• Russian Transneft pays compensation to Ukraine for contaminated oil

    The Russian oil company Transneft paid the Ukrainian oil pipeline company UkrTransNafta a compensation in the amount of €2.3 million for the poor-quality oil supplied through the Druzhba pipeline, reads the statement of the UkrTransNafta on Facebook.

    Such compensation will cover the company's lost earnings due to the temporary suspension of transit in April, the company stated. The company specified that the amount of payment is determined under an additional agreement to the current transit …

  • Ukrainian Naftogaz files $5.2 billion lawsuit against Russia in the Hague

    Naftogaz of Ukraine and its constituent companies have filed a lawsuit against Russia at the Permanent Court of Arbitration in the Hague demanding compensation for the losses caused by the seizure of $5.2 billion of their assets in Crimea, Naftogaz announced in a statement.

    The Naftogaz Group has asked the court to obligate Russia to pay back this amount. The court is expected to make a decision concerning the compensation amount no earlier than the end of 2020.

    The court has already …

  • Russia not to appeal seizure of Neyma tanker by Ukrainian court

    The Russian government does not intend to appeal the ruling by a Ukrainian court to seize the Russian tanker NEYMA, which was used to obstruct Ukrainian military vessels in the Kerch Strait. However, the Kremlin will monitor the situation closely, said Russian Deputy Foreign Minister Grigory Karasin in an interview on the Russian radio station Kommersant FM.

    Moscow’s official stance on the matter is that, since the ship is private property, the onus is on its owner to appeal the seizure.

    “For …

  • US Senate committee backs sanctions on Nord Stream 2

    The US Senate Committee on Foreign Relations has approved a bill to impose sanctions on companies involved in the construction of Nord Stream 2, announced Hanna Hopko, head of the Foreign Affairs Committee of Ukraine’s Verkhovna Rada.

    “The Senate committee has supported the sanctions against Nord Stream 2 with a score of 20:2 in our favor. I will remind you that these same sanctions will stop the Turkish Stream in the part of it that harms our transit, if it is built,” she wrote on Facebook. …

  • Ukrainian General: Kyiv needs missiles that can strike Moscow

    Ukrainian Lieutenant-General, a veteran of the Foreign Intelligence Service of Ukraine Vasyl Bogdan in an interview with the newspaper Obozrevatel said that Ukraine must develop and adopt missiles that can hit targets in Russia.

    According to him, these missiles do not have to be equipped with nuclear weapons, but Kyiv should have a plan of creating such missiles.

    "Ukraine is free to design and produce medium-range missiles that could reach the strategic points of the aggressor country - …