Germany can guarantee the security of supply even without Russian gas or oil, Economy Minister Robert Habeck said on Thursday. “We will have to buy more gas, but also coal Continue Reading
New gas contracts with Russia are inconceivable, the chair of Germany’s foreign affairs committee told broadcaster RTL/ntv on Thursday after Russian forces launched an invasion of Ukraine. Michael Roth, a Continue Reading
Russian gas exports via Ukraine have continued as normal and are in line with requests from consumers, Russian energy giant Gazprom said on Thursday. The company said the requests have been Continue Reading
President Joe Biden on Tuesday rolled out the first of what the U.S. says could be an ever-fiercer, ever-broader cascade of financial sanctions and penalties over Russia’s moves against Ukraine. Continue Reading
NATO ambassadors gathered Thursday morning for an emergency meeting in response to Russia’s invasion of Ukraine with a pledge to defend alliance members and support Ukraine, which isn’t a member. Russia’s attack Continue Reading
Key Russian aluminum supplier may not face sanctions: sources Nickel prices on SHFE hit all-time high Major trader holding Russian copper sells off on sanction fears Russia’s invasion of Ukraine Continue Reading
Highlights TTF month-ahead price up 28% to Eur114/MWh at 0730 GMT Contract surged as high as Eur120/MWh in early trade Europe’s TTF gas price made huge gains in early trade Continue Reading
The IEA is monitoring the potential implications for energy markets. The IEA noted this week that it is monitoring, with growing concern, Russia’s recent statements and actions, and their potential Continue Reading
Oil prices stabilized on Wednesday after hitting seven-year highs in the last session as it became clear the first wave of U.S. and European sanctions on Russia for sending troops Continue Reading
European natural gas surged and oil rallied after the dramatic escalation of the Russia-Ukraine conflict. Oil pared gains as U.S. President Joe Biden appeared to avoid implementing the harshest sanctions Continue Reading
