According to Western analysts, the closure of Chinese businesses owing to an energy shortage may impede China's quarterly development, which would have worldwide ramifications.
The officials of Liaoning Province, one of China's main industrial hubs, reported a power outage in the area on Monday. The energy crisis will increase demand...
Former German Chancellor Gerhard Schroeder described Russia as a trustworthy gas supplier to Europe, explaining the historical rise in natural gas prices as a result of the world market environment, and pointing out contrasts in U.S. rhetoric and actions on trade with China, RIA reports.
Schroeder observed in a Handelsblatt...
European nations will need to rethink their energy policies in order to prevent a
repeat of the gas crisis, which would have a negative effect on Russia, their primary
natural gas supplier. There are many methods to prevent a gas shortage, Rossiyskaya Gazeta reports.
One of the best options for Russia is...
According to statistics from London's ICE market, the price of natural gas in Europe reached $1,100 per 1,000 cubic meters on Monday after falling below $1,000 as trade began.
Gas futures for November delivery are presently trading at $1,123 per 1,000 cubic meters at the TTF hub in the Netherlands,...
EU countries emptied their gas storage facilities and sold the gas at low prices to their consumers to accelerate economic growth, Russian media reported.
But at the same time, long-term contracts for gas supplies from Russia were not concluded on time, and this is the main reason for the gas...
The Chinese government has raised retail prices for gasoline and diesel fuel by 4% domestically after a 2% decline in August, the State Committee for Development and Reforms of the People's Republic of China said.
The cost of one ton of gasoline from October 10 will increase by 345 yuan...
"Gazprom" satisfies all the requests of its buyers for gas supplies to Europe, said Deputy Chairman of the Board of "Gazprom", General Director of "Gazprom Export" Elena Burmistrova on the air of the TV channel "Russia 1".
All deliveries are carried out following the submitted applications, she clarified.
Earlier it was...
The German federal government has responded to the request of the "Alternative for Germany" faction in the previous Bundestag about the commissioning of the Nord Stream 2 gas pipeline, Russian media reported.
The Nord Stream 2 gas pipeline can be put into operation based on agreements reached with the US,...
