Tag Archives: Russia

Senior officials of the Islamic Republic of Iran and Russian Federation expressed their readiness to enhance bilateral cooperation in all fields especially in economic areas in spite of sanctions imposed against the country. Speaking a meeting with managers of 15 high-ranking Russian companies in various fields of energy, oil and …

EU ambassadors on Tuesday night (4 October) reached a political agreement on the bloc’s new round of Russia sanctions, including an oil price cap, which earlier had been opposed by a few seafaring member states. The draft measures agreed on Tuesday that will form the eighth package of sanctions since …

The ruptures on the Nord Stream natural gas pipeline system under the Baltic Sea have led to what is likely the biggest single release of climate-damaging methane ever recorded, the United Nations Environment Programme has said. A huge plume of highly concentrated methane, a greenhouse gas far more potent but …

The high energy prices are wreaking havoc with the world economy and it’s unlikely we can expect any reversal of fortune in the near future. And with the recent explosion of the Russian-based Nord Stream 1 and 2 natural gas pipelines in the Baltic Sea earlier this week, the energy …

The temporary optimism among European politicians and governments about a less volatile natural gas market during the winter of 2022-2023 has come to an end. Just as market fundamentals seemed to be strengthening as a result of rising storage volumes and lower demand, there are a number of new risks. …

NATO follows with “great concern” reports from the Baltic Sea on leaks in the Russian Nord Stream gas pipelines, Secretary-General Jens Stoltenberg said on Tuesday. Stoltenberg asserted that it is “extremely important to get all the facts on the table” and therefore NATO closely monitors the developments. His remarks came …

Western countries’ unilateral sanctions slapped Moscow with ignite even more man-made carbon dioxide emissions from the shipping industry as Europe rejiggers energy supply chains away from Russia by sourcing energy products from far away. Jan Dieleman, Cargill Inc.’s head of ocean transportation business, told Bloomberg that European importers are hiring …

The EU may have a plan to ban all Russian diesel purchases in February, but in the meantime, European buyers are happy to pay more for Russian diesel now than they did back in May, industry sources told Reuters. The ban on Russian seaborne diesel imports, set to go into …

The Russian Security Council claimed on September 19 that Moscow and Beijing had agreed on “further military cooperation” with a focus on exercises and senior contacts. The statement from Moscow follows a meeting last week where President Vladimir Putin was forced to publicly acknowledge Chinese concerns over his ongoing invasion …

Russian President Vladimir Putin said Friday Turkey would pay for a quarter of its Russian natural gas imports in rubles under a new set of deals designed to boost trade. Putin made the announcement in opening remarks of his meeting with Turkish President Recep Tayyip Erdogan on the sidelines of …