By Rhod Mackenzie
In May 2023, China imported 5.761 billion cubic meters through pipelines. m of natural gas, which is a new maximum in the history of the country, according to the customs of China. The previous peak was recorded in August 2022 (5.53 bcm).
In May 2023 compared to May 2022 (5.065...
By Ahmed Adel.
The Kremlin spokesman Dmitri Peskov announced that Russia is suspending compliance with its commitments under the Black Sea Grain Initiative but will re-implement them once the agreement with Russia is fulfilled. Suspending participation in the food pact will allow Russian wheat pr...
By Pia Roces Morato
Our ever changing world has pushed many of us to spend time learning about how our lives have evolved over time and how we can improve the way we live in the future, without worrying too much about what others might do or think of us when we’re in a situation that doesn’t fit o...
By Rhod Mackenzie
The exports of diesel fuel from Russia in the first half of the year, despite the EU embargo and the price ceiling, increased by 11% in annual terms. Turkey was the biggest buyer, followed by Saudi Arabia and Brazil, which cleared second in July. It is also actively developing de...
By Rhod Mackenzie
The International Energy Agency (IEA) has warned that Europe could still face a very difficult winter if Russia cuts gas supplies to the continent and if cold weather sets in in the region.
Even if European gas storage facilities are 100% full by October thanks to lower prices...
By Rhod Mackenzie
The decision by Russia to suspend the grain deal, the agreements on which were in force until July 17, was quite predictable. The cancellation of the deal will not have any economic significance for Russia, since none of the conditions were favorable to it were fulfilled anyway,...