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Sanctions PR: What the 18th EU Sanctions Package Means for Russia
... 'feature' has become the new price ceiling for oil, although initially, the Europeans wanted to include a roadmap for ending Russian gas purchases in this package. However, since these restrictions could negatively impact Belgium and France, they backed off from ... ... Brent is expected to hover around $65 per barrel," the expert recalled.
Moreover, he mentioned that tracking the ban on imports of gasoline, diesel, and other petroleum products from countries processing Russian oil will be challenging for the EU,...
Economic Events and Corporate Reports - Friday, July 25, 2025: EU-China Summit, CBR Rate, Durable Goods Orders (USA)
... world's leading copper producers (the company's assets are concentrated in Latin America). Southern Copper's financial results are important for understanding the dynamics of the raw materials market, as copper is considered a barometer of global industrial ... ... results or cautious forecasts may heighten fears of market saturation and margin pressures.
Eni S.p.A.
– an Italian oil and gas giant releasing results for Q2 amid volatile energy prices. Investors will analyze Eni's oil and gas production volumes, as ...
Economic News: Saturday, July 26, 2025 - CBRF Reduces Rate, Wall Street Hits New Highs
... key market of China, where competition from local electric vehicles is intensifying, as well as costs resulting from American import tariffs. The company was forced to lower the profit forecast for the entire year. Despite revenue growth in the electric ... ... supported NatWest stock and generally reinforced trust in the stability of the UK banking sector.
Eni S.p.A.
– Italian oil and gas giant reported a profit decline but exceeded analysts' expectations. Eni’s adjusted net income in Q2 amounted to €1.13 ...
The United States has allowed transactions with Russian banks in the energy sector: what does this mean
... several Russian banks, including the Central Bank of Russia, Sberbank, VTB, and Rosbank. This decision, effective until April 30, also lifts sanctions on Prominvestbank. The measure allows for the continuation of transactions related to the supply of oil, gas, and other raw materials.
This move demonstrates the flexibility of U.S. sanctions policy towards Russian energy. It highlights the importance of energy resources to the global economy, particularly in the context of global supply stability. Amid rising energy prices and tension in global energy markets, the U.S. aims to avoid disruptions by maintaining the possibility of cooperation ...
Solar Power Plant in Gansu: How China Implements Innovations for Carbon Neutrality
... infrastructure (power lines, substations) and reduces the overall cost of clean energy production.
Aiming for Carbon Neutrality
China is the largest producer and consumer of energy in the world, and the transition to low-carbon technologies is critically important for the country. China has officially set a goal to peak greenhouse gas emissions by 2030 and achieve complete carbon neutrality by 2060. To meet these targets, the country is making substantial investments in renewable energy—from solar and wind power plants to hydropower and new energy storage technologies. China ...