We are in major turmoil (pun) around the world’s energy crisis. Where do you think oil and gas prices are going from here? Key influencing factors include; Decreased demand due to economic factors Germany’s major […]
Ethiopia’s unilateral filling of the dam’s reservoir will worsen water scarcity in Egypt and Sudan, threatening to set a dangerous precedent for regional water politics if the three states do not resume negotiations. Ethiopia completed […]
G7 finance ministers and central bank leaders voted unanimously to impose price caps on Russian oil at a virtual meeting on Friday. The price ceiling is ostensibly being imposed to limit Russia’s income from energy […]
According to present trends, the European Union is on course to meet or exceed gas storage reserve levels in preparation for the winter. However analysts are warning, meeting gas storage objectives will not be enough […]
Biden is no Putin. With this wild week of divisive, threatening speeches from Biden with a questionable backdrop to Putin not turning the Nord Stream 1 back on. The difference is that Putin knows what […]
As the Ukrainian war rages on, Europeans across the continent are appalled to discover that the man they found shockingly repulsive, Donald Trump, correctly warned that over-reliance on Russia’s energy would cripple their entire way of life. On Wednesday, Russia announced that […]
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 […]
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 […]
The European Union now faces up to ten years of “terrible” winters of energy insecurity as a result of its green agenda, with many nations in the bloc having gotten themselves addicted to Russian gas […]
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