Wind Turbines: European Commission Initiates Enquiry Into Market Distortions by Chinese Manufacturers EUToday CorrespondentsApril 21, 20240230 views The European Commission has initiated an inquiry into potential market distortions by Chinese wind turbine manufacturers across five member states of the European Union. The action was met with criticism… Read more
Russian Urals Oil Price significantly exceeds the price limit set by the G7 EUToday CorrespondentsApril 11, 20240279 views Russian Urals oil is trading well above the price limit set by the Group of Seven (G7) nations of $60, indicating a substantial violation of this sanction measure, as reported… Read more
Russia Turns to Kazakhstan for Gasoline Amid Shortage Concerns EUToday CorrespondentsApril 9, 20240274 views In response to potential shortages exacerbated by Ukrainian drone attacks and refinery outages, Russia has reportedly sought assistance from Kazakhstan, requesting 100,000 tons of gasoline, according to three industry sources… Read more
Zaporizhzhia: Unraveling the Truth Behind the Nuclear Power Plant Incident EUToday CorrespondentsApril 9, 20240290 views Recent reports of alleged drone attacks on the Zaporizhzhia Nuclear Power Plant have sparked international concern and raised questions about the authenticity of the claims made by Russian authorities. The… Read more
EU Today Conference: Navigating Nuclear Diplomacy: Challenges and Priorities for Europe EUToday CorrespondentsApril 6, 20240376 views In the midst of escalating tensions and geopolitical challenges, Europe finds itself at a critical juncture in navigating the complex terrain of nuclear diplomacy. Against the backdrop of sanctions against… Read more
OPEC+ Extends Oil Supply Cuts, Brent Nearing $90/Barrel EUToday CorrespondentsApril 3, 20240292 views OPEC+ has decided to extend oil supply cuts in the first half of the year, leading to tension in global markets and potential price hikes. This decision was reached during… Read more
United States Oil Suppliers Penetrate OPEC+ Markets EUToday CorrespondentsMarch 31, 20240366 views The United States’ oil exports have set five new monthly records since Western countries began imposing sanctions against Russia in 2022, according to Bloomberg reports. The record-breaking oil production in… Read more
Fifth of Global Oil Refining Capacities at Risk of Closure EUToday CorrespondentsMarch 28, 20240362 views Over 20% of the world’s oil refining capacities are now under threat of closure due to a combination of declining profitability in gasoline and increasing pressure to reduce carbon emissions.… Read more
Russian Oil Firms Face Payment Delays Amid Increased Banking Scrutiny from China, UAE, and Turkey EUToday CorrespondentsMarch 27, 20240327 views Russian oil firms are encountering significant delays in receiving payments for crude oil and fuel, with banks in China, Turkey, and the United Arab Emirates (UAE) exercising heightened caution due… Read more
Call for Accountability: Expelling Rosatom from the UN Global Compact Amid Allegations of Human Rights Violations EUToday CorrespondentsMarch 22, 20240363 views The persistence of business relations and agreements with Russia’s “Rosatom” nuclear energy company, despite serious allegations including risks to life, threats to security, property damage, and environmental hazards such as… Read more