An American businessman, Stephen Lynch, who previously worked closely with Rosneft, Russia’s state oil company, is aiming to buy a Swiss company that controls Russia’s controversial Nord Stream 2 natural gas pipeline, according to U.S. Treasury and other documents obtained by The Washington Post. Lynch’s proposal could pave the way
India recently revealed how it may have saved the world from a massive oil crisis. During an energy conference in Abu Dhabi, India’s Minister of Petroleum and Natural Gas, Hardeep Singh Puri, shared a bold statement: if India had stopped buying oil from Russia, global oil prices could have shot
Hungary and Slovakia are in a heated clash with Ukraine over a new ban on Russian oil that they fear will disrupt their energy supplies. The EU is stepping in to mediate, as Budapest and Bratislava warn that Ukraine’s move could severely impact their oil imports. Hungary is even threatening
Indian Prime Minister Narendra Modi visits Russia aiming to finalize a crucial uranium supply agreement for a nuclear power plant in Tamil Nadu. This visit marks a significant step to strengthen ties between the two countries after five years. Alongside the uranium deal, India and Russia are expected to sign
