Germany to pay a record €33.9 billion for Russian oil and gas in 2022
This year, Germany will pay a record amount to purchase energy resources from Russia, states Deutsche Wirschafts Nachrichten on Tuesday, April 19.
The media house...
After buying cheap Russian oil, India is turning to Russia’s coal, analysts say
India's hunger for coal is growing. After buying Russian oil at a discount, the Asian giant is heading for Russian coal. Indian coal imports...
Shell to buy Russian oil blend ‘Latvian’ to circumvent sanctions; stares at $5 billion loss
British-Dutch Shell has made adjustments to its contracts to buy oil from Russia. Bloomberg reports that, as per the contracts available, Shell will buy...
Russia might begin the ‘Pakistan Stream gas pipeline project’ in future
Russian Energy Minister Nikolai Shulginov said that Russia expects to sign a shareholder agreement to implement the Pakistan Stream gas pipeline project in the...
Canada approves controversial $12 billion Bay du Nord Atlantic oil project
The world's fourth-largest oil producer, the Canadian government has approved the launch of a controversial oil project in the Atlantic. It was announced today...