the bottom of this article.

    At the XXVII St. Petersburg International Economic Forum, Rosneft and the Tourism Agency of the Krasnoyarsk Territory signed a Memorandum of Cooperation to promote domestic tourism.

    The document provides for cooperation to boost the demand for domestic automobile tourism, promote the tourist potential of the region, including improvement of motorway service and Rosneft retail network infrastructure.

    The parties plan to undertake a number of actions aimed at improving the comfort of automobile travelers, including motorway service at the Rosneft filling stations.

    Development of the motorway service facilities and improvement of the customer services provided at Rosneft filling stations is one of the Company’s priorities. The Company retail network is not only the largest in Russia in terms of geographical coverage and number of filling stations (around 3,000 stations), but also one of the leaders in terms of fuel brand recognition and quality.

    Rosneft undertakes a number of measures aimed at creating comfortable conditions for automobile travelers. Earlier, the Company, together with a number of regional authorities, has presented joint tourist routes running through the Rosneft filling stations in the Republic of Karelia, as well as the Tula, Arkhangelsk, and Ulyanovsk Regions, and the key routes between Moscow and Krasnaya Polyana, and between the two capitals.

    In addition, the Company has previously signed memoranda of cooperation to promote domestic tourism with the Moscow City Tourism Committee, the government of the Samara Region, the Ministry of culture of the Arkhangelsk Oblast, the Altai Territory Department for Tourism and Resort Development, Tourism Agencies of the Ulyanovsk Region and the Republic of Udmurtia, and the Republic of Bashkortostan.

    In 2023, Rosneft launched a special information and service platform “Russian Horizons: Come With Us!”. The special project allows car tourists to choose and plan routes to places of interest using the infrastructure of Rosneft’s network of motorway services and filling stations. The project “Horizons of Russia” has a number of key distinctions thanks to the unique navigation functionality, all interesting locations become stops on the route that a driver may can independently combine and modify at any time during the journey.

    The Krasnoyarsk Territory is a strategic region of Rosneft operations. The region is home to the major Group Subsidiaries, including RN-Vankor, Vostsibneftegaz, Slavneft-Krasnoyarskneftegaz, Achinsk Refinery, service, marketing and logistics companies, and filling stations.

    Vostok Oil, the flagship oil production project, is being delivered in the north of the region. Low unit production costs and low carbon footprint (only a quarter of the global average for new projects) make Vostok Oil one of the most promising and environmentally friendly oil production projects in the world. Industry experts estimate that the project will increase the annual Russian GDP by 2%.

    Rosneft is also implementing a large-scale program in the Krasnoyarsk Territory to support educational institutions that provide comprehensive training courses to skilled workers and engineers for the Vostok Oil Project. Over 400,000 specialists will be engaged at the construction stage alone, and over 130,000 workers will be employed on a long-term basis at the Vostok Oil operational stage. A total of 10,000 people are already working at the project facilities.

    Reference:

    Rosneft’s retail network is the largest in the Russian Federation in terms of geographical coverage and number of stations, and the Rosneft brand of petrol stations is one of the leading brands in Russia in terms of recognition and fuel quality. The Company operates approximately 3,000 filling stations in Russia, Belarus, Kyrgyzstan and Abkhazia.

    In addition to high-quality fuel, the Company offers its customers a wide range of goods and services, from stores and cafes to roadside service. For example, customers can stay for the night and get some rest from the long road in roadside hotels and multifunctional complexes of the Company in a number of regions.

    The Company is also developing a new customer service at filling stations – food trucks (mobile retail outlets). The Café on Wheels service is available at filling stations in Moscow, St. Petersburg and other regions where the retail network operates.

    Information & Advertising Department
    Rosneft
    June 10, 2024

    These materials contain forward-looking statements regarding future events and expectations. All statements contained in these materials that do not relate to matters of historical fact constitute forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any expected results, performance or achievements expressed or implied by such forward-looking statements. We assume no obligation to update the data contained herein to reflect actual performance or results, changes in underlying assumptions or factors affecting the forward-looking statements.

    Keywords: Social News 2024

    Please note; this information is the raw content received directly from the information source. This is exactly what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: Microalgae: an innovative tool for bioeconomy

    Source: Peoples’Friendship University of Russia –

    An important disclaimer is at the bottom of this article.

    Products derived from microalgae represent a cutting-edge development in the field of bioeconomy. The potential of this biological resource was discussed at the international research seminar “Foundations for a Green Sustainable Energy”, part of the BRICS Network University’s thematic group on “Energy”. The event was organized by the Institute of Ecology at RUDN University.

    The series of scientific seminars is designed to inform graduate students and young researchers from the universities participating in the BRICS Network University about the scientific challenges being solved by partner institutions and to encourage them to participate in international academic mobility

    Sergey Shirinsky,

    Associate Professor of the Department of Electromechanics, Electrical and Electronic Apparatus at NRU “MPEI”.

    The main speaker of the seminar was Irina Adarchenko, a graduate student from the Institute of Ecology at RUDN University with the presentation “Innovative Tools for Bioeconomy: the case of microalgae production.”

    Production

    Microalgae production is a key source of valuable bioproducts, including proteins, lipids, carbohydrates, vitamins, and various other beneficial compounds. However, their extraction involves a complex, multi-stage process.

    First, microalgae are cultivated under controlled conditions, whether in open ponds, closed photobioreactors, or fermenters. The biomass produced this way is then harvested and dehydrated. To release the contents of the cells, it is necessary to remove the cell walls. This can be done through mechanical, chemical, or enzymatic methods. Next step is the extraction process, where organic solvents, alkalis, acids, and enzymes are utilized to isolate specific compounds. The resulting extracts are then separated and purified to obtain the product.

    For example, high-purity proteins are extracted using alkaline extraction or enzymatic hydrolysis, while Omega-3 fatty acids are obtained through lipid extraction with organic solvents followed by separation. Vitamins and natural pigments are extracted using specialized solvents. Antioxidants and other specific compounds are extracted using solvent extraction and chromatography

    Areas of use

    Proteins, lipids, and carbohydrates derived from microalgae have potential applications in the food industry, for example, as additives, ingredients for functional foods, and aquaculture feed. Vitamins, pigments, antioxidants, and other bioactive compounds can be used in pharmaceuticals, cosmetics, and dietary supplements. In the energy sector, lipids are used for the production of biodiesel, while carbohydrates are used for bioethanol. In agriculture, microalgal biomass is becoming a biofertilizer. Furthermore, microalgae are used for wastewater treatment and in the production of biodegradable plastics.

    Bioeconomy uses microalgae for several reasons:

    1. Microalgae exhibit rapid growth rates, allowing for the production of biomass in significant quantities in a short time frame.
    2. It does not require arable land, as they can be cultivated in controlled environments.
    3. Microalgae are capable of absorbing CO2 from the atmosphere, helping to mitigate the greenhouse effect.
    4. It also plays a crucial role in bioremediation, cleaning up wastewater and contaminated sites.
    5. The diverse range of microalgal species, each with its unique composition, opens up avenues for a wide variety of products.

    Microalgae hold significant potential for addressing both food and environmental security issues. Their application in bioremediation and biofuel production is becoming increasingly prevalent. A key aspect of developing effective solutions is the selection of microorganisms. Therefore, research aimed at discovering new strains of microalgae with unique traits, such as mixotrophy, is particularly relevant today.

    Anna Popkova

    Deputy Director for International Activities at the Institute of Ecology of RUDN

    Microalgae provide proteins and micronutrients to the population, addressing the global challenge of food security. They also play a crucial role in ensuring energy security by offering renewable sources of biofuels, which helps reduce dependence on fossil fuels. The exciting prospects for using microalgae are tied to advancements in cultivation, processing, and scaling up production technologies. In the future, we can expect the emergence of new bioproducts derived from microalgae, as well as an expansion of their applications across various industries.

    Technologies for cultivating microalgae

    There are several technologies for cultivating microalgae.

    • Open ponds represent the most cost-effective option, although they do not allow for complete control over growth conditions.
    • Closed photobioreactors provide more regulated environments, ensuring higher productivity and biomass purity, but they come with a significantly higher price tag.
    • Hybrid systems blend elements of open ponds and closed photobioreactors to optimize the production process.
    • Additionally, fermenters are used for cultivating certain types of microalgae in the dark, utilizing organic substrates for growth.

    The implementation of these technologies in production comes with a range of challenges and obstacles. The high costs of production require substantial investments in equipment and infrastructure. Additionally, the low productivity of certain strains and processing methods needs further optimization and scaling efforts. Cultivation and processing processes are highly energy-intensive, highlighting the need to develop more efficient and environmentally friendly solutions. Another critical concern is the risk of water body eutrophication when microalgae are used in bioremediation, which necessitates strict monitoring and regulation. On top of this, scaling up laboratory innovations to industrial production remains challenging, compounded by logistical issues and difficulties in storing biomass and derived products.

    Please note; this information is raw content received directly from the information source. It is an accurate account of what the source claims, and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: RUDN University Celebrates the 2nd Annual Swahili Culture Day: Bridging People through Language and Culture

    Source: Peoples’Friendship University of Russia –

    An important disclaimer is at the bottom of this article.

    On 4th of April 2025, RUDN University hosted the 2-nd annual event on Swahili.

    The representatives from four diplomatic missions, including the Republic of Guinea, the Republic of Kenya, the United Republic of Tanzania, the Republic of Uganda, researchers and students from Moscow universities, as well as schoolchildren, attended the forum.

    In his inaugural address, RUDN Rector professor Oleg Yastrebov, highlighted the university’s unwavering commitment to guide a new generation of specialists to embrace the boundless possibilities of their chosen domains еnriched by the profound gift of Swahili proficiency, covering the language mastery and translation skills.

    With profound dedication, we have taken a decisive step forward by introducing a Swahili language course, offered free of charge to our most exceptional students. This endeavor stems from a deep recognition of the growing and urgent demand for experts in the field across international industries.

    Oleg Yastrebov

    His Excellency Haba Niankoye, Ambassador Extraordinary and Plenipotentiary of the Republic of Guinea warmly welcomed the attendees and wished success to all those studying the Swahili language.

    Ms. Semeni Nandonde, First Secretary of the Embassy of the United Republic of Tanzania in the Russian Federation, passionately affirmed Tanzania’s steadfast support for RUDN noble efforts in promoting the Swahili language learning among Russian students. She reiterated her country’s enduring commitment to championing this initiative.

    Thomas Edwin Williams, the President of the Association of African Students at RUDN University inspired those gathered to enhance their awareness of African culture and unique linguistic landscape, while learning the Swahili language that speaks to the soul of a vibrant and vast continent.

    The research part of the event incorporated reports by distinguished representatives of Academia, youth scientists, and leaders of non-profit educational initiatives. Aslan Abashidze (RUDN Law Institute Director, Full Professor, Dr in Laws, member of the UN Committee on Economic, Social and Cultural Rights), Andrey Barinov (PhD in Economics, Junior Research Fellow at the Centre for Global and Strategic Studies, Russian Academy of Sciences), and Alexander Brumarov (founder and leader of AfrikaDa, Russia’s first school of African Languages) highlighted multifaceted treasures of Africa, its cultural and linguistic jewels that serve as living testaments to the continent enduring legacy.

    The program of the event was adorned with heartfelt performances prepared by students and schoolchildren who are dedicated to learning Swahili at Moscow’s esteemed universities and schools. A theatrical parable in Swahily from students of the Russian State University of Humanities warned against selfishness through the story of a haughty tree. The audience was also captivated by passionate Swahili songs from MGIMO and RUDN students, as well as from schoolchildren of Moscow school № 1517 . Multilingual sketches about students’ life imbued the event with a true spirit of an international university.

    We are delighted to participate in Swahili Day at RUDN University for the second year in a row. It is a wonderful opportunity to make new friends, share knowledge, and showcase our creative potential through the Swahili language.

    Sevgi Akhmedova, Mikhail Smirnov, Russian State University of Humanities

    Student communities from African countries supported the event with cultural exhibitions and stanning dancing performances.

    Developing Swahili as one of educational tracks, RUDN University enriches a multilingual agenda in education, and fosters its belief in the transformative power of education.

    Please note; this information is raw content received directly from the information source. It is an accurate account of what the source claims, and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: Digital Pre-University Faculty of RUDN invites RUDN alumni and their family members to attend online Russian language courses

    Source: Peoples’Friendship University of Russia –

    An important disclaimer is at the bottom of this article.

    RUDN became a federal innovation platform in the priority area “Informatics. Digitalisation”

    The new list of federal innovation platforms (FIP) of the Russian Federation includes 30 new organisations. Among them is Peoples’ Friendship University of Russia named after Patrice Lumumba. This became possible thanks to the development of the Digital Pre-University Faculty of RUDN.

    RUDN medical students take two bronze medals at the Anatomy Olympiad in Minsk

    December 15, Minsk hosted the IX International Student Olympiad in Human Anatomy. It was attended by 9 teams from Russia and Belarus. Students of RUDN took two 3rd places in the theoretical and practical rounds.

    Firsova readings “Modern languages and cultures: variability, functions, ideologies in the cognitive aspect” at RUDN University

    The VI Firsova Readings conference “Modern languages and cultures: variability, functions, ideologies in the cognitive aspect”, held at the Faculty of Philology brought together speakers from Russia, England, Hungary, Spain, Italy and the Netherlands, working in 9 thematic sessions. The conference featured a workshop, a round table and three seminars in Russian and English.

    Please note; this information is raw content received directly from the information source. It is an accurate account of what the source claims, and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: The ‘Russkiy Mir’ Foundation provided students of Savitribai Phule Pune University in India with a unique opportunity to study Russian at the Digital Pre-University Faculty of RUDN

    Source: Peoples’Friendship University of Russia –

    An important disclaimer is at the bottom of this article.

    RUDN University Celebrates the 2nd Annual Swahili Culture Day: Bridging People through Language and Culture

    On 4th of April 2025, RUDN University hosted the 2-nd annual event on Swahili.

    RUDN University hosts the first youth forum “Russia – Asia: human resources potential of the nuclear industry in the region”

    The forum attracted over 400 representatives from 36 countries, including delegates from 16 Asian countries, experts from the nuclear industry, supporting and partner universities of Rosatom.

    25 winners of the Indonesian International Student Mobility Awards 2024 scholarship program came to RUDN University

    RUDN Institute of Environmental Engineering is hosting the winners of the Indonesian International Student Mobility Awards 2024 state scholarship program for the second time. The participants chose between 126 universities from 23 countries, including the USA, Canada and Australia. 25 best Indonesian students chose Russia and came to Moscow for the first time.

    Please note; this information is raw content received directly from the information source. It is an accurate account of what the source claims, and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: RUDN received the ‘Time of Innovations’ award for its own patented development ‘Digital Pre-University Faculty’

    Source: Peoples’Friendship University of Russia –

    An important disclaimer is at the bottom of this article.

    Peoples‘ Friendship University of Russia (’RUDN’) has been awarded the All-Russian prize “Time for Innovations” for its patented development ‘Digital Pre-University Faculty’, which allows you to study Russian from anywhere in the world.

    RUDN project stood out among many participants in the nomination ‘Innovative and Active Company of the Year’ in the category ‘IT and Digital Technologies’.

    Currently, the platform has trained more than 16,000 users from 82 countries who have studied and continue to study Russian using their native intermediate language. This unique feature of the platform makes the learning process more accessible and effective.

    Speakers of 9 languages can learn Russian through their native language: Chinese, Farsi, Turkish, Arabic, English, French, Spanish, Vietnamese, Myanmar.

    Russian language rules, instructions and hints are available in users’ native language. 

    In addition to Russian, users can also study 8 general education disciplines on the platform, including maths, computer science, chemistry, physics, biology, history, literature and social studies.

    Despite the large number of educational resources, there are currently no similar learning platform software solutions in the world, the use of which is possible without prior preparation – knowledge of the alphabet and the ability to read in the language being learnt, which makes the Digital Pre-University Faculty a truly unique development. The project is currently at the stage of improvement and expansion of technological and user capabilities.

    Please note; this information is raw content received directly from the information source. It is an accurate account of what the source claims, and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: V.F. Stanis 100th anniversary medal: RUDN foreign alumni

    Source: Peoples’Friendship University of Russia –

    An important disclaimer is at the bottom of this article.

    The aaniversary medal to the 100th anniversary of V.F. Stanis is awarded to RUDN current and ex-employees and students for: significant contribution to the university development; long-standing commitment to maintaining ties with the university; fruitful cooperation of Russian and foreign organizations, scientists and public figures with the university.

    The aaniversary medal to the 100th anniversary of V.F. Stanis is awarded to RUDN current and ex-employees and students for:

    • significant contribution to the university development;
    • long-standing commitment to maintaining ties with the university;
    • fruitful cooperation of Russian and foreign organizations, scientists and public figures with the university.

    RUDN foreign alumni

    For their contribution to the promotion of RUDN abroad, for maintaining relations with the university and cooperation, 16 foreign graduates received the V.F. Stanis anniversary medal:

    1. Galina Abbas (Lebanon);
    2. Hamed Muhieddin Abou Zahr (Lebanon, Peru);
    3. Al-Twal Salam Fakhri (Jordan);
    4. Gupta Sudhir (India);
    5. Georges Aoun (Lebanon);
    6. Kalumbi Shangula (Namibia);
    7. Mizanur Rahman (Bangladesh);
    8. Mustafa Hammoud Al-Nawaise (Jordan);
    9. Navin Saxena (India);
    10. Najim Riad Yousef (Lebanon);
    11. Nilakshi Suryanarayan (India);
    12. Gagan Patwardhan (India);
    13. Rigoberto Santos Hilario (Dominican Republic);
    14. Ruben Dario Flores (Colombia);
    15. Auelbek Tokzhanov (Kazakhstan);
    16. Jose Hidalgo Salazar (Ecuador).

    Faculty of Economics and Law

    • Mizanur Rahman, graduate ‘81 — head of the Association of Alumni of Russian and Soviet Universities in Bangladesh.
    • Mustafa Hammoud Al-Nawaise, graduate ‘91 — international lawyer, former Secretary General of the Constitutional Court of Jordan.
    • Hamed Muhieddin Abou Zahr, graduate ‘92 — President of the Arab-Peruvian Chamber of Commerce, Vice-president of the Association of RUDN Alumni in Peru, Honorary Consul of Lebanon in Peru.

    Faculty of Science

    Graduate ‘78 of the Faculty of Science, majoring in Chemistry, Navin Saxena is the President of the international group of pharmaceutical companies: Rusan Pharma (India), Euro-Med (Russia), Pharmaker (Great Britain), Uzpharmaker (Uzbekistan), Pharmaker (Ukraine), Pharmaker (UAE) and owns the pharmaceutical companies Rusan Pharma and Pharmaker. In 2005, Rusan Pharma became a supplier of vital drugs under the Benefit-2005 program in the Russian Federation. It still remains one of the largest suppliers of drugs to the Russian Ministry of Health, the Russian Ministry of Defense and the Russian Ministry of Emergency Situations, as well as to the services of the Russian Army. Navin Saxena is the author of a large number of publications in Russian and foreign scientific journals, has drugs copyright certificates and patents.

    Faculty of History and Philology

    • Ruben Dario Flores, graduate ‘83 — Director of the Leo Tolstoy Institute of Culture in Bogota, Colombia.
    • Nilakshi Suryanarayan, graduate ‘80 — Head of the Department of Slavonic and Finno-Ugrian Studies at the University of Delhi, professor, teacher of Russian language and literature.
    • Galina Abbas, graduate ‘92 — President of RUDN University Alumni Association in Lebanon.

    All of them actively promote Russian education and the Russian language in their countries. Thus, Nilakshi Suryanarayan is the author of a popular manual among Indian students of philology, “Russian Verbs with Prefixes: Meaning and Usage”. Galina Abbas was awarded the Pushkin Medal, and Ruben Dario Flores is a translator of works by Russian poets A.Pushkin, B.Pasternak and A.Tarkovsky.

    Faculty of Medicine

    In 1978, Najim Riad Youssef graduated from the Faculty of Medicine. Najim Riad Youssef is the CEO of RamTEK LLC and Vice-Chairman of the Lebanese-Russian Friendship Society, popularizing Russian higher education and science abroad, which made him the Ambassador of Russian Education and Science.

    Kalumbi Shangula graduated from the Faculty of Medicine in 1983. He is the Minister of Health and Social Services of Namibia. He is member of the Medical Association of Namibia, the Royal Society of Tropical Medicine and Hygiene in Great Britain, and the New York Academy of Sciences.

    Faculty of Engineering

    The largest number of graduates awarded the medal to the 100th anniversary of V.F. Stanis graduated from the Engineering faculty: Jose Hidalgo Salazar in 1973, Patwardhan Gagan in 1975, Al-Twal Salam Fakhri in 1983, Rigoberto Hilario Santos and Georges Aoun in 1984.

    They continue to maintain contact with RUDN, creating new opportunities for the future students. Jose Hidalgo Salazar, CEO of IGGEKO LLC, became a laureate of the Order of Friendship. Al-Twal Salam Fakhri, a senior specialist in the regional office of the UN Development Program, member of the Jordan-Russia Friendship Society was awarded the Order of Friendship by the decree of the President of the Russian Federation. Rigoberto Hilario Santos, CEO of the engineering and construction company CONSUDOM SRL, member of the Presidium of the Dominican College of Architects and Geodesic Engineers, former Director of the Department of the Ministry of Public Works and Communications of the Dominican Republic, became the Ambassador of Russian Education and Science. Patwardhan Gagan, Head of Union Exports LLC, received the Order of Friendship for promoting the Russian language in Western India. Professor Georges Aoun, Head of the department of basic disciplines at the engineering faculty of the Lebanese University, organized summer schools with the Agrarian and Technological Institute, Engineering Academy and the Institute of the Russian language, as well as a double degree program with the Philological faculty of RUDN, author of a number of publication on teaching Russian as a foreign language.

    Faculty of Agriculture

    Auelbek Tokzhanov, a 1982 graduate of the Faculty of Agriculture, is currently the CEO of Skymax Technologies Group of Companies, AK Karal Diatomit Industry. He heads the UDN-RUDN Alumni and Friends Association in Kazakhstan and is a member of the expert group in the Innovative Economy direction of the Nur Otan party. Aulbek Tokzhanov is a co-founder of the Literary Alliance Public Foundation, which supports the work of Olzhas Suleimenov and young talents.

    Gupta Sudhir is a 1983 graduate of the Faculty of Agriculture and Chairman of the Board of Directors of Amtel Corporation. To support students, he has established 80 personal scholarships of 3,000 rubles per month. Gupta Sudhir was also awarded the Order of Friendship.

    V.F. Stanis anniversary medals were also awarded to 28 Russian graduates, employees and partners of RUDN University.

    Please note; this information is raw content received directly from the information source. It is an accurate account of what the source claims, and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: Indonesia and RUDN: Exchange of environmental research insights

    Source: Peoples’Friendship University of Russia –

    An important disclaimer is at the bottom of this article.

    The international scientific seminar hosted by RUDN Institute of Ecology “Experience of participation in student organizations as a way to form career skills” united scholarship recipients of the International Student Mobility Awards 2024 and Open Doors, along with members of the scientific student society “GreenLab” and the professional student association “Kostyor (Bonfire)” shared their projects focused on environmental protection.

    During the international seminar, participants exchanged insights on how student-led initiatives can be implemented within university settings.

    Student research is an invaluable source of new ideas and bold solutions that play an important role in the development of science.

    Anna Popkova

    Deputy Director for International activities at the Institute of Ecology

    Among the speakers was Yusriani Mardia Arifin from Indonesia, who presented the results of her research on groundwater potential zoning in the Cisarua area of Bogor district, using cutting-edge GIS technologies.

    It is commonly believed that there is an abundance of groundwater in this area, while the study reveals a shortage. I’ve identified four distinct zones with varying groundwater potential, which will aid in more effective water resource management.

    Yusriani Mardia Arifin

    Muhammad Filzah Zulfakar introduced the Mulang project, a UNESCO-supported initiative under the “Youth as Researchers” program. This comprehensive study focuses on the village of Lovokdoro, home to waste pickers, and examines various aspects including spatial, environmental, health, economic, and social factors. The findings aim to develop strategies that can be applied to similar challenges in other villages.

    Abigail Tabita highlighted the role of small and medium-sized enterprises (SMEs) in driving sustainable development in Indonesia. With a large number of these enterprises, she sees a lot of opportunities for a stable growth in the future. Abigail shared her plans to conduct five mentoring sessions, in collaboration with the Indonesian Ministry of Trade, involving around 30 SMEs in each session. This initiative will help these businesses to adapt to evolving market demands, while exporters will gain more opportunities to expand their markets.

    International consumers are becoming increasingly aware of the importance of sustainability. They are shifting away from unsustainable practices towards more responsible approaches throughout the supply chain!

    Abigail Tabita

    The international scientific seminar served as a vibrant platform for fostering collaboration between representatives from Russia and Indonesia.

    A huge thank you to RUDN, especially the Institute of Ecology, for organizing this science workshop. It allowed us to exchange and share our projects with other international students. I look forward to many more opportunities to connect and expand our understanding of scientific advancements worldwide!

    Wahdini Aulia Rizki

    In the latter part of the event, international students were introduced to the diverse scientific activities at the PFUR Institute of Ecology. Pavel Zhigarlovich represented the professional student association “Koster,” sharing insights about the club’s scientific expeditions, historical and geographical quests, and volunteer efforts in protected areas. The Indonesian students were particularly captivated by the results of fieldwork conducted on Baikal in early 2024.

    Daniil Mironov, Vice Chairman of the Scientific Student Society “GreenLab,” also took the stage to discuss initiatives aimed at engaging students in scientific pursuits. He highlighted the association’s efforts to organize lectures with leading experts in various ecological fields, field trips, and intellectual games designed to spark curiosity and involvement.

    Seminar “Experience of Participation in Student Organizations as a Way to Build Career Skills,” marked a significant milestone in the decade of environmental science, education, and awareness at RUDN.

    Please note; this information is raw content received directly from the information source. It is an accurate account of what the source claims, and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: Russian education abroad: RUDN University hosts conference “Ambassadors of Russian Education and Science”

    Source: Peoples’Friendship University of Russia –

    An important disclaimer is at the bottom of this article.

    Ambassadors of Russian education and science met at a conference in RUDN University to discuss how they can increase the visibility of Russian universities and research organizations in the world, and attract more international students in Russia.

    More than 70 people gathered at the conference:

    • 13 new Ambassadors of Russian Education and Science from Burkina Faso, Vietnam, the Democratic Republic of the Congo, Egypt, India, Indonesia, Kyrgyzstan, Mali, Mozambique, Mongolia, the Republic of Guinea, Sri Lanka and Ecuador.
    • representatives of Russian educational organizations from among the founders of the program “Ambassadors of Russian Education and Science”;
    • members of the Consortium Council;
    • representatives of international services of Russian higher education institutions;
    • heads of the main educational divisions of RUDN University.

    “Ambassadors of Russian Education and Science” is a RUDN University project that brings together graduates of Russian universities, government and public figures from Asia, Africa, the Middle East, Latin America and the CIS. They voluntarily and gratuitously promote Russian education, brands of Russian educational and scientific organizations, and the Russian education and science system as a whole in their countries.

    Graduates of Russian and Soviet universities are guides of Russian education and science in their countries. Cooperation with them will increase the number of international students in Russia, strengthen the authority and reputation of Russian education and science, and strengthen cooperation between foreign countries and Russia. Promotion of the Russian language as one of the world’s languages will also be important.

    Vladimir Filippov

    President of RUDN University, Chairman of the Consortium Council

    Head of the Department of External Relations and International Projects of the Center for International Cooperation of the Ministry of Education of the Russian Federation Elena Averkova spoke on key international humanitarian projects:

    • “Russian Teacher Abroad” united 28 countries and 245 schools in the Association of Russian Schools Abroad. Its participants are Russian teachers who teach in foreign schools in Russian.
    • International school “Interdom” named after E. D. Stasova has trained more than 5,000 foreign students. They return to their home countries taking prominent public and state posts there, and strengthening ties with Russia.

    Acting Director of the Department of International Cooperation of the Ministry of Education and Science of the Russian Federation Nikolai Kudryavtsev stressed that Russia ranks 4th in the list of countries where current heads of foreign states and governments got their degrees. He added that currently in Russia there are 77 bilateral and 15 multilateral agreements in the field of mutual recognition of education, qualifications and academic degrees. Another 50 draft agreements are under development.

    Ambassador of Russian Education and Science, General Director of the International Coordinating Council of Graduates of Educational Institutions (INCORVUZ-XXI) Kochofa Aniset Gabriel noted important areas of work to promote Russian education and science:

    • mutual coordination of projects at the international level with the assistance of the Ministry of Foreign Affairs, the Ministry of Education and the Ministry of Education and Science of the Russian Federation;
    • opening schools and centers for learning the Russian language with the support of Rossotrudnichestvo and Russian embassies in other countries.

    The participants of the meeting shared their vision of the development and promotion of Russian education and science abroad. They suggested speeding up the registration of study visas for foreign applicants coming to Russia. The Ambassadors of Russian Education and Science also believe that it is necessary to involve Rossotrudnichestvo and the Ministry of Education of the Russian Federation to supply textbooks on the Russian language and literature to Russian schools and Russian language learning centers created on the initiative of foreign graduates of Soviet and Russian universities.

    Following the conference, participants outlined a work plan for 2025.

    Please note; this information is raw content received directly from the information source. It is an accurate account of what the source claims, and does not necessarily reflect the position of MIL-OSI or its clients.

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  • MIL-OSI Russia: Achievements of RUDN University staff and alumni recognized with state and departmental awards

    Source: Peoples’Friendship University of Russia –

    An important disclaimer is at the bottom of this article.

    RUDN University staff and alumni received state and departmental awards at the State Kremlin Palace during a festive concert in honor of RUDN 65th anniversary.

    State awards

    The honorary title “Honored Scientist of the Russian Federation” for great contributions to science and many years of conscientious work was awarded to:

    • Aslan Abashidze, Head of the Department of International Law, RUDN Law Institute, Honored Lawyer of the Russian Federation, Doctor of Laws;
    • Vitaly Eremyan, Head of the Department of Constitutional Law and Constitutional Legal Proceedings, RUDN University Law Institute, Honored Lawyer of the Russian Federation, Doctor of Laws.

    For merits in science and education, training of highly qualified specialists, and many years of diligent work, the Medal of the Order “For Merit to the Fatherland” II Class was awarded to:

    • Vladimir Vorobyov, Head of the Department of the Russian Language and linguoculturology, Institute of the Russian Language, Doctor of Pedagogical sciences.
    • Natalya Sokolova, Director of the Institute of Foreign Languages, Head of the Department of Theory and practice of foreign languages, PhD of Philological Sciences.

    The honorary title “Honored Inventor of the Russian Federation” for many years of productive inventive activity was awarded to Alexander Stepanov, Head of the Department of Dentistry of the Institute of Medicine, Doctor of Medical Sciences.

    Departmental awards

    Andrey Kostin, First Vice-Rector — Vice-Rector for Research of RUDN University, Doctor of Medical Sciences, was awarded the Russian Federation Presidential Certificate of Honor for achievements in science and education, training of highly qualified specialists, and many years of conscientious work.

    By the order of the Ministry of Science and Higher Education of the Russian Federation, the honorary title “Honorary Worker of Education of the Russian Federation” for significant contributions to education and diligent work was conferred on:

    • Svetlana Balashova, Head of the Department of Economic and mathematical modeling, RUDN Faculty of Economics, PhD of Physical and Mathematical Sciences;
    • Elena Kryazheva-Kartseva, Head of the Department of Russian History, RUDN Faculty of Humanities and Social Sciences, PhD of Historical Sciences

    State awards to foreign alumni

    State awards were also presented to foreign alumni who made significant contributions to strengthening international ties and promoting Russian education and science abroad.

    The Order of Friendship was awarded to :

    1. Hamed Muhieddin Abou Zahr (Lebanon), President of the Arab-Peruvian Chamber of Commerce;
    2. Mustafa Hammoud Al-Nawaise (Jordan), Lawyer;
    3. Najim Riad Yusef (Lebanon/Russia), General Director, RamTEK LLC;
    4. Navin Satyapal Saxena (India), Director, pharmaceutical company “Rusan Pharma”.

    За достижения в области гуманитарных наук и литературы, вклад в изучение и сохранение культурного наследия России и сближений культур наций трое выпускников награждены Медалью Пушкина:

    For achievements in the field of the humanities and literature, contributions to the study and preservation of Russia’s cultural heritage, and bringing national cultures closer together, the Pushkin Medal was awarded to:

    1. Galina Abbas (Russia/Lebanon), President of RUDN University Alumni Association in Lebanon;
    2. Liu Xin (China), Chairman of the Board of Directors of MBDK International Group;
    3. Tony François Simon-Pierre Ngan (Cameroon), Chairman of Alumni Association of Russian (Soviet) Universities in Cameroon “Soyuzniki”

    RUDN University congratulates its staff and alumni on receiving these awards!

    Please note; this information is raw content received directly from the information source. It is an accurate account of what the source claims, and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: RUDN University hosts the first youth forum “Russia – Asia: human resources potential of the nuclear industry in the region”

    Source: Peoples’Friendship University of Russia –

    An important disclaimer is at the bottom of this article.

    The forum attracted over 400 representatives from 36 countries, including delegates from 16 Asian countries, experts from the nuclear industry, supporting and partner universities of Rosatom.

    This forum brought together leaders who are committed to stating their ideas and forming teams. You can connect with like-minded people and explore new areas for collaboration. It is essential to support the initiatives of talented students from Asia, who will return to their home countries and develop the nuclear industry in the region.

    Vladimir Filippov

    President of RUDN University

    With the support of Rosatom State Corporation, more than 800 students from Asia are studying in Russia in nuclear engineering programs.

    Rosatom is a global leader in nuclear energy. We successfully export both advanced technologies and best educational practices. Our unique educational ecosystem enables us to train top-class specialists starting from school. Within the framework of joint educational initiatives, we collaborate with 17 Asian countries, including Bangladesh, India, Vietnam, and Uzbekistan. We offer comprehensive solutions for human resource development – ranging from staff training and university education in Russia to advanced professional development and joint research projects. We take into account the specific needs of each partner country and through transfer of education and technologies we generate new industries and job opportunities.

    Tatyana Terentieva

    Rosatom Deputy Director General for HR

    The forum featured presentations across seven thematic sections covering nuclear energy and its related applications: Nuclear Reactors, Radiation Safety, Agrotechnologies, Environmental Science, Nuclear Medicine, as well as Youth and Public Organizations and Contribution of Alumni to Regional Development.

    Speakers included students and young researchers from the supporting and partner universities of Rosatom: MEPhI, TPU, UrFU, NNSTU n.a. R.E. Alekseev, Yuri Gagarin SSTU, Peter the Great SPbPU, BMSTU, IKBFU, LETI and RUDN.

    The forum spanned 36 countries, with 16 of them representing Asia. Participants and experts came from Vietnam, India, Indonesia, Mongolia, Myanmar, Sri Lanka, and other Asian countries.

    Please note; this information is raw content received directly from the information source. It is an accurate account of what the source claims, and does not necessarily reflect the position of MIL-OSI or its clients.

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  • MIL-OSI Russia: Moscow Exchange: Risk parameters change on the Securities market

    Source: Moscow Exchange –

    An important disclaimer is at the bottom of this article.

    CCP NCC changes the following risk parameters on Securities market starting from July 03, 2025:

    № Ticker Current market risk rates, % Market risk rates from 03.07.2025, %
    S1_min S2_min S3_min S1_min S2_min S3_min
    1 RU000A109R19 70% 90% 100% 52% 55% 58%
    2 RU000A10BG62 50% 60% 70% 54% 57% 60%

    Please note; this information is raw content received directly from the information source. It is an accurate account of what the source claims, and does not necessarily reflect the position of MIL-OSI or its clients.

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  • MIL-OSI Russia: MKB paid the coupon and principal on Eurobonds CBOM 05/25

    Источник: Credit Bank of Moscow – Московского Кредитного Банка –

    Важный отказ от ответственности находится в нижней части этой статьи.

    MKB paid the coupon and principal on Eurobonds CBOM 05/25

    02.06.2025

    Please be informed about the status of the 16.5% subordinated RUB 5 bln Notes, issued in November 2014 (ISIN: XS1143363940) (CBOM 05/25).

    On June 2, 2025 MKB (“the Bank”) paid out coupons and the principal on Eurobonds CBOM 05/25. The payment was made in Russian rubles in favour of the all noteholders in Russian depositaries as at 23 May 2025, in accordance with the Executive Order dated March 5, 2022 No. 95 “On Temporary Procedures for Meeting Loan Obligations to Certain Foreign Creditors” and the Executive Order dated July 5, 2022 No. 430 “On the Repatriation by Residents Participating in Foreign Economic Activity of Foreign Currency and the Currency of the Russian Federation”.

    Fulfillment of payment obligations under Eurobonds remains a priority for MKB. For any additional information, please contact us via e-mail: capital_markets@mkb.ru.

    Примите к сведению; Эта информация является необработанным контентом, полученным непосредственно от источника информации. Она представляет собой точный отчет о том, что утверждает источник, и не обязательно отражает позицию MIL-OSI или ее клиентов.

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    MIL OSI Russia News –

  • MIL-OSI Russia: Expert RA affirms MKB’s credit rating at ruA+

    Источник: Credit Bank of Moscow – Московского Кредитного Банка –

    Важный отказ от ответственности находится в нижней части этой статьи.

    Expert RA affirms MKB’s credit rating at ruA+

    10.06.2025

    Expert RA has affirmed MKB’s national scale credit rating at ruA+ (“Moderately high level of creditworthiness / reliability / financial strength”). The outlook is “Stable”.

    Expert RA’s analysts note that the rating reflects, in particular, MKB’s moderately strong market position, satisfactory funding and liquidity profiles, fair asset quality, and fair corporate governance practices.

    As for MKB’s market standing, the agency points out that it enjoys notable competitive positions in the corporate lending and cash management segments and a rather broad base of large- and mid-cap borrowers across many sectors, giving it an important role at the federal level. The analysts also note a low level of overdue debt.

    They also mention MKB’s high systemic importance. Its share of the banking system’s total deposits by private individuals and sole proprietors was 1.5% as at 01.04.2025.

    Click here for more details.

    Примите к сведению; Эта информация является необработанным контентом, полученным непосредственно от источника информации. Она представляет собой точный отчет о том, что утверждает источник, и не обязательно отражает позицию MIL-OSI или ее клиентов.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: Moscow Exchange: REPO risk parameters change for the security LSNGP

    Source: Moscow Exchange –

    An important disclaimer is at the bottom of this article.

    As per the Securities market risk parameters methodology, on 03.07.2025, 10-05 (MSK) the lower bound of the REPO rate for tenor Y0/Y1Dt (up to -69.04 %), penalty rate and IR Risk Rate (up to -0.511 rub) for the security LSNGP were changed. New values are available here

    Please note; this information is raw content received directly from the information source. It is an accurate account of what the source claims, and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –