Russian gas giant reveals surge in exports to China

Russia’s gas exports to China were nearly 50% higher in 2023 than they were the previous year, energy giant Gazprom has revealed. In 2023, Russia supplied 22.7 billion cubic meters of gas to the Asian nation via the Power of Siberia pipeline, the company said in a Telegram post on Wednesday. The amount exceeded Gazprom’s…

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Top Putin aide warns about future of energy industry

Global demand for oil and gas will eventually start to wane, Maksim Oreshkin has predicted The oil and gas sector is not the most promising part of the Russian economy as global demand for crude is expected to fall in the long term, Maksim Oreshkin, the top economic adviser to President Vladimir Putin, stated on…

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Ukraine warns of draconian measures to support crashing economy

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