Category: Transport

MIL-OSI China: A robot revolution in building the largest railway station in west China

Source: People’s Republic of China – State Council News

As the new section of the Chongqing-Xiamen high-speed railway, from Chongqing to Qianjiang, officially opened a week ago, the key hub along this route, Chongqing East Railway Station, was also put into operation.

From obtaining the design blueprints in May 2022 to its official inauguration, it has taken 38 months to complete what is now the largest high-speed rail station in west China. Behind this monumental construction project are a group of unsung heroes — robots.

According to Sun Haoran, a manager of the railway station project under China Railway Construction Engineering Group, the station serves as a pilot for the “integration of stations and cities” as part of the nation’s efforts to strengthen transportation infrastructure.

Located in the Nan’an District of Chongqing, the station features 15 platforms and 29 tracks. The station building spans eight floors with a total construction area of 1.22 million square meters, equivalent to 170 standard football fields. Its roof covers approximately 120,000 square meters and weighs 16,500 tonnes.

“The scale of the station’s roof alone is colossal, making the construction difficult and posing high safety risks,” Sun said.

Indeed, in this city where temperatures regularly hit 40 degrees Celsius during furnace-like summers, building a vast transportation hub on its rugged topography demands innovation.

Robots have conducted a quiet revolution, transforming conventional construction in extreme environments.

“Ground leveling in 40-degree heat used to mean workers often collapsing from heatstroke,” said Huang Pinqing, a senior official with China Railway 11th Bureau Group Corporation Limited, who is in charge of the railway station project.

“Now, laser-guided bots did the job with millimeter precision at three times human speed, cutting labour costs by 40 percent.”

“Meanwhile, in this mountain furnace in summer, steel never sweats,” he added.

Huang proudly introduced his “robot army.”

Four-wheel laser screed machines, equipped with LiDAR sensors, AI algorithms, and 5G connectivity, replaced manual concrete smoothing. While workers remotely monitor them from shaded shelters, their precision reduces waste.

Patrol robots, undeterred by night or rain, became 24/7 sentinels. Using AI vision, they detect the absence of hard hats or misplaced vehicles within 100 meters during the day or 50 meters at night, slashing hazard identification time by 90 percent and quadrupling the quality inspection efficiency, he said.

Glass installation robots tackle 800-kilogram panels needed for soaring facades. Precision servo arms position the massive glass units with millimeter accuracy, accelerating installation threefold while reducing accident risks by 90 percent compared to manual hoisting by dozens of workers.

Omni-directional welding robots were used for joining overhead pipe installations. Capable of 0.1-millimeter accuracy swing control, they sealed an 800-millimeter diameter steel pipe joint in two hours — one-third the time required manually — ensuring consistent quality on high-altitude tasks.

“Robots free our teams from the worst heat exposure,” Huang said. “They aren’t gimmicks but essential partners.”

Data from China Railway 11th Bureau Group Corporation Limited confirmed that robotics tripled average work efficiency and nearly halved labour costs.

In addition, safety incidents dropped by 90 percent, despite Chongqing’s challenging topography, where summer heatwaves now regularly test construction limits, including record-breaking temperatures in 2022 and 2024, forcing traditional sites to suspend daytime work.

“This is how technology serves people — building faster, safer, and smarter, even in Chongqing’s furnace,” said Huang.

This mountainous metropolis is also accelerating the power of automation to reshape infrastructure development and beyond.

According to the Chongqing Municipal Economy and Information Technology Commission, in recent years, Chongqing has drafted action plans to boost robot application and cultivate future industries, empowering the development of the robotics industry from a top-level institutional perspective.

By 2024, the city’s robotics output exceeded 60,000 units, with the total industrial chain output value surpassing 37 billion yuan (about 5.17 billion U.S. dollars).

Meanwhile, the city is creating an internationally competitive intelligent equipment industrial cluster.

Currently, Chongqing has gathered over 300 key robotics enterprises, and hosts 31 research and development platforms, such as the Chongqing Institute of Green and Intelligent Technology under the Chinese Academy of Sciences and a national robotics testing center.

This has led to the establishment of a comprehensive ecosystem encompassing research and development, manufacturing, testing, system integration, component supply, talent training and application services.

MIL OSI China News –

July 3, 2025
MIL-OSI Video: EU Climate Target for 2040: 90% Emission Cut

Source: European Commission (video statements)

The EU is staying the course on its quest to decarbonise through pragmatism, flexibility, and responsibility. By 2040, the goal is to cut emissions by 90%, a target that will drive clean tech, boost competitiveness, and build resilience against climate impacts. It’s about protecting people, empowering industries, and leading the global clean transition.

https://www.youtube.com/shorts/-Z2nkUmriBo

MIL OSI Video –

July 3, 2025
MIL-OSI Russia: City rental offered favorable rates to participants of the night bike festival

Translation. Region: Russian Federal

Source: Moscow Government – Government of Moscow –

Participants of the Moscow Night Bike Festival will be able to take advantage of the favorable Velofest tariff. This was announced by the Deputy Mayor of Moscow for Transport and Industry Maxim Liksutov.

“The night bike festival will take place on July 5, its route will be 21 kilometers. “Velobike” has prepared special conditions for participants, and electric bicycles will be waiting for you on Luzhnetskaya Embankment. We continue to improve the accessibility, safety and convenience of bike rides, making them even more profitable for city residents on behalf of Sergei Sobyanin,” explained Maxim Liksutov.

They offer to rent a bike for three hours for 549 rubles – that’s only three rubles per minute. The tariff can be purchased from July 3 until the end of the bike festival. The package is valid for seven days from the moment of payment or until the three hours are exhausted. During this period, the tariff can be re-issued.

The number of bicycles is limited, those available for rent are listed in the app “Velobike”Those who will participate in the festival in their own transport will be able to use the technical inspection service at the city rental company workshop.

Registration onbike festival is already open. The starting town will open at 20:00. The 21-kilometer route will begin on Luzhnetskaya Embankment and end near Sokolniki Park. Participants should arrive at the starting point at the time specified during registration, and also follow the rules for using bicycles and traffic.

Get the latest news quicklyofficial telegram channel the city of Moscow.

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

https: //vv.mos.ru/nevs/ite/156182073/

MIL OSI Russia News –

July 3, 2025
MIL-OSI Russia: “Active Citizens” to evaluate the program of events of circus tents

Translation. Region: Russian Federal

Source: Moscow Government – Government of Moscow –

This summer, new entertainment awaits the residents of the capital. For the first time, within the framework of the project “Summer in Moscow” grand performances will take place “Circus Divertissements”with the participation of Russian circus artists.

City residents and tourists can attend performances in picturesque places of Moscow: the Moskino cinema park, Izmailovsky Park and the Yuzhnoye Butovo landscape park. Spectators will see majestic lions and graceful tigers, funny clowns, mysterious illusionists and much more.

The Active Citizen project invites Muscovites to join new vote, in which participants will have to evaluate summer circus programs.

From Safari to Magic

Thus, the circus in the Moskino cinema park has prepared a fascinating journey through the African savannah. The main characters of the program are Algerian lions. Guests will be shown unique numbers: the animals will demonstrate their strength, and aerial gymnasts on silk canvases will perform mesmerizing somersaults. A clown duo will present sparkling scenes with the participation of four-legged artists.

“Active citizens” will have to appreciate another circus tent site. It is located near the Round Pond in Izmailovsky Park. Here they have prepared a program with the cinematic name “Striped Flight” – a dynamic show with the participation of Bengal tigers. Spectators will also see how bear acrobats from the legendary circus dynasty ride a bicycle, aerial gymnasts and a tightrope walker perform risky tricks, and a well-coordinated juggling duo performs in the arena.

In the landscape park “Yuzhnoye Butovo” visitors will see “Magic of the Circus” – a bright and modern show with incredible pirouettes of gymnasts and acrobats, tricks of equilibrists, mysterious tricks of illusionists and show balletThe troupe of the Great Moscow Circus, under the direction of People’s Artists of the Russian Federation Edgard and Askold Zapashny, will also amaze you with their skills.

For participating in the voting, users will be awarded points for the city’s loyalty program “A Million Prizes”. They can be used to receive goods and services from the program’s partners, including souvenirs with logos of Moscow’s electronic projects. In addition, “active citizens” can donate points to charity, top up their Troika transport card account and the Parking of Russia app.

Chance to win tickets

Muscovites will be able to take part in special promotion and win two invitation tickets to the show “Algerian Lions” in the circus tent at the Moskino cinema park. To do this, you need to vote and enter the promo code SHAPITO in the “My Profile” section on the website or in the project’s mobile app between July 3 and 13 “Active Citizen”. At the end of the promotion, a random number generator will select 50 winners.

Project “Active Citizen” has been operating since 2014. During this time, more than seven million people have joined it, and in total, over seven thousand votes have been held. Every month, 30 to 40 decisions are implemented in the city. The project is being developed by the State Institution “New Management Technologies” and the capital Department of Information Technology.

The creation, development and operation of the e-government infrastructure, including the provision of mass socially significant services, as well as other services in electronic form, corresponds to the objectives of the national project “Data Economy and Digital Transformation of the State” and the regional project of the city of Moscow “Digital Public Administration”.

Three tent circuses will operate in the capital as part of the Summer in Moscow project

Project “Summer in Moscow”— the main event of the season. It brings together the most vibrant events of the capital. Every day, charity, cultural and sports events are held in all districts of the city, most of which are free. The Summer in Moscow project is being held for the second time, and this season will be more eventful: new, original and colorful festivals and events will be added to the traditional ones.

Get the latest news quicklyofficial telegram channel the city of Moscow.

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

https: //vv.mos.ru/nevs/ite/156193073/

MIL OSI Russia News –

July 3, 2025
MIL-OSI Russia: Media Olympus of Polytechnic: congratulations to the winners of the competition!

Translation. Region: Russian Federal

Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

The student competition “MediaActive Polytechnic”, which was held from March to May on the initiative of the Public Relations Department, has ended.

The competition was held among students. To participate in it, it was necessary to form a team and demonstrate their creative abilities and activity in the official communities of the Polytechnic University VKontakte AndTelegram. The guys completed a variety of tasks: they filmed VK clips, shared photos from university events, and actively participated in surveys.

“The media activity competition did not assume that you can simply leave more likes and comments under a post and win a prize. Here, students had to show creativity, polytechnic skills, love for the university and not lose interest during the three months that the competition lasted,” said Marianna Dyakova, Head of the Public Relations Department. “Every week, they had to complete tasks, and do it at a high level. And we are very glad that the guys responded and were ready to participate in such a long race. The most motivated ones came to the finish line. And we want to thank the teams that took first, second and third places: they were disciplined, active, and constant in their interest.”

“Thanks to this competition, the guys were able to demonstrate their talents,” says Olesya Stepanova, head of the special projects department. “And an additional incentive for the participants was that if you create quality content, it will be published on the university’s social networks with a huge audience.”

“We are always looking for caring students who want to prove themselves at the university, and this competition helped us find them,” says Marianna Dyakova. “They can become volunteers at our events or content makers. I think it makes sense to continue this competition. Perhaps we will fill it with even more creative tasks. Yes, it is connected with media activity, but the most important thing is that it brings to life the values professed by the Lepota ecosystem.”

Six teams reached the final of the competition, and the winners were chosen based on the number of points earned. The most active and creative was the United Student Council of Dormitories, and each member of the winning team received a cash reward – five thousand rubles!

Second place went to “6 frames”. Silver medalists will receive an unforgettable gift – a personal photo session in a professional photo studio of the Polytechnic University.

The Chelyaba team came in third place; the bronze medalists were awarded branded sweatshirts.

Congratulations to all participants and winners! Your activity and creative approach made the media space of Polytechnic even more vibrant, lively and relevant.

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

MIL OSI Russia News –

July 3, 2025
MIL-OSI Russia: Rosneft and the Ministry of Transport of the Russian Federation Agree on Cooperation in Development of Transport Infrastructure

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

At the XXVIII St. Petersburg International Economic Forum, Rosneft and the Ministry of Transport of the Russian Federation signed an Agreement on Cooperation in development of transport infrastructure facilities.

The document was signed by Rosneft CEO Igor Sechin and Russian Minister of Transport Roman Starovoyt.

As part of the cooperation, the parties will focus on the construction and modernization of transport infrastructure facilities, and the development of international transport corridors.

Improving the quality of road service on federal highways, enhancing services for road users, and introducing advanced materials and technologies in road activities will be important areas.

Particular attention shall be given to fulfilling government objectives, including the effective implementation of instructions of the Russian President and the RF Government in the area of transport industry and road infrastructure development.

The signing of the Agreement shows the commitment of Rosneft to development of the country’s transportation infrastructure.

Department of Information and Advertising
Rosneft Oil Company
June 20, 2025

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 reflect the position of MIL-OSI or its clients.

MIL OSI Russia News –

July 3, 2025
MIL-OSI Russia: Rosneft and the Ministry of Industry and Trade of the Russian Federation Enter into a Cooperation Agreement

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

Rosneft and the Ministry of Industry and Trade of the Russian Federation signed a Cooperation Agreement at the XXVIII St. Petersburg International Economic Forum.

The document was signed by Rosneft CEO Igor Sechin and the Minister of Industry and Trade of the Russian Federation Anton Alikhanov.

The Agreement expands the scope of cooperation between the Company and the Ministry and provides for implementation of joint initiatives to develop industrial infrastructure in Russia, including through localization and import substitution of foreign technologies and equipment.

Under the Agreement, the parties will develop cooperation with the aim to support the export of industrial products, provide access to the markets of goods and services, and to carry out foreign trade activities.

Department of Information and Advertising
Rosneft Oil Company
June 20, 2025

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 reflect the position of MIL-OSI or its clients.

MIL OSI Russia News –

July 3, 2025
MIL-OSI Russia: Sechin Names Russia, Venezuela, Iran as Key Players to Ensure Global Energy Security

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

Russia, Venezuela and Iran are key players in the energy market and global energy security directly depends on their supply, Rosneft CEO Igor Sechin said at the Energy Panel at the XXVIII St. Petersburg International Economic Forum.

“Russia, Venezuela and Iran are key players in the energy market, and global energy security directly depends on their supply. These countries account for one-third of the global liquid hydrocarbons reserves and 15% of the global production. Without their resource base, it is impossible to facilitate the transition to the new landscape of the global energy industry,” the CEO said.

At the same time, according to Sechin, Russia’s real contribution to the Global Economy is proportional to its share in the global resource balance.

“Our country’s share in global hydrocarbon exports is about 15%. However, the Russian resource base is not only hydrocarbons, but also metals. Russia’s share in gold mining is about 10%, and in the mining of such metals as high-grade nickel and palladium it reaches 20% and 40% respectively,” the CEO said.

Rosneft CEO also noted that Russia has about 10% of the world’s reserves of rare-earth metals, without which it is impossible to develop modern technologies.

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 –

July 3, 2025

MIL-OSI Russia: ROSNEFT OIL COMPANY 9M 2024 IFRS RESULTS

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

9M 2024 HYDROCARBON PRODUCTION AMOUNTED TO 193.4 MLN TOE
9M 2024 LIQUID HYDROCARBON PRODUCTION EQUALED 138.3 MLN TONS
9M 2024 GAS PRODUCTION TOTALLED 67.0 BCM
9M 2024 EBITDA AMOUNTED TO RUB 2,321 BLN
9M 2024 NET INCOME ATTRIBUTABLE TO ROSNEFT SHAREHOLDERS AMOUNTED TO RUB 926 BLN
9M 2024 FREE CASH FLOW AMOUNTED TO RUB 1,075 BLN
9M 2024 UNIT LIFTING COSTS AMOUNTED TO $2.8/BOE

Rosneft Oil Company (hereinafter – Rosneft, the Company) announces its results for 9M 2024, prepared in accordance with the International Financial Reporting Standards (IFRS).

	9M 2024	9M 2023	% change
	RUB bln (except for %)
Revenues from sales and equity share in profits of associates and joint ventures	7,645	6,612	15.6%
EBITDA	2,321	2,403	(3.4)%
Net income attributable to Rosneft shareholders	926	1,076^*	(13.9)%
CAPEX	1,052	909	15.7%
Adjusted free cash flow	1,075	1,157	(7.1)%

* Revised due to completion of the 2022–2023 acquisition price allocation in 2023.

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

“Due to the Russian Government’s decisions to cap oil production in addition to the quotas set by the OPEC+ agreement, Rosneft’s operating performance in the reporting period was under pressure. In this context, the Company has been taking additional steps to ensure stable financial results as well as aimed at achieving a sustainable corporate business model.

The key rate increase resulted in the reduced efficiency of refinery modernization projects that require external financing. The outstripping growth of tariffs of natural monopolies and incremental anti-terrorist security costs exerted additional pressure on the refineries’ performance. In order to protect the shareholders’ interests and avoid losses, Rosneft has been considering the need to suspend refinery modernization projects. At the same time, meeting the domestic demand for quality petroleum products remains a priority.

Continuous changes in the taxation system have a negative impact on the oil industry. In particular, in the reporting period, net income attributable to Rosneft’s shareholders was negatively affected by the income tax rate increase to 25% from 2025. In accordance with IFRS, this resulted in a restatement of a deferred tax with a negative income effect of RUB 0.2 trillion.

However, efficient execution and improved development parameters of a number of our key projects afforded an opportunity to dramatically reduce the negative effect of these changes on our shareholders.

The reported net income attributable to Rosneft shareholders was also negatively affected by the exchange rate revaluation of foreign currency liabilities due to the weakening of the national currency. For example, during the third quarter, the ruble weakened against the yuan by more than 10%.

It is worth pointing out that net income attributable to shareholders adjusted for the non-cash effects mentioned above remained mainly unchanged year-on-year.

Shareholders’ interests remain one of our key priorities. On November 8, the Board of Directors recommended an interim dividend of RUB 36.47 per share which resulted in the semi-annual dividend yield of 7.6%. In full compliance with the corporate dividend policy, a total of RUB 386.5 bln or 50% of H1 2024 net income is recommended to be distributed as dividends.

In the context of high stock market volatility and taking into account our shareholders’ rights and interests, the Company has resumed its Share Buyback Program previously approved by the Board of Directors.”

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 9M 2024, the Lost Workday Injury Severity (LWIS) improved by 33%.

In 9M 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 9M 2024, as part of the corporate program to eliminate the environmental legacy, the area of contaminated land reduced by 7% and the volume of oily waste – by 12%.

In October 2024, Rosneft entered the first quartile in the ESG transparency ranking of the Expert RA credit rating agency. The ranking was compiled based on the analysis of public information on the sustainability performance of 124 Russian companies in four main blocks: environment, society, corporate governance and non-financial reporting standards.

Operating performance

Exploration and production

In 9M 2024, Rosneft liquid hydrocarbons production amounted to 138.3 mln tons (3,753 th. bpd). The indicator performance was primarily driven by the production cap in compliance with the decisions of the Russian Government.

9M 2024 gas production amounted to 67.0 bcm (1,488 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 9M 2024 hydrocarbon production amounted to 193.4 mln toe (5,241 th. boepd).

9M 2024 production drilling footage exceeded 9.1 mln meters. Rosneft commissioned over 2.2 th. new wells, 71% of which were horizontal.

In 9M 2024, Rosneft conducted 1.2 th. km of 2D seismic and 4.8 th. sq. km of 3D seismic onshore Russia. The Company completed testing of 31 exploratory wells with a success rate of 84%.

Vostok Oil Project

As part of the Vostok Oil project, in 9M 2024 the Company completed 0.7 th. linear km of 2D seismic and 0.6 th. sq. km of 3D seismic. Rosneft carried out successful testing of 3 wells with 3 more wells being drilled and 1 more well being tested.

Pilot development of the Payakha, the Ichemminskoye and the Baikalovskoye fields is in progress: production drilling footage amounted to 64 th. meters, while 10 production wells were completed in 9M 2024.

Drilling and testing of another high-tech well with the horizontal section of 1,000 meters and 7-stage hydraulic fracturing at the Payakha field resulted in a stable oil flow, which confirms the resource potential of the development targets.

Work is underway at the ‘Vankor – Payakha – Sever Bay’ trunk oil pipeline. Taking into account local climate patters, preparatory works for pipe laying were carried out during the summer period: more than 24 thousand piles were manufactured and prepared for mounting, over 200 km of the pipeline was welded.

Construction of logistics infrastructure, building of hydraulic structures, shore reinforcement, expansion of coastal and berthing infrastructure is underway.

Refining

9M 2024 refining volume in Russia amounted to 62.6 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 9M 2024, Rosneft produced 1,810 tons of catalysts for hydrotreatment of diesel fuel and gasoline fractions, as well as protective layer catalysts. Rosneft subsidiaries also produced over 133 tons of gasoline reforming catalysts and 272 tons of catalysts for hydrogen production, petrochemicals and adsorbents. 1,002 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 9M 2024, the Company sold 32.9 mln tons of petroleum products on the domestic market, including 9.9 mln tons of gasoline and 13.5 mln tons of diesel fuel.

The Company is an active participant of trading activities at the St. Petersburg International Mercantile Exchange (SPIMEX). In 9M 2024, Rosneft sold 7.3 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 37%.

Financial performance

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

In 9M 2024, the Company’s revenue¹ amounted to RUB 7,645 bln, representing an increase of 15.6% year-on-year on the back of higher oil prices. EBITDA reached RUB 2,321 bln, and the EBITDA margin amounted to 30%.

In 9M 2024, the unit lifting costs amounted to $2.8/boe.

9M 2024 net income attributable to Rosneft shareholders amounted to RUB 926 bln, which is 13.9% lower year-on-year driven by lower EBITDA, and higher debt financing rates, as well as non-cash factors, including the exchange rate revaluation of foreign currency liabilities and the effect of changes in the income tax rate.

9M 2024 capital expenditure amounted to RUB 1,052 bln, which was 15.7% higher year-on-year due to the scheduled implementation of the Company’s investment program. At the same time, Rosneft’s free cash flow² in the reporting period reached RUB 1,075 bln.

The net debt/EBITDA ratio at the end of September 2024 amounted to 1.2x. The indicator growth was due to payment of final dividends of RUB 307 bln for 2023, as well as depreciation of the national currency.

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
November 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 –

July 3, 2025

MIL-OSI Russia: ROSNEFT OIL COMPANY FULL YEAR 2024 IFRS RESULTS

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

2024 HYDROCARBON PRODUCTION AMOUNTED TO 255.9 MLN TOE
2024 LIQUID HYDROCARBON PRODUCTION AMOUNTED TO 184.0 MLN TONS
2024 GAS PRODUCTION TOTALLED 87.5 BCM
2024 EBITDA AMOUNTED TO RUB 3,029 BLN
2024 NET INCOME ATTRIBUTABLE TO ROSNEFT SHAREHOLDERS AMOUNTED TO RUB 1,084 BLN
2024 FREE CASH FLOW AMOUNTED TO RUB 1,295 BLN
2024 UNIT UPSTREAM COSTS AMOUNTED TO $2.9/BOE
THE TOTAL AMOUNT OF PAID TAXES AND OTHER PAYMENTS BY THE COMPANY TO THE CONSOLIDATED BUDGET OF THE RUSSIAN FEDERATION EXCEEDED RUB 6.1 TRLN

Rosneft Oil Company (hereafter, “Rosneft”, and the “Company”) publishes its results for 12M 2024 prepared in accordance with International Financial Reporting Standards (IFRS).

	12M 2024	12M 2023	% change
	RUB bln (except for %)
Revenues from sales and equity share in profits of associates and joint ventures	10,139	9,163	10.7%
EBITDA	3,029	3,005	0.8%
Net income attributable to Rosneft shareholders	1,084	1,267	(14.4)%
CAPEX	1,442	1,297	11.2%
Adjusted free cash flow	1,295	1,427	(9.3)%

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

“In the reporting year, the Company operated against the backdrop of oil production cap under the OPEC+ agreement, increased taxation, the natural monopolies tariff rises outstripping inflation, incremental anti-terrorist security costs, growing sanctions pressure, and unprecedented interest rates increases.

Management focused its efforts on revenue and EBITDA growth, while maintaining unit upstream costs at less than $3/boe, which is in line with our strategic objective, as well as on debt burden reduction. At the end of the year the net financial debt/EBITDA ratio amounted to less than 1.2x.

Rosneft is the country’s largest taxpayer. In 2024, the total amount of paid taxes and other payments made by the Company to the consolidated budget of the Russian Federation exceeded RUB 6,1 trillion¹.This is record high both for the Company and for the whole of the Russian market.

The net income attributable to the Company’s shareholders is lower as compared to the previous year due to the impact of non-cash factors, the main one being the revaluation of tax liabilities due to the income tax rate increase to 25% from 2025. In accordance with IFRS requirements, this resulted in a restatement of deferred tax with a negative income effect of RUB 0.24 trillion. However, efficient execution and improved development parameters of a number of our key projects afforded an opportunity to dramatically reduce the negative effect of these changes.

The sizable key rate increase exerted additional pressure on the net income. In particular, the Company’s interest expenses on loans and borrowings increased 1.5 times in 2024. I should note that the Bank of Russia maintains a very high real interest rate in the economy: in the last two years, it has been the highest in the world.

Taking into account our shareholders’ interests and in full compliance with the dividend policy, in February, the Company paid an interim dividend of RUB 36.47 per share. The Company has been paying dividends consecutively since 1999. The dividend base has remained unchanged since the 2011 dividend, which ensures transparency and predictability of the dividend amount. I am pleased to note that in the last year alone the number of our shareholders increased by almost a third and reached 1.5 million people.

Taking into account the negative macroeconomic environment, the Company forcibly adjusts its strategy to sustain its fundamental value. In 2024, in order to support its stock prices during the periods of sharp decline, the Company continued its Share Buyback Program previously approved by the Board of Directors. At the end of October – beginning of November 2024, when the Russian stock market hit its local lows, Rosneft successfully bought back about 2.6 mln of its shares at an average price of RUB 443.7. The Company used the same mechanism during 2020, when commodity markets suffered a COVID-pandemic related price crisis. At that time, the Company bought back about 0.76% of its shares at an average price of RUB 347.5. The current stake value exceeds the buyback price by more than 1.5х”.

Operating performance

Exploration and production

FY2024, liquid hydrocarbon production amounted to 184.0 mln tons (3,737 th. bpd) on the back of, primarily, the production cap in compliance with the decisions of the Russian Government.

In 2024, the Company’s gas production amounted to 87.5 bcm (1,455 th. boepd), maintaining Rosneft’s status as the largest independent gas producer in Russia. 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, in 2024, the Company’s hydrocarbon production amounted to 255.9 mln toe (5,192 th. boepd).

In 2024, production drilling footage exceeded 12 mln meters. Rosneft commissioned over 3 th. new wells, horizontal wells accounting for 72% of that amount.

In 2024, Rosneft conducted 1.2 th. linear km of 2D seismic and 5.3 th. sq. km of 3D seismic onshore Russia. The Company completed testing of 62 exploratory wells with a success rate of 89%.

In 2024, Rosneft discovered 7 deposits and 97 new hydrocarbon accumulations to the total of 0.2 bln toe under the AB1C1+B2C2 categories of the Russian reserve classification due to the high efficiency of the Company’s exploration activities. As a result, Rosneft’s hydrocarbon reserves under the Russian classification amounted to 21.5 bln toe (AB1C1+B2C2) at the end of 2024.

Following an audit under the international PRMS classification (Petroleum Resources Management System), the Company’s 2P hydrocarbon reserves amounted to 11.4 bln toe. The 2P reserves replacement ratio exceeds 100%.

Vostok Oil Project

As part of the Vostok Oil project, in 2024, the Company completed 0.7 th. linear km of 2D seismic and 0.6 th. sq. km of 3D seismic. Rosneft carried out successful testing of 4 wells, with 1 well being drilled and 3 more wells being tested.

In the reporting year, the project scope expanded from 52 to 60 license areas, and the resource base under the Russian classification increased to 7.0 bln tons of crude oil.

The Company continues pilot development of the Payakhskoye, Ichemminskoye and Baikalovskoye fields: in 2024, production drilling footage amounted to 92 th. meters, while 11 production wells were completed. Successful drilling and testing of wells at the Payakhskoye field resulted in transportation of produced oil to the nearby Suzun field.

Work is underway at the ‘Vankor – Payakha – Sever Bay’ trunk oil pipeline. As of the end of 2024, over 78,000 piles were installed; 359 km of pipeline were laid, including a 119 km long two-piped section. The Company completed laying and leak testing of the main pipeline crossing the Yenisei River, continues laying the backup pipeline.

The Company completed most of the work on the construction of two cargo berths, as well as a berth for the port fleet at the Sever Bay Port terminal. Construction of the first oil loading berth is underway, and preparatory work for the second one is carried out. Construction of a crude oil delivery and acceptance point and the Suzun oil pumping station is underway. The Company continues with the construction of logistics infrastructure and hydraulic engineering installations, shore reinforcement, and expansion of onshore and berth infrastructure.

Refining

In 2024, Rosneft processed 82.6 mln tons of crude oil in Russia.

Efforts have been made to maintain a high degree of reliability of refining assets and transition to domestic technologies. In particular, Rosneft provides its refineries with proprietary catalysts, which are essential for the production of high-quality motor fuel. In 2024, Rosneft produced more than 2 th. tons of catalysts for hydrotreatment of diesel fuel and gasoline fractions, as well as protective layer catalysts. Rosneft subsidiaries also produced 138 tons of gasoline reforming catalysts and 390 tons of catalysts for hydrogen production, petrochemicals and adsorbents. 1.6 th. tons of coked catalysts for hydrotreatment of diesel fuel were regenerated.

Stable supply of high-quality motor fuel to Russian consumers is one of Rosneft’s key priorities. In 2024, the Company sold 43.6 mln tons of petroleum products in the domestic market, including 13.1 mln tons of gasoline and 18.1 mln tons of diesel fuel.

The Company is an active participant of trading activities at the St. Petersburg International Mercantile Exchange (SPIMEX). In the reporting year, Rosneft sold 10.1 mln tons of gasoline and diesel fuel on the exchange, which is twice the required volume.

Financial performance

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

The Company’s revenue² for 2024 amounted to RUB 10,139 bln, representing an increase of 10.7% year-on-year on the back of higher Urals prices. EBITDA amounted to RUB 3,029 bln with an EBITDA margin of 29.7%.

The unit upstream liftng costs in 2024 amounted to $2.9/boe.

FY2024 net income attributable to Rosneft shareholders amounted to RUB 1,084 bln, which was 14.4% lower year-on-year and driven primarily by higher debt financing rates, as well as non-cash factors, including exchange rate revaluation of foreign currency liabilities and the effect of changes in the income tax rate.

In 2024, capital expenditures amounted to RUB 1,442 bln, which was 11.2% year-on-year higher due to the scheduled implementation of the investment program at Upstream assets. At the same time, free cash flow³ in the reporting period reached RUB 1,295 bln.

The net debt / EBITDA ratio at the end of 2024 remained unchanged in comparison with the end of Q3 2024, amounting to 1.2x, despite new negative macroeconomic factors.

ESG

Based on 2024 results, Rosneft reaffirmed its leading positions in sustainable development as well as high quality of information disclosure.

The Company once again became a constituent of the Moscow Exchange – RAEX “ESG Balanced” Index with the best performance among Russian oil and gas companies. Rosneft became the only Russian oil and gas company with an AA ESG-rating assigned by RAEX for its “very high” level of ESG risk and opportunity management, with Rosneft governance rating at the highest AAA level.

As a result of RAEX research, Rosneft was recognized as a leader of efficient management of water resources, becoming the only Russian oil and gas company among the top-10 rating participants with the highest scores in prudent water consumption, as well as in the quality of corporate policies and programs related to water consumption. The share of recycled and reused water at Rosneft production facilities consistently has exceeded 90% for 10 years.

Moreover, Rosneft became the only Russian oil and gas company with the highest A+ rating “Leader of Corporate ESG Practices in the Russian Federation” from the Corporate Development Agency “Da-strategy”.

In the reporting period, the Company proceeded with activities aimed at achieving 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 illnesses. In 2024, the Lost Workday Injury Severity (LWIS) went down by 23%.

In 2024, there were no gas, oil and water shows (release of oil, gas or water to the surface) during well drilling operations at Rosneft facilities. The Company continued with pipeline replacement as part of its efforts to minimize oil and petroleum product spills.

In 2024, Rosneft reduced the area of contaminated land by 9%, and the volume of oily waste – by 11% under the corporate program for the elimination of environmental legacy. In particular, the Company completed execution of a large-scale remediation program of legacy lands harmed during the Soviet years at the Samotlor oil field. Biological soil productivity was restored at the area of more than 2.2 th. hectares.

¹ Excluding the reimbursement of the excise duty on crude oil, which represents compensation for oil companies’ losses from motor fuels domestic price controls and refinery modernization costs.
² Includes sales revenue and income from associated organizations and joint ventures.
³ Adjusted 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
March 20, 2025

MIL OSI Russia News –

July 3, 2025

MIL-OSI Russia: ROSNEFT OIL COMPANY FIRST QUARTER 2025 IFRS RESULTS

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

ROSNEFT OIL COMPANY FIRST QUARTER 2025 IFRS RESULTS

HYDROCARBON PRODUCTION AMOUNTED TO 61.2 MLN TOE
LIQUID HYDROCARBON PRODUCTION AMOUNTED TO 44.6 MLN TONS
GAS PRODUCTION TOTALLED 20.2 BCM
EBITDA AMOUNTED TO RUB 598 BLN
NET INCOME ATTRIBUTABLE TO ROSNEFT SHAREHOLDERS INCREASED TO RUB 170 BLN
UPSTREAM LIFTING COSTS AMOUNTED TO $3/BOE

Rosneft Oil Company (hereinafter – Rosneft, the Company) publishes its results for Q1 2025, prepared in accordance with the International Financial Reporting Standards (IFRS).

	Q1 2025	Q4 2024	% change
	RUB bln		% change
Revenues from sales and equity share in profits of associates and joint ventures	2,283	2,494	(8.5)%
EBITDA	598	708	(15.5)%
Net income attributable to Rosneft shareholders	170	158	7.6%
Capex	382	390	(2.1)%
Costs and expenditures	1,927	2,038	(5.4)%

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

“In the reporting period, the Company operated in the context of continuous deterioration of the macroeconomic environment that included lower prices and wider discounts for Russia’s Urals crude oil, new sanction restrictions, as well as a stronger ruble.

The Bank of Russia independently sets the exchange rate of the national currency, considering, primarily, the realities of the financial system. The use of such exchange rate thus does not take into account the economic conditions of the Company’s operations leading to incremental costs associated with the calculation of the tax base, currency conversion, understating the value of oil in rubles and so on.

In the first quarter of 2025, the Company’s EBITDA was under the additional pressure from rising transportation expenses due to the tariff indexation by the natural monopolies. For example, Transneft oil transportation tariffs have gone up by 9.9% since January 2025, while petroleum product transportation tariffs and freight railroad transportation expenses have increased by 13.8% since the end of 2024.

Most natural monopolies tariffs, including even the tariffs imposed by the Russian Post, rise outstripping inflation: since early 2024, the price of sending an ordinary postal card has increased by 20%. Electricity tariffs were raised by 9.1% from July 2024 and are scheduled to be indexed by another 11.6% in July 2025.

Moreover, in accordance with the updated socio-economic development forecast, in 2025, indexation of regulated gas prices, electricity tariffs, and tariffs of grid companies is planned to exceed the forecast inflation rate, accelerating cost inflation.

In these circumstances, cost control remains our constant priority. In the first quarter of 2025, upstream lifting costs amounted to $3/boe in line with our strategic goal.

Net income increased quarter-on-quarter but declined year-on-year against the growing key interest rate. For instance, interest expenses on loans and borrowings went up 1.8 times year-on-year.

Shareholders’ interests remain a top priority for Rosneft. On April 25, the Board of Directors recommended that the General Shareholders Meeting make a resolution on paying a final dividend of RUB 14.68 per share. In this way, the total amount of dividends attributable to shareholders and based on last year results will amount to RUB 51.15 per share”.

Operating Performance

Exploration and Production

In Q1 2025, liquid hydrocarbon production amounted to 44.6 mln tons (3,681 th. bpd) on the back of challenging weather conditions in Central Russia, and oil production cap in compliance with the decisions of the Russian Government.

In Q1 2025, the Company’s gas production amounted to 20.2 bcm (1,366 th. boe/day). Greenfield projects in the Yamal-Nenets Autonomous District commissioned in 2022 account for around a third of the Company’s gas production.

As a result, in Q1 2025, the Company’s hydrocarbon production amounted to 61.2 mln toe (5,047 th. boe/day).

In Q1 2025, production drilling footage exceeded 2.8 mln meters. Rosneft commissioned over 0.6 th. new wells with horizontal wells accounting for 76% of that amount.

Vostok Oil Project

The Company continues pilot development of the Payakhskoye, Ichemminskoye and Baikalovskoye fields: in Q1 2025, production drilling footage exceeded 30,000 meters, while 4 production wells were completed. The Company launched pilot production at the Payakhskoye and Ichemminskoye fields with produced oil transported by trucks.

Work is underway at the Vankor – Payakha – Sever Bay trunk oil pipeline. As of the end of Q1 2025, 104,000 piles were installed, about 450 km of the pipeline were laid, including a 171 km long two-piped section. Most of the work on laying the backup pipeline crossing the Yenisei River was completed.

The Company completed most of the work on the construction of two cargo berths and a berth for the port fleet at the Sever Bay Port terminal. Construction of the first oil loading berth is in progress as well as preparatory work for the second berth. Construction of a crude delivery and acceptance point at Sever Bay Port terminal and the Suzun oil pumping station is underway. The Company continues the construction of logistics infrastructure and hydraulic engineering installations, shore reinforcement, and expansion of onshore and berth infrastructure.

Refining

In Q1 2025, the refining volumes amounted to 19.5 mln tons, demonstrating a quarter-on-quarter decrease. The refining volume trend is attributable to optimization of refinery utilization in view of the current pricing environment and demand, and the need for maintenance and repair works. The refining depth increased to 75.9%, while the light product yields reached 59.9%.

Sustainable supply of high-quality motor fuel to Russian consumers is one of Rosneft key priorities. In Q1 2025, the Company sold 9.8 mln tons of petroleum products on the domestic market, including 3.2 mln tons of gasoline and 3.8 mln tons of diesel fuel.

The Company is an active trader at the St. Petersburg International Mercantile Exchange (SPIMEX). In the reporting period, Rosneft sold 2.2 mln tons of gasoline and diesel fuel on the exchange that is 1.7 times higher than the required volume.

Financial Performance

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

In Q1 2025, the Company’s revenue¹ amounted to RUB 2,283 bln, down 8.5% quarter-on-quarter against lower Urals prices in rubles. At the same time, the rate of costs savings and expense reductions lagged behind the revenue dynamics, with one of the reasons being indexation of tariffs imposed by the natural monopolies. As a result, Q1 2025 EBITDA decreased to RUB 598 bln, with an EBITDA margin of 26%.

In Q1 2025, unit upstream lifting costs amounted to $3/boe.

In Q1 2025, net income attributable to Rosneft shareholders grew quarter-on-quarter, reaching RUB 170 bln.

In Q1 2025, capital expenditure amounted to RUB 382 bln due to the scheduled implementation of the investment program mainly at Upstream assets.

As of the end of Q1 2025, the net debt / EBITDA ratio amounted to 1.36x that is significantly below the minimum covenant under the loan agreements.

ESG

In the reporting period, the Company proceeded with activities aimed at achieving sustainable development goals under the ‘Rosneft-2030’ 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 illnesses. In Q1 2025, the Lost Workday Injury Severity (LWIS) went down by 68%.

Incident prevention measures resulted in a lower number of process safety events at the Company subsidiaries in Q1 2025. In particular, the frequency of incidents related to loss of containment of equipment with severe consequences of Tier 1 (PSER-1) reduced by 13% against Q1 2024, while the frequency of Tier 2 incidents (PSER-2) decreased by 19%.

In the reporting period, no oil, gas or water shows (release of oil, gas or water to the surface) were registered during well drilling operations at the Company sites. The Company continued with pipeline replacement as part of its efforts to minimize oil and petroleum product spills.

The Company leadership in sustainable development received independent external recognition. In April 2025, Rosneft became one of the leaders in the ESG ranking for the quality of personnel management according to RAEX, Russia’s largest non-credit agency.

¹ Includes sales revenue and income from associates and joint ventures.

Department of Information and Advertising
Rosneft Oil Company
May 30, 2025

MIL OSI Russia News –

July 3, 2025

MIL-OSI Russia: Sechin Points Out Lack of Scientific Basis for Climate Alarmism

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

From a scientific point of view, the large-scale introduction of RES will not have the expected effect on the climate. The refusal of the main initiators of the climate agenda from its implementation and the termination of preferential financing of “green” projects is confirmed by objective conclusions of a number of scientists. This was stated by Igor Sechin, Chief Executive Officer of Rosneft, during the Energy Panel of the XXVIII St. Petersburg International Economic Forum.

Sechin noted that the whole concept of “net zero” is based on the assumption of climate destruction due to the growing concentration of carbon dioxide. However, recent studies by Western experts have confirmed earlier conclusions by Nobel laureate John Clauser about the dominant influence of clouds on climate processes. “Even a slight decrease in cloud cover at altitudes below 2,000 meters can increase solar heating of the Earth’s surface by a few per cent. This effect is several times greater than the effect that doubling the concentration of carbon dioxide in the atmosphere would have on climate,” said the CEO of Rosneft.

According to the conclusions of American physicists Richard Lindzen and William Happer, achieving “net zero” in the U.S. by 2050 will avoid a temperature rise of only two hundredths of a degree Fahrenheit, and worldwide – only thirteen hundredths of a degree. The effect looks obviously disproportionate to the amount of costs required, Igor Sechin emphasized.

He also noted the ambiguity of the thesis about the reduction of the ice cover, which is often used by supporters of the theory of the “green” transition. Recent studies by Chinese scientists have shown that from 2021 to 2023 in Antarctica there was a significant increase in ice mass, 108 gigatons annually.

The CEO of Rosneft believes that the development of RES should be based on time-tested traditional energy sources in order not to undermine global energy security. Historically, the energy transition has always been the result of growing inter-fuel competition based on the principle of the greatest efficiency. Therefore, today, coal remains the largest source of electricity in the world and the second largest source of energy with a 25% share of the global energy mix.

“Global demand for the fuel set a new record of 8.8 billion tons last year and international agencies have once again been forced to revise expectations for peak demand,” Sechin summarized. Despite growing global concern over global warming, global coal consumption has grown by 75% since the Kyoto Protocol was signed in 1997 and by almost 15% since the Paris Agreement was signed in 2015.

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 –

July 3, 2025
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 –

July 3, 2025
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 –

July 3, 2025

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

MIL OSI Russia News –

July 3, 2025

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 –

July 3, 2025
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 –

July 3, 2025
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 –

July 3, 2025
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 –

July 3, 2025
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 –

July 3, 2025
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:

Microalgae exhibit rapid growth rates, allowing for the production of biomass in significant quantities in a short time frame.

It does not require arable land, as they can be cultivated in controlled environments.

Microalgae are capable of absorbing CO2 from the atmosphere, helping to mitigate the greenhouse effect.

It also plays a crucial role in bioremediation, cleaning up wastewater and contaminated sites.

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 –
July 3, 2025
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 –

July 3, 2025
MIL-OSI Africa: Zimbabwe: Arbitrary detention of journalist an assault on freedom of expression

Source: APO

.

Responding to the arrest and detention of Faith Zaba, editor of the weekly Zimbabwe Independent, on allegations of undermining the authority of or insulting the country’s President Emmerson Mnangagwa, Khanyo Farisè, Amnesty International’s Senior Researcher in East and Southern Africa, said:

“Amnesty International strongly condemns the arrest and detention of Faith Zaba for exercising her constitutionally guaranteed rights as a journalist. This is an assault on the right to freedom of expression and press freedom.

“Zimbabwean authorities must immediately release Faith Zaba and drop all charges against her as she is detained simply for doing her job. Journalism is not a crime. Authorities must allow journalists to carry out their work freely, safely and without fear of harassment, intimidation or reprisals.

“The arrest of journalists such as Zaba, and her colleague Blessed Mhlanga who was arbitrarily detained earlier this year simply for doing their job, are part of an ongoing pattern in which the criminal justice system is being misused to target independent media voices to instill fear and curb press freedom.

“These tactics pose a significant threat to a free media in Zimbabwe and the public’s right to information. Authorities must end the growing restriction on civic space in the country and allow everyone to freely exercise their human rights.”

Background

Faith Zaba was arrested on 1 July and detained in Harare on allegations of undermining the authority of or insulting the President. According to her lawyer, Chris Mhike, the charge relates to a satirical article published in the weekly’s Muckraker column last Friday. Her bail application has been postponed to 3 July, pending a review of her medical record due to her ill health. Zaba’s arrest comes after the recent arrest and lengthy detention of another journalist from the same outlet, Alpha Media House’s head of news at HSTV, Blessed Mhlanga, who spent 72 days in pretrial detention.

Distributed by APO Group on behalf of Amnesty International.

MIL OSI Africa –

July 3, 2025
MIL-OSI United Kingdom: UN Human Rights Council 59: UK Statement for Iraq’s UPR Outcomes Session
Source: United Kingdom – Executive Government & Departments

World news story

UN Human Rights Council 59: UK Statement for Iraq’s UPR Outcomes Session

UK Statement for Iraq’s Universal Periodic Review Outcomes Session. Delivered at the 59th session of the HRC in Geneva.
Thank you, Mr President.

We welcome the government of Iraq’s engagement with the UPR process, and their continued commitment to advancing justice and accountability for survivors of Daesh’s international crimes, following the closure of the United Nations Investigative Team to Promote Accountability for Crimes Committed by Daesh/ISIL (UNITAD) in September.

We are pleased to support Iraq’s efforts in building the capacity of the judiciary to investigate and prosecute cases of sexual violence, modern slavery and human trafficking. And we continue to advocate for the full and survivor-centred implementation of the Yazidi Survivors’ Law.

Mr President, the UK remains concerned by the shrinking civic and political space in Iraq which continues to restrict the freedoms of peaceful assembly and expression. We encourage the authorities to ensure that protestors, journalists, the media, and civil society are protected from interference and harassment, and that perpetrators of violence are held to account.

Likewise, minorities should be protected to freely practice their religion or belief, without fear of persecution.

The UK is closely assessing the implications of the amendment to Iraq’s Personal Status Law and will continue to stay engaged on this matter.

Thank you.

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Published 3 July 2025
MIL OSI United Kingdom –
July 3, 2025
MIL-OSI United Kingdom: Get help and advice at skin cancer awareness drop-in

Source: City of Wolverhampton

Members of The Royal Wolverhampton NHS Trust’s dermatology team will be available to discuss good skin health, the signs and symptoms of skin cancer, sun protection and self-examination. They will also be able to check skin lesions and perform mole checks.

It takes place at Wolverhampton Market opposite Central Library on Tuesday (8 July) from 9am to 2pm, and all are welcome.

Councillor Obaida Ahmed, the council’s Cabinet Member for Health, Wellbeing and Community, said: “This drop-in session is one of a regular series of events designed to raise awareness around cancer, and I would encourage anyone who has any questions about the signs and symptoms of cancer, screening, diagnosis and treatment to come along to speak to our friendly staff.

“Melanoma is a type of skin cancer that can spread to other areas of the body. It is mainly caused by ultraviolet light from the sun or used in sunbeds.

“Things that increase your chances of getting melanoma include your age and having pale skin, a large number of moles and a family history of skin cancer. It’s often possible to prevent skin cancer by being careful in the sun – for example, by using sunscreen and reapplying it regularly.

“Reducing harm from cancer through education and awareness, and promoting the uptake of cancer screening, are key public health priorities for us, and we continue to work with our NHS colleagues to take this important work forward.”

MIL OSI United Kingdom –

July 3, 2025
MIL-OSI Russia: Eastern Oil and Gas Forum is taking place in Vladivostok

Translation. Region: Russian Federal

Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

Source: People’s Republic of China – State Council News

VLADIVOSTOK, July 3 (Xinhua) — The 9th Eastern Oil and Gas Forum kicked off Wednesday in Vladivostok, the capital of Russia’s Primorsky Krai, to discuss major investment projects in the oil and gas industry in Eastern Siberia and the Far East, including the construction of processing facilities.

The forum, organized with the support of the Primorsky Krai government, is taking place on July 2 and 3. The event brought together more than 150 participants, including top managers of the country’s oil and gas companies, investors, and government officials.

Acting Consul General of the People’s Republic of China in Vladivostok Wang Jun said in his speech at the opening of the forum that profound changes are currently taking place in the global energy sector. Green transformation and technological innovations create new opportunities and challenges for this sector. The Far East, as a key node in the global energy supply chain, plays an important role in ensuring energy security and promoting low-carbon development. According to him, cooperation between China and Russia in the energy sector has broad development prospects.

The two-day forum will discuss key investment projects, industry development strategies, logistics issues, efforts to find and build new export routes in the context of the transformation of global energy. Attention will also be paid to the development of the oil and gas sector in the Russian Far East and Eastern Siberia. –0–

MIL OSI Russia News –

July 3, 2025
MIL-OSI Russia: Summer School of Engineering and Economics: Young Scientists from All Over the Country Will Gather Again at the State University of Management

Translation. Region: Russian Federal

Source: State University of Management – Official website of the State –

From July 21 to 25, 2025, the Summer Engineering and Economics School 2025 will be held at the State University of Management.

For the fourth time, the Scientific School will unite young scientists and engineers from different Russian universities to create inter-university and interdisciplinary collaborations to solve problems of achieving technological leadership and strengthening the value sovereignty of our country.

The School’s scientific areas are engineering, UAS, mechanical engineering, food security, artificial intelligence, and sustainable development.

Every year, the School is scaled up, new participants from universities in different regions of the country join the project. If in the first stream of the engineering and economic school, which took place in 2023, 3 universities took part – GUU, GGNTU named after academician M.D. Millionshchikov and SKMMI (STU), then this year the number of participants increased to eight:

BSTU named after V.G. Shukhov (Belgorod) VlSU named after A.G. and N.G. Stoletov (Vladimir) GGNTU named after academician M.D. Millionshchikov (Grozny) State University of Education (Moscow) Moscow State University named after A.I. Kuindzhi (Mariupol) NTU “Sirius” (Krasnodar region) SKGMI (GTU) (Vladikavkaz) St. Petersburg Federal Research Center RAS (St. Petersburg)

Let us recall that one of the results of the 2024 School was a joint interdisciplinary scientific project between the State University of Management and the State Petroleum Technological University named after Academician M.D. Millionshchikov within the framework of the RSF grant for the research, creation and development of technologies to reduce the carbon footprint.

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

MIL OSI Russia News –

July 3, 2025
MIL-OSI Russia: SPbPU defended a thesis on digital marketing of agribusiness in a Russian-Indonesian project

Translation. Region: Russian Federal

Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

The Higher School of Service and Trade (HSST) of the Institute of Industrial Management, Economics and Trade of SPbPU successfully defended the final qualification works of bachelors. The event became a key stage in the implementation of a large-scale joint research grant with the partner Indonesian University of Gunadarma.

Students of the Higher School of Social Sciences of the Institute of Mathematics, Economics and Telecommunications of St. Petersburg Polytechnic University Anastasia Pakhaturidi and Yulia Mavlyutova presented the results of their research carried out within the framework of the project “Cross-cultural research and promotion of smart agribusiness of growing marigolds based on digital marketing (a joint project of Indonesia and Russia)”. Both defenses were rated excellent.

The aim of the project is to study the potential of smart agribusiness and digital marketing in the flower industry, specifically focusing on marigolds, which have high economic importance for the cosmetic, pharmaceutical and food industries. The project is unique in its cross-cultural approach, synchronizing the agribusiness models of Russia (temperate climate, EAEU) and Indonesia (tropical climate, ASEAN) through the prism of digitalization.

Anastasia Pakhaturidi (supervisor — PhD in Economics, Associate Professor Nelli Kozlova) and Yulia Mavlyutova (supervisor — Doctor of Economics, Professor Svetlana Bozhuk) developed a strategy for promoting the project in the Indonesian and ASEAN markets using digital marketing tools. Optimal promotion channels for the B2B and B2C segments were identified, their specifics were described, and recommendations on content were given. An in-depth analysis of the Russian flower market and marketing tools for promoting marigolds was also conducted, including the development of a brand concept and a content plan for the VKontakte social network.

Working on the GUT Marigold project was not easy, but it left only pleasant impressions! The most interesting thing for me was studying consumers, since even at the initial stage it became clear how much the buyer in Asia differs from the Russian one I am used to. This expanded my worldview and gave me knowledge that I hope to apply in my profession in the future. I am grateful to my scientific supervisor Nelli Anatolyevna Kozlova for the opportunity, competent and qualified guidance and support, – shared Anastasia Pakhaturidi.

The research project will continue next year.

Yulia Mavlyutova noted: It was interesting to work on a part of a real project and feel my contribution to the common cause. Most of all I liked creating the concept of a new flower brand and making a content plan. I am very glad that I had the opportunity to work with Svetlana Bozhuk. She very competently guided me along the way and also gave very good advice.

This initiative not only has high scientific and practical value in the field of digital marketing and smart agriculture, but also strengthens the position of St. Petersburg as a center of innovation and international cooperation. The project opens up new opportunities for St. Petersburg enterprises in the agricultural sector and promotes the development of international programs in the field of agrobiotechnology and digital marketing in the city’s scientific and educational institutions, fully consistent with its strategic development goals until 2035.

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

MIL OSI Russia News –

July 3, 2025
MIL-Evening Report: Too much vitamin B6 can be toxic. 3 symptoms to watch out for
Source: The Conversation (Au and NZ) – By Nial Wheate, Professor, School of Natural Sciences, Macquarie University

Selena3726/Shutterstock

Side effects from taking too much vitamin B6 – including nerve damage – may be more widespread than we think, Australia’s medicines regulator says.

In an ABC report earlier this week, a spokesperson for the Therapeutic Goods Administration (TGA) says it may have underestimated the extent of the side effects from vitamin B6 supplements.

However, there are proposals to limit sales of high-dose versions due to safety concerns.

A pathologist who runs a clinic that tests vitamin B6 in blood samples from across Australia also appeared on the program. He told the ABC that data from May suggests 4.5% of samples tested had returned results “very likely” indicating nerve damage.

So what are vitamin B6 supplements? How can they be toxic? And which symptoms do you need to watch out for?

What is vitamin B6?

Vitamin B6, also known as pyridoxine, plays an important role in keeping the body healthy. It is involved in the metabolism of proteins, carbohydrates and fats in food. It is also important for the production of neurotransmitters – chemical messengers in the brain that maintain its function and regulate your mood.

Vitamin B6 also supports the immune system by helping to make antibodies, which fight off infections. And it is needed to produce haemoglobin, the protein in red blood cells that carries oxygen around the body.

Some women take a vitamin B6 supplement when pregnant. It is thought this helps reduce the nausea associated with the early stages of pregnancy. Some women also take it to help with premenstrual syndrome.

However, most people don’t need, and won’t benefit from, a vitamin B6 supplement. That’s because you get enough vitamin B6 from your diet through meat, breakfast cereal, fruit and vegetables.

You don’t need much. A dose of 1.3–1.7 milligrams a day is enough for most adults.

Currently, vitamin B6 supplements with a daily dose of 5–200mg can be sold over the counter at health food stores, supermarkets and pharmacies.

Because of safety concerns, the TGA is proposing limiting their sale to pharmacies, and only after consultation with a pharmacist.

Daily doses higher than 200mg already need a doctor’s prescription. So under the proposal that would stay the same.

What happens if you take too much?

If you take too much vitamin B6, in most cases the excess will be excreted in your urine and most people won’t experience side effects. But there is a growing concern about long-time, high-dose use.

A side effect the medical community is worried about is peripheral neuropathy – where there is damage to the nerves outside the brain and spinal cord. This results in pain, numbness or weakness, usually in your hands and feet. We don’t yet know exactly how this happens.

In most reported cases, these symptoms disappear once you stop taking the supplement. But for some people it may take three months to two years before they feel completely better.

There is growing, but sometimes contradictory, evidence that high doses (more than 50mg a day) for extended periods can result in serious side effects.

A study from the 1990s followed 70 patients for five years who took a dose of 100 to 150mg a day. There were no reported cases of neuropathy.

But more recent studies show high rates of side effects.

A 2023 case report provides details of a man who was taking multiple supplements. This resulted in a daily combined 95mg dose of vitamin B6, and he experienced neuropathy.

Another report describes seven cases of neuropathy linked to drinking energy drinks containing vitamin B6.

Reports to the TGA’s database of adverse events notifications (a record of reported side effects) shows 174 cases of neuropathy linked with vitamin B6 use since 2023.

What should I do if I take vitamin B6?

The current advice is that someone who takes a dose of 50mg a day or more, for more than six months, should be monitored by a health-care professional. So if you regularly take vitamin B6 supplements you should discuss continued use with your doctor or pharmacist.

There are three side effects to watch out for, the first two related to neuropathy:
1. numbness or pain in the feet and hands
2. difficulty with balance and coordination as a result of muscle weakness
3. heartburn and nausea.
If you have worrying side effects after taking vitamin B6 supplements, contact your state’s poison information centre on 13 11 26 for advice.

Nial Wheate in the past has received funding from the ACT Cancer Council, Tenovus Scotland, Medical Research Scotland, Scottish Crucible, and the Scottish Universities Life Sciences Alliance. He is a fellow of the Royal Australian Chemical Institute. Nial is the chief scientific officer of Vaihea Skincare LLC, a director of SetDose Pty Ltd (a medical device company) and was previously a Standards Australia panel member for sunscreen agents. He is a member of the Haleon Australia Pty Ltd Pain Advisory Board. Nial regularly consults to industry on issues to do with medicine risk assessments, manufacturing, design and testing.

Slade Matthews provides scientific evaluations to the Therapeutic Goods Administration as a member of the Therapeutic Goods Assessment and Advisory Panel. Slade serves on the NSW Poisons Advisory Committee for NSW Health as the minister-nominated pharmacologist appointed by the Governor of NSW.

– ref. Too much vitamin B6 can be toxic. 3 symptoms to watch out for – https://theconversation.com/too-much-vitamin-b6-can-be-toxic-3-symptoms-to-watch-out-for-260400
MIL OSI Analysis – EveningReport.nz –
July 3, 2025
MIL-OSI Europe: OLAF and EUIPO join forces to fight counterfeits in everyday products

Source: European Anti-Fraud Offfice

Press release no 19/2025
PDF version

The European Anti-Fraud Office (OLAF) and the European Union Intellectual Property Office (EUIPO) co-organised a two-day conference in Alicante, Spain to discuss current and emerging trends in intellectual property (IP) crime related to the sector of Fast-Moving-Consumer-Goods (FMCG). The event took place from 1-2 July and brought together more than 50 participants, including customs officers, police, market surveillance authorities, EU and international bodies and representatives from the industry.

The so-called Fast-Moving-Consumer-Goods (FMCG) include everyday items such as personal care and home care items, packaged food, snacks, soft drinks and household batteries. These items are often targeted by fraudsters due to high consumer demand, short shelf lives and high turnover that reaches hundreds of billions every year.

The economic scale of this sector makes it a lucrative target for counterfeit products, which are increasingly making their way into people’s homes. However, counterfeit goods not only harm legitimate businesses but can also pose serious risks to consumer health and safety as they oftentimes fail to comply with the European standards and regulations. The infiltration of fake products leads to significant economic damage – undermining fair competition, causing loss of revenue for legitimate producers, which ultimately results in job losses across affected industries.

To address this growing threat, OLAF and EUIPO co-hosted a two-day conference titled “The Counterfeit Closed: Uncovering Fake Products in Your Home and on Your Shelf”, held at the EUIPO premises in Alicante, Spain. The aim was to share information and best practices, discuss enforcement tools as well as practical insights on how to improve detection and strengthen cooperation to protect consumers and business from fake products. For more information, see the EUIPO news item.

“This conference is yet another concrete step in reinforcing EU’s fight against fraud involving intellectual property,” said OLAF Director-General Ville Itälä. “By working together across borders and sectors, we are better equipped to stop counterfeit goods at the source and protect European consumers, industry and markets.”

Background

The conference is part of an ongoing cooperation between OLAF and EUIPO, under a service-level agreement launched in 2022. Together, the two institutions organise major knowledge-sharing events each year, focused on strengthening enforcement against intellectual property crimes.

Read the news item issued by the EUIPO

OLAF mission, mandate and competences:

OLAF’s mission is to detect, investigate and stop fraud with EU funds.

OLAF fulfils its mission by:
•    carrying out independent investigations into fraud and corruption involving EU funds, so as to ensure that all EU taxpayers’ money reaches projects that can create jobs and growth in Europe;
•    contributing to strengthening citizens’ trust in the EU Institutions by investigating serious misconduct by EU staff and members of the EU Institutions;
•    developing a sound EU anti-fraud policy.

In its independent investigative function, OLAF can investigate matters relating to fraud, corruption and other offences affecting the EU financial interests concerning:
•    all EU expenditure: the main spending categories are Structural Funds, agricultural policy and rural development funds, direct expenditure and external aid;
•    some areas of EU revenue, mainly customs duties;
•    suspicions of serious misconduct by EU staff and members of the EU institutions.

Once OLAF has completed its investigation, it is for the competent EU and national authorities to examine and decide on the follow-up of OLAF’s recommendations. All persons concerned are presumed to be innocent until proven guilty in a competent national or EU court of law.

For further details:

Pierluigi CATERINO
Spokesperson
European Anti-Fraud Office (OLAF)
Phone: +32(0)2 29-52335
Email: olaf-media ec [dot] europa [dot] eu (olaf-media[at]ec[dot]europa[dot]eu)
https://anti-fraud.ec.europa.eu
LinkedIn: European Anti-Fraud Office (OLAF)
X: x.com/EUAntiFraud
Bluesky: euantifraud.bsky.social

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MIL OSI Europe News –

July 3, 2025

Category: Transport

From Safari to Magic

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1 Includes revenues from sales and equity share in profits of affiliates and joint ventures2 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.

1 Includes sales revenue and income from associates and joint ventures.

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.

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What is vitamin B6?

What happens if you take too much?

What should I do if I take vitamin B6?

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.

¹ Includes sales revenue and income from associates and joint ventures.

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.