Search result for Russia

The 2022 Brics Games in China will be streamed online
According to Chinese organisers, an online version of the Brics Games will promote intercultural dialogue and secure interpersonal interactions.
The 2022 Brics Games will begin on September 1 with competitions and displays of breakdancing, chess, and wushu, organised by China as the hos...

Russia's disruption of the fossil fuel market shouldn't affect Canada's energy transition
Canada can no longer hope to survive if we continue to use fossil fuels like it's 1922 because the world has fundamentally changed.
The question of whether Canada can afford to move away from fossil fuels has become popular as Vladimir Putin's conflict in Ukraine has hijacked th...

Will Norway take advantage of the energy crisis?
If the government can strike a compromise between its climate change goal and economic concerns, Norway has the potential to play a larger role in the European gas market.
In summary, Norway has the means to export additional gas to Europe, but supply and demand challenges still exist. ...

Ukraine's invasion has not eased down despite EU sanctions on Russia
The head of EU foreign policy recently predicted that Russia will fall sooner rather than later in an interview with DW. The sanctions will finally succeed, according to several international researchers. Others are not as certain.
Since Russia invaded Ukraine at the end of February, th...

Energy threats from Russia won't harm Europe
At a meeting in Brussels, Belgium, European Commissioner Kadri Simson discusses how Russia is restricting gas exports to Europe and possible solutions. [Yves Herman/Reuters file]
The threat to the security of the world's energy supply has never been greater than it is right now.
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Premium for VLSFO
As a response to expectations that supply limitation will relax in the next weeks, the very low sulphur fuel oil (VLSFO) cash premium continued its losses on Tuesday, bringing it down to a level that hasn't been seen in two months. This was done in response to forecasts that supply constraint...

Why does the United States believe its proposal to impose a price restriction on Russian oil will be successful
According to a Senior Biden energy advisor, the United States is still "a ways away" from obtaining a global agreement to impose a price restriction on Russian oil exports, and the world's two largest energy consumers, India and China, have shown little interest in the idea thus far...

Supply From Nigeria to Replace Russian Gas Supply in the EU
The Deputy Director General, Matthew Baldwin, of the European Commission’s energy department, stated that EU member countries are seeking an increase in Nigerian gas supply as they plan to cut its import from Russia.
Currently, 14 percent of the European Union’s LNG supply c...

Hedging In Oil Geopolitics: The Role Of BRICS In The New World Energy Order
Little has come of President Biden's trip to the Middle East last week, which included a stop in Saudi Arabia. The Kingdom made it plain shortly after Biden's visit that it would not take unilateral action outside of the OPEC+ group, which also includes Russia and related minor producers....

Politics in the Middle East: From extreme to hybrid
The Cold War-era partnerships that were highly strategic now seem to be evolving into hybrid, fluid, pragmatic relationships that are unexpected.
Major Middle Eastern players are keeping their distance and refusing to take sides as a new Cold War-style conflict has taken over relations ...

EU customers' gas supply cannot be guaranteed, according to Russia's Gazprom.
The announcement coincides with a 10-day maintenance period for Nord Stream 1, which transports Russian gas to Germany and other countries.
According to a letter seen by Reuters, Russia's Gazprom has informed clients in Europe that it cannot guarantee gas supplies due to "excep...

Oil increases due to supply concerns in Russia and a falling currency
Oil prices continued to rise on Monday, supported by growing worries about Russian gas supplies and a weaker currency, which outweighed demand worries brought on by a potential recession and Chinese lockdowns.
After rising 2.1 per cent on Friday, Brent crude futures for September settle...

As Russia is accused of shelling Ukraine from a nuclear plant, the EU considers sanctions
Ukraine claims that Russia is storing weaponry, including "missile systems," at the largest nuclear power facility in Europe. (AFP)
The station was utilised by the Russians to launch missiles against the Dnipro region.
As the war on KYIV rages, the EU's foreign m...

Kremlin Decides to Cut Spending by 24 Billion Euros As it Continues to Face Western Sanctions
The Kremlin is set to cut its future spending plans by 24 billion Euros as sanctions from the West continue to hit Russia. The Russian media has claimed that the country will be cutting its defense, transport, and technology budgets in the future.
Over 1.6 trillion Rubles have been redu...

Can the G7's plan to control the price of Russian oil be implemented
The West has announced plans for price restrictions to try and stop Russia's increasing oil earnings, which directly fund its expansionist goals, as military battles in the Ukraine war continue.
At a recent session in Bavaria, the Group of Seven (G7), a collection of the wealthiest ...

The Russian-Ukrainian war, which began in February, is the second blow
The disruption of the supply chain and the rising cost of food and energy brought about by these two woes—along with the sanctions—have resulted in a third woe—global inflation that is out of control, especially in the countries of the European Union (EU).
The likeliho...

Does India break the oil embargo imposed by the EU?
India's refinery trade creates various issues, including the low-cost importation of Russian crude and the high-priced exportation of the finished product to the US and EU. The fact check by DW has a few solutions.
Since Russia invaded Ukraine on February 24, Indian refineries have ...

For crucial minerals, the European Union looks to Australia rather than Russia
As talks on a free trade agreement pick back up, the European Union wants to stop depending on Russia for the supply of essential raw resources like lithium and iron ore and instead turn to Australia.
The crisis in Ukraine and Australia's sanctions on Russia as a result of that conf...

Europe Must Go Into War Mode Economically
A European boycott of Russian coal, oil, and gas was meant to be the next move in the battle between the West and Russian President Vladimir Putin. Putin may instead impose a gas embargo on Europe. In the end, it's very similar.
The European Union must recognise what some of its mem...

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...