G7 to impose ban on imports of Russian gold
The Group of Seven nations, a bloc of the world’s wealthiest states, plans to impose a ban on imports of Russian gold, US President Joe Biden said in a tweet Continue Reading
Russia Defaults on Foreign Debt for First Time Since 1918
WATCH: Russia has defaulted on its foreign-currency sovereign debt for the first time since 1918. Su Keenan reports. Russia defaulted on its foreign-currency sovereign debt for the first time in Continue Reading
German Gas Crisis Is Manageable, But Next Steps Are Hard
Lower Russian gas flows are leaving Germany in a dangerous situation, but whether this turns into a full-blown energy crisis may depend on how willing European partners are to spread Continue Reading
Gas Jumps as Europe Struggles to Fill Russian Supply Gap
European natural gas prices rose as Russia’s deep supply cuts are slowing the pace of refilling storage sites, threatening to fall short of the levels required to keep homes warm Continue Reading
EU Nations Brace for Spat Over Flagship Fund to Help Green Shift
European Union governments are poised for a fight over the the size of a fund designed to cushion some consumers from costs in a new carbon market, with France to Continue Reading
Russian Gas Cuts Threaten World’s Largest Chemicals Hub
For years, BASF SE , BASFY 2.18%▲ one of the world’s largest chemicals companies, built its business model around cheap and plentiful Russian natural gas, which it uses to generate Continue Reading
Nato set to bolster defence of Baltics against Russian threat
Nato is to agree an overhaul of its battle plans to offer better protection to the alliance’s eastern flank, tearing up a model that could have meant relinquishing and then Continue Reading
EU Council adopts new minimum gas storage rules in final step of approval
Highlights Follows European Parliament approval on June 23 EU stocks currently at 55.7% of capacity European gas prices remain at sustained highs The EU’s new rules on minimum gas storage Continue Reading
Australian-German business coalition releases roadmap for large-scale green hydrogen import to Germany
A group of leading German companies along with Australia’s Fortescue Future Industries (FFI) has released a green hydrogen roadmap, outlining a set of recommendations for government and industry, to meet Continue Reading
Airbus and Linde to cooperate on hydrogen infrastructure for airports
Airbus and Linde, a leading global industrial gases and engineering company, have signed a Memorandum of Understanding (MoU) to work on the development of hydrogen infrastructure at airports worldwide. The Continue Reading