Russia.

What goes on in Poland on the 19th of May.

What goes on in Poland on the 18th of May.

Three OPEC+ countries have announced additional production cuts to the tune of over 1 m b/d until oil prices drop. The coronavirus did kill the oil deal, but it’s not done yet. Further cuts will be determined by the market, not political declarations – writes Wojciech Jakóbik, editor in chief at BiznesAlert.pl.

According to information obtained by BiznesAlert.pl the level of Russian gas transit via the Polish section of the Yamal gas pipeline had dropped before the coronavirus pandemic started. This is what a new reality may look like after the transit contract expires in May 2020, and Gazprom will find it increasingly harder to compete for […]

Could Belarus import gas via Poland through the Yamal gas pipeline after the transit deal expires? In theory – yes. However, in practice it will be very difficult – writes Wojciech Jakóbik, editor in chief at BiznesAlert.pl.

The German daily Handelsblatt has published bombshell news that may decide about the future of Nord Steam 2. If it is confirmed, the gas pipeline will be in even more trouble than that caused by the coronavirus pandemic, which has already undermined its profitability – writes Wojciech Jakóbik, editor in chief at BiznesAlert.pl.

The oil price crisis is affecting every oil producer in the world. At a time like this oil companies are trying to outdo their competition in assurances on how long they are able to last. In case of Russia’s ability to withstand the crisis contradictory information cropped up. What is the real price of extracting […]

Russia will continue using energy for foreign policy leverage. The catastrophe coming to Kremlin will not stop it even if it means incoming revolution in Russia. The proof is continued lobbying for Nord Stream 2, which increased in fact in spite of coronavirus – said Margarita Assenova, Jamestown Foundation Senior Fellow to BiznesAlert.com.

Polskie Górnictwo Naftowe i Gazownictwo (PGNiG – Polish Oil and Gas Company) announces that Gazprom has failed to comply with the final award issued by the Arbitration Institute of the Stockholm Chamber of Commerce (SCC) in response to a suit brought by PGNiG. The award of March 30th 2020 amended the pricing formula used to […]

Unfortunately, the coronavirus will not only not delay the construction of Nord Stream 2, but it actually seems that this tragic crisis will be shamelessly used to quietly introduce harmful solutions. At a moment when everybody is focused on the increasing number of victims and Europe is united in its efforts to fight the plague, […]