Russia exported more oil this month than in any other August on record, according to the Institute of International Finance. The IIF said the capacity of oil tankers leaving Russia was just under 160 million […]
WASHINGTON (Reuters) -Finance ministers from the Group of Seven club of wealthy nations will discuss the Biden administration’s proposed price cap on Russian oil when they meet on Friday, the White House said. “This is […]
Essay by Eric Worrall Mikhail Gorbachev will be remembered by most as the last leader of the Soviet Union. But he was also one of the founding architects of United Nations Climate Action Machine. […]
According to reports, Coca Cola will continue to operate in Russia, selling its iconic beverage under the Dobry Cola label, according to the founder of the Teremok fast-food chain, Mikhail Goncharov. Goncharov said on Friday, “We […]
One month ago, we were surprised to read how, despite a suppressed appetite for energy amid its housing crash and economic downturn (for which “zero covid” has emerged as a convenient scapegoat for emperor Xi), China […]
Megabank Citigroup has announced that it will wind down commercial and consumer operations in Russia, according to a report in the Wall Street Journal. The paper reported that the banking giant will incur about $170 […]
Bulgaria has indicated it wishes to begin holding talks with Russian state energy giant Gazprom about resuming natural gas deliveries according to Energy Minister Rosen Hristov in an interview with Nova TV. He told the […]
Russian nuclear power giant Rosatom will begin constructing two new nuclear reactors in Hungary in the coming weeks, Hungary’s foreign minister said. The deal, reached between Russia and the EU state in 2014, aims to […]
India is in talks with Russia to resume gas supplies under the long-term import deal between Gazprom (GAZP.MM) and GAIL (India) Ltd (GAIL.NS), the state-run Indian company’s chairman said at an annual shareholder meeting on Friday. GAIL, India’s […]
Russia and Iran are have begun talks to create an OPEC-like cartel for natural gas which would allow them to coordinate an “extraordinary” level of reserve output, giving them tremendous control over the tightness of […]
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