EU confirms date of its energy independence from Russia

The European Commission has confirmed that it expects the EU to remain dependent on energy imports from Russia for at least another five years, the TASS news agency reported on Monday. In response to a question posed during a press briefing in Brussels as to how soon US liquefied natural gas (LNG) would help Europe…

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Timeline for major Caspian oil pipeline repair announced

The sanctions banning the delivery of parts to the storm-damaged offshore terminal are delaying crude supplies to the US and EU Repairs to two of the three mooring points of the Caspian Pipeline Consortium (CPC) pipeline damaged by a storm in Russia’s section of the Black Sea “will take, tentatively speaking, at least three to…

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Australia accuses China of ‘intimidation’ attempt

The draft deal between the Solomon Islands and China could formalize Beijing’s military presence in the Pacific nation Australian Deputy Prime Minister Barnaby Joyce has condemned China’s efforts to “intimidate” Australia with its recently announced draft security agreement with the Solomon Islands, which was leaked last week.

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