The Spanish government has prepared to save the economy from the crisis caused by the COVID-19 pandemic with an investment plan worth 150 billion euros.

Saudi Arabia may declare an oil war on Angola and Nigeria. It is reported by the American publication The Wall Street Journal.

Gerhard Schroeder assessed the new sanctions against the Nord Stream 2 gas pipeline, which are being prepared by the US, as “a deliberate termination of the transatlantic partnership”...

Chinese oil refineries, including China Petroleum & Chemical Corp., Sinochem, PetroChina, and China National Offshore Oil Corporation are in talks to form a group for joint oil purchases abroad.

A new bill has been introduced in the House of representatives of the US Congress called “on clarifying the law on protecting the energy security of Europe”, aimed at the Nord Stream 2 gas pipeline

The coronavirus pandemic hit the global economy badly — 60 million people could end up in extreme poverty. This statement was made by World Bank President David Malpass.

The program provides for temporary VAT reductions, material assistance for children, and billions for transport infrastructure.