A planned pipeline to carry natural gas from the Eastern Mediterranean to Europe is too expensive to build and will be late to help Europe diversify its gas supply away Continue Reading
Turkey buys over 7 mil barrels of Urals crude in March Urals flows also redirected to Asia, mainly China & India Russia’s flagship Urals crude has been shunned by its Continue Reading
At least a dozen U.S. shale gas executives met on Wednesday with European energy officials to discuss expanding U.S. fuel supplies to Europe amid a scramble to replace Russian imports. Continue Reading
EU May Need Sanctions on Russian Oil, Gas, Michel Says The U.S., European Union and Group of Seven are coordinating on a fresh round of sanctions on Russia, including a Continue Reading
Von Der Leyen Outlines New Sanctions on Russia Sign up here to get the latest updates on the Russian invasion of Ukraine. You can also follow us on Telegram here Continue Reading
Habeck Says Germany Will Nationalize Gazprom Unit Germany will temporarily take control of a unit of Gazprom PJSC in the country as it seeks to safeguard security of gas supply. Continue Reading
European Union envoys are set to approve on Thursday a ban on Russian coal that would take full effect from mid-August, a month later than initially planned, two EU sources Continue Reading
Hungary said on Wednesday it was prepared to pay roubles for Russian gas, breaking ranks with the European Union which has sought a united front in opposing Moscow’s demand for Continue Reading
U.S. Treasury Secretary Janet Yellen said on Wednesday that sanctions imposing a full ban on Russian oil exports would likely result in “skyrocketing” global prices that would hurt the United Continue Reading
Russian coal and oil paid for in yuan is about to start flowing into China as the two countries try to maintain their energy trade in the face of growing Continue Reading
