In February, Russia produced oil at the same rate as in January, at 10.88 million barrels per day (bpd), an almost 30-year high, regardless of
Tag: Russia
Global Grain Traders Back Away from Fertilizer
A sharp decline in crop prices has created more distance between the world’s biggest grain traders and the global fertilizer industry to eliminate risk. Cargill
The EU Energy Union: More Than the Sum of Its Parts?
Dieter Helm (Centre for European Reform) The development of a common strategy for the European Energy Union had long been neglected by EU institutions. This
Big Brussels is Watching You? Enhancing Transparency in EU External Energy Deals
Sijbren de Jong (Swedish Institute for European Policy Studies) The Commission’s current task in the negotiation of bilateral agreements between EU Member States and the
The Southern Gas Corridor: The Azerbaijani-Turkish Project Becomes Part of the Game between Russia and the EU
Aleksandra Jarosiewicz (Centre for Eastern Studies, Warsaw) The Southern Gas Corridor is meant to bring gas from Azerbaijan’s Shah Deniz gas field to Southeastern and
Oil Prices at Their Lowest Levels Since 2004
Yesterday (21 December), oil price fell to its 11-year low responding to the flow of fresh supplies that will outstrip the world’s demand. The price
Russia Boosts Crude Sales to Asia Endangering OPEC’s Market Share
Russia has strengthened its position in Asia by shipping almost a quarter more crude in 2015, which blunted OPEC’s drive to gain consumers in the
OPEC Says Oil Output Highest in Three Years
OPEC increased its crude output more in November than in any month since late 2008 since it insisted on its policy to protect market share
Moscow’s Retaliation: Turkish Stream Pipeline Construction Suspended
Moscow has suspended construction works on the Turkish Stream pipeline, the proposed natural gas pipeline from the Russian Federation to Turkey across the Black Sea.
China-Iran Oil Deal Shows Discontent within OPEC
China has recently renewed its oil purchase contracts with Iran, thus boosting the confidence of Teheran to re-establish itself in global energy markets. At the