MOSCOW – Austrian Chancellor Sebastian Kurz has rejected calls to abandon the Nord Stream 2 pipeline construction after a Russian court jailed opposition activist Alexey Navalny for 3.5 years. “I welcome the German federal government’s decision to stand by Nord Stream 2”, Kurz said in an interview with the Welt am Sonntag newspaper, published Saturday. […]

In 2019, the US redeployed troops from the Syrian-Turkish border into the war-torn country’s interior, with President Donald Trump admitting freely that the forces were assigned to “take the oil.” Russia estimates that the Pentagon, the CIA, contractors and Kurdish militias make over $30 million a month smuggling the stolen oil out of the country. […]

VIENNA – The experience of administration of Russian vaccines against COVID-19 is raising a great interest in Austria even though the countries are not currently engaged in specific negotiations, Russian ambassador Dmitry Lyubinsky said, praising the efficacy of the Russian vaccines. “There are currently no negotiations on exact plans related to the potential use of […]

Multi-billion-euro gas pipeline project Nord Stream 2 was put on pause last year after the United States imposed sanctions against firms involved in its construction. The project’s operator said on Saturday that it was planning to resume “the pipe-laying work” this year. American sanctions will not stop the Nord Stream 2 project from being completed, […]

Washington’s desperate attempts to stop the construction of the Nord Stream 2 gas pipeline linking Russia and Germany resemble mafia methods, senior German parliament member, Klaus Ernst, told RT, calling on the EU to fight back. “Their actions resemble those of a mafia,” Ernst told RT Deutsch on Wednesday, speaking about the renewed threats of […]

Washington already imposed sanctions on the Russian-German energy project late last year, tacking them on to the US National Defence Authorization Act. Now, a bipartisan group of lawmakers from both the House and Senate is reportedly looking to introduce additional restrictions against it before the end of the year. An influential group of German businesses […]

After pandemic-related delays, Russia’s first electric car, called the Zetta, is set to enter serial production in late 2020, the country’s Industry and Trade Minister Denis Manturov has revealed. The Zetta will roll off the production line in the city of Tolyatti, one of the major centers of Russia’s automotive industry. The cars will first […]

In mid-September, Kremlin spokesman Dmitry Peskov warned against politicising the Nord Stream 2 gas pipeline project, which he said is profitable for both Russia and the EU. The statement came amid Berlin’s threats to freeze the project due to Moscow’s alleged role in the purported poisoning of Russian opposition figure Alexei Navalny.German Foreign Minister Heiko […]

In mid-September, German Foreign Minister Heiko Maas said that Berlin does not rule out freezing the Nord Stream 2 project over the alleged poisoning of Russian opposition figure Alexei Navalny. Olga Petersen, a member of the Alternative for Germany (AfD) party, told the Russian daily Komsomolskaya Pravda that the increasing pressure on the Nord Stream […]

German Foreign Minister Heiko Maas has warned the United States not to interfere with the completion of the Russian-led Nord Stream 2 gas pipeline project, stressing that Europe has the right to choose its own energy sources. “Sanctions between partners are definitely the wrong way to go,” Maas said during a joint press conference with […]

European prices for natural gas would drop by about one quarter if the Nord Stream 2 pipeline connecting Russia to Germany were completed, the consulting firm Wood Mackenzie said in a report on Friday. “If Nord Stream 2 remains unfinished, European benchmark TTF gas is expected to average about $4 per million British Thermal Units […]

American LNG exports are estimated to have dropped by around a half since January due to a collapse in demand which led to lack of storage space in overseas facilities. Buyers of US-extracted liquefied natural gas (LNG) may cancel up to 60 percent of July orders, as the energy industry is reeling from a global […]

It’s believed that a US-Iran war would disrupt the flow of Middle Eastern oil and, as such, should be avoided at all costs. With US oil futures trading in the negative, has the risk of such a war suddenly become attractive? Last week, nearly a dozen Iranian Islamic Revolutionary Guard Corps Navy (IRGCN) vessels harassed […]

The drop in oil prices is likely to be short-lived, veteran stock broker Peter Schiff told RT, since the deflation of the whole US debt bubble and crash of the dollar will make the prices of oil and other commodities bounce up. Decline in demand for oil due to the coronavirus epidemic, further reinforced by […]

West Texas Intermediate oil prices have gone negative in a record low for the US benchmark, as the market continues to crater amid the general economic collapse. Vanishing demand and a glut of supply have combined to heavily impact the US benchmark fuel, with prices dropping from $18.27 to close at -$37.63 a barrel on […]