While demand for fossil fuels remains high and is climbing, investment in oil and gas projects around the world is worryingly low. The average global decline rate of oilfields is around 6%, which means oil […]
Lord Arthur Ponsonby was a British diplomat and politician, dates 1871–1946. This keen and cagey fellow pinpointed 10 rules of propaganda. They are these: 1. We don’t want war, we are only defending ourselves. 2. […]
Authored by Tsvetana Paraskova via OilPrice.com, Russia is accelerating its exports of diesel to Saudi Arabia by both direct shipments and ship-to-ship transfers, Reuters reported on Friday, quoting trade sources and shipping data from Refinitiv. […]
European Commissioner for Energy Kadri Simson attends a European Union energy ministers meeting on high energy prices, in Brussels, Belgium November 24, 2022. REUTERS/Johanna Geron BRUSSELS, March 9 (Reuters) – European Union countries and […]
A fascinating new report in Nikkei Asia has unearthed and detailed the findings of an elite Chinese state-linked think tank which reports directly to the People’s Liberation Army. Nikkei in the context of examining the […]
Ukraine has denied any involvement in September’s attack on the Nord Stream pipelines, which were built to carry Russian natural gas to Germany. The denial follows a report from the New York Times, which cites […]
European Union’s LNG imports from Russia last year rise by 31% and 35% compared to 2020 and 2021 volumes, respectively LONDON Liquefied natural gas (LNG) imports into the EU from Russia last year were the […]
A rebellion is brewing. The United States dollar has ruled the financial world for nearly eight decades since the end of World War II. Now, another war is setting the stage for many countries to […]
By Charles Kennedy of OilPrice.com, Russian tax revenue from crude oil and petroleum products plummeted by 48% in February from a year earlier due to the much lower price of Russia’s flagship crude grade after […]
Authored by Ryan McMaken via The Mises Institute, It’s been a year since the Russian invasion of Ukraine. In spite of claims from the regime and its media allies that Russia was the next Third […]
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