Putin’s Ukraine aims unchanged
U.S. intelligence sources indicate that Russian President Vladimir Putin still intends to take control of all of Ukraine and reclaim parts of Europe t...
Gazprom has signed new agreements with its Chinese partners to support the launch and operation of the cross-border section of the Far Eastern gas export pipeline to China.
The documents were signed in the presence of Alexey Miller, Chairman of the Gazprom Management Committee at the St. Petersburg International Economic Forum (SPIEF) 2025.
A strategic cooperation between Russia and China in gas sector was discussed during the Alexey Miller and Ding Xuexiang, Vice Premier of the State Council of the People’s Republic of China. It was noted that the overall exports of Russian pipeline gas have already exceeded 100 billion cubic meters since the start of supplies to China.
They reviewed the progress of the project for the Far Eastern route and stated that the gas supplies via the route are scheduled to begin in 2027.
The agreements—covering operational control and technical maintenance —were signed with China National Petroleum Corporation (CNPC) and PipeChina.
According to Gazprom, the agreements outline cooperation during the launch phase and subsequent operation of the pipeline’s cross-border segment, which will cross the Ussuri River near Dalnerechensk (Russia) and Hulin (China).
This follows the long-term Sales and Purchase Agreement signed in February 2022 between Gazprom and CNPC for gas deliveries via the Far Eastern route. Once fully operational, the project will add 10 billion cubic meters of Russian pipeline gas exports to China annually.
Ukraine has welcomed the European Union’s decision to provide €90 billion in support over the next two years, calling it a vital lifeline even as the bloc failed to reach agreement on using frozen Russian assets to finance the aid.
European Union foreign policy chief Kaja Kallas has warned that attempts to reach a peace agreement in Ukraine are being undermined by Russia’s continued refusal to engage meaningfully in negotiations.
Petroleum products are being transported by rail from Azerbaijan to Armenia for the first time in decades. The move is hailed as a tangible breakthrough in efforts to normalise relations between the long-time rivals.
Chinese Foreign Minister Wang Yi has held a phone conversation with his Venezuelan counterpart Yvan Gil at the latter’s request.
A rare pair of bright-green Nike “Grinch” sneakers worn and signed by the late NBA legend Kobe Bryant have gone on public display in Beverly Hills, ahead of an auction that could set a new record for sports memorabilia.
Warner Bros Discovery’s board rejected Paramount Skydance’s $108.4 billion hostile bid on Wednesday (17 December), citing insufficient financing guarantees.
Ford Motor Company said on Monday it will take a $19.5 billion writedown and scrap several electric vehicle (EV) models, marking a major retreat from its battery-powered ambitions amid declining EV demand and changes under the Trump administration.
Iran has rolled out changes to how fuel is priced at the pump. The move is aimed at managing demand without triggering public anger.
U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices.
The U.S. Federal Reserve’s Federal Open Market Committee (FOMC) cut its benchmark interest rate by 25 basis points to a range of 3.50% to 3.75% following its two-day policy meeting, according to an official statement issued on Wednesday, 10 December.
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