Tag Archives: Russia

The German government intends to provide political support to businesses working on the Nord Stream 2 gas pipeline, reports the Russian newspaper Kommersant. “The Federal Government does not know how the project will be implemented from a technical point of view but assumes that the Nord Stream 2 will be …

Russia’s Deputy Foreign Minister Alexander Pankin on Monday lashed out at US’s attempt for obstructing a loan by the International Monetary Fund (IMF) to the Islamic Republic of Iran and Syria amid the pandemic.

The impact of the move, announced at a time when oil prices are languishing at around $25 per barrel, on Rosneft’s upstream joint ventures with Venezuelan state oil company Petroleos de Venezuela was not immediately clear. The U.S. government has ramped up pressure on Venezuelan President Nicolas Maduro’s government, including …

Nord Stream 2, the underwater gas pipeline meant to connect Germany and Russia via the Baltic Sea, has received another blow as the German Federal Network Agency has rejected Nord Stream’s request for the project to be exempted from the EU’s Gas Directive, according to media reports. Nord Stream 2 …

Russian Energy Minister Alexander Novak expressed hope on Wednesday about a balance in the demand for oil in May and June, although he said that there is no point in predicting future prices. Novak noted that in May or June, several nations are expected to lift the restrictions imposed by …

Today many of the world’s major cities remain under lockdowns while their respective government is implementing work-from-home schemes.

Russia has slammed the United States’ policy of maximum pressure against the Islamic Republic, saying such measures have negatively affected the global non-proliferation regime and regional security.

Iranian Foreign Minister Mohammad Javad Zarif and his Russian counterpart Sergey Lavrov discussed the latest plot devised by Washington to put more pressure on Iran.

Oil is now a buyer’s market and China is the world’s largest purchaser of crude. As prices have plunged to multi-decade lows, the country may be reaping geopolitical advantages, if not economic benefits. China relies on imports for more than 70 per cent of domestic consumption. However, some commentators have …

China imported 31 percent more oil from Russia last month while its intake of Saudi crude slipped by 1.8 percent compared to March 2019, Reuters reported, citing calculations based on official customs data. Overall crude oil imports rose by 4.5 percent on the year to 9.68 million bpd. Of the …