The Council of Ministers of Bosnia and Herzegovina has agreed to begin negotiations on building a gas pipeline to ship gas from Russia, the head of Republika Srpska’s representative office in Russia told state news agency RIA in an interview published on Monday. RIA cited Dusko Perovic as saying: “The …
Read More »Kazakhstan Pushes up Oil Exports Bypassing Russia
The first quarter of 2023 saw Kazakhstan ramp up oil exports bypassing Russia as the Central Asian country seeks to reduce its dependency on Moscow, data from industry sources and Refinitiv cited by Reuters showed. While Kazakh oil exports through the Caspian Sea and the Caucasus are relatively small, they …
Read More »EU Strikes Deal to Curb Energy Use by 2030
The European Union struck a deal on Friday to cut final energy consumption across the bloc by 11.7 pct. by 2030. Lawmakers believe the goal would help fight climate change and curb Europe’s use of Russian fossil fuels. Hitting the targets will require countries to renovate millions of drafty buildings …
Read More »Russia Halts Oil Deliveries to Poland
Russia stopped deliveries of oil to Poland via the “Druzhba” (“Friendship”) pipeline, as informed by the Polish biggest state oil company PKN Orlen. PKN Orlen informed the Polish Press Agency that the company was prepared for such a move and that deliveries to its refineries would continue on tankers. “The …
Read More »Romania to Construct Europe’s Largest Solar Plant
The western Romanian city of Arad is set to rise and shine as the location where Europe’s largest solar plant will be constructed, with the first stage of work to kick off in July. The full project is scheduled to be completed by 2026. The first panels will be installed …
Read More »Largest Power Storage Plant in Continental Europe Opens in Belgium
The white containers on the edge of a small Belgian town form the largest electricity storage plant in continental Europe, capable of meeting peak demand in the country without the need for gas or fuel oil. “Until now, the capacity to produce quickly was largely provided by oil or gas-fired …
Read More »Spain, France and Portugal Agree on a New Energy Route
Spain has agreed with Portugal and France to substitute plans for a gas pipeline known as Midcat with a new “green corridor” running between Barcelona and Marseille that would channel natural gas and hydrogen, Spain’s PM Pedro Sanchez said on Thursday. Unlike the Midcat project in the Pyrenees, the new …
Read More »US Charges Russians for Shipping Military Equipment, Venezuelan Oil
US prosecutors on Wednesday charged five Russian nationals for sanctions evasion and other violations related to the shipment of military technologies bought from US manufacturers by Russian buyers, some of which have ended up on the battlefield in Ukraine. Federal prosecutors in Brooklyn say the electronic components purchased by Russian …
Read More »Erdoğan, Putin Agree to Form Natural Gas Hub in Turkey
Turkish President Tayyip Erdoğan announced on Wednesday that he had agreed with Russian dictator Vladimir Putin to form a natural gas hub in Turkey. Speaking to members of his AK Party in parliament, Erdoğan said Putin had said Europe can obtain its gas supply from the hub in Turkey. Putin …
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