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EU searches for alternatives before Russian gas to Europe via Ukraine stops

The Ukrainian government has repeatedly stated that it will not extend a transit agreement, which has provided political, commercial, technical and legal grounds for...

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...

EU-GCC to expand cooperation on green energy, minerals, and bringing peace to Ukraine

The EU heads of state and government and the Gulf Cooperation Council (GCC) held their first summit on October 16 in Brussels under the...

Romania talks bring green power line deal for Caspian Sea – EU energy

At a meeting in Bucharest, Azerbaijan, Georgia, Romania and Hungary reached milestone agreements on the establishment of a Green Energy Corridor, aiming at bringing...

The plot thickens again for Nord Stream sabotage

New developments and disclosures regarding the act of sabotage that blew up the Nord Stream pipelines from Russia to Germany nearly two years ago,...

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 failing to replace lucrative European gas deliveries with sales to China

Russia’s attempts to build the Power of Siberia 2 (PS-2) natural gas pipeline to China appear to be stalling despite repeated statements from Moscow...

Astana SCO Summit reaffirms its growing geopolitical role

The 24th summit of the Council of Heads of State of the Shanghai Cooperation Organization (SCO), chaired by Kazakhstan, took place on July 4...

Uzbekistan: A Key Player in the (Central Asian) Great Game

Uzbekistan has had considerable success in attracting billions of dollars of aid, concessional debt, and co-investment, which has helped transform the economy since 2017....

Eyeing competitors, OPEC+ countries will keep cutting oil production

Several OPEC+ countries are extending additional voluntary cuts of 2.2 million barrels per day, aimed at supporting what they are labeling "the stability and...

Mongolia to expand its economic and trade partnerships

Mongolia, the landlocked mineral-rich country bordered by Russia and China - the world's two preeminent authoritarian-run nations, is looking to expand its economic, trade,...

EU plan to centralize gas purchases near impossible to implement

The global gas supply market will be much tighter this year than it was in 2022. The need for the EU to buy more gas, especially more liquified natural gas, from elsewhere will be greater.

World better prepared for Russian energy weapon in 2023

China’s demand for energy, the amount of Russian oil that will be cut from global supply will be key factors which will determine where the oil price trades in 2023.

Oil prices shrug off cap as Russia fires back with price floor threat

Oil markets will likely stay volatile in the near term amid uncertainty over the impact on Russian output from the EU's ban, headlines on China's COVID policy and central bank movements in the U.S. and Europe.

After Russian hammer in Ukraine, sanctions talk brings sickle to oil prices

Oil prices slipped on February 25 after sharp rises early in the session as traders were concerned that sanctions against Moscow following Russia’s invasion...

Slow pump: OPEC+ will raise supply, can’t cool prices

The Organization of Petroleum Exporting Countries (OPEC) and its allies led by Russia, a group known as OPEC+, said on February 2 the ministers...

The Year of Good Energy?

The Covid pandemic, geopolitics, climate change, energy and the economy are likely to be key issues in 2022.“What we have to have when we’re...

Gazing into the Energy Crystal Ball for 2022

The Covid pandemic and geopolitical issues are likely to be key issues for the energy prices in 2022.“What we have to have when we’re...

Oil climbs as OPEC+ may delay further supply recovery if there is a slump in demand

Oil prices climbed on December 3 after the Organization of the Petroleum Exporting Countries (OPEC), and oil producing allies led by Russia, a grouping...

Germany suspends Nord Stream 2 certification delaying commissioning well into 2022

Germany’s Federal Network Agency (BnetzA) suspended its certification of the Nord Stream 2 natural gas pipeline from Russia to Germany on November 16 which...

Lukashenko would not dare cut gas supplies to EU without Kremlin’s permission

Belarus’ authoritarian President Alexander Lukashenko threatened to cut gas supplies to Europe transiting his country if the European Union imposed further sanctions in response...

Fearing recovery setback, OPEC+ sticks to plans to raise oil output gradually

The Organization of Petroleum Exporting Countries (OPEC) and its allies led by Russia, a group so called OPEC+, dismissed demands from the United States...

Uzbekistan to expand energy sector, renewables

The Uzbekistan government’s key priority remains the expansion of energy and, especially, in the renewables sectors, Chris Weafer, co-founder of Macro-Advisory in Moscow, said,...

Covid recovery, supply chain woes ratchet up oil prices

Oil prices hit multi-year highs this week as Covid recovery and coal, electricity and natural gas shortages are fueling demand for crude.“It has a...

EU mulls technical assistance to Moldova amid Russian gas shortage crisis

The European Union is looking for ways to help Moldova following a supply shortage of natural gas and the absence of a new energy...

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