Germany’s Dependence on Russian Gas Is Difficult to Break
Past a nudist beach and a sleepy marina, a gigantic mesh of metallic pipes rises from the pine forest behind the tiny village of Lubmin on Germany’s Baltic coast. If Continue Reading
EU Pleads For Less Energy Use As Energy Crisis Intensifies
Turning down the thermostat by just one or two degrees Celsius could save some 10 percent of the energy that the EU imports from Russia, the Financial Times reported in Continue Reading
Significant Discovery at Equinor Operated Well
The discovery is said to have excellent reservoir quality. Longboat Energy has announced a “significant” discovery at the Equinor operated Kveikje exploration well (35/10-8S) in license PL293B. The preliminary estimate Continue Reading
Eni CEO Meets Sonatrach Head To Strengthen Algerian Ties
Eni and Sonatrach CEOs have met with the Algerian Prime Minister. Eni and Sonatrach CEOs have met with the Algerian Prime Minister as part of initiatives set to strengthen the Continue Reading
Germany Seizes Control of Gazprom Unit to Secure Gas Supply
Germany will temporarily take control of a unit of Gazprom PJSC in the country as it seeks to safeguard the security of gas supply. Gazprom Germania GmbH — owner of Continue Reading
U.S. stops Russian bond payments in bid to raise pressure on Moscow
The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million from reserves held at U.S. banks, in a move meant Continue Reading
Who is buying Russian crude oil and who has stopped
Australia, Britain, Canada, and the United States have imposed outright bans on Russian oil purchases following Moscow’s invasion of Ukraine, but the European Union remains divided. The bloc’s 27 members Continue Reading
German regulator takes over Gazprom Germania to ensure energy supply
Gazprom Germania, an energy trading, storage, and transmission business ditched by Russia’s Gazprom on Friday, will be transferred to Germany’s regulator to ensure energy security, Economy Minister Robert Habeck said Continue Reading
UK-based Gazprom units says German move has secured their future
The British-based subsidiary of Gazprom said Germany’s move to take control of its parent had removed any concerns about the viability and future of its operations, and it would look Continue Reading
Fire hits Russian trunk gas pipeline, gas supplied via parallel lines – Ifx
A fire broke out on the Russian trunk gas pipeline Urengoi – Tsentr-2 in the Perm region, while gas was still being supplied in full via parallel lines, Interfax news Continue Reading