Bloomberg: EU Imports Banned Russian Oil Through India
According to a Bloomberg report this week. The European Union is still fueling its economy off of Russian oil, despite the myriad of sanctions they have placed on the Russian…
Cyprus Seeks To Replace Russia As Gas Supplier To The EU
As the EU struggles with the reduction in natural gas supply from one of its largest historical suppliers, Russia, amid the war in Ukraine, Cypriot President Nikos Christodoulidis has proposed…
EPA To Allow E15 Fuel Sales Over The Summer To Lessen Gas Prices
On Friday, the Environmental Protection Agency (EPA) authorized gas stations throughout the country to sell gasoline blended with a mix of 15% ethanol over the summer under an emergency waiver,…
Power Prices For Next Winter Soar In France
On Wednesday, Bloomberg reported that in France, as the nation struggles to bring its aging nuclear power stations online, electricity prices are soaring, already hitting twice the cost of power…
Pakistan Makes First Purchase Of Russian Oil
On Wednesday, Pakistani petroleum minister Musadik Malik announced that as it sought to secure more economical sources of energy due to the present macroeconomic conditions, Pakistan has placed its first…
Bangladesh To Repay Russian Nuclear Reactor Loan In Yuan, Instead Of Dollars
On Monday, Nikkei Asia reported that Bangladesh intends to repay a loan for a nuclear power plant being built by Russia, in Chinese yuan as a way to sidestep Western…
Russian Oil Price Cap To Remain Unchanged At $60 Per Barrel
On Monday, Reuters reported that the price cap placed on Russian crude oil will remain at its current level of $60 per barrel, according to a Group of Seven (G7)…
Europe’s Largest Nuclear Reactor Begins Delivering Electricity, 14 Years Late
In a statement on Sunday, the head of Teollisuuden Voima (TVO), the operator of the Olkiluoto 3 (OL3) nuclear reactor in southwest Finland, announced the reactor had come online and…
French Energy Giant Hit Hard By Strikes
According to a new report in Reuters, sources say French electricity company Electricite de France (EDF) was hit hard by a recent series of strikes at its nuclear reactors and…
Russian Exports Of Coal To China Growing
Speaking while on a business trip to China, Maxim Basov, the CEO of Siberian Coal Energy Company, SUEK, the largest coal exporter in Russia, said his company is poised to…
