German gas importer Uniper has said that the country does not rule out undertaking gas rationing at some point following Russia’s decision to indefinitely halt gas flows via the Nord Continue Reading
Gas transmission via the Nord Stream gas pipeline has been fully shut down. Gas transmission via the Nord Stream gas pipeline has been fully shut down, Gazprom revealed in a Continue Reading
Finland and Switzerland provided billions in financial support to power companies on Tuesday, as Europe scrambles to secure energy supplies in a deepening crisis sparked by Russia’s move to shut Continue Reading
Flows of Russian gas to Europe via Ukraine were stable on Tuesday morning, while the Nord Stream 1 pipeline from Russia to Germany remained shut and eastbound gas flows via Continue Reading
Siemens Energy (ENR1n.DE) said on Tuesday it does not comprehend Gazprom’s (GAZP.MM) presentation of the situation with the Nord Stream 1 pipeline, which the Russian energy giant said will not Continue Reading
Incoming British prime Minster Liz Truss is planning a 40 billion pound ($46.22 billion) support package for businesses to help them cope with rising energy costs, Bloomberg News reported on Continue Reading
Energy bills for European households will surge by 2 trillion euros ($2 trillion) at their peak early next year, underscoring the need for government intervention, according to Goldman Sachs Group Continue Reading
German factory orders fell for a sixth month as inflation and uncertainty about energy supplies undermine Europe’s largest economy. Demand slipped 1.1% from June, driven by a slump in consumer Continue Reading
Reducing the availability of insurance services is seen by Western leaders as a way of reducing Russian crude exports. Russia stated last week that it would not sell oil to Continue Reading
Travelers alarmed at sky-high airfares this Christmas can add soaring fuel prices spurred in part by Russia’s weaponization of its energy resources to the list of factors to blame. The Continue Reading
