With Rosneft having effectively taken control of Kurdistan’s oil and gas sector in northern Iraq through the deal done in November 2017, Russia had been looking to leverage this presence Continue Reading
The European Union proposed making its climate-neutrality strategy a key pillar of a 750 billion-euro ($824 billion) recovery plan in a bid to boost economic growth and create new jobs. Continue Reading
A recovery in power demand faltered in Europe this week with citizens still cautious about resuming normal life. pain showed the strongest growth from a week earlier with electricity use Continue Reading
After the hottest winter on record, the Russian spring has yielded a Siberian heatwave that’s reigniting fires still simmering from last year. The region has witnessed unusually warm weather this Continue Reading
It was mid-March, and Russia had reported just 114 covid-19 cases, but President Vladimir Putin wanted to make a grand gesture: bonus payments for medical workers “who are performing their Continue Reading
Unquestionably the current global health situation is going to cause a severe economic crisis not seen since the Great Depression. This is already apparent in the dramatic decrease in demand Continue Reading
The government of Ukraine, which is keen to wean itself off Russian energy supplies, approved on Wednesday a plan to import liquefied natural gas (LNG) from the United States, Reuters Continue Reading
The German economy is likely to shrink by 6.6% this year as a consequence of the coronavirus pandemic before growing by 10.2% in 2021, the Ifo Institute said on Thursday Continue Reading
The European Union has stepped back from the brink. Again. Unprecedented in nature and ambitious in scope, the 2.4 trillion euros ($2.6 trillion) in total recovery spending unveiled by the EU Continue Reading
Europeans need to urgently increase the solar power that their economies generate or face a reckoning with climate change they could regret. Those are the stark choices outlined by top European Continue Reading
