The EU Unites After Ukraine’s Wreckage

On July 20, 2022, the European Commission announced the idea of a plan to minimise gas usage at its offices, which are situated in the Berlaymont, which is located in Brussels, Belgium. This announcement was made in order to have the European Union prepared for supply limits. Because of the attem...

As Russian cuts get worse, the EU and Norway agree to enhance gas exports

On Thursday (23 June), the European Union and Norway reached an agreement to work together to send additional gas from western Europe's largest producer to the EU's 27 member states, nearly half of which are now dealing with Russian gas supply cuts.

After Russia restricted gas d...

Oil and gas exports from the United States are driving up domestic prices

The United States' oil and natural gas business has long pushed for and received relief from government export limitations, which were imposed in the last decade. The purported explanation was that the United States will have enough oil and gas to spare due to the so-called "shale revolu...

According to a high-ranking politician, Pavel Zavalny, Russia is considering accepting Bitcoin as payment for its oil and gas exports

"Friendly" nations might be permitted to pay in cryptocurrency or their local currencies.

Earlier this week, Russian President Vladimir Putin stated that he would want "unfriendly" countries to purchase Russian gas in roubles.

The action is said to be inten...