Russia Resumes Nord Stream 1 Gas Pipeline Flows to Europe

• Thursday, 21st July 2022
• by Israa Ibrahim

After a 10-day outage, Russia resumed pumping gas through its biggest pipeline to Germany on Thursday, easing Europe’s supply concerns amid an economic dispute with the Kremlin over its attack on Ukraine. Nord S...

OPEC+ Works to Offset Lower Russian Oil Production

• Thursday, 2nd June 2022
• by Israa Ibrahim

OPEC+ is trying to make up for the economic fallout of plummeting Russian oil production due to Western sanctions against Moscow over Ukraine, according to two OPEC+ sources. Russia may agree to compensate other produ...

OPEC Tells EU There’s No Substitute for Russia’s Oil Supply

• Tuesday, 12th April 2022
• by Israa Ibrahim

During the OPEC-EU meeting on Monday, OPEC let the European Union know that it would be impossible to find a replacement for Russian oil and sanctions may make supply shocks even worse, Reuters reported. OPEC Secretar...