Latest The talks in Kyiv come a day after the U.S. announced it would send $1 billion in new military aid to Ukraine. Ukrainian troops defending Severodonetsk are clinging on Continue Reading
German Economy Minister Habeck: reduction of Nord Stream 1 gas flows is a political decision. Gazprom further cut volumes to Germany on Wednesday. European gas benchmark prices soared on Wednesday Continue Reading
Following the U.S. Fed’s biggest rate hike since 1994 on Wednesday, which brought oil prices down 1%, central banks across Europe on Thursday raised interest rates by record amounts in Continue Reading
A punishing heat wave is underway in parts of Western Europe, with widespread temperatures near or above 104 degrees Fahrenheit (40 Celsius) expected through the weekend. Heat is expected to Continue Reading
European gas prices have soared by as much as 50% in just one week. The surge in prices was spurred by reduced Russian flows and an outage at a key Continue Reading
Russia’s Gazprom (GAZP.MM) on Wednesday announced a further cut in the amount of gas it can pump through the Nord Stream 1 pipeline to Europe, a move Germany’s economy minister Continue Reading
Flows of gas into Nord Stream will drop to as much as 67 million cubic meters per day. Source: Bloomberg Bloomberg News Russia stepped up the use of energy as Continue Reading
Supply via Nord Stream 1 to Germany cut to 40% capacity Europe’s benchmark gas price jumps 25% in morning trade Gazprom blames cuts on delayed return of equipment from Canada Continue Reading
Two European Parliament committees vote on Tuesday on an attempt to stop the EU labeling gas and nuclear energy as climate-friendly investments, and the outcome may indicate whether the full Continue Reading
EC president points to planned gas, electricity connections EC on the hunt for alternatives to Russian gas after ‘blackmail’ Israeli gas reserves seen at 921 Bcm, more exploration planned The Continue Reading
