PetroChina may temporarily halt purchases of spot U.S. liquefied natural gas spot cargoes through the winter to avoid potential tariffs as a result of the trade war between the U.S. and China.
"The chaos that has engulfed the NATO summit is yet further confirmation of the world’s transition from a unipolar to a multipolar order, with the return of great-power competition and different states jockeying for hegemony. Trump is adapting to this environment by seeking to survive politically in a hostile environment."
"Germany is captive of Russia because it is getting so much of its energy from Russia. They pay billions of dollars to Russia and we have to defend them against Russia..."
The Polish secret services have detained a government official on allegations he had been spying for Russia, informing Moscow about Poland’s plans on how to put the brakes on the Nord Stream 2 gas project.
"We’ve got about $1.5 billion of projects under way right now that use quite a bit of steel, so we were trying to figure out how bad that hurts, depending on where we made orders..."