energy
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Hungary and Slovakia Form Committee to Assess Druzhba Pipeline
Hungary and Slovakia have agreed to form a committee tasked with technical evaluation and coordination to restore oil flow through the Druzhba pipeline.
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Iran Faces World Cup Controversy and Energy Pivot Amid Global Pressures
Iran confronts FIFA over the ‘Pride Match’ branding of its World Cup game against Egypt, while simultaneously navigating international sanctions by forging new energy partnerships. These parallel challenges highlight the complexities Iran faces on both global sporting and economic fronts.
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Viktor Orbán’s Moscow Visit: Energy Security and Diplomacy Amid War in Ukraine
Hungary’s Prime Minister Viktor Orbán made a rare trip to Moscow to meet Vladimir Putin, prioritizing energy security for Hungary as war in Ukraine continues. Orbán’s stance sets him apart from other EU leaders, deepening questions about Europe’s unity on…
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What’s at Stake: Trump-Saudi Ties, Energy Deals, and the Global Race for Influence
From billion-dollar defense and energy agreements in Washington to high-profile stake sales reshaping music and mining, the concept of ‘stake’ is driving major shifts in global power, business, and culture.
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Michigan’s Largest Data Center Project: Stephen Ross, Oracle, and OpenAI Transform Saline Township
A massive partnership between Stephen Ross’ Related Digital, Oracle, and OpenAI is set to reshape Saline Township, Michigan, with the construction of a $multi-billion hyperscale data center. The project promises high-tech jobs, energy innovation, and environmental challenges for the small…
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EU and NATO Face Pressure Over Tariffs on China and India Amid Russia Sanctions Push
As calls intensify for the EU and NATO to impose harsh tariffs on China and India to curb Russian oil revenues, European leaders grapple with internal divisions and economic risks, while Washington ties its next moves to allied unity.
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Trump Called For NATO Countries To Cease Purchasing Russian Oil
Hungary navigates a complex geopolitical landscape, balancing NATO obligations, energy dependence, and EU regulations.
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Electric Vehicles Save Drivers Despite Initial Costs
Electric vehicles offer significant long-term savings for drivers, balancing their upfront costs with reduced fuel and maintenance expenses.
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Digital Transformation Powers Energy’s Future: EPAM and Baker Hughes Join Forces
EPAM Systems and Baker Hughes have launched a strategic partnership aimed at accelerating digital transformation and AI adoption in the energy sector. EPAM will serve as Baker Hughes’ primary systems integration partner for digital and AI implementations, focusing on optimizing…
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Gazprom Armenia’s $143 Billion Investment Program Approved by PSRC
The Public Services Regulatory Commission of Armenia has approved Gazprom Armenia’s investment program for 2025-2029, amounting to 143.045 billion AMD excluding VAT. Initially proposed at 144.027 billion AMD, the program’s budget was reduced by 981.84 million AMD following a comprehensive…
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Russia no longer supplies gas to Austria, and enriched uranium to the US
Russia has escalated its energy conflict with Europe and the United States by halting gas deliveries to Austria and imposing restrictions on enriched uranium exports to the U.S., marking two significant moves in response to Western sanctions. Gazprom, Russia’s state-owned…
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Global Oil Prices See Significant Gains After OPEC+ Postpones Production Increase
Oil prices jumped sharply on Monday after OPEC+ announced its decision to delay December’s planned production increase by one month. The market remains tense as it anticipates both the U.S. presidential election and a key meeting in China this week.…
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New Energy Programs in Armenia and Their Impact on the Economy
According to Azat TV the energy sector in Armenia is currently on the threshold of important reforms and development programs aimed at reducing external dependence and promoting economic stability. However, to what extent are these programs sufficient for the country’s…