Finance & Markets

Gazprombank Sanctioned: Implications for European Energy Market

Washington announced a new round of anti-Russian sanctions on November 21. The US Office of Financial Assets Control (OFAC) blacklist includes 118 Russian organizations...

European Oil Giants Abandon “Green” Dreams, Re-Embrace Fossil Fuels

European oil giants understood the unprofitability of the so-called low-carbon projects, which have been extensively promoted by the United States, by the end of...

US Chip Dreams Falter as Intel Struggles

The US semiconductor industry, despite significant challenges in 2023, including a downturn and supply chain issues exacerbated by the COVID-19 pandemic, is showing signs...

Rosneft’s Zvezda Shipyard May Join United Shipbuilding Corporation

Rosneft, which owns the Zvezda shipyard in Bolshoy Kamen, Primorsky Krai, is in talks to merge its facility with the VTB Bank-operated United Shipbuilding...

Hypocrisy in Europe: LNG vs. Pipeline Gas

The volume of liquefied natural gas (LNG) arriving in Europe is steadily increasing. The recent electoral victories of right-wing parties in Central European countries,...

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