Support The Moscow Times!
Contribute today

Surgut Pays Deposit on Bid

By The Moscow Times

Surgutneftegaz, the country’s most cash-rich oil company, paid a deposit to bid for the Trebs and Titov fields in the Arctic, Anatoly Ledovskikh, head of the Federal Subsoil Resource Use Agency, said Friday.

Gazprom Neft has also applied to develop the fields, spokeswoman Yekaterina Stenyakina said. The companies joined LUKoil, TNK-BP and Bashneft as bidders for the fields, whose starting price was set at 18.2 billion rubles ($587 million).

(Bloomberg, MT)


… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just 2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Continue

Read more

threatened strikes

Russia Vows to Attack Western Weapons in Ukraine

“We shall increase the intensity of strikes against logistics centers and storage facilities of the Western armament,” Defense Minister Sergei Shoigu...
1 Min read
prolonged detention

Russia Rejects U.S. Journalist Gershkovich’s Detention Appeal

Gershkovich, 32, a reporter for The Wall Street Journal, has been in Moscow's notorious Lefortovo prison for more than a year after he was arrested while...
2 Min read
'serious issue'

Russia Urges Citizens to Avoid Flying Turkish Airlines to Latin America

Moscow's Embassy in Ankara accused the airline of turning away Russian passengers from flights to Argentina, Brazil, Mexico and Panama without explanation...
2 Min read
Immortal Regiment

Russia Scraps WWII March Over Security Fears

Russia is canceling the nationwide Immortal Regiment march for a second straight year due to "security threats."
1 Min read