Russia and Saudi Arabia both rely on oil sales to fund a majority of their budgets. In the last five plus years, China has become the biggest customer for both countries. In fact, China is the world’s largest importer of oil, though it could cut...
Saudi Arabia? Russia? The United States—which is the world’s biggest producer of oil, natural gas, and nuclear power?
Nope. It’s China…by a long way.
Why? Well, China is the world’s biggest producer of hydroelectricity and other...
Nord Stream 2, the company building a gas pipeline between Russia and Germany, has reportedly requested a permit allowing it to use pipe-laying vessels with anchors to complete the final roughly 120-kilometre stretch of pipeline in Danish waters.
Nord...