marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
LNG
07/04/2024
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By Zoey Sky
Russia overtakes U.S. as Europe’s primary gas supplier despite ongoing sanctions
Sanctions have failed to stop Russia from overtaking the United States as Europe’s primary gas supplier. Even with the continent’s efforts to reduce its reliance on Russian fossil fuel resources since the beginning of the conflict, reports have revealed that Europe’s gas imports from Russia surpassed those from the U.S. in May. (Related: Russian central bank governor: […]
02/22/2024
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By Belle Carter
Germany suffers irreversible damage without Russian gas – aftermath of Nord Stream destruction by the U.S.
Back in 2022, bombshell reports surfaced confirming that the U.S. Department of Defense covertly blew up the Nord Stream pipelines, carrying out an act of terrorism against its Western allies in an insanely dangerous effort to harm Russia’s energy exports. It was reportedly carried out with the help of the government of Norway with the […]
01/16/2024
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By Belle Carter
Beijing’s shipping firm halts Israel operations despite strong ties with Houthi backer Tehran amid rising Red Sea tensions
Despite low chances of the Houthis attacking a Chinese vessel, China’s biggest shipping firm COSCO has suspended all shipping operations to Israel. This was reported by Israeli financial news website Globes on Sunday. The news outlet did not cite any sources for the information and said that COSCO had yet to notify international shippers of […]
01/09/2024
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By Belle Carter
Geopolitical analyst warns of economic chaos should Iran shut down Strait of Hormuz
For international investor and geopolitical expert Nick Giambruno, Iran could cause immediate global economic chaos while energy prices skyrocket should it decide to disrupt the Strait of Hormuz, a narrow strip of water that links the Persian Gulf to the rest of the world and the single most important energy corridor. Five of the world’s […]
04/03/2023
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By Ramon Tomey
China settles first LNG trade using YUAN – a major blow to the petrodollar
The People’s Republic of China settled its first liquefied natural gas (LNG) trade using the yuan, its own currency – dealing a major blow to the petrodollar. The Shanghai Petroleum and Natural Gas Exchange (SPNGE) confirmed the deal in a March 29 statement sent to Reuters. According to the statement, the trade between the state-owned […]
02/24/2023
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By Arsenio Toledo
Hoarding: China securing more deals to import massive amounts of LNG
China is rushing to sign new long-term deals to import more and more liquefied natural gas (LNG), giving it more control over the critical energy source at a time when global demand for gas is rising. One of the more notable developments is how China Gas Holdings, one of China’s largest private gas distributors, was […]
10/13/2022
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By Arsenio Toledo
Europe to feel impact of turning away from cheap, plentiful Russian energy
Moscow has warned that the European Union’s (EU) decision to turn away from Russian energy will lead to “very deplorable consequences” that will be felt for decades. Speaking to Russia-1, Kremlin Press Secretary Dmitry Peskov warned that Europe attempting to reduce its reliance on Russian energy imports could lead to their deindustrialization for up to 20 years. (Related: […]
04/04/2022
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By JD Heyes
IT BEGINS: Russian gas giant halts shipments to Europe through key pipeline after German CEO warns of impending economic “catastrophe”
Economic fallout between Russia and the rest of Europe worsened on Saturday after a Russian energy giant decided to cut off natural gas to the continent that flowed through a major pipeline. The action by Gazprom to shut down the Yamal-Europe pipeline, a crucial artery for energy flows, came just a day after European countries […]
11/01/2021
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By JD Heyes
Energy suppliers in UK are facing a “massacre” as prices and demand skyrocket while supplies shrink to critical levels; U.S. consumers are next
The energy crunch throughout Europe is about to hit the United Kingdom extremely hard, as suppliers simply cannot keep up with demand as colder temperatures are already setting in ahead of a bleak winter. What’s more, energy suppliers in the UK are going bust at record numbers, with dozens more on the brink, according to […]
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