The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million from reserves held at U.S. banks, in a move meant Continue Reading
Australia, Britain, Canada, and the United States have imposed outright bans on Russian oil purchases following Moscow’s invasion of Ukraine, but the European Union remains divided. The bloc’s 27 members Continue Reading
Gazprom Germania, an energy trading, storage, and transmission business ditched by Russia’s Gazprom on Friday, will be transferred to Germany’s regulator to ensure energy security, Economy Minister Robert Habeck said Continue Reading
The British-based subsidiary of Gazprom said Germany’s move to take control of its parent had removed any concerns about the viability and future of its operations, and it would look Continue Reading
A fire broke out on the Russian trunk gas pipeline Urengoi – Tsentr-2 in the Perm region, while gas was still being supplied in full via parallel lines, Interfax news Continue Reading
Russian gas deliveries via three key pipelines into Europe were little changed on Tuesday morning, with physical flows on the Yamal-Europe pipeline at the German border point of Mallnow at Continue Reading
The U.S. Treasury has halted dollar debt payments from Russian government accounts at U.S. banks, increasing pressure on Moscow to find alternative funding sources to pay bond investors. The move Continue Reading
Russia’s private sector suffered “substantial declines” in activity last month as the impact of sanctions over the invasion of Ukraine and the plunge in the ruble triggered the sharpest drop Continue Reading
Gazprom PJSC released five clouds of super-warming methane gas last month while conducting repairs, highlighting the global warming impact of Russian natural gas European countries want to wean themselves off Continue Reading
Before Russia invaded Ukraine, Mike Bazhenov was eyeing a new MacBook for work and an SUV for his nature photography trips near Lake Baikal. Instead, the 30-year-old software developer bought 10 Continue Reading
