sanctions.

Republican senators John Barrasso Cory Gardner and Steve Daines introduced a legislation that would impose US sanctions on Nord Stream 2. ESCAPE Act is also to support NATO allies who are put under Russia’s pressure by using the energy sector. 

Russia won the game against Saudi Arabia during the World Cup and scored 5:0. What was more important, however, was the behind-the-scenes talk about the future of the oil agreement – writes Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl.

Austria and Germany are blocking the works on the Gas Directive, which may subordinate the contested Nord Stream 2 to EU law, using fatigue of the topic in Brussels – writes Wojciech Jakóbik, editor-in-chief of BiznesAlert.pl.

On 22 May, the Russian State Duma adopted a law on measures to counter the hostile actions of the United States and other countries (the so-called counter-sanctions law). In the coming days it will be adopted by the Federation Council and signed by the President. The law includes six general potential restrictions, which the Russian […]

What goes on in Poland on the 24th of May.

Poland will not impose sanctions on Iran and it will adhere to European Union’s policies on the nuclear deal, Polish Foreign Minister said.

Better safe than sorry. In January 2017, I wrote that although Iran is tempting Poland, Polish companies are cautious. Donald Trump confirmed their fears announcing the withdrawal of the US from the nuclear agreement with Iran. All Poles will feel the indirect effects of his decisions at gas stations – says Wojciech Jakóbik, editor-in-chief of […]

What goes on in Poland on the 7th of May.

Most Russian oil producers restored 2017 profitability close to 2014 levels due to a price rebound, the smoothing impact of the oil production tax regime and the weaker rouble, Fitch Ratings says. Production cuts by Russian producers related to the OPEC+ agreement were marginal, so did not have an impact on profitability and cash flow […]

German Chancellor is pressing on minimum transit of Russian gas via Ukraine, aiming to conclude at the Nord Stream 2 deal that was forged by Russia supporters in her government. Gazprom conveniently applauds. Meanwhile, the documents obtained by BiznesAlert.pl show that the Commission is yielding to Russian giant in its antitrust proceeding – by Wojciech […]