Europe’s action in case Russian gas supply stops
European countries are putting plans in place to manage gas supply and even ration power in case Russian gas flows stop completely or a planned outage at the Nord Stream Continue Reading
Gazprom Curtails Gas Flows to Italy by One Third in Further Cut
The ENI SpA headquarters office building seen through trees in Rome. Russia’s Gazprom PJSC will further cut gas supplies to Italy by about one third, the country’s energy giant Eni Continue Reading
Europe Gas Falls as Return of Key Pipeline Part May Ease Tension
European natural gas fell after Canada said it would return a stranded turbine for a key Russian pipeline to Germany, raising optimism that tensions with Moscow over energy supplies will Continue Reading
Fearing Russian gas shut-off, France’s industry turns to oil
France’s energy-intensive companies are speeding up contingency plans and converting their gas boilers to run on oil as they seek to avoid disruption in the event any further reduction in Continue Reading
Why India ramped up Russian oil imports, easing pressure on Moscow
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
US tells China its support for Russia complicates relations
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
Putin warns of ‘catastrophic’ energy crisis if west boosts sanctions
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
Putin Is Set to Halt Gas and Germany Fears It’s Not Coming Back
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
Russia’s wheat sellers welcome shift to ruble-denominated export duty
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
Russian gas flows to Europe stable via Nord Stream, Ukraine
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