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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...

Central Asian leaders travel to China to pay homage to Xi’s BRI vision

China’s leader Xi Jinping threw a 10th anniversary bash for the Belt & Road Initiative (BRI), his $1-trillion plan to leverage Beijing’s financial resources...

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.

The world’s poorest nations are suffering from Europe’s shortsighted sanctions regime

In the nearly three months since Ukraine, Russia, Turkey and a delegation from the UN met in Istanbul to hammer out an agreement that...

Ex-Magna CEO could take control of Volkswagen’s assets in Russia 

The Russian media reported that Volkswagen AG could sell its Russian business – including an assembly plant and an internal combustion engine producer –...

Could the EU backtrack on personal sanctions against some Russians?

The European Union is in talks about removing sanctions on some 40 Russians. The individuals were sanctioned on the basis of their alleged involvement...

We need a real debate about the Ukraine War

It’s time to challenge the orthodox view on the war in Ukraine. As Russia’s illegal and brutal assault enters its fifth month, the impact on...

Reliance on Russian oil and gas impacts Slovak economy

In addition to borders, Slovakia shares a long and at times complicated history with its neighbouring countries. Many of these issues were resolved or...

Breaking contract, Russia turns off gas for Bulgaria, Poland

Russian gas monopoly Gazprom said on April 27 Gazprom Export has fully halted gas supplies to Bulgaria’s Bulgargaz and Poland’s PGNiG until the payments...

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...

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...

New US sanctions against Nord Stream 2 to keep pressure on Russia

The United States on November 22 imposed new sanctions on the controversial Nord Stream 2 natural gas pipeline between Russia and Germany.The US, Ukraine...

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...

Russia’s hand in Nord Stream 2 could be nightmare alley for EU

The European Union needs to boost energy security and provide alternatives and others, Justin Urquhart Stewart, co-founder of UK Regional Investment Platform Regionally, told...

No waves here: US waives sanctions for Nord Stream 2, CEO too

The US Department of State submitted on May 19 a report to Congress pursuant to the Protecting Europe’s Energy Security Act (PEESA), as amended,...

US sanctions against Russia less damaging that had been expected

The sanctions announced last week were milder than had been expected, with the exception of the ban on US investors buying Russian state issued...

Berlin, Moscow await next US steps on Nord Stream 2

As the new US administration under Joe Biden is reportedly weighing additional sanctions against the Nord Stream 2 pipeline from Russia to Germany, the...

Shrugging off US-EU sanctions, Russia vows to retaliate

Russia shrugged off the impact of US and EU sanctions over the poisoning and imprisonment of Kremlin critic Alexey Navalny, noting that it would...

Commission not to stop Nord Stream 2 if pipeline complies with EU law

Despite calls from the European Parliament to stop the Nord Stream-2 gas pipeline from Russia to Germany, the project is subject to national law...

Gazprom’s TurkStream draws less heat than Nord Stream 2

Gazprom’s TurkStream natural gas pipeline to Turkey and Southeast Europe has drawn less opposition, certainly compared with the controversial Nord Stream 2 from Russia...

After Navalny arrest, MEPs want plug in Nord Stream 2 pipeline

The European Parliament passed a resolution on January 21 calling on EU member states to immediately stop work “once and for all” to complete...

Lay that pipe: Work on Gazprom’s Russia-German gas line will resume

From January 15, two gas pipelines for Nord Stream 2 will be laid and trenched by the pipe-laying vessel Fortuna, assisted by the construction...

US sanctions aim at stifling Nord Stream 2 gas line

Sanctions that could halt the controversial Nord Stream 2 natural gas pipeline from Russia to Germany have been reportedly included in the annual US...

Polish fine against Gazprom over Nord Stream 2 unlikely to ever be paid

Poland anti-monopoly watchdog has fined Russian gas giant Gazprom $7.6 billion over the Nord Stream 2 gas pipeline, which is unlikely to ever be...

Germany’s LNG quid pro quo to US to stave off Nord Stream 2 sanctions

Berlin reportedly offered to spend €1 billion to build two liquefied natural gas (LNG) terminals if Washington agreed not to impose sanctions on the...

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