Categories Business China could start a new solar price war Posted on Posted onMarch 6, 2020March 6, 2020By Editor The solar market is becoming supersized, with the size and scale of solar projects soaring and some of the biggest names in the tech industry getting behind the renewable energy boom. … Read More >China could start a new solar price war
Categories Business Russia slowly getting over its oil addiction, says Putin Posted on Posted onMarch 4, 2020March 4, 2020By Editor Russia is trying to shield its economy from turbulence in global energy markets, but cutting the country’s reliance on oil cannot happen at once, Russian President Vladimir Putin believes. … Read More >Russia slowly getting over its oil addiction, says Putin
Categories Business Serbia can cash in on Russian gas transit via TurkStream pipeline Posted on Posted onMarch 3, 2020March 3, 2020By Editor The recently launched TurkStream gas pipeline running through Serbian territory will add €180 million (US$200 million) to the country’s budget, according to Andrey Khripunov, Russia’s trade representative in Serbia. … Read More >Serbia can cash in on Russian gas transit via TurkStream pipeline
Categories Business European sanctions-busting payment channel for Iran registers ZERO transactions – Iranian ambassador Posted on Posted onMarch 3, 2020March 3, 2020By Editor Over a year since its launch, the EU’s INSTEX financial mechanism – designed to facilitate trade with sanctions-hit Iran – has not carried out any operations, Iran’s ambassador to Russia Kazem Jalali has revealed. … Read More >European sanctions-busting payment channel for Iran registers ZERO transactions – Iranian ambassador
Categories Business Russia to reassess government budget taking into account coronavirus risks Posted on Posted onMarch 2, 2020June 15, 2020By Editor Russia’s new Prime Minister Mikhail Mishustin has called on the government to analyze both long-existing sanctions risks and the consequences stemming from the coronavirus epidemic as it works on a new budget plan. … Read More >Russia to reassess government budget taking into account coronavirus risks
Categories Business How Russian Companies May Benefit From the US LNG Supply Crisis Posted on Posted onMarch 2, 2020March 2, 2020By Editor Last month, two Spanish energy companies rejected a hefty deal on the purchase of 200 million cubic metres of liquefied natural gas (LNG) from the biggest US LNG exporter Cheniere Energy Inc. … Read More >How Russian Companies May Benefit From the US LNG Supply Crisis
Categories Business Putin says Russia should be ready for any scenario as oil market suffers steep decline Posted on Posted onMarch 1, 2020March 1, 2020By Editor The current crude prices are acceptable for the Russian economy, Russian President Vladimir Putin said after the price of oil dramatically fell to the lowest point in more than a year. … Read More >Putin says Russia should be ready for any scenario as oil market suffers steep decline
Categories Business The perfect storm sends natural gas crashing Posted on Posted onMarch 1, 2020March 1, 2020By Editor With inventories set to reach levels never seen before and a serious drop in demand in Asia, natural gas prices could be set to fall even further. … Read More >The perfect storm sends natural gas crashing
Categories Business Britain bought a record amount of Russian gold last year, spending over $5 BILLION Posted on Posted onFebruary 28, 2020February 28, 2020By Editor Sales of Russian gold abroad jumped eight-fold last year to $5.7 billion, with almost all of that volume purchased by the United Kingdom. … Read More >Britain bought a record amount of Russian gold last year, spending over $5 BILLION
Categories Business Russia’s largest solar power plant launched in the Urals Posted on Posted onFebruary 27, 2020February 27, 2020By Editor A new solar power plant (SES) with a capacity of 10MW has been commissioned in the Burzyansky district of Russia’s southern Ural region of Bashkortostan. … Read More >Russia’s largest solar power plant launched in the Urals