Tag Archives: Europe

The European Investment Bank stopped short of agreeing a strategy to limit funding for fossil fuels. a plan that would help step up Europe’s ambition to fight climate change.

Moscow and Riyadh. a traditional US ally. have made a striking rapprochement in recent years.

US sanctions now routinely delay Western companies'. business with Russia.

Overall. 20 agreements were signed between the two nations across a variety of industry sectors.

Russia has attempted to reduce its exposure to the US through a de-dollarization policy to offset the impact of US sanctions.

A global oil output deal between members of OPEC and non-OPEC countries would be discussed at talks in Riyadh.

Ukraine should first and foremost make a decision on the future amounts of Russian gas to be procured under the direct contract.

There were no talks underway to change the global output deal.

Saudi companies were considering investments in joint gas projects with Russia. as well as for the production of ethanol. used in the liquefaction of natural gas.

The ongoing crisis in the South American country of Venezuela has also seen supplies from the nation drop from 7.6 MT to 6.2 MT.