Russia overtook Saudi Arabia as China’s largest oil supplier in May, which marked the third consecutive month that Moscow has beat out Riyadh as the
Tag: Russia
OPEC Fails to Agree on New Output Ceiling
OPEC did not manage to agree on a straightforward production strategy yesterday (2 June) as Iran insisted on boosting its own output despite the fact
EU Parliament Demands a Halt of Nord Stream Project
The European Parliament criticized on Monday (9 May) the planned Nord Stream 2 gas pipeline project, leading from Russia to Europe, with many Members of
Europe’s Energy Union: Foreign Policy Implications for Energy Security, Climate and Competitiveness
Thomas Raines (Chatham House – The Royal Institute of International Affairs) For the EU, the energy sector is one of its key topics. The Commission
Chinese Potash Deals to Define Potash Industry This Year
Canadian, Russian and Belarusian fertilizer producers are expected to sign contracts with their Chinese customers in the near future. The price that China pays for
Latin American Countries Call for Oil Production Freeze
Ecuador, the smallest member of the Organization of Petroleum Exporting Countries (OPEC), said on behalf of Latin American nations that the oil-producing economies must take
Iran’s Problems with Storage Impact Crude Exports to Europe
Iranian oil exports to Europe have started to rise following a slow start after the sanctions were lifted in January. However, Teheran is now facing
Dividing the EU with Energy? Unpacking Russia’s Energy Geo-Economics
Toivo Martikainen and Antto Vihma (The Finnish Institute of International Affairs) Russia’s economic ideology is mainly focused on national security interests instead of modernization and
Russia’s Rosneft’s Debt Likely on Rise
The credit ratings agency Moody’s said yesterday (20 March) that the debts of Russia’s major oil producer Rosneft will probably go up as a result
A Common Energy Market in the Eurasian Economic Union
Maria Pastukhova and Kirsten Westphal (Stiftung Wissenschaft und Politik) On 1 January 2015, a new integration grouping – the Eurasian Economic Union (EEU) – was