LNG Exports to Europe Make Sense if East Coast Facilities Built - EIA

EIA administrator Adam Sieminski claims that US deliveries of liquefied natural gas to Europe are more logical move when the required facilities for it are built on the east coast of the United States.

// Jun. 29, 2016 - 07:10 GMT


Brexit May Have Impact on Oil Demand, But ‘Not Huge’

EIA administrator Adam Sieminski claims that the decision of the United Kingdom to exit the European Union, or Brexit, may affect the demand for oil, but the impact will likely not be significant.

// Jun. 29, 2016 - 06:03 GMT


Russian Military Industry Set to Become Driver of Civilian Economy

Economic analyst Dmitri Pskezin comments on the Russian government's plans to successfully convert cutting-edge developments in Russia's military sector to the civilian economy.

// Jun. 28, 2016 - 23:55 GMT


Flexibility of Ruble Shields Russia’s Oil, Gas Producers From Low Prices

Russian oil and gas producers have avoided cuts in large energy extraction projects because of changes in the rubles exchange rate with other currencies, Fitch Ratings said in a press release on Tuesday. </p>

// Jun. 28, 2016 - 23:20 GMT


Russian Helicopters Transfers Two Mi-17 Choppers to Serbian Military

According to the holding press release, Russian Helicopters company has carried out the first delivery of its choppers to Serbia.

// Jun. 28, 2016 - 16:52 GMT


US Treasuries Near Historic Highs as Investors Run for Safety

Investors are buying into US governmental bonds, pushing their value up and depressing the yield, resulting in lower market volatility and profitability, with the yield curve showing pre-recession dynamics for the first time since late 2007.

// Jun. 28, 2016 - 15:53 GMT


How to Dodge the Next (Big) US Recession

Mounting predictions of a US recession arriving later this year or in early 2017 suggest a shift in economic policy might be deemed necessary in order to readjust America's growth potential, avoiding or preventing a period of economic contraction.

// Jun. 28, 2016 - 15:30 GMT


Oil Prices Increase Amid Fears of Petroleum Workers' Strike in Norway

Oil prices rose on Tuesday amid fears of a possible strike by petroleum workers in Norway.

// Jun. 28, 2016 - 14:47 GMT


Japan to Work Closely With G7 to Minimize Impact of Brexit on Markets

Japan will continue to work closely with the G7 states to minimize Brexit impact on global financial markets, Japanese Prime Minister Shinzo Abe said Tuesday.

// Jun. 28, 2016 - 11:41 GMT


Volkswagen to Allocate $14.7 Bln to Settle Emissions Scandal With US

German car maker Volkswagen has agreed to allocate $14.7 billion to settle the emissions scandal with the United States, which accuses the company of installing software in its diesel-engine vehicles falsifying emission tests, media reported Tuesday.

// Jun. 28, 2016 - 08:41 GMT