If Russian President Vladimir Putin was hoping for a political honeymoon after successfully rewriting the country’s constitution to potentially give him two more terms in office, he was mistaken. Just Continue Reading
Russia’s Lukoil said July 27 that it has reached an agreement with Cairn Energy to take a 40% stake in the Rufisque, Sangomar and Sangomar Deep (RSSD) project offshore Senegal Continue Reading
Military contractors linked to the Kremlin have seized control of two of Libya’s largest oil facilities in recent weeks, heightening tensions between Russia and the U.S. over Moscow’s growing footprint Continue Reading
The euro area economy is for once set for a sprightlier recovery from crisis than the U.S., thanks to starkly different responses to the coronavirus. America’s failure to get a grip on the Continue Reading
EU leaders’ decision to cut tens of billions of euros from a fund to help Europe’s green transition risks undermining Brussels’ attempts to accelerate emissions-cuttinggoals over the next decade, experts Continue Reading
German businesses are growing increasingly optimistic that government support at home and an unprecedented euro-area fiscal plan will bolster demand and drive an economic recovery later this year. Expectations at companies Continue Reading
The number of electric cars on Britain’s roads will jump to 30 million in the next 20 years, helped by government policies to phase out the sale of polluting cars. Continue Reading
France will dedicate 30 billion euros ($35 billion) in stimulus spending for environmental projects, Finance Minister Bruno Le Maire was quoted as telling Journal du Dimanche. Among the plans are an Continue Reading
Russia’s central bank doesn’t think that copying the Mexican oil hedge is a good idea, the Governor of Bank of Russia, Elvira Nabiullina said at a news conference on Friday, Continue Reading
Russia’s gas giant Gazprom will start producing “clean”, that is, zero-emission, hydrogen beginning in 2024 under a new government plan to develop a hydrogen economy. The plan sees Gazprom building Continue Reading
