July 25 2022 🕓 2 min
Gazprom will shut down another turbine at Nord Stream 1
Russian gas giant Gazprom will shut down another turbine of the Nord Stream 1 pipeline for maintenance on Wednesday 27 July.
Tag: russia
July 21 2022 🕓 2 min
Russia makes a big deal with Iran
Russia and Iran have agreed on investments worth billions of dollars. Gazprom will help develop oil and gas fields in Iran.
July 21 2022 🕓 3 min
Is USD/RUB ready to skyrocket again?
The Russian war caused massive volatility in the USD/RUB currency pair, and it is likely to skyrocket again.
July 20 2022 🕓 2 min
Stopping gas supplies could reduce European GDP
If Russia were to cut off its gas supplies to Europe, Europe's GDP could fall by up to 1.5%, according to the European Commission.
July 19 2022 🕓 2 min
Russian gas hit by force majeure
Germany's Uniper, the largest importer of Russian gas, has received a force majeure notice from Russian gas company Gazprom.
July 18 2022 🕓 3 min
Canada sends debated turbine for Nord Stream 1
Canada has shipped the turbine needed for the Nord Stream 1 pipeline after repairs. It should arrive in Russia within 7 days.
July 18 2022 🕓 4 min
Vladimir Putin prohibits crypto payments in Russia
Vladimir Putin strikes by banning all kinds of crypto payments in Russian Federation and wants its nation to use the Russian ruble.
July 9 2022 🕓 2 min
Russia discovers 82 million tonnes of oil in the Arctic
Russia's state-owned Rosneft has confirmed the discovery of 82 million tonnes of oil in the Pechora Sea in the Arctic.
July 5 2022 🕓 2 min
Grain from the Ukrainian war zone will be exported
In Ukraine's Zaporizhzhya region, which is partly under Russian control, an agreement has been reached to allow grain to be sold abroad.
July 2 2022 🕓 3 min
World Bank chief economist talks about global recession
World Bank (WB) Chief Economist Carmen Reinhart doubts that the US and global economies will be able to avoid a recession.
July 1 2022 🕓 2 min
Gazprom shares fall after dividend cancellation
Gazprom has lost more than a quarter of its market value after the state-owned company decided not to pay dividends to its shareholders.
June 30 2022 🕓 3 min
Russia is heading for deflation
Russia is facing a problem with low demand and a strong ruble. The ruble will have to weaken a bit or companies will have to cut production.