The case for and against EU sanctions on Russian oil
European Union countries on Thursday approved a ban on Russian coal imports from August as part of new measures against Moscow, but are split over whether oil or gas sanctions Continue Reading
Russia says coal earmarked for Europe can be redirected to other markets
Kremlin spokesperson Dmitry Peskov said on Friday that coal was in high demand and that Russian coal earmarked for Europe would be redirected to other markets if the EU refused Continue Reading
Germany could end Russian oil imports this year – Scholz
Germany could end Russian oil imports this year, Chancellor Olaf Scholz said on Friday, signalling the urgency driving Europe’s biggest economy to wean itself off energy from Russia following its Continue Reading
OGE plans pipeline link for Wilhelmshaven LNG terminal
Germany’s biggest pipeline network operator Open Grid Europe (OGE) plans to build a 30km liquefied natural gas (LNG) link from a planned terminal at the North Sea port of Wilhelmshaven Continue Reading
Russia Cut to Selective Default by S&P After Ruble Payments
S&P Global Ratings cut Russia’s unsolicited foreign currency issuer credit ratings to selective default as it became the last major agency to pull sovereign ratings on the country. “The foreign Continue Reading
Half of Harvests in Crop Giant Ukraine Could Be Wiped Out by War
How War in Ukraine Complicates the Global Grain Trade Sign up here to get the latest updates on the Russian invasion of Ukraine. You can also follow us on Telegram Continue Reading
Russia’s First Default in a Century Looks All But Inevitable Now
Russia’s first external default in a century now looks all but inevitable after another brutal week for the country’s finances. First, the Treasury halted dollar debt payments from Russia’s accounts Continue Reading
Some of the Biggest Brands Are Leaving Russia. Others Just Can’t Quit Putin. Here’s a List.
In the latter half of the 1980s, roughly 200 American companies withdrew from South Africa, partly in protest against its apartheid system. As businesses fled the country, South Africa’s segregationist Continue Reading
European coal, German power prices rise on phased-in Russian coal embargo
Impacts quarter of Russian coal exports, Eur8 bil/year loss: EC German Cal trades at Eur197/MWh, year-ahead coal hits $230/mt European coal and German forward power prices rose further April 8 Continue Reading
EU agrees to adopt fifth sanctions package, including ban on Russian coal imports
Ban to apply to all forms of coal Amounts to Eur8 bil/year loss in revenue for Russia EU imports around 50 mil mt/year of Russian coal: Euracoal The European Council Continue Reading