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Tag Archives: Russia
Fresh Legal Fight Erupts Over Nord Stream 2 As Europe Energy Costs Soar Ahead Of Frigid Winter
Fresh Legal Fight Erupts Over Nord Stream 2 As Europe Energy Costs Soar Ahead Of Frigid Winter Just ahead of Monday’s announcement that the North Stream 2 Russia to Germany natural gas pipeline has begun filling with gas in the first line while awaiting approval from Germany regulators before it goes fully online and the taps are turned […]
Global gas wars: the fun has just begun!
Global gas wars: the fun has just begun! Spot price for natural gas in Europe has just breached the psychologically important level of $1000 per thousand cubic meters, or a buck a cube. This has already had some significant results all across Europe. In the UK, fertilizer plants can’t operate at such prices and have shut […]
Gazprom: We’re Not Withholding Gas To Europe
Gazprom: We’re Not Withholding Gas To Europe Russian gas giant Gazprom dismisses speculation and accusations that it is not supplying enough natural gas via pipeline to Europe, a senior official at Gazprom Export says. So far in 2021, Gazprom’s gas deliveries to Europe have reached historic highs, Sergey Komlev, Head of the Contract Structuring and […]
Russia running out of oil? Profitable reserves may last only another 20 years, Moscow says, citing improved tech as only solution
Russia running out of oil? Profitable reserves may last only another 20 years, Moscow says, citing improved tech as only solution Employees work on a drilling rig at an oil field owned by Russia’s oil producer Tatneft near Almetyevsk, in the Republic of Tatarstan, Russia. © Sputnik / Maksim Bogodvid Russia’s lucrative role as one […]
Europe Needs Nord Stream 2 More Than It Likes To Admit
Europe Needs Nord Stream 2 More Than It Likes To Admit When construction began on the second Nord Stream pipeline that was going to double the volume of natural gas ships to Europe—most of it to Germany—the European Union wasted no time in voicing its opposition to more Russian gas. Led by Ukraine, which fears […]
Black Sea Turning Into “Zone of Dangerous Military Confrontation”: Russian Foreign Ministry
BLACK SEA TURNING INTO “ZONE OF DANGEROUS MILITARY CONFRONTATION”: RUSSIAN FOREIGN MINISTRY The Black Sea is turning into a zone of dangerous military confrontation, Yuri Pilipson, director of the Fourth European Department of the Russian Foreign Ministry, said in an interview with RIA Novosti. This was the diplomat’s answer to a question of how NATO […]
Report: Russia Moving to Curtail Israeli Airstrikes on Syria
Report: Russia Moving to Curtail Israeli Airstrikes on Syria Russia looking to upgrade Syria’s air defense systems With several Israeli airstrikes against Syria seemingly every week, it has come to feel like the new normal. There are rarely serious engagements in Syria’s own war anymore, but airstrikes are consistent, and generally without Israel wanting to […]
Cascade of Consequences
CASCADE OF CONSEQUENCES “There was truth and there was untruth, and if you clung to the truth even against the whole world, you were not mad.” – George Orwell 1984 “People will agree with you only if they already agree with you. You do not change people’s minds.” – Frank Zappa Orwell and Zappa’s words of wisdom have […]
Russia Says US Engineered June’s Black Sea Provocation, “We’ll Sink” Any Threat Next Time
Russia Says US Engineered June’s Black Sea Provocation, “We’ll Sink” Any Threat Next Time In the days after the June 23 incident between the UK Royal Navy’s HMS Defender and a Russian patrol vessel and military aircraft near Crimea which resulted in warning shots fired from the Russian side, Putin asserted that a US reconnaissance plane had […]
While Fed Is in Denial, Hawkish Bank of Russia Sees Inflation as “Not Transitory,” Warns of Possible Shock-and-Awe Rate Hike
While Fed Is in Denial, Hawkish Bank of Russia Sees Inflation as “Not Transitory,” Warns of Possible Shock-and-Awe Rate Hike US Inflation is almost as hot as in Russia, but the Fed is still blowing it off. Consumer price inflation in Russia is red-hot, having jumped 6.0% in May compared to a year ago, 2 […]
HMS Defender Versus The Russian Military: The Danger of Believing Your Own Propaganda
HMS Defender Versus The Russian Military: The Danger of Believing Your Own Propaganda Less than two weeks after NATO members reaffirmed allegiance to Article 5 – that an attack on one member was an attack on all members – the UK nearly put that pledge to the test. In a shockingly provocative move, the UK’s […]
The Real Russian Threat
The Real Russian Threat I’ve written for years about different nations’ persistent efforts to dethrone the U.S. dollar as the leading global reserve currency and the main medium of exchange. At the same time, I’ve said that such processes don’t happen overnight; instead, they happen slowly and incrementally over decades. The dollar displaced sterling as […]
Saudi Arabia And Russia Warn Of Major Oil Supply Crunch
Saudi Arabia And Russia Warn Of Major Oil Supply Crunch The debate about emissions reduction and the path forward for oil companies moved to a whole new level since the International Energy Agency (IEA) dropped last month the bombshell report suggesting no new investment in oil and gas would be needed if the world is to reach […]
German Ambassador Seconds Putin’s Fiery NS2 Remarks: “European Energy Policy Not Determined By Foreigners”
German Ambassador Seconds Putin’s Fiery NS2 Remarks: “European Energy Policy Not Determined By Foreigners” The day after Putin announced the completion of the first leg of the Russia-to-Germany natural gas pipeline Nord Stream 2, declaring that essentially Washington’s best efforts to halt it via an avalanche of sanctions have been defeated, Germany appears to have seconded his assessment. […]
