By Olga Samofalova
The final point in the rupture of gas relations between Russia and the EU that have enduredsince the 1960s will be symbolically take place in a year and a half, when the transit contract ends. Ukraine does not intend to negotiate with Russia to extend the gas transit contract. U...
By Ilya Tsukanov
The Global South, a broad, loose collection of nations including most of Africa, Asia and Latin America, emerged from the depths of academic obscurity to demonstrate their power amid the crisis in Ukraine by refusing to bend to Western wealthy countries’ will. How is the Global So...
By Vera Krasnova
In Veliky Novgorod, Acron opened the second stage of a complex for the production of granulated urea, the most concentrated nitrogen fertilizer. The capacity of the line will be 700 thousand tons per year, and together with the first stage launched in 2021, 1.4 million tons. Takin...
By Sergei Manukov
The slow growth of the Chinese economy in recent times has greatly disappointed the markets. So to try to restore the shattered confidence, the Chinese authorities have decided to fight the weak yuan by fixing the rate for the controlled currency. The main Chinese bank - People's...
By Rhod Mackenzie
Liquefied natural gas (LNG) tanker rental prices have started to rise earlier this year than in previous years. The reasons are the same as those for rising gas prices: expectations of growth in demand for gas in winter and the possibility of interruptions in its supplies from Au...
By Sergey Manukov
It looks like America's shale revolution, which has doubled shale oil production over the past decade, is indeed coming to an end. Now the oil industry is no longer thinking about increasing production. Now all thoughts are that it should not decrease or decrease as slowly as pos...