The European Union has frozen assets worth around 17 billion euros from Russian “oligarchs and other entities,” EU Justice Commissioner Didier Reynders said in a Saturday interview. The figure is roughly 3.2 billion euros higher […]
With the global economy in crisis, more oil and gas production is needed, a top US envoy said Oct. 31, sharing a stage with Saudi and UAE energy ministers, who defended the recent decision by […]
Western sanctions against Russia have been considered a powerful foreign policy tool by the US and the EU to paralyze Moscow back to the ‘stone age.’ Though sanctions against Moscow have entirely backfired, sparking the […]
Brazil’s electoral authority says Luiz In?cio “Lula” da Silva has defeated incumbent Jair Bolsonaro to become the country’s next president. The news on Sunday marked a stunning return to power for the 77-year-old, of the […]
The Bahraini government is using its “political isolation laws” and a series of other tactics to keep the opposition out of public office and other aspects of public life, according to a report by NGO […]
Bledniy, a 37-year-old Russian blogger, knew he was gay at 12 years old. “I was born in a small town, in the Altai territory,” he told Al Jazeera, of his home in Western Siberia. “As […]
Higher interest rates reduce the number of willing borrowers, and debt buyers balk at falling prices. The Federal Reserve has been a major buyer of debt in recent years. History is riddled with monetary policy […]
IEA’s WEO: Ukraine War and the energy crisis are speeding up the global energy transition. The fast-growing EV market is already causing bottlenecks in the supply of critical battery, and industrial metals. Since the IEA […]
ExxonMobil and Chevron each foresee a bit lower respective Permian Basin production profiles for 2022 than earlier stated, although both are still running high volumes of several hundred thousand barrels a day apiece of oil […]
Oil prices fell by more than $1 on Monday after weaker than expected factory activity data out of China and on concerns that the country’s widening COVID-19 curbs will curtail demand. Brent crude futures dropped […]
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