Hungary and Slovakia are seeking solutions for paying Russian gas suppliers after U.S. sanctions on Gazprombank raised payment challenges. Talks are underway to resolve the issue.
Hungary and Slovakia are exploring ways to make payments for Russian gas after new U.S. sanctions on Gazprombank created uncertainty.
Hungary’s Foreign Minister Peter Szijjarto plans talks with Russian Deputy PM Alexander Novak to find a legal solution for future payments. The U.S. sanctions, imposed on November 21, complicate payments via Gazprombank, which had previously facilitated currency conversions into roubles.
Slovakia's state-owned SPP is facing difficulties with an upcoming payment, and failure to pay could lead to suspension of gas supplies. Russia has since cancelled the option for buyers to convert currencies into roubles at Gazprombank.
Other European buyers, particularly in the Balkans, are also impacted.
South Africa and the European Union vowed to defend multilateralism on Thursday (November 20), ahead of the G20 summit, as they signed a partnership o...
More international support is needed to stabilise the Palestinian fiscal situation, the European Commissioner for the Mediterranean Dubravka Suica sai...
Russian President Vladimir Putin visited the command post of the Russian forces “West” grouping on Thursday (November 20), meeting with Chief of R...
The White House said on Thursday (November 20) that senior Trump administration officials met with Ukrainian representatives this past week to discuss...
President Donald Trump on Thursday (20 November) assailed Democratic lawmakers who told members of U.S. military they must refuse any illegal orders, ...
In the first nine months of this year, 10.2 billion cubic metres of gas were produced from the Azeri-Chirag-Gunashli (ACG) block in the Azerbaijani sector of the Caspian Sea, according to operational data released by the Ministry of Energy.
Russian gas supplies to Armenia will be suspended for 10 days beginning from Tuesday due to planned maintenance work on the North Caucasus-Transcaucasia main pipeline in Russia’s Stavropol region,Gazprom Armenia announced on Monday.
Russian energy giant Gazprom has signed agreements with Kazakhstan and Mongolia to boost gas cooperation, including increased deliveries to Kazakhstan in 2025–2026 and a study on gasification in Mongolia’s capital, Ulaanbaatar.
Azerbaijan’s Minister of Economy, Mikayil Jabbarov, spoke to journalists at the ceremony marking the launch of natural gas transit from Azerbaijan to Syria via Türkiye.
Indonesian authorities evacuated more than 900 people from nearby villages and were helping 170 stranded climbers return safely after the eruption of Semeru volcano, one of the country's tallest mountains.
Iran's air force, heavily reliant on aging F-14A Tomcat jets, faces a growing technological gap as its neighbors rapidly modernize their air forces with advanced fighter jets and air defense systems.
Ukraine says it will seek almost $44 billion from Russia to cover the climate damage caused by wartime emissions, marking the first attempt by any nation to bill an aggressor for its carbon footprint during conflict.
A fresh wave of floods and landslides triggered by heavy rainfall in central Vietnam since the weekend has claimed at least eight lives, according to a government report on Wednesday. Traders have also cautioned that the extreme weather could disrupt the ongoing coffee harvest.
Germany has returned 12 royal-era cultural artefacts to Ethiopia in a ceremony in Addis Ababa, marking a formal step in ongoing cultural cooperation between the two countries.
South Africa and the European Union vowed to defend multilateralism on Thursday (November 20), ahead of the G20 summit, as they signed a partnership on critical minerals.
More international support is needed to stabilise the Palestinian fiscal situation, the European Commissioner for the Mediterranean Dubravka Suica said on Thursday (November 20).
Russian President Vladimir Putin visited the command post of the Russian forces “West” grouping on Thursday (November 20), meeting with Chief of Russia’s General Staff Valery Gerasimov and senior military officials, the Kremlin said.
The White House said on Thursday (November 20) that senior Trump administration officials met with Ukrainian representatives this past week to discuss a peace plan designed to be acceptable to both Ukraine and Russia.
President Donald Trump on Thursday (20 November) assailed Democratic lawmakers who told members of U.S. military they must refuse any illegal orders, calling them traitors and saying they should face the death penalty.
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