The euro area’s pandemic recovery would almost grind to a halt, while prices would surge even more quickly if there are serious disruptions to natural-gas supplies from Russia, according to Continue Reading
French auto maker Renault RNO -0.30%▼ SA has reached a deal to cede its 68% stake in Russia’s biggest car maker to a state-backed entity for one ruble and a Continue Reading
The war in Ukraine has exposed the vulnerability of the energy industry across Europe, but the UK market is looking increasingly perilous for suppliers and consumers for reasons closer to Continue Reading
Germany says Russia is using energy as a weapon after Moscow cut gas supply to a seized Gazprom unit. Moscow responded by stating that its actions are a natural and Continue Reading
France’s nuclear power plants are undergoing repairs and extended outages, leading to a 25% decrease in nuclear power plant output this winter, an analysis from Baringa Partners LLP said, according Continue Reading
The UK is racing to reduce its reliance on Russian oil and gas. Part of its strategy is to ramp up nuclear power production. The government’s ambitious plans may be Continue Reading
Foreign ministers from the G7 group of rich nations backed giving more aid and weapons to Ukraine as they met on Friday in what Germany called a “powerful sign of Continue Reading
Europe has begun refilling depleted gas stores to shore up supply for the winter and guard against possible disruptions inflows from Russia, but a sky-high market means the move could Continue Reading
The European Union still aims to agree a phased embargo on Russia oil this month despite concerns about supply in eastern Europe, four diplomats and officials said on Friday, rejecting Continue Reading
A report in a Finnish newspaper that Russia may cut gas supplies to Finland as soon as Friday seems to be fake, Kremlin spokesman Dmitry Peskov said. “Most likely, this Continue Reading
