Germany’s BASF said on Wednesday it would have to stop production if natural gas supplies fell to less than half its needs, as the world’s largest chemicals group warned of Continue Reading
Biden Pledges $500 Million in Aid for Ukraine Bloomberg News U.S. intelligence agencies have determined that Russian President Vladimir Putin feels misled by military officials over the preparation for and Continue Reading
Poland announced steps Wednesday to end all Russian oil imports by the end of 2022, as Germany issued a warning over natural gas supplies and called on consumers to conserve Continue Reading
Germany has triggered phase-1 of an emergency plan for natural gas. Germany’s move comes ahead of Putin’s March 31st deadline for Gazprom and Russia’s central bank to arrange for payments Continue Reading
The Dutch government will advise citizens and businesses to use less gas but has stopped short of activating emergency energy plans. Earlier today, Germany declared triggered the first phase of Continue Reading
Putin briefs Germany’s Scholz on ruble switch Russian proposals for the switch to rubles due by March 31 G7 countries reject Putin demand to change to ruble payments Russian President Continue Reading
Small and medium-sized Russian refineries, which predominantly rely on exporting their products, were expected to run at around 50% capacity in April with international buyers distancing themselves from the country’s Continue Reading
Major Russian oil refiners have told the Energy Ministry they expect to make deeper cuts to refinery runs in the coming weeks due to overstocking after a sharp drop in Continue Reading
Russian energy giant Gazprom (GAZP.MM) is looking at options for halting gas supplies to “unfriendly” countries and evaluating the possible consequences, Russian daily Kommersant reported on Thursday citing unnamed sources. Continue Reading
The European Commission will do “whatever it takes” to rebuild Europe’s industry manufacturing parts for solar installations, the EU’s energy commissioner said on Thursday, as the bloc draws up plans Continue Reading
