© Sputnik / Rian Photo MOSCOW (Sputnik) – Russian oil companies are looking for new markets, finding new buyers and increasing exports to the Asia-Pacific region, Russian Deputy Prime Minister…
A total of 20 European companies have opened ruble accounts in Gazprombank, Bloomberg reports © Getty Images / artpartner-images Ten more European gas buyers have opened accounts in Russia’s Gazprombank, Bloomberg reported…
On April 25, the U.S. government announced that U.S. Africa Command (AFRICOM) will open an Office of Security Cooperation at the U.S. Embassy in Zambia. Brigadier General Peter Bailey, AFRICOM’s Deputy…
Scottish Power CEO warned that rising gas prices could drive energy bills to nearly £3,000 in October FILE PHOTO: Icicles on the fountain in Trafalgar Square as temperatures dropped below…
Ilya Tsukanov All materialsWrite to the author The EU has been wooing Nigeria in recent weeks as one of the nations whose natural gas could help replace Russian supplies amid…
Vyacheslav Volodin, speaker of the lower house of the Russian parliament Moscow says it can seize Russian-based assets of those countries the Kremlin deems hostile, reciprocating a proposal by the…
© AFP 2022 / ADEM ALTAN BERLIN (Sputnik) – Germany does not plan to pay for Russian gas in rubles and is currently doing everything to end its dependency on…
© Flickr / Adam CAIRO (Sputnik) – Algeria may terminate the contract for the supply of natural gas to Spain in the event of a violation of contractual obligations by…
The attempted transfer reportedly came from a trading firm that Germany seized from Russia’s Gazprom © AFP / Nikolay DOYCHINOV Gazprombank, Russia’s key bank that handles European gas payments, has…
Gas distributors in Germany, Austria, Hungary and Slovakia reportedly plan to open ruble accounts © Getty Images / Lesya Serebryantseva / EyeEm Some of Europe’s largest energy firms are planning to use…
Moscow halted supplies to the country after Sofia rejected the ruble payment scheme Employees walk at the construction site of a gas metering station, part of the pipeline link between…
Household energy providers warn of price spikes after autumn cap rise © Getty Images / Justin Paget As many as four in 10 people in Britain could fall into fuel poverty when…
The settlement switch may be possible without breaching sanctions, the European Commission says © Getty Images / Henrik Rusi / EyeEm European Union companies may be able to comply with Russia’s proposed…
Germany will suffer without Russian energy, Deutsche Bank warns…
© NATO Ekaterina Blinova All materialsWrite to the author NATO allies will discuss increasing arms deliveries to Ukraine when the bloc’s ministers of foreign affairs meet on 6 and 7…
The remains of Russian military vehicles are seen in the town of Bucha, close to Kiev, Ukraine on March 30, 2022. (Photo by AP) European buyers of Russian gas faced a…
It requires a ruble account to be opened in an unsanctioned Russian bank abroad © Getty Images Russian gas buyers from “unfriendly countries” will be obliged to open a ruble account in…
The bloc will have to buy rubles from Russia’s central bank © Getty Images / Chris Collins The switch to rubles for gas payments, announced earlier this week by Russian President Vladimir…
© AFP 2022 / ANDREY GOLOVANOVEkaterina BlinovaAll materialsWrite to the author US President Joe Biden’s European trip includes meetings with NATO, EU and G7 allies and is aimed at discussing…
Gas prices could top $4,000 per 1,000 cubic meters if Russian imports are banned, according to the former energy minister © Pixabay.com The exchange price for gas in Europe at…
Moscow has unveiled a new settlement mechanism for energy exports © Getty Images / scanrail German gas industry group Zukunft Gas said on Wednesday it was confused by the statement of Russian…
Government wants to ensure continued energy supplies to customers © Rafael Henrique / SOPA Images / LightRocket via Getty Images The UK is preparing to temporarily nationalize Gazprom’s British retail…
© AFP 2022 / INA FASSBENDER Subscribe Svetlana Ekimenko All materials Write to the author Germany’s biggest power supplier, RWE, previously announced that while it will keep in place earlier…
Bloc’s top diplomat Josep Borrell described the promises of NATO membership made to Ukraine and Georgia as errors Josep Borrell. © Getty Images / Europa Press News Josep Borrell, the…
The list of products and states that fall under restrictions will be revealed in two days © Getty Images / takenobu Russia is banning the exports of certain commodities and raw materials,…
The 30-year agreement will boost gas supplies by 10 billion cubic meters and will be settled in euros Russia’s Gazprom and the China National Petroleum Corporation (CNPC) signed a second…
Iran’s Petroleum Minister Javad Owji (R) and Azerbaijan’s Foreign Minister Jeyhun Bayramov sign a trilateral gas swap deal in the Turkmen capital of Ashgabat on November 28, 2021. A veteran…
Scientists have built a plant that can produce carbon-neutral liquid fuels from sunlight and air. The next goal will be to take this technology to industrial scale and achieve competitiveness.…
Adviser to Prime Minister of Pakistan for Commerce and Investment Abdul Razak Dawood exchanges documents with Iran’s Minister of Industry, Mining and Trade Reza Fatemi Amin in Tehran, Nov. 7,…
By Alex Kimani for Oilprice.com As the surge in oil prices continues amid increasing demand and a supply crunch, energy stocks have been soaring – and the world’s oil tycoons are laughing all…