Saudi Arabia and Russia are working on a landmark long-term deal that could extend the limitations on world oil supplies by major exporters for up
Tag: Russia
Defying Russia: Croatia’s Plan to Become EU Energy Hub Still Shrouded in Doubts
Croatia’s ambitious plan to import liquefied natural gas and become an EU energy hub has recently made some progress. Despite moving forward, the plan is,
The Russian Pipeline Conundrum: Denmark Wedged Between Friends and Foes
Denmark is under pressure to decide whether a new Russian pipeline supplying gas to Germany can be constructed near its Baltic coast. Copenhagen does not
Market Update: Azerbaijan in Talks to Join OPEC, Following Energy-Rich Sub-African Countries
Azerbaijan is in talks to join the Organization of Petroleum Exporting Countries (OPEC) as the cartel is looking to bolster its position against the backdrop
Exxon Forced to Halt Exploration in Russia’s Siberia Due to Sanctions
US sanctions against Russia prevented Exxon Mobil Corp from proceeding with its ambitious projects to explore the north of Siberia for oil. The American oil
Gazprom Cut Off Gas Deals with Ukraine, Europe-Bound Shipments Still Secure
Ukraine has not been supplied any Russian gas for more than two years but was about to receive new shipments this month. When Russian energy
‘Crimea’s Effect’: Naftogaz to Pay Gazprom $2.56 Billion in Court Settlement
Ukrainian state-run energy company Naftogaz said that Russia’s giant Gazprom would have to pay it $2.56 billion after a Swedish court ruled in Naftogaz’s favor
Expert Analysis: Lessons from Baumgarten Incident – Does Russian Gas Weaken Energy Security in Europe?
In mid-December last year, the Baumgarten gas hub in Austria experienced an explosion that led to a disruption in gas transmission that had a negative
Russia’s Ostrich Approach to Climate Change and the Paris Agreement
Russia’s leaders do not recognize the importance of climate change despite the latest evidence from Russian climate scientists. They argue that the country’s political leadership
Russia Bypasses US Sanctions with a $27 Billion China-Funded Arctic Plant
Russia has launched a giant Arctic gas project in its efforts to bypass Western sanctions and boost ties with China. The $27 billion Yamal LNG