• 3 minutes Looming European Gas Crisis in Winter and North African Factor - a must read by Cyril Widdershoven
  • 7 minutes "Biden Targets Another US Pipeline For Shutdown After 'Begging' Saudis For More Oil" - Zero Hedge Monday Nov 8th
  • 12 minutes "UN-Backed Banker Alliance Announces “Green” Plan to Transform the Global Financial System" by Whitney Webb
  • 22 hours Microbes can provide sustainable hydrocarbons for the petrochemical industry
  • 3 hours CO2 Electrolysis to CO (Carbon Monoxide) and then to Graphite
  • 5 hours Hunter Biden Helped China Gain Control of Cobalt Mines in Africa
  • 10 hours NordStream2
  • 1 day GREEN NEW DEAL = BLIZZARD OF LIES
  • 12 mins Building A $2 Billion Subsea Solar Power Cable From Chile To China
  • 4 days Is anything ever sold at break-even ? There is a 100% markup on lipstick but Kuwait can't break-even.
  • 4 days Modest drop in oil price: SPRs vs US crude inventory build
  • 5 days 2019 - Attack on Saudi Oil Facilities.
  • 13 hours "Gold Set To Soar As Inflation Fears Mount" by Alex Kimani
  • 5 days Monday 9/13 - "High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year" by Irina Slav
  • 6 days Ukrainian Maidan after 8 years
Why Is Ukraine Ignoring Its Massive Bioenergy Potential?

Why Is Ukraine Ignoring Its Massive Bioenergy Potential?

Bioenergy offers a promising alternative…

Guyana Is Walking A Fine Line With Its Oil Boom

Guyana Is Walking A Fine Line With Its Oil Boom

Guyana, one of the poorest…

Will Russia Hike Romanian Energy Prices Following WW2 Comments?

Romanian Senate Speaker Mircea Geoana has characterized recent statements by President Traian Basescu on World War II as "a diplomatic blunder" with negative repercussions on the relations between Romania and the Russian Federation.
In a televised interview, Basescu said he agreed with Marshal Ion Antonescu, who declared war on the Soviet Union in 1941, adding that he would have done the same, Gandul newspaper reported.

The Russian Federation’s Foreign Ministry was quick to react, saying in a statement, "Russia is outraged by Romanian President Traian Basescu's recent remarks that 'in place of Marshal Ion Antonescu in 1941, he too would have ordered Romanian soldiers to cross the Prut River,' to participate in the aggression of Hitler's Germany against the USSR. Such a statement, made all the more so on the sad day of the 70th anniversary of the start of the Great Patriotic War, during which our people lost 27 million lives, is impossible to explain. It is absolutely obvious that such shameless bravado, justifying the fascist aggression and desecrating the memory of the millions of Nazi victims, is intolerable and should get an adequate assessment from civilized Europe,"

Geoana called Basescu's statement about the World War II "a mistake and a diplomatic blunder," adding, "We need to negotiate a new natural gas import contract and the Russians will raise the price of gas because of President Basescu's statement." Before concluding that Romania needed a normal dialogue with the Russian Federation, even if "they will never love each other."
 
By. Charles Kennedy, Deputy Editor OilPrice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News