THE OVAL CIRCLE – WE HAVE OUR EYE ON THE TRUTH

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Turkey in talks on new gas supplies from Russia – Ankara

Posted on September 22, 2021September 22, 2021By Editor

Ankara is discussing new contracts for gas supplies with a number of countries, including Russia, Turkish Deputy Energy Minister revealed on Tuesday. … Read More >Turkey in talks on new gas supplies from Russia – Ankara

Business

Electricity prices to spike 10% in France this winter, consumer group warns

Posted on September 22, 2021September 22, 2021By Editor

With European natural gas prices hitting record highs in recent weeks, French consumer organization UFC-Que Choisir has warned of an unprecedented rise in electricity prices for the country. … Read More >Electricity prices to spike 10% in France this winter, consumer group warns

Business

Russian economy ‘completely restored’ to pre-pandemic level – Putin

Posted on September 22, 2021September 22, 2021By Editor

Russia has completely overcome the economic decline caused by the Covid-19 pandemic, President Vladimir Putin said on Tuesday during a meeting on economic issues. … Read More >Russian economy ‘completely restored’ to pre-pandemic level – Putin

Business

Russia’s GDP growth expected to reach 4.2% this year

Posted on September 22, 2021September 22, 2021By Editor

The Russian government expects the country’s economy to grow by 4.2% this year, Prime Minister Mikhail Mishustin announced at a meeting on Tuesday. … Read More >Russia’s GDP growth expected to reach 4.2% this year

Business

Russia resumes wheat exports to Algeria after 5yr break

Posted on September 22, 2021September 22, 2021By Editor

Algeria has allowed Russian grain imports for the first time in more than five years. The first shipment of 30,000 tons of wheat is on its way to the North African nation. … Read More >Russia resumes wheat exports to Algeria after 5yr break

Business

Energy crisis stretches to UK food-supply chain, already bruised by labour shortage amid Brexit & Covid-19

Posted on September 22, 2021September 22, 2021By Editor

British meat processors have become the latest casualty of the growing energy crisis that threatens to result in a dire shortage of carbon dioxide gas, which is widely used throughout the food and drinks industry. … Read More >Energy crisis stretches to UK food-supply chain, already bruised by labour shortage amid Brexit & Covid-19

Business

Eastern promises: Russia & ASEAN unveil plan for economic cooperation

Posted on September 22, 2021September 22, 2021By Editor

Russia and the Association of Southeast Asian Nations (ASEAN) have adopted a roadmap for boosting mutual trade and investment cooperation for the next five years, Russia’s Ministry of Economic Development announced. … Read More >Eastern promises: Russia & ASEAN unveil plan for economic cooperation

Business

European energy crisis ‘could get very ugly’ with winter coming and EU delaying Russian gas supplies

Posted on September 21, 2021September 21, 2021By Editor

Europe is bracing for a difficult winter, having turned to weather-dependent sources of energy like wind and solar power over fossil fuels while natural gas storages have run low. … Read More >European energy crisis ‘could get very ugly’ with winter coming and EU delaying Russian gas supplies

Business

Russian pipeline gas exports to China nearly triple in 2021

Posted on September 21, 2021September 21, 2021By Editor

Deliveries of pipeline gas from Russia to China in January-August 2021 jumped 2.7 times year on year to 4.73 million tons. According to Russia’s state energy giant Gazprom, China’s gas demand has “stunning” growth potential. … Read More >Russian pipeline gas exports to China nearly triple in 2021

Business

Gas prices in Europe spike on news of no extra transit through Ukraine

Posted on September 21, 2021September 21, 2021By Editor

European gas prices surpassed $900 per 1,000 cubic meters on Monday, following reports about Gazprom’s decision not to book additional capacities for gas transit through Ukrainian territory. … Read More >Gas prices in Europe spike on news of no extra transit through Ukraine

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