Categories
Uncategorized

Europe’s loss is India’s gain

Europe, cut’s off it’s nose to spite it’s face. Russia’s energy giant Rosneft signs deal to boost oil supplies to India Russia’s largest oil producer Rosneft and India’s top refiner Indian Oil Corp have signed a term agreement to substantially increase oil supplies and diversify oil grades delivered to India, Rosneft said. The deal was […]

Categories
Uncategorized

Putin calls Ukraine role in Nord Stream blasts ‘sheer nonsense’

Referring to the report published by NYT’s, covered previously below Let’s read what Putin has to say Putin said the blasts were carried out on a “state level” and dismissed as “complete nonsense” suggestions an autonomous pro-Ukraine group was responsible. “Who is interested? Theoretically, the United States is interested in stopping the supply of Russian […]

Categories
Uncategorized

Pakistan: Preparations for Russian oil agreement complete- Musadik

Pakistan Observer State Minister for Petroleum Musadik Malik on Saturday said that preparations for the agreement to purchase discounted oil from Russia were complete. Talking to a private news channel regarding the agreement, Malik said that the entire delegation, including the Russian Energy Minister, was set to visit Pakistan. “Serious talks are going on with […]

Categories
Uncategorized

Russian Oil Price Cap Will Please the US, and No One Else

Bloomberg Archive.ph Russian ministers continue to insist that the country won’t sell oil to anyone supporting the arrangement. But all the nations that have signed up to the cap have also imposed their own import bans, so they won’t be buying anyway. Other countries, like China, India and Turkey, are free to continue negotiating purchases with […]

Categories
Uncategorized

US Ratchets Up Pressure on Turkey Over Ties With Russia

Bloomberg and Archive Erdogan’s close relations with Putin anger Western powers Turkey has positioned itself as a mediator in Ukraine war Clearly the US is not interested in settling the Ukraine situation or they’d appreciate Turkey’s moderation. Also, for Kaz, this US desire for war and more war likely explains the recent actions HTS has […]

Categories
Uncategorized

German Authorities Investigate Nord(th) Stream 1 & 2 Leaks

I wouldn’t jump to the conclusion that the damage to these pipelines was done by Russia. The pipelines were inactive. Russia had stopped delivery through them. It doesn’t make sense to me they’d need to sabotage them,when for lack of a better term, these pipelines are OFF. We’ve talked about the targeting of Germany previously […]

Categories
Uncategorized

West eases efforts to restrict Russian oil trading as inflation and energy risks mount

https://www.nzherald.co.nz/business/west-eases-efforts-to-restrict-russian-oil-trading-as-inflation-and-energy-risks-mount/VSCVDNIYZQ43QI2PDTGT6UQPDQ/ European governments have eased back on efforts to curb trade in Russian oil, delaying a plan to shut Moscow out of the vital Lloyd’s of London maritime insurance market and allowing some international shipments amid fears of rising crude prices and tighter global energy supplies. The EU announced a worldwide ban on the provision […]

Categories
Uncategorized

Update on Sakhalin LNG- Rouble for Gas Expansion?

Gazprom proposes adding LNG to rouble-for-gas scheme -Ifax MOSCOW, July 4 (Reuters) – Russian gas producer Gazprom (GAZP.MM) has proposed expanding its rouble-for-gas scheme for pipeline gas to include liquefied natural gas (LNG), the Interfax news agency quoted a senior manager as saying on Monday. The proposal from Kirill Polous, a deputy department head at […]

Categories
Uncategorized

Meanwhile in Russia’s Far East: Sakhalin LNG

Russia is moving to further tighten its grip on the nation’s oil and natural gas supplies, issuing a decree for the country to take over the Sakhalin-2 liquefied natural gas (LNG) export project on Sakhalin Island north of Japan. An executive order signed by Russian President Vladimir Putin to “protect the national interests” calls for […]

Categories
Uncategorized

EU/Russian Oil Embargo?

Hardly. Despite suggestive headlines. Perhaps the EU isn’t as insane as had been suspected? Perhaps? https://www.scotsman.com/news/world/russian-oil-sanctions-eu-leaders-agree-to-ban-90-of-russian-oil-by-year-end-3715065 The embargo covers Russian oil brought in by sea, allowing a temporary exemption for imports delivered by pipeline. Ursula Von der Leyen, the head of the EU’s executive branch, said the punitive move will “effectively cut around 90% of […]

PFYT2