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...
No, Western sanctions have not worked on Russia, at least yet; U.S. to lift fertilizer ban
Western sanctions against Russia do not work, Polish Prime Minister Mateusz Morawiecki wrote on Twitter on April 3.
Morawiecki cited the ruble's exchange rate, which...
Gas war – Gazprom divests from Gazprom Germania, no gas for Shell
The Russian "Gazprom" has ceased participation in a 100% subsidiary of Gazprom Germania, which is the operator of several gas storage facilities in Germany,...