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Classified document sheds light on US-Germany Nord Stream 2 conciliation effort
A classified document which was made public reveals how Berlin is working with Washington to avoid US sanctions over the Nord Stream 2 pipeline.
read more... 30/11/2021
Daily (24.11.2021): British gas prices spiked on Tuesday amid U.S. new sanctions on Nord Stream 2
Oil prices soared to hit one-week high on Tuesday as the statement by President Joe Biden that the administration will tap the Strategic Petroleum Reserve to calm 2021′s rapid rise in fuel prices fell short of some expectations. Hence, Brent crude increased by $2.61, or 3.3%, to settle at $82.31. U.S. WTI crude climbed by $1.75, or 2.3%, to settle at $78.50 a barrel.
read more... 24/11/2021
The EU’s Carbon Border Tax Could Deal A Devastating Blow To Russia’s Economy
The European Union's carbon border tax, to enter into effect in five years, was conceived with the idea of leveling the playing field for European industrial producers and importers who manufacture their goods in much laxer emissions-related regulatory frameworks. But the border tax could have a welcomed side effect for Brussels: it could have a more devastating effect on Russia's economy than sanctions.
read more... 31/08/2021
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Germany, US announce deal to allow completion of Nord Stream 2
Germany and the United States on Wednesday announced a deal to allow the completion of Nord Stream 2 (NS2) to Europe without the imposition of further American sanctions.
read more... 22/07/2021
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Shipping industry seeks to combat dark oil transfers at sea
Top oil shipping companies say they have tightened operational guidelines and deployed technology to prevent accidental breaches of sanctions, as the countries hit by ever tougher restrictions fight back with elaborate strategies to dodge them.
read more... 14/07/2021