The fourth LNG carrier involved in transporting liquefied natural gas from the sanctioned Arctic LNG-2 project has arrived at the Beihai LNG terminal in China, Reuters reported, citing LSEG data.
The LNG tanker Buran is currently at the port of Tieshan, located in China’s Guangxi region, according to vessel tracking data.
The first delivery from Arctic LNG-2 to a buyer since the plant’s launch at the end of 2023 was reported in late August. That shipment was made to this terminal by the LNG tanker Arctic Mulan, followed in early September by the carriers Voskhod and Zarya.
Shipments from Arctic LNG-2 have been complicated by the risk of secondary sanctions and a shortage of LNG tanker capacity.
Austria has won the right to block financing for Hungary’s Paks II nuclear power plant, which is being built by the Russian state corporation Rosatom. This is confirmed by a ruling of the EU Court of Justice. The EU Court annulled a decision of the EU General Court and declared invalid the European Commission’s approval […]
In August, Russia’s economy recorded its lowest revenues from raw material exports in all three years of the full-scale war in Ukraine, according to data from the Finnish analytical center CREA. On average, exports of oil, gas, petroleum products, and coal brought Russia €564 million per day — 2% less than in July and 11% […]
The decline in Russia-China trade, which began in 2025 for the first time since the start of the war in Ukraine, continues to accelerate, Reuters reports. In August, China’s purchases of Russian goods collapsed by 17.8% year-on-year, according to Chinese customs data. Shipments of Chinese goods to Russia fell by 16.4%. Overall bilateral trade dropped […]
The port of Primorsk on the Baltic Sea, which handles over a quarter of Russia’s crude oil exports, has suspended shipments, Reuters reported, citing informed sources. According to media reports, the country’s largest oil terminal, with a capacity of more than 1 million barrels per day, came under a drone strike on the night of […]
The Verkhovna Rada has approved a presidential decree on the compulsory seizure in Ukraine of property owned by the Russian Federation, MP Oleksiy Honcharenko from the European Solidarity faction announced on his Telegram channel. “The Rada approved the president’s decree on the seizure of 1,592 railway cars belonging to Russian residents,” the lawmaker wrote. Bill […]
China’s Heihe Rural Commercial Bank, which came under EU sanctions, has stopped accepting payments from Russia, Russian media report. The information was confirmed by sources at two Russian banks and four importers facing the issue. Heihe Rural Commercial Bank had been among the last Chinese lenders willing to open correspondent accounts for Russian financial institutions […]
Diamonds from Russia continue to enter EU and U.S. markets despite G7 and EU sanctions against Alrosa — Russia’s largest producer and one of the world’s leading players in the industry. This was reported by journalists from OCCRP (Organized Crime and Corruption Reporting Project) along with several European media outlets. Armenia has become the key […]
The American pharmaceutical company Pfizer may apply for permission to use its oral drug for the treatment of COVID-19, at the end of this year. This was announced on Thursday by the Chairman of the Board and Chief Executive Officer of Pfizer Albert Burla. “In addition, our scientists are developing an oral drug to treat […]
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Egypt is losing about $ 14 million a day due to the blockade of the Suez Canal by the giant container ship Ever Given. The head of the Suez Canal Osama Rabi in an interview with eXtra News stated this. It is difficult to calculate the exact amount of losses, as the fees that Egypt […]
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The European aerospace corporation Airbus has announced a decision to recall around six thousand A320-family aircraft due to identified issues in the ELAC flight-control system. The planes are scheduled to undergo repairs. The news was reported by Reuters. The repair campaign includes rolling back aircraft to a previous version of the software. The procedure takes […]
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Amazon founder and CEO Jeff Bezos sold shares of the company worth about $ 6.7 billion for the period from 3 to 10 May. This was reported by Interfax on Wednesday, May 12, citing data from the Securities and Exchange Commission (SEC). In particular, from May 3 to 6, Bezos sold 1.48 million shares for […]
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Tesla Inc. paid its chairman and founder, Elon Musk, $ 3 million in compensation for D&O insurance to defend, settle disputes, or make court decisions. This was reported by Insurance Business. This insurance covers the expenses of the members of the board of directors, which are not included in the general expenses of the top […]
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India’s state-owned oil refiners, Indian Oil and Bharat Petroleum, have bought Russian crude for January deliveries, taking advantage of discounts and available volumes from suppliers not under sanctions, Bloomberg reports. An unspecified number of cargoes was contracted at a discount of around $5 per barrel from new trading entities. For comparison, a month earlier the […]
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In the 9th year AD, the Roman proconsul Publius Quinctilius Varus returned to the German provinces with three legions to suppress the rebellion of the tribe. He did it successfully three years earlier – but this time, the enemy has decided to change strategy, and the legions were destroyed. Last cry of Varus is known […]
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KSG Agro agroindustrial company (Dnipropetrovsk region) initiates the restructuring of debt in the amount of $ 20 million. The company offers compensation to creditors in the amount of 1% of each of the outstanding principal. This was said in a statement of the company. In particular, the Board of Directors announced that the company has […]
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The American company Airbnb, which is the operator of the rental service of the same name, expects to raise $ 1 billion through an initial public offering (IPO). This is stated in a statement posted on Monday on the website of the Federal Securities and Exchange Commission. The company clarifies that its plans are “preliminary […]
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The Cabinet of Ministers has approved the allocation of more than ₴2.4 billion in additional funding for roads and fuel for generators in Ukraine’s frontline regions. Prime Minister Yuliia Svyrydenko announced the decision on Telegram following a visit to Kharkiv. According to her, the government allocated an additional ₴665.3 million for the purchase of fuel […]
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Automaker Ford is recalling more than 103,000 F-150 pickup trucks in the U.S. due to an issue with axle bolts that may break, potentially causing the vehicle to roll away or lose drive power. The announcement was made by the U.S. National Highway Traffic Safety Administration (NHTSA). The axle bolt defect may damage components that […]
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The American corporation The Walt Disney Company has announced the forthcoming closure of the animated studio Blue Sky Studios, which has created a number of world-famous cartoons. Bloomberg announced this on Tuesday, February 9, citing a company statement. “Given the current economic situation, after much deliberation and evaluation, we have made a difficult decision to […]
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In the first quarter of 2021, PrivatBank’s profit amounted to UAH 2.4 billion, which is 4.3 times less than in the same period last year (UAH 10.4 billion). This was reported on the bank’s website. “Changes in the world economy and Ukraine’s economy, first of all, the growth of yields on long-term US government treasury […]
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Newspaper Financial Times found that IT-Oracle Corporation wants to buy Chinese video service TikTok. About this edition with reference to sources wrote on August 18. Official information about negotiations in ByteDance (it owns TikTok), nor Oracle did not comment. According to sources of FT, the company also is negotiating with investors who own shares in […]
NextA recent study by the Law Society of Scotland has shown a 42% pay gap between female solicitors and their male counterparts, despite women representing half of the legal profession in Scotland. The Law Society found that from the age of 36, women are paid a lower salary, on average £18,000 less, than men of […]
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In the June forecast, the European Bank for Reconstruction and Development improved its expectations for Ukraine’s economic growth in 2021 from 3% to 3.5%. The EBRD forecasts the same growth next year. The Bank’s analysts believe that the main risks to Ukraine’s economy are related to the slow progress of reforms in the country and […]
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