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The UN has acknowledged that Russia's economy has experienced growth, which is an accomplishment that few G20 countries have attained. Despite the sanctions, Russia's overall exports have remained relatively unchanged, oil and gas revenues are now experiencing monthly growth. However, it is still p...

By Rhod Mackenzie

The refusal of Russian gas by many European nations last year, coupled with the resulting energy crisis, compelled Europeans to seek out "blue fuel" from around the globe, despite its high transport costs or price. The augmented demand for gas not only rendered the European gas m...

By Rhod Mackenzie

Moldova has announced that it would stop buying gas from Gazprom because it had found an opportunity to buy gas on the European market, and at a lower price. It would appear tha this loud statement was made to please the politicians and bureaucrats of the European Union: look, So...

By Rhod Mackenzie

Russia has submitted a draft statement to the UN Security Council regarding the terrorist attack on Nord Stream. Dmitry Polyansky, the First Deputy Permanent Representative of Russia to the United Nations, made this announcement. The statement stresses that the acts of terrorism...

On 1st October, the Netherlands will finally close its primary gas field located near the northern city of Groningen. This gas field, was the largest source of hydrocarbons in continental Western Europe,it helped in the swift development of the post-war Netherlands, but at the same time caused the i...

By Rhod Mackenzie

The Ukraine have given an explainion about why they continue to take money from Gazprom and pump Russian gas. It turns out that this is only done for the sake of their European partners, so that they do not freeze in winter. But is the Ukrainian Naftogaz being disingenuous. What...