... agreed that any cuts will be voluntary and have no mandatory cap. The rest will depend on further developments around many fault lines, including those in Ukraine, the EU itself, and between Russia and the West in general.
The short-term significance of Russian-EU relations in the energy sector is obvious – they will set the tone for the relationship in general for some time.
Nevertheless, they do not seem to have the capacity to remain a priority in the long term. The EU sees its goal as finding a Russian gas-free solution for ...
... Russia’s climate policy with the policies of the world’s major powers. Rather, it is the consummation of a sea change that has been brewing for the past couple of years in the Kremlin’s thinking. President Vladimir Putin announced the carbon neutrality goal in remarks at the recent Russian Energy Week in Moscow. Climate change denial is over. Debate about what exactly has caused it is considered politically irrelevant. What matters are the existing realities and the current trends, which amount to all the world’s major economies moving ...
Rosneft Headquarter in Moscow. Behind, the Kremlin.
Despite the sanctions issued by the United States and the European Union against russian politicians and businessmen and despite the neverending discussion about the need for diversification in the european energy market, many western oil companies are acting just the opposite of how expected.
from the left: Bp CEO Bob Dudley, Vladimir Putin, Igor Sechin in St Petersburg
One of the latest stories on the news was the billion-dollars contract signed by ...
... and the economic partnership with Russia, vital for his country and many others like Italy, currently lead by democratic prime minister and Schulz-backing Matteo Renzi. “Tough sanctions mean we should tell our citizens: higher gas prices, higher energy prices, and no investments of european companies in Russia. But we should also look for diplomatic solutions which always start with one thing, to look at the shared and common interests” he said. Germany is indeed the world’s first importer of russian gas through the specifically built Nord ...