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OPEC Considers Suspending Russia From Oil Deal
Some OPEC members are mulling over the possibility of suspending Russia from the OPEC+ deal that limits the amount of crude oil that each member can produce, the Wall Street Journal reported on Tuesday, citing OPEC delegates.
read more... 02/06/2022
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Serbia's president says agrees to new 3-year gas deal with Russia
Serbian President Aleksandar Vucic said May 29 that a new three-year natural gas supply deal has been agreed with Russia, Serbia's Beta news agency reported.
read more... 30/05/2022
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Electricity market ‘not to blame for current crisis’
The EU’s integrated electricity market has helped mitigate energy prices, bringing benefits estimated at €34 billion per year, according to a report by the EU’s energy regulators, who outline 13 measures to alleviate the ongoing price crisis.
read more... 29/04/2022
Brussels prepares to hit Russia with ‘smart sanctions’ on oil imports
The European Union is preparing “smart sanctions” against Russian oil imports, The Times reported on Monday (25 April), citing the European Commission’s executive vice-president, Valdis Dombrovskis.
read more... 26/04/2022
EU Begins Drafting Embargo On Russian Oil
The European Union has started drafting its proposal for an embargo on Russian oil imports as its latest response to the war in Ukraine, the New York Times reported, citing Brussels officials and diplomats.
read more... 18/04/2022