OPEC+, Russia Oil News: Vladimir Putin Orders Support
Russian President Vladimir Putin gave his government until June 15 to come up with a plan to support the country’s oil industry while the output is slashed under an agreement Continue Reading
Europe’s Last Dictatorship On Collision Course With Russia
As much as Russia’s dealings with its neighbors are predominantly perceived as an exercise in brandishing the good old “energy weapon”, Moscow has been having a hard time with its Continue Reading
Europe Set To Unveil Its $500 Billion ‘Green Deal’
The European Union is set to launch a down payment on a Green New Deal. As the world slips into a deep economic recession – and some indicators are as Continue Reading
Swedish antibody study shows long road to immunity as COVID-19 toll mounts
A Swedish study found that just 7.3 percent of Stockholmers developed COVID-19 antibodies by late April, which could fuel concern that a decision not to lock down Sweden against the Continue Reading
EU to Unveil World’s Greenest Virus Recovery Package
The European Union is poised to announce the world’s greenest recovery package next week, as it seeks to curb pollution and save its economy from the coronavirus pandemic. European Commission President Ursula Continue Reading
33% Of North Sea Oil Is Now Too Expensive To Extract
The oil price collapse will result in one-third of the North Sea oil left untouched because it will be uneconomical to produce, a new study from the University of Aberdeen Continue Reading
Is Russia Finally Complying With OPEC+ Cuts?
It looks like Russia is really trying to comply with its share of the OPEC+ production cuts this time, unlike in previous deals when it had regularly exceeded its cap, Continue Reading
Russia’s Nord Stream 2 loses court case against new EU gas rules
Russia’s Nord Stream 2 gas link developer has lost its court case against changes that apply EU gas market rules to the EU section of offshore links with non-EU countries. Continue Reading
U.K. Grid Struggles as Renewables Overtake Fossil Fuels
Renewables supplied more than 40% of electricity during first quarter of 2020, overtaking fossil fuels as storms battered the U.K. Output from wind farms was up by 40% compared with the Continue Reading
U.K. Fast-Tracks New Road Laws to Get Scooters on London Streets
Renewables supplied more than 40% of electricity during first quarter of 2020, overtaking fossil fuels as storms battered the U.K. Output from wind farms was up by 40% compared with the Continue Reading