They say the plant, near the border with Finland, is burning an estimated $10m (£8.4m) worth of gas every day. Experts say the gas would previously have been exported to Germany. Germany’s ambassador to the […]
Russia has been sending huge volumes of cheap crude to Asia in recent months, but Saudi Arabia is now eating into this new market share by reducing its oil prices. A combination of India importing […]
Gazprom’s recently announced unplanned three-day shutdown of the Nord Stream gas pipeline next week sent European natural gas prices to new highs as supply concerns returned in full. The new Russian gas curtailment to Germany […]
According to new data from the Chinese customs service, Russia continues to be the top supplier of crude oil to China in July. Imports of Russian crude arrived at a rate of 1.68 million barrels […]
While we are being distracted by Ukraine, President Putin has advanced his geopolitical goals materially. Aided and abetted by President Xi, Putin is taking the Asian continent into his control. That mission is well on its […]
Natural gas prices around the world are skyrocketing, but prices in Europe make up the lion’s share. These currently match those of oil if it were sold for $ 410 a barrel. Four times the […]
Gazprom revealed on Twitter that gas supplies via the Nord Stream pipeline will be suspended from August 31 to September 2 for maintenance works. “On August 31, 2022, the only gas compressor unit that is […]
European gas prices surged in early trading on Aug. 22 following the announcement late Aug. 19 by Russia’s Gazprom that it would close the Nord Stream pipeline completely for three days of maintenance on Aug. […]
Russia is looking to fast-track its pivot to Asia in order to offset the loss of revenues that its energy divorce with the EU is bringing about. But according to the International Energy Agency (IEA), […]
Russian state energy company Gazprom has announced that gas flows through the Nord Stream pipeline to the EU will be halted for three days from August 31st to September 2nd for necessary maintenance. The company […]
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