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OPEC+ postpones plans to increase production over supply unease

The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, known collectively as OPEC+, decided on December 5 to delay its planned...

Hungary, Slovakia sweetheart deal with Brussels keeps the Russian oil flowing through Ukraine

The energy crisis that has been caused by Russia’s 2022 invasion of Ukraine continued after Kyiv imposed in late June of this year a...

Russia sanctions – Now comes the hard part

As Russia’s invasion of Ukraine moves into the third week, a broad network of financial, travel and trade sanctions has been established in fairly...

Limp US Sanctions Bypass Russia’s Energy Majors

The US Treasury blacklisted Rosneft Chairman Igor Sechin but Russia’s top oil producer itself was not placed on the black list. Sechin, an oil...

Russian Energy Exempt From EU Sanctions

At the European Council meeting on 20-21 March, the Crimea crisis was discussed by EU leaders. However, the EU sanctions imposed on individuals over...

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