Russia plans to demand ruble payments for natural gas purchases from European nations, deepening its standoff with the west and potentially aggravating Europe’s worst energy crunch since the 1970s. Gas Continue Reading
German utility industry association BDEW on Thursday said the government should announce an early warning alert on an existing national emergency gas supply plan to bear account of the Russian Continue Reading
– Russian energy giant Gazprom (GAZP.MM) on Thursday said that it was continuing to supply natural gas to Europe via Ukraine in line with requests from European consumers. The company Continue Reading
Russian President Vladimir Putin on Wednesday said the world’s largest natural gas producer would soon require “unfriendly” countries to pay for their fuel in Russia’s currency, the rouble. The requirement Continue Reading
Sky-high fertilizer prices have farmers worldwide scaling back its use and reducing the amount of land they’re planting, fallout from the Ukraine-Russia conflict that has some agricultural industry veterans warning Continue Reading
Companies across the West are retreating from Russia in the wake of President Vladimir Putin ’s decision to invade Ukraine. Some of France’s biggest firms are hanging on. Russians shopping Continue Reading
Self-sanctioning amid a global backlash against Russia has left analysts dividend in their forecasts for the future of Russian oil. OPEC+ and the U.S. Energy Information Administration are the most Continue Reading
The U.K. government should press ahead with its sanctions against Russia as they are inflicting pain on Vladimir Putin’s regime, but should also help lower income families cope with the Continue Reading
Russian gas deliveries to Europe through the Nord Stream 1 pipeline across the Baltic Sea dipped slightly on Wednesday, while gas continued to flow eastwards from Germany into Poland along Continue Reading
Russian energy giant Gazprom (GAZP.MM) said on Wednesday it was continuing to supply natural gas to Europe via Ukraine in line with requests from European consumers. The company said requests Continue Reading
Hundreds of companies have said they are withdrawing or suspending operations in Russia after its invasion of Ukraine, from energy producer Shell Plc (SHEL.L) to carmaker Hyundai Motor Co (005380.KS) Continue Reading
Russia’s security policy dictates that the country would only use nuclear weapons if its very existence were threatened, Kremlin spokesman Dmitry Peskov told CNN in an interview on Tuesday. The Continue Reading
For decades, global finance firms eagerly catered to Russian firms, billionaires and the government. Then tanks started rolling into Ukraine. Citigroup Inc. , which has thousands of staff and billions Continue Reading
Gas flows via the Nord Stream 1 pipeline into Germany fell to 58.5 million kilowatt hours per hour on Tuesday, data from the pipeline operator showed. View full article at Continue Reading
Ukraine in Control of Gas Infrastructure: Naftogaz CEO European natural gas steadied on Tuesday as Russian supplies flow to the continent in line with orders and mild weather keeps demand Continue Reading
Russia’s attack on Ukraine helped push the price of oil to over $100 a barrel for the first time since 2014. Here’s how rising oil costs could further boost inflation Continue Reading
Three days after the invasion of Ukraine, a Boeing 737 — operated by Russia’s Pobeda but owned by Dublin-based Avolon — was impounded after landing in Istanbul. The plane’s seizure Continue Reading
A huge portion of Russia’s gross domestic product comes from its oil exports, and nearly 80% of those exports go to Europe. While Europe will suffer in the short term Continue Reading
France sees a potential ban on imports of Russian energy into the EU as an option, its Economy and Finance Minister Bruno Le Maire said over the weekend, adding that Continue Reading
Several Chinese state-owned refiners have returned to the Russian spot market to buy May-loading Urals crude barrels, attracted by their record discount to Dated Brent, refining sources told S&P Global Continue Reading
Novak says sanctions issues being ‘resolved’ by Russia Novak says customers happy to buy discounted Russian oil Sees little impact from US, UK import bans on Russian oil exporters Russia Continue Reading
Stacks of newly-made nickel cathode sheets in Monchegorsk, Russia. Bloomberg News China and Russia’s trade relationship has become more complicated since the war started more than three weeks ago, raising Continue Reading
Bloomberg News China imported twice as much liquefied natural gas from Russia last month than a year earlier, despite weakened appetite for spot purchases because of high prices. The world’s Continue Reading
Schlumberger, Halliburton, and Baker Hughes have not announced their withdrawal from Russia. FT: The current sanctions against Russia ban new investments of U.S. and EU companies in Russia’s energy, but Continue Reading
Bulgaria will not hold talks with Russian energy giant Gazprom to renew its natural gas purchase deal amid Russia’s invasion of Ukraine and will be looking at alternative supplies, Deputy Continue Reading
A worker guides drilling pipes at a gas drilling rig in the Lensk district of the Sakha Republic, Russia. The world’s three biggest oilfield service providers are halting future work Continue Reading
EU foreign ministers meet on Monday Biden due for EU, NATO, G7 summits Thursday in Brussels EU has sanctioned 685 Russians, Belarusians in March Oil embargo likely hinges on Ukraine Continue Reading
Source: Enel SpA Enel SpA , Italy’s largest utility, will exit from its Russia operations in a matter of months, Chief Executive Officer Francesco Starace said on Monday. “We are Continue Reading
You’re reading an excerpt from the Today’s WorldView newsletter. Sign up to get the rest , including news from around the globe, interesting ideas, and opinions to know sent to Continue Reading
Financial markets rallied Friday after Russian officials made vital transfers to foreign investors, sidestepping what would have been Moscow’s first sovereign debt default in nearly two and half decades. But despite Continue Reading
Joe Biden and Xi Jinping failed to bridge their differences over the Ukraine war, with the US president warning of “consequences” if Beijing provided military aid to the Kremlin while Continue Reading
Western companies that maintain a presence in Russia to provide essential goods such as food and medicines are trying to strike a balance between President Vladimir Putin’s government and advocates Continue Reading
The U.S. Commerce Department on Friday moved to effectively ground 100 airplanes that have recently flown to Russia and are believed to violate U.S. export controls, including a plane used Continue Reading
U.S. oilfield services companies Halliburton Co (HAL.N) and Schlumberger said on Friday they havesuspended or halted Russia operations in response to U.S. sanctions over Moscow’s invasion of Ukraine. The disclosures Continue Reading
Russian energy giant Gazprom said on Saturday it has continued gas supplies to Europe via Ukraine in line with requests from European consumers. It said the requests stood at 106.6 Continue Reading
Russian gas flows to Europe remain stable, but Western sanctions over Moscow’s invasion of Ukraine and voluntary actions by buyers are starting to impact its crude oil and oil product Continue Reading
WoodMackenzie: European gas storage levels will likely be within the five-year range by the end of this winter. If Russian flows continue, the European Union (EU) and the UK will Continue Reading
Russian troops in Ukraine are seizing and destroying agricultural machinery, fertilizer, seeds and fuel stocks, according to several farmers in Ukraine, putting in danger the new crops from one of Continue Reading
Russia has exported 360,000 barrels a day of oil to India in March so far, nearly four times the 2021 average as buyers weigh up major discounts against public opinion Continue Reading
China’s relationship with Russia is quickly becoming a thorn in the side of President Xi Jinping. Beijing’s unwillingness to condemn Russia for its aggression in Ukraine could push it further Continue Reading
Russian oil market participants have switched their trading tactics, favouring private deals over public offerings due to new Western sanctions, traders said on Thursday. About a quarter of Russian oil Continue Reading
As they switch off the lights in Moscow, the world’s top banks face a risk-ridden retreat, juggling obligations to anxious clients and staff while complying with sanctions that have rewritten Continue Reading
Russian dollar bonds rose, and the cost of insuring the nation’s debt against default dropped after people familiar with the matter said funds earmarked for interest payments on the Russian Continue Reading
As retreats from Moscow go, those by tobacco companies since the invasion of Ukraine are rather halfhearted. While other brands have closed operations and left the country, the makers of Continue Reading
Seaborne crude oil exports from Russia have been higher so far this month compared to February. Petro-Logistics sees the first signs that “a bit more oil” is heading to China, Continue Reading
Russia’s energy ministry is proposing to defer the planned completion of refinery upgrades because of sanctions announced after Russia’s invasion of Ukraine . Not registered? Receive daily email alerts, subscriber Continue Reading
Britain’s media regulator said on Friday it has revoked Russian-backed television channel RT’s licence to broadcast in the UK with immediate effect after a probe into the impartiality of its Continue Reading
India’s central bank is in initial consultations on a rupee-rouble trade arrangement with Moscow that would enable exports to Russia to continue after western sanctions restricted international payment mechanisms. The Continue Reading
Highlights Russian producers seek ways to offer financial support Payment concerns grow, China takes a step back North Asian refiners under pressure to cut runs Crude oil from Far East Continue Reading
Russia’s invasion of Ukraine has largely stalled on all fronts, with Russian forces suffering heavy losses and making minimal progress on land, sea or air in recent days, British military Continue Reading
