Ukraine’s deputy prime minister on Sunday urged civilians in the Russian-occupied southern region of Kherson to urgently evacuate as Ukraine’s armed forces were preparing a counter-attack there. Ukraine lost control Continue Reading
The young victims of an intensifying global food crisis are being buried in unmarked graves. In crowded malnutrition wards, families are waiting for one ailing child to be discharged before Continue Reading
Ukraine’s defense minister said his country has “passed the test” with its successful use of recently delivered American long-range artillery systems, but stressed the high attrition rate along its extensive Continue Reading
India’s Russian oil imports since Ukraine war soar New Delhi feels it lost out when Iranian sanctions imposed Wants to buy cheap oil, in part because China doing same Officials Continue Reading
China’s support for Russia’s war in Ukraine is complicating U.S.-Chinese relations at a time when they are already beset by rifts and enmity over numerous other issues, U.S. Secretary of Continue Reading
U.S. President Joe Biden signed a new weapons package worth up to $400 million for Ukraine on Friday, including four additional high mobility artillery rocket systems (HIMARS) and more ammunition. Continue Reading
Russian President Vladimir Putin has threatened “catastrophic consequences” for world energy markets if western powers impose further sanctions on Moscow, as G7 members discuss plans to try to cap Russia’s Continue Reading
Maintenance on a critical pipeline to Europe is an opportunity for the Kremlin to further squeeze the continent. Source:: picture alliance/Getty Images Want the lowdown on European markets? In your Continue Reading
While Germany and France are grappling with record electricity prices amid low gas supply from Russia and low French nuclear power output, the Nordic countries, which rely mostly on hydro Continue Reading
Russia’s agriculture ministry on July 8 set the variable export tax on wheat at Rb5,558.9/mt ($87.88/mt) for the July 13-19 period, as the country’s grains traders welcomed a significant reduction Continue Reading
The Netherlands has met a goal of ending its dependence on Russian gas, its energy minister told Reuters in an interview, but as a major storage and transport hub, it Continue Reading
Germany’s largest residential landlord Vonovia (VNAn.DE) will reduce heating for tenants in many of its apartments at night, as Europe’s biggest economy braces for a possible gas crunch with falling Continue Reading
France could requisition gas-powered electricity generation plants if gas supplies were threatened or order power generation operators using gas to restrict or even suspend operations in case of crisis, according Continue Reading
Norwegian hydropower producers are cutting output in southern Norway this summer to save water for the winter, fearing a looming supply crunch after a prolonged period of dry weather diminished Continue Reading
Highlights NBP front winter hits 443 p/th intraday July 7, TTF Eur182/MWh Contract up sevenfold on year as prompt spikes transposed Four distinct spikes since 2021 as pipeline supply sharply Continue Reading
Russian gas flows to Europe via the Nord Stream 1 pipeline and through Ukraine were stable on Friday, while reverse flows on the Yamal pipeline edged down slightly, operator data Continue Reading
Russian Foreign Minister Sergei Lavrov on Friday said attempts to isolate Moscow with sanctions was akin to a declaration of economic war by the West, dismissing what he said was Continue Reading
The war in Ukraine is depriving far-away developing countries of electricity, as the world’s supply of liquefied natural gas used to produce power is swallowed up by European nations as Continue Reading
Germany is rationing hot water, dimming its street lights and shutting down swimming pools as the impact of its energy crunch begins to spread from industry to offices, leisure centres Continue Reading
The European Union plans to become the top investor in the world’s tallest dam in Tajikistan, EU officials told Reuters, in a move aimed at helping Central Asia cut its Continue Reading
-Kazakh President Kassym-Jomart Tokayev on Thursday told his government to diversify its oil supply routes, a day after a Russian court ordered the Caspian Pipeline Consortium to suspend activity for Continue Reading
The European Parliament on Wednesday backed EU rules labelling investments in gas and nuclear power plants as climate-friendly, throwing out an attempt to block the law that has exposed deep Continue Reading
This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. Two sources say oil loadings from CPC terminal continue CPC exports around 1.2 Continue Reading
Those expecting Europe’s worst energy crisis in decades to ease after this winter are going to be disappointed, according to a major gas lobby. “We might go through the winter Continue Reading
US, Allies Discuss Capping Russian Oil Russian President Vladimir Putin has found another weapon to use against European countries supporting Ukraine — Kazakhstan’s crude — and it will cost him Continue Reading
The UK government introduced to Parliament on Wednesday the Energy Security Bill, a proposed legislation that does not explicitly confirm the UK’s pledge to end coal use by October 2024. Continue Reading
Kremlin spokesman Dmitry Peskov said on Thursday that Russia has not made any specific decision about the future of the Sakhalin-1 international oil and gas project, after a top lawmaker Continue Reading
Euro just off its two decade low Rising risk appetite support the single currency Swiss Franc hovering around 7-year high vs euro Aussie dollar up on commodity prices rebound July Continue Reading
France will fully nationalise EDF (EDF.PA) , Prime Minister Elisabeth Borne said on Wednesday, in a move that would give the government more control over a restructuring of the debt-laden Continue Reading
Tanker operators willing to ship Russian crude are making a substantial amount of money sending Russian crude to China from Russia’s Far East. According to data compiled by Bloomberg, by Continue Reading
China extended record imports of low-priced Russian crude oil into June despite a lockdown-induced slackening in its total crude oil imports, squeezing out supplies from the Middle East and West Continue Reading
Austria will order industry and utilities to make plants run on alternatives to natural gas where possible, especially oil, its energy minister said on Tuesday, as the country scrambles to Continue Reading
France’s EDF (EDF.PA) might be forced to cut nuclear output further because of expected prolonged hot temperatures over the summer months, an executive told a briefing on Tuesday, prompting a Continue Reading
The Zaporizhzhia Nuclear Power Station is under control of the Russian National Guard. The Russian army is transforming Europe’s largest nuclear power plant into a military base overlooking an active Continue Reading
Drought and hot weather this summer are adding to France’s nuclear power generation problems at the worst possible moment. As Europe grapples with low Russian gas supply and the threat Continue Reading
Russia is expected to meet just 25% of EU gas demand this year, its lowest level in more than two decades, the International Energy Agency said July 5. In its Continue Reading
Caspian Pipeline Consortium (CPC), which takes oil from Kazakhstan to the Black Sea via one of the world’s largest pipelines, has been told by a Russian court to suspend activity Continue Reading
All oil and gas fields that were affected by a strike in Norway’s petroleum sector are expected to be back in full operation within a couple of days, Equinor (EQNR.OL) Continue Reading
Shell Plc (SHEL.L) said on Wednesday it would start building a renewable hydrogen plant in the Netherlands, which according to the energy giant will be Europe’s largest once it is Continue Reading
European spot power prices dropped on Wednesday as wind supply in Germany is expected to nearly double, offsetting lower solar production throughout the region and lower French nuclear. “There is Continue Reading
Britain’s grid operator is set to crank up the pressure on big energy users, taking a more forceful stance on curbing their natural gas consumption as it tries to head Continue Reading
European lawmakers are under pressure from Ukraine to block plans to treat gas as a green asset, plunging into serious doubt an EU Parliament vote that not long ago seemed Continue Reading
The extreme heat in Spain, the UK and France this summer was made worse by changes in the jet stream , the strong westerly winds that blow above the planet’s Continue Reading
Norwegian offshore workers began a strike on Tuesday that will reduce oil and gas output, the union leading the industrial action told Reuters. The strike, in which workers are demanding Continue Reading
Much of the focus on sanctions on Russia’s commodity exports is on crude oil and natural gas, but coal is perhaps the best example of the challenges facing those seeking Continue Reading
Russia’s former president Dmitry Medvedev said on Tuesday that a reported proposal from Japan to cap the price of Russian oil at around half its current price would lead to Continue Reading
A key Russian pipeline to Europe may not return to full capacity after planned maintenance this month, Goldman Sachs Group Inc. said, echoing the concerns of German officials. Nord Stream Continue Reading
European natural gas prices extended gains to the highest level in almost four months on persistent supply concerns amid the worst energy crunch in decades. Benchmark futures jumped as much Continue Reading
European natural gas prices extended gains to the highest level in almost four months on persistent supply concerns amid the worst energy crunch in decades. Benchmark futures jumped as much Continue Reading
After more than four months of ferocious fighting, Russia claimed a key victory: full control over one of the two provinces in Ukraine’s eastern industrial heartland. But Moscow’s rout of Continue Reading
