The United States is considering blocking Russia’s ability to pay its U.S. bondholders by allowing a key waiver to expire next week, a U.S. administration official said on Tuesday, which Continue Reading
Days after taking office as Germany’s vice-chancellor and economy minister in December, Robert Habeck asked his most senior officials for a detailed assessment of his country’s dependence on Russian energy. Continue Reading
Continued oil and gas exports as well as a propped-up ruble, have allowed Moscow to weather Western sanctions. JPM has backtracked on its earlier forecasts of a 35% contraction in Continue Reading
The European Commission will on Wednesday unveil a 210 billion euro plan for how Europe can end its reliance on Russian fossil fuels by 2027, and use the pivot away Continue Reading
Russia became the fourth-largest oil supplier to India in April, with volumes set to rise further in coming months as low prices spur demand from the world’s No. 3 oil Continue Reading
The European Commission has confirmed how European Union companies can pay for Russian gas without breaching the bloc’s sanctions against Russia, in updated guidance on the issue seen by Reuters. Continue Reading
Russian state-owned utility Inter RAO will stop exporting electricity to Finland from Saturday because it has not been paid, the company’s Finnish subsidiary said on Friday. Inter RAO has not Continue Reading
The Russian rouble weakened on Tuesday, stepping away from near five-year highs against the euro, after the central bank eased some capital controls that were the main driver of its Continue Reading
The Russian rouble firmed past 64 per dollar on Monday, briefly jumping to 62.71 to the greenback, and climbed towards its highest in nearly five years against the euro, supported Continue Reading
Germany to end Russian oil imports by the end of the year. Germany had signaled before that it was ready to ditch Russian oil as well as Russian gas. Hungary Continue Reading
With the world’s largest oil traders scaling back Russian crude exports, the market is trying to figure out who is going to fill the void. The answers include a medium-sized Continue Reading
French auto maker Renault RNO -0.30%▼ SA has reached a deal to cede its 68% stake in Russia’s biggest car maker to a state-backed entity for one ruble and a Continue Reading
Germany says Russia is using energy as a weapon after Moscow cut gas supply to a seized Gazprom unit. Moscow responded by stating that its actions are a natural and Continue Reading
The European Union still aims to agree a phased embargo on Russia oil this month despite concerns about supply in eastern Europe, four diplomats and officials said on Friday, rejecting Continue Reading
A report in a Finnish newspaper that Russia may cut gas supplies to Finland as soon as Friday seems to be fake, Kremlin spokesman Dmitry Peskov said. “Most likely, this Continue Reading
Shipping traffic in and out of Russia has remained relatively strong in the past few months as companies have raced to fulfill contracts for purchases of energy and other goods Continue Reading
Following Thursday’s report that Russia threatened to cut the flow of gas to Finland, Russia—through its entity RAO, will suspend imports of electricity to Finland as of 1:00 a.m. on Continue Reading
Russian diesel fuel exports last month fell by 14 percent, or 500,000 tons, last month as buyers shunned the product amid Western sanctions on Moscow for its invasion of Ukraine. Continue Reading
Putin says Russia’s wheat crop could exceed 2020’s record Russian yield boosted by lower winterkill USDA sees Ukraine’s wheat output down 35% Russia could be on course for a record Continue Reading
European natural gas prices jumped as some shipments from Russia were disrupted, and Germany said Moscow was using energy as a weapon in an escalating clash over supply. The benchmark Continue Reading
The European Commission plans to unveil a 195 billion euro plan to stop importing Russian fossil fuels by 2027, combining a faster rollout of renewable energy and energy savings with Continue Reading
Key Finnish politicians have been warned that Russia could halt its gas supplies to neighbouring Finland on Friday, local newspaper Iltalehti reported on Thursday, citing unnamed sources. The paper did Continue Reading
Pressure on Europe to secure alternative gas supplies increased on Thursday as Moscow imposed sanctions on European subsidiaries of state-owned Gazprom a day after Ukraine stopped a major gas transit Continue Reading
Russia’s state-owned gas supplier has said it will cut shipments to Europe through a major pipeline, sending prices surging and reinforcing President Vladimir Putin’s willingness to use energy as a Continue Reading
Grain consumed in occupied Ukraine, exported from Crimea: sources Agricultural equipment also said taken by Russians Russia has taken more than 500,000 mt of grain, worth more than $100 million, Continue Reading
The world will not be left short of oil even with lower output from sanctions-hit Russia, the International Energy Agency (IEA) said on Thursday, in a U-turn after it predicted Continue Reading
Nominations for Russian gas transit via Ukraine at the Sokhranovka entry point for May 11 fell to zero, data from Ukraine’s gas pipeline operator showed on Wednesday, following Kyiv’s warning Continue Reading
The flow of Russian gas in a key pipeline to Europe through Ukraine has been disrupted due to illegal siphoning by Russian occupying forces, according to Ukraine’s gas grid operator. Continue Reading
Despite the European Union’s drastic measures to wind down imports of Russian oil, Moscow still has plenty of buyers — and at prices steep enough to keep government revenue high Continue Reading
Daily requests for Russian gas deliveries to Slovakia via Ukraine have fallen in line with lower deliveries through Ukraine, where one route remains suspended, pipeline operator data showed on Thursday. Continue Reading
Russian oil shipments have continued even as the EU edges towards an import ban. Source: Bloomberg Russia’s oil revenues are up 50% this year even as trade restrictions following the Continue Reading
Russia has cut natural gas supplies to a unit of Gazprom PJSC seized by Germany in retaliation for western penalties over the war in Ukraine. Gazprom Germania GmbH and its Continue Reading
EU, Hungary Make ‘Progress’ on Plan to Ban Russian Oil Sign up here to get the latest updates on the Russian invasion of Ukraine. You can also follow us on Continue Reading
Ukraine said on Tuesday it would suspend the flow of gas through a transit point which it said delivers almost a third of the fuel piped from Russia to Europe Continue Reading
Russian energy giant Gazprom (GAZP.MM) said on Tuesday it was not technologically possible to switch gas transfers to Ukraine to a new entry point, as Ukraine’s gas system operator GTSOU Continue Reading
Four Russian regional governors resigned on Tuesday as the country braces for the impact of economic sanctions. The heads of the Tomsk, Saratov, Kirov and Mari El regions announced their Continue Reading
Ukraine and Russia clashed over natural gas sent via pipelines to Europe in a spat that could disrupt supplies from the former Soviet Union nation for the first time since Continue Reading
Currency traders are preparing to jettison Russia’s local exchange rate for the ruble on some transactions, a sign of the growing split between the country’s domestic currency market and its Continue Reading
Russian gas producer Gazprom (GAZP.MM) said it continues shipping gas to Europe via Ukraine with volumes on Wednesday seen at 72 million cubic metres (mcm), down from 95.8 mcm on Continue Reading
Nominations for Russian gas transit via Ukraine at the Sokhranovka entry point for May 11 fell to zero, data from Ukraine’s gas pipeline operator showed on Wednesday, following Kyiv’s warning Continue Reading
The European Union’s executive arm is set to bolster renewables and energy savings goals as part of a 195 billion-euro ($205 billion) plan to end its dependency on Russian fossil Continue Reading
The U.S. spy chief said Russian President Vladimir Putin still seeks to control swaths of Ukraine beyond the eastern region known as the Donbas, after local authorities said Russian missiles Continue Reading
Vladimir Putin had no victories in Ukraine to proclaim on Victory Day. Nor did his speech at the Red Square military parade offer any clear pictures of when a victory Continue Reading
Brussels has shelved its plans to ban the EU shipping industry from carrying Russian crude as it struggles to push through its latest sanctions package because of anxiety among some Continue Reading
As the European Union prepares to place an embargo of some sort on Russian oil imports, Russia will be unable to redirect most of that oil elsewhere. Pivoting to Asia Continue Reading
Russia’s crude oil production is on the rise so far in May, Deputy Prime Minister Alexander Novak told TASS news agency on Monday. Russia’s crude oil production slipped by half Continue Reading
President Vladimir V. Putin used his Victory Day speech on Monday to try to channel Russian pride in defeating Nazi Germany into support for this year’s invasion of Ukraine. But Continue Reading
Chinese imports from Russia surged to a record in April, likely due to soaring global energy prices, while exports fell to the lowest level since the early months of the Continue Reading
Russian President Vladimir Putin told his armed forces they were fighting for their country at a parade of Russian firepower in Moscow while his troops stepped up their 10-week-old assault Continue Reading
A salvo of missiles brought the Kremlin’s war on Ukraine to Fastiv, a quiet town abounding with flowering cherry trees and set in sweeping farmland hundreds of kilometres from the Continue Reading
