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Category: Europe

Category:
  • Norway

Norway strike could cut gas output by 13% next week, oil lobby says

A planned strike next week by Norwegian energy sector workers could cut the country’s gas output by 292,000 barrels of oil equivalent per day, or 13% of output, employers’ group Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple
Category:
  • Switzerland

No guarantees Swiss will always have enough gas, minister says

 Swiss businesses would be first to have energy rationed in the event of supply shortages, Energy Minister Simonetta Sommaruga told the SonntagsZeitung, warning that the government cannot guarantee there will Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple
Category:
  • Ukraine

Ukraine war to shift to Donetsk after fall of Luhansk; Russia claims major victory

City was last Ukrainian stronghold in Luhansk region Russia says has “liberated” Luhansk region Zelenskiy vows to regain control with long-range weapons Blasts hit Russia’s Belgorod, southern Ukraine base -officials Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple
Category:
  • Ukraine

Moscow blames Ukrainian missile attack for deaths in south Russian city

At least three people killed, buildings damaged in Belgorod Regional governor says attack intentionally targeted civilians Ukraine has not claimed responsibility for strikes in Russia July 3 (Reuters) – At Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple
Category:
  • EU
  • Prices

European Gas Extends Blistering Rally as Supply Woes Deepen

Natural gas in Europe rose to the highest level in almost four months as planned strikes in Norway threaten to further tighten a market that’s already reeling from Russia’s supply Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple
Category:
  • Switzerland

Swiss Inflation Hits 29-Year High on Ukraine War, Supply Chains

Swiss inflation hit 3.4% in June. Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast . Inflation in Switzerland accelerated to the fastest Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple
Category:
  • Russia

Who Is Still Buying Russian Oil And Gas?

Even with sanctions and import bans, Russia is still exporting billions of dollars worth of fossil fuels. In the first 100 days since its invasion of Ukraine, Russia has averaged Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple
Category:
  • Russia

Russia will replace Sakhalin-2 project operator with new firm

 Russia will create a firm that will take over all rights and obligations of the Sakhalin Energy Investment Company amid Western sanctions imposed on Moscow, a decree signed by President Continue Reading

Posted On : 2 Jul 2022 Published By : Tom Whipple
Category:
  • Germany

Exclusive: Germany plans levy on gas bills for all consumers

The German government aims to impose a levy on all gas consumers to help suppliers grappling with rapidly rising import prices, a proposal seen by Reuters showed on Friday. The Continue Reading

Posted On : 2 Jul 2022 Published By : Tom Whipple
Category:
  • Russia

Western companies in Russia’s oil and gas sector

President Vladimir Putin has signed a decree to seize full control of Sakhalin-2 gas and oil project in Russia that could force out Shell and Japanese investors, Moscow’s latest broadside Continue Reading

Posted On : 2 Jul 2022 Published By : Tom Whipple

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