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In a new development, the European Union has taken the step of imposing sanctions on Russian gas. However, the EU has not yet taken the more severe action of banning Russian liquefied natural gas (LNG). Instead, the EU has introduced a separate measure allowing the purchase of Russian LNG. What has...

By Rhod Mackenzie

Last week the Russian President make a statement where he outlined his proposals for a peace deal in the Ukraine and the start of negotiations,I even dida video about it and the response to it by the magazine the American Conservative which felt there was merit in the proposals.
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British billionaire Jim Ratcliffe, founder and head of the petrochemical giant Ineos Group, has stated that the high cost of electricity and carbon have undermined the competitiveness of the European petrochemical industry, sending it into a state of decline.
In an interview with Bloomberg TV, Mr R...

By Rhod Mackenzie

Denmark, along with other countries with access to the Baltic Sea, are considering imposing sanctions against the so called shadow fleet of tankers that are transporting Russian oil.
According to one version, Denmark wants to block the tankers passing through its waters. So what...

By Rhod Mackenzie

Over a two-year period, Western companies purchased around $715 million worth of titanium from Russia, according to estimates in The Washington Post. As usual all the deals for buying Russian titanium have been kept very quiet despite all the loud public commitments to stop buyi...

By Rhod Mackenzie

When the historians and economists in the future look back at the history of the EU and particularly the European Commission and the decisons they made in the years in the run up to 2022 particularly their all out move to cut the use of fossil fuels and focus on renewable energy...