President Joe Biden's move to release oil from strategic reserves in coordination with top oil consuming nations including China represents a unique bet that finding common ground with the United States' biggest economic rival can help lower fuel prices for Americans.

• November 24, 2021

China, the world's largest crude importer, was non-committal about its intentions to release oil from its reserves as requestedby the United States, while OPEC producers were not considering changing tactics in light of the U.S. action, according to three sources in the group.

• November 24, 2021

The suspension of the approval process for the Russian Nord Stream 2 pipeline by a German regulator could be short-lived as Europe is hungry for more gas, an analyst said on Monday after meeting officials of Russian state gas giant Gazprom

• November 22, 2021

Consumers in the European Union and Britain face further gas price spikes this winter as flows of Russian gas via major transit routes are proving too little, too late.

• November 22, 2021

By Embassy of the Republic of Uzbekistan in the Kingdom of Belgium

“Global climate change is one of the most serious challenges of our times. It is also becoming a significant obstacle to sustainable development”, - said Marat Aitov, Head of department of the Institute for Strategic and Regional Studies under the President of Uzbekistan in an analytical note “Can Uzbekistan adapt to the Consequences of Global Climate Change?”, reports “Dunyo” IA correspondent. Rising global temperatures contribute to destructive extreme weather events around the world, such as sweltering heatwaves, droughts, fires, hurricanes, torrential rains, and floods.
According to the UN, over the past 5 years the average global temperature has been among the highest in the entire history of observations. World Bank projects that by 2050 216 million people in six regions will become climate refugees, including 5 million people in Central Asia. READ MORE

• October 25, 2021

Norway's Equinor (EQNR.OL) expects the fundamentals driving the current high price of natural gas in Europe to remain in place during the coming autumn and winter seasons, Chief Financial Officer Ulrica Fearn told an energy conference on Wednesday.

• September 15, 2021

President Vladimir Putin said on Friday that Russia should start regular container shipments via the Northern Sea Route across its northern flank from Vladivostok to St Petersburg next year.

• September 3, 2021

The Nord Stream 2 gas pipeline is not exempt from European Union rules that require the owners of pipelines to be different from the suppliers of the gas that flows in them to ensure fair competition, a German court ruled on Wednesday.

• August 25, 2021