Wednesday, July 6, 2022
Washington and Moscow have made a secret arrangement on the division of lands in northern Syria vacated by U.S. troops after Turkey launched its military operation last month, Turkish journalist Abulkadir Selvi says in his latest column for newspaper Hurriyet. According to the columnist, the presence of a secret U.S.-Russian...
Inter RAO, the only Russian energy exporter, is ready to resume electricity supplies to Ukraine after October 1, Alexandra Panina, head of the Inter RAO trading block, told Russian media. Earlier, the Ministry of Energy of Ukraine announced that it did not plan to lift the ban on the import...
Russia’s rocket engine producer Energomash and the Sixth Academy of the China Aerospace Science and Technology Corporation (CASIC) have signed a protocol of cooperation in the development and manufacture of liquid rocket propellants, the Energomash press office reported on Thursday, according to RIA. The document was signed at the Airshow...
A recent move by China Petroleum Engineering & Construction Corporation (CPECC) into Iraq has turned on the heat in an intense geopolitical competition with Russia and the United States over the country’s oil deposits, Nezavisimaya Gazeta writes. CPECC last month signed a contract worth $121 million to upgrade Iraq’s West...
Platinum and palladium markets will be tight this year as the coronavirus pandemic hammers supply and demand, materials maker Johnson Matthey said on Monday, declining to give full-year forecasts and saying prices will be erratic, Reuters reported. Production of the metals, used to reduce vehicle emissions, and their consumption by...
Global oil demand is set to benefit from stronger economic recovery and vaccinations in the second half of this year, OPEC said on Thursday, RT informed. The cartel, however, revised down in its Monthly Oil Market Report (MOMR) its estimates for global oil demand for the first half of the...
Beginning in August 2021, OPEC+ members will raise oil output by 400,000 barrels per day each month, according to Vedomosti. Beginning in May 2022, production quotas for five OPEC+ nations (Russia, Saudi Arabia, the United Arab Emirates, Kuwait, and Iraq) will be raised. According to these agreements, OPEC+ countries will...
Sonatrach has signed a memorandum of understanding (MOU) with Russia’s Lukoil for talks on possible partnerships in production and exploration in the North African country, Algeria’s state energy firm said on Monday, Reuters reported. The agreement includes discussions on joint investment abroad, Sonatrach said in a statement. Sonatrach has signed similar...
Russia’s Main Department of State Expertise (MSE), the federal autonomous institution under the Russian Ministry of Construction responsible for state expert review of design documentation of major infrastructure projects, has issued a positive conclusion on the project documentation and engineering survey results for the Nord Stream 2 pipeline in...
According to a source in the delegation of Indian Petroleum and Natural Gas Minister Hardeep Singh Puri, the Indian consortium of ONGC and Petronet LNG is contemplating purchasing a 9.9 percent share in the Arctic LNG-2 gas liquefaction project, Vedomosti writes. This topic was discussed during his visit to...

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