Europe

Russian oil output up to 11.28 million bpd in January, highest since August

MOSCOW (Reuters) - Russian oil and gas condensate output C-RU-OUT rose to 11.28 million barrels per day (bpd) in January, from 11.26 million bpd in December, Interfax news agency reported on Sunday, citing Energy Ministry’s data.

This is in line with what sources told Reuters last week and the highest since it reached 11.29 million bpd in August.

In tonnes, oil output rose to 47.72 million versus 47.63 million in December. Reuters uses a 7.33 conversion ratio in its calculations when converting tonnes to barrels.

Britain expects EU to offer Canada-style trade deal as promised: UK's Raab

LONDON (Reuters) - Britain expects the EU to “live up to” its undertakings to offer London a Canada-style free-trade deal, foreign minister Dominic Raab said on Sunday, reiterating that any deal will not require “high alignment” with the bloc’s rules.

After Britain officially left the EU on Friday, the two sides are expected to start negotiating a future trade deal in March, with Prime Minister Boris Johnson setting out his stall in a speech on Monday.

Pompeo says US can supply Belarus with 100% of oil, gas

MINSK, Belarus (AP) — U.S. Secretary of State Mike Pompeo said Saturday that the United States is willing and able to provide Belarus with 100% of its oil and gas, taking a slap at Russia which recently cut off supplies.

Pompeo is the first secretary of state to visit Belarus in 26 years and arrived in Minsk amid new tensions between Minsk and Moscow over energy. In a meeting with authoritarian President Alexander Lukashenko, Pompeo said he hoped to help provide an opportunity for Belarus to achieve the “sovereignty” and “independence” it seeks.

Two Russian Tu-160 strategic bombers complete 16-hour flight above Arctic

MOSCOW, February 1. /TASS/: Two Russian Tu-160 strategic bombers have performed a 16-hour flight above the neutral waters of the Barents Sea, the Norwegian Sea and the Arctic Ocean, the Russian Defense Ministry said.

"The flight assignment lasted more than 16 hours. During the flight, planes of the long-range aviation performed aerial refueling," the ministry said in a statement.

Russia: Upper stage of Soyuz rocket to be replaced after cancelled launch - source

MOSCOW, February 1. /TASS/: The upper stage of the Soyuz-2.1a carrier rocket, whose January 24 launch was postponed due to a technical malfunction, will be replaced, a space industry source told TASS on Saturday.

Earlier reports said that the Soyuz carrier rocket was scheduled to deliver the Meridian satellite to the orbit on January 24, but the launch was postponed before the rocket was fuelled. A rocket and space industry source identified the problem as a short circuit in a cabel in one of the third stage's systems.

Minsk ready to facilitate negotiations on Ukraine in any format

MINSK, February 1. /TASS/: Belarus is ready to facilitate any format for meetings and negotiations, including formats with participation of the United States, to resolve the conflict in eastern Ukraine, Belarusian Foreign Minister Vladimir Makei said at a briefing after talks with United States Secretary of State Michael Pompeo, who arrived in Minsk on an official visit.

Russia: Rosseti investment program to reach $17.19 bln in 2020-2024

MOSCOW, February 1. /TASS/: Rosseti Group will allocate 1.1 trillion rubles ($17.19 bln) to the investment program in 2020-2024, Head of Rosseti Pavel Livinsky said on Saturday.

"The approved investment program for the five-year period from 2020 to 2024 reaches 1.1 trillion rubles. It takes into account all investment needs, including comprehensive plan of the country and the development of regions based on mechanisms and development programs adopted by the regions," Livinsky said.

Swedish top diplomat says no plans for new US-N.Korean talks so far

STOCKHOLM, February 1. /TASS/: Swedish Foreign Minister Ann Linde told TASS she had no information so far about plans to hold another round of talks between the United States and North Korea in her country.

"No news for today," she said. "We are trying to create conditions under which the United States and North Korea would be willing to negotiate. We cannot force them, it should be their determination. And, at present, this determination is not particularly strong, especially on behalf of North Korea."

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