Mining and Energy
Russia’s Tanker Giant Sovcomflot Bleeds Nearly $400 Million from Sanctions
Russian state owned oil tanker company Sovcomflot has reported a staggering loss of 393 million US dollars (approximately £308 million)...
Berlin Supports Permanent Ban on Nord Stream 2
The European Union is preparing a fresh round of sanctions aimed at permanently blocking the use of the Nord Stream...
Italy Backs EU Plan to End Russian Gas Imports by 2027
Italy has officially declared its full support for the European Union’s plan to stop importing gas from Russia by the...
British Accountant Sanctioned for Aiding Russian Oil Smuggling Fleet
The United Kingdom has sanctioned an English accountant for assisting the Kremlin’s secretive oil shipping operations. John Michael Ormerod, a...
Turkey Discovers 75 Billion Cubic Metres of Black Sea Gas
Turkey has uncovered a vast new gas field in the Black Sea, with estimated reserves of 75 billion cubic metres. President...
Oil Prices Plunge as OPEC Plus Pumps More Crude
Oil prices dropped sharply in early Monday trading following OPEC Plus’s latest move to accelerate oil production growth. The decision,...