ENERGY

By Julianne Geiger of OilPrice.com

Russia is accelerating its natural gas exports to China through the Power of Siberia pipeline, aiming to hit maximum capacity by the end of 2024—a full year ahead of schedule. Gazprom, Russia's state-run energy giant, has agreed with China National Petroleum Corporation (CNPC) to boost December supplies, reaching the pipeline's designed capacity of 38 billion cubic meters (bcm) annually.

This increase in gas flows reflects (more…)

By Tsvetana Paraskova of Oilprice

Over the past weeks, Russia has been using a growing number of oil tankers sanctioned by the West to export its oil, in a move suggesting that Moscow has become more successful in defying U.S. and EU restrictions.

A total of six oil tankers sanctioned by the U.S., the EU, or the UK loaded oil cargoes from Russia in August, and at least another six have done the same so far in September, according to tanker-tracking data compiled by (more…)

Authored by Michael O'Sullivan via RealClearEnergy,

We don't want to be dependent on foreign oil and we should invest in diverse forms of energy. That's what we heard from sitting Vice President Kamala Harris in the most recent debate spectacle. Her exact words: “My position is that we have got to invest in diverse sources of energy so we reduce our reliance on foreign oil.”

Now let’s be fair. If she wants to convince people to spend more money on (more…)