Orban: Hungary to halt gas supplies to Ukraine until Druzhba oil supplies resume
Russian oil has not flowed through the Druzhba pipeline to Slovakia and Hungary for almost two months. Kyiv cites damage from a Ru…
Europe responds to soaring energy costs
Governments across Europe are taking action on high energy costs, though their approaches differ widely, with some opting for swif…
China’s quiet strategy in Hormuz
While the West argues over Hormuz and military missions, China’s oil imports from Iran continue. Pipelines, the port of Jask and a…
Will China be the first country to collapse because of the Iran war?
With a blockade of the Strait of Hormuz, Asian economies would be hit hardest. In absolute terms, China would face the largest dis…
Brussels has made slight concessions to member states. The climate law will be more flexible.
The European Union has set itself a new, transitional and legally binding climate target. By 2040, it aims to reduce net greenhous…
Gas reserves have fallen below 40 percent, prices have skyrocketed. Gas suppliers assure that there will be enough to last until spring
This winter, Europe is facing freezing temperatures and the whims of the American president. Both factors are having a significant…
EU ministers have definitively approved a ban on Russian gas. Slovakia and Hungary were against it
Gas from Russia should no longer be reaching the European Union in less than two years. Moscow, which supplied almost half of the …
The uninvestable project called Venezuela and its oil
Black gold is said to be one of the reasons for US interest in Venezuela. Not so fast, say the big oil players, it's time to take …
Sanctions are hampering Russia's ambitions. The target in natural gas production is shifting significantly
LNG was supposed to be one of the main pillars of Russia's energy strategy after the loss of the European market.
MEPs approve plan to end Russian gas imports
The legislation foresees a gradual phase-out of gas supplies over the next few years.
US sanctions are said to be driving Asia away from Russian oil. But India has imported the most of it in half a year
Donald Trump has not reinvented the wheel. The effect of US sanctions on Lukoil and Rosneft is narrowly limited and Russian oil wi…
It will not be easy to dictate European "net zero" to the world
After the initial shock of 2022, the natural gas supply situation to Europe has calmed down, albeit in a new price reality. Liquef…
Ukrainians are facing their toughest winter yet. Zelensky's mistake helped
Russian attacks are devastating Ukraine's energy infrastructure. Electricity production has fallen by a third since the start of t…
The end of cheap electricity in France? The maintenance of the nuclear fleet requires huge expenditures
France is filling the headlines with an increasingly hopeless budget situation and a huge voter resistance to any reforms. But in …
Oil crisis due to US sanctions postponed for a year. Thanks to Orbán
Viktor Orbán negotiated for Hungary an exemption from US sanctions on Lukoil and Rosneft at the White House, which also saves Slov…