U.S. Energy Secretary Rick Perry toured Central and Eastern Europe in mid-November, touting America’s credentials and warning countries against deepening their ties to Russia. The visit was part of a new push by the Trump administration in a region where energy is part of a wider geopolitical rivalry.
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How a Huge New Gas Pipeline Boosts Russia’s Strategic Entente With China
Natural gas started flowing from Russia to China for the first time on Dec. 2 when Russian President Vladimir Putin and China’s leader, Xi Jinping, officially launched the initial phase of a huge new pipeline known as the Power of Siberia.
Read More »How OPEC Shook Off a Historic Crash to Successfully Stabilize Oil Markets
The global clout of OPEC, never one of the world’s most admired institutions, reached a nadir in April when a dispute between Saudi Arabia and Russia triggered a price war just as global oil demand was collapsing due to the coronavirus pandemic.
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