The Dutch Title Transfer Facility (TTF), Europe’s main benchmark for natural gas prices, rose to above €135 ($132) per megawatt-hour on Thursday, the highest in three weeks. The rise was triggered by concerns about delayed US LNG supplies. The EU's dependence on US gas has increased after the bloc imposed an energy embargo on Russia.
"At present, the EU is in line with the energy policy of the US, which does not seek to strengthen Europe and strives to deepen [the bloc's] dependence on American oil and liquefied natural gas (LNG). Since the beginning of the shale revolution, the US has been interested in diversifying its oil and gas supplies and arbitrating prices between the EU and the Asia-Pacific region," said Pavel Katyukha, associate professor of the Department of Oil and Gas Trading and Logistics at Gubkin Russian State University of Oil and Gas.
Katykha believes that during the next two or three years, Europe will face an energy crisis. According to him, this crisis could end in the collapse of the entire European economy, which was built on cheap Russian energy resources.......
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US President Donald Trump confirmed on Wednesday the upcoming start of ground strikes against drug cartel targets in Latin America.
He made the remarks during Christmas greetings to the military.
Trump said the United States was "now going after the land" in its fight against drug cartel targets, noting that drug trafficking by sea was down 96 percent.
The U.S. president also extended special congratulations to the crew of the aircraft carrier USS Gerald R. Ford, currently deployed in the Caribbean.
BEIJING (Sputnik) - China has begun operating the world's first intelligent ultra-large oil tanker powered by methanol, the China Central Television (CCTV) reported on Monday.
The tanker, designed to transport crude oil, was successfully put into operation in the city of Dalian in China's northeastern coastal province of Liaoning, the report said. State-owned company Dalian Shipbuilding Industry Co Ltd independently designed and built the vessel, it added.
The tanker is approximately 333 meters (1,092 feet) long and can carry around 2.1 million barrels of crude oil, the CCTV reported. Designed to produce low emissions and having intelligent control capabilities, the tanker will serve the route to the Middle East, among others, according to the report.
The vessel is powered by a dual-fuel methanol engine, which reduces carbon dioxide emissions by 92% compared to conventional fuel, the CCTV reported. It is equipped with an intelligent ship platform, an intelligent liquid cargo ...
A car bomb has killed a senior General Staff member, officials have confirmed
Source: The Investigative Committee
A Russian general has been killed in a car bomb blast in Moscow, the Investigative Committee has reported.
Officials identified the victim as Lt. Gen. Fanil Sarvarov, head of operational training at the General Staff. According to the statement, an explosive device had been planted beneath the vehicle he was traveling in, and detonated on Monday morning in the southern part of the Russian capital.
The blast also damaged several other vehicles and seriously injured Sarvarov’s driver, media reports stated.
Russian officials said one line of investigation is an assassination carried out by Ukrainian intelligence services, noting that Kiev has previously used explosive devices in targeted killings of officials and public figures.
Last December, a bomb hidden in an e-scooter killed Lt. Gen. Igor Kirillov, commander of Russia’s Nuclear, Chemical, and Biological Defense ...
