The German economy has passed the trough of its coronavirus recession and is starting to grow again, the Bundesbank said, endorsing the government’s sweeping fiscal stimulus that should underpin the Continue Reading
Russia’s Energy Minister Alexander Novak is predicting a shortage in the oil market next month, Ifax reported on Thursday. Novak said that the global oil markets could see a shortfall Continue Reading
A massive fuel spill in Siberia prompted Russia to declare a state of emergency in the region as the mining company involved said the catastrophe may have been caused by Continue Reading
Saudi Arabia and Russia have reached a preliminary agreement to extend the current level of the OPEC+ production cuts by one month, provided that the laggards in compliance ensure over-compliance Continue Reading
The European Union told automakers to do more to meet stringent emission targets after a new report showed carbon dioxide pollution from cars increased. Average emissions of new passenger cars registered Continue Reading
British Prime Minister Boris Johnson pledged Wednesday to overhaul immigration rules to grant almost 3 million Hong Kong residents a pathway to British citizenship, a response to Beijing’s move to impose a Continue Reading
Russia’s Rosneft ( ROSN.MM ), which closed its oil trading arm after sanctions were imposed by U.S. authorities in February, has set up a new Geneva-based trading business, four trading Continue Reading
Russian Energy Minister Alexander Novak said on Thursday that the global oil market could face a shortage of 3-5 million barrels per day (bpd) in July, depending on a deal Continue Reading
The Netherlands ordered a mass mink cull to extinguish a coronavirus outbreak linked to at least two human cases, hastening the demise of an industry ordered to cease by 2024. Continue Reading
Russia declared a federal state of emergency in the Krasnoyarsk region as pollution from a diesel spill in the Arctic city of Norilsk drew comparisons with the Exxon Valdez accident off Continue Reading
