Source link Washington is committed to its sanctions policy, a senior official has told the FT Washington will pursue its sanctions policy on Russian energy “for years to come” as it seeks to halve Moscow’s oil and gas revenues by 2030, a senior US official told the Financial Times on Friday. The US has been […]
Source link Geopolitical tensions and supply challenges could have a direct impact on gas prices, according to an Oilprice report The start of the peak consumption season in the EU amid rising demand from Asia could drive up prices for natural gas on the continent despite ample supply of liquified natural gas (LNG) globally, Oilprice […]
Source link Berlin froze major spending commitments after the national off-budget fund was declared unconstitutional Limits on electricity and gas prices will not be extended until March 2024 as previously planned, but will expire at the end of this year, Deutschlandfunk radio station has cited Finance Minister Christian Lindner as saying in an interview to […]
Source link Hungary intends to clinch an agreement with Turkish state-run oil and gas firm by year’s end, foreign minister says Budapest is planning to clinch a gas-supply deal with Turkish state-run energy company Botas, the Hungarian Minister of Foreign Affairs of Peter Szijjarto has said. “Türkiye will continue to play an important part in […]
Source link Berlin’s current economic policies are unlikely ‘to lead to anything good,’ Russian businessman Oleg Deripaska says Germany’s latest fiscal policy decisions, coupled with persistently high energy costs, are likely to worsen the economic crisis in the country, Russian businessman Oleg Deripaska wrote on Telegram on Friday. According to the billionaire, Berlin’s efforts to […]
Source link Rosatom’s $30 billion project is intended to help the country diversify its energy resources The installation of one of the main elements of the second power unit at the El-Dabaa Nuclear Power Plant (NPP) in Egypt has started ahead of schedule, Russian state-owned energy giant Rosatom announced on Sunday. According to Andrey Petrov, […]
Source link Clean-energy stocks plummet as renewable energy projects prove to be too expensive, threatening America’s environmental aspirations Russian Market is a project by a financial blogger, Swiss journalist and political commentator based in Zurich. Follow him on X @runews The once-glorified clean-energy stocks are now facing their darkest days, plunging the industry into a financial abyss […]
Source link Budapest openly opposes sanctions and has continued energy cooperation with Moscow Hungary should end its dependence on Russian energy, EU Energy Commissioner Kadri Simson said during POLITICO’s Sustainability Future Week summit in Brussels on Tuesday. According to the bloc’s energy chief, it is “not [in Hungary’s] interest to continue this dependence.” “Even Hungary […]