Norway has boosted its production of natural gas at the expense of crude oil, in an effort to secure alternative supplies to compensate European countries for Russian gas, which meets nearly half of the old continent's needs. Europe is the…
Continue ReadingMoscow continues to make solid gains from selling Russian fossil fuels to the European Union, despite sanctions and lower imports. The European Union's imports of Russian energy have reached 60 billion euros ($64.4 billion) since Russia launched its war on…
Continue ReadingIndia is increasing cooperation in the fields of green hydrogen and clean energy with European Union and North American countries, in proactive steps for the United Nations Climate Change Summit COP27 to be held in Sharm El-Sheikh, Egypt, next November.…
Continue ReadingAlthough Europe's decision to ban Russian coal will affect a major source of Moscow's revenue, it risks soaring electricity prices on the old continent, amid tight global supplies. The European Union on Friday formally adopted the fifth package of sanctions…
Continue ReadingOnce again, gas prices in Europe jumped to new records; Where the price on the European stock exchanges broke records for the fourth consecutive day; Exceeding $3,600 per 1,000 cubic metres. The price of gas has risen more than 67%…
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