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G7 agrees to reduce dependency on Russian nuclear energy supplies

"We note the ongoing efforts by countries which operate Russian-designed reactors to make progress in securing alternative nuclear fuel contracts and to reduce dependencies related to spare parts, components, and services," read the statement issued after a two-day ministerial summit in Torino, Italy. ....

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India defends oil exports post EU's Russian fuel call

India’s External Affairs Minister S Jaishankar hit back on the European Union foreign policy chief Josep Borrell’s call for action on imports of Indian-refined oil with Russian origins. ....

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US May Step Up Pressure on Orban Gov't, Resort to Sanctions

The United States is considering imposing restrictions against Hungary over the country’s refusal to amend its pro-Russia stance . ....

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Europe Unable to Replace All of Russian Gas Supply With Other Sources, EU Energy Chief Says

WASHINGTON (Sputnik) - It is not possible for Europe to replace the entirety of its Russian gas supply with alternative sources, European Commissioner for. 06.12.2022, Sputnik International ....

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WEF 2022: Not just India, even the Saudis have capped fuel prices to beat inflation

Noting that Russia was the world’s largest oil and natural gas exporter in 2021, the IEA warns that the disruption has thrown energy markets into turmoil and created major ‘energy security’ and ‘energy poverty’ risks worldwide today. ....

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