Whilst Europe is frantically diversifying the energy mix in an attempt to prevent blackouts this winter, how does the current situation affect the upstream industry in Russia? We spoke to Konstantin Sobornov, who runs his […]
Ukraine is successfully pushing ahead in its counteroffensive to liberate Russia-occupied territories. Putin’s mounting defeats have prompted U.S. President Joe Biden to warn that the threat of the Kremlin using nuclear weapons was the highest […]
PRAGUE (AP) — European Union leaders struggled Friday to bridge significant differences over a natural gas price cap as winter approaches and Russia’s war in Ukraine fuels a major energy crisis, driving up prices for consumers and […]
The reason for Russia’s invasion of Ukraine was clear: Moscow wanted strategic depth. Nothing Russia has done since, however, has been clear. The military has suffered several reversals, but this alone is not unexpected. Reversals […]
Key takeaways Oil prices dropped negative at the height of the pandemic thanks to lockdowns. Oil companies were unprepared when lockdowns were removed and the government provided stimulus money to citizens. A handful of events, […]
MOSCOW, Oct 4 (Reuters) – The operators of two Baltic Sea gas pipelines that linked Russia and Germany until they both sprang major leaks last week said they were unable to inspect the damaged sections […]
Energy analysts believe deep production cuts from OPEC+ could yet backfire for U.S. ally Saudi Arabia. OPEC and non-OPEC allies, a group often referred to as OPEC+, agreed on Wednesday to reduce oil production by […]
European Union ambassadors have reached an agreement on a new package of sanctions against Russia, including a price cap. The political agreement on the price cap contains measures to soften the impact of the sanctions […]
The operator of the Nord Stream gas pipeline from Russia to Germany is unable to inspect damaged caused to the two-string link because it has not yet received the relevant approvals, it said late Oct. […]
A former Pentagon advisor says the most likely culprits behind the Nord Stream pipeline blasts are the United States and Britain, and that the attack was carried out to prevent Germany from bailing on the […]
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