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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Putin has highlighted on various occasions the contribution Russia’s mineral wealth, in particular oil and natural gas, must make for Russia to be able to sustain economic growth, promote industrial development, catch up with the developed economies, and modernize Russia’s military and military industry. Russia supplied about 30 percent (146.6

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Europe moves forward on the Energy Union; transport key element

Green Car Congress

Six Member States depend on a single supplier for their entire gas imports and therefore remain too vulnerable to supply shocks. It has also been estimated that every additional 1% increase in energy savings cuts gas imports by 2.6%. The EU needs to diversify its supply of gas and make it more resilient to supply disruptions.