EU plans for life without Russian gas amid inflation spike

EU plans for life without Russian gas amid inflation spike

‘The notion of cheap energy is gone,’ Latvian PM says Inflation in euro zone has shot to all-time highs Germany warns some industries may have to close this winter BRUSSELS, June 24 (Reuters) – EU leaders on Friday warned that “cheap energy is gone” and agreed to boost preparations for further cuts in Russian gas, … Read more

Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

West, Russia in energy standoff since Ukraine invasion German minister warns of ‘rocky road’ ahead Minister does not rule out gas rationing Says market threatened by ‘Lehman Brothers’ moment Alarm stage decision does not change status quo: E.ON BERLIN, June 23 (Reuters) – Germany triggered the “alarm stage” of its emergency gas plan on Thursday … Read more

Germany risks recession as Russian gas crisis deepens

Germany risks recession as Russian gas crisis deepens

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/File Photo Register now for FREE unlimited access to Reuters.com Register More Europeans activate first stage of gas crisis plans Surging gas price adds to policymakers’ inflation headache Slowing flows hinder efforts to refill … Read more

China May oil imports from Russia soar to a record, surpass top supplier Saudi

China May oil imports from Russia soar to a record, surpass top supplier Saudi

Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register Russia overtakes Saudi as top supplier after 19-month gap Russian imports nearly 2 mln bpd in May Imports from Malaysia more than doubled in May … Read more

Freeport LNG plant to shut for 3 weeks, roiling global energy markets

Freeport LNG plant to shut for 3 weeks, roiling global energy markets

HOUSTON, June 8 (Reuters) – Freeport LNG, operator of one of the largest U.S. export plants producing liquefied natural gas (LNG), will shut for at least three weeks following an explosion at its Texas Gulf Coast facility. The fire roiled U.S. natural gas markets on Wednesday and the impact is likely to spread through Europe … Read more

Russia widens Europe gas cuts and halts Dutch, Danish and German contracts

Russia widens Europe gas cuts and halts Dutch, Danish and German contracts

A 3D printed natural gas pipeline is placed in front of displayed Gazprom logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register Gazprom says it cuts off supply to GasTerra, Orsted and Shell Russians cite refusal to pay in roubles Move a day after … Read more

Ukraine troops hold out as Russia assaults Sievierodonetsk wasteland

Ukraine troops hold out as Russia assaults Sievierodonetsk wasteland

Russian forces advance slowly on Sievierodonetsk city centre Thousands of civilians trapped in Sievierodonetsk EU resolves impasse over Russian oil ban KYIV, May 31 (Reuters) – Ukrainian forces were still holding out in Sievierodonetsk on Tuesday, resisting Russia’s all-out assault to capture a bombed-out wasteland that Moscow has made the principal objective of its invasion … Read more

Ukraine says it holds off latest Russian assault in east

Ukraine says it holds off latest Russian assault in east

Russian mine clearers sweeping captured Azovstal plant Ukraine says its forces repel latest Russian assault on Sievierodonetsk Russia forces control largely unbroken swathe of east and south KYIV/MARIUPOL, May 23 (Reuters) – Ukraine said on Monday it had held off the latest assault on an eastern city that has become the main target of Moscow’s … Read more

Ukraine rejects concessions as Russians attack in east

Ukraine rejects concessions as Russians attack in east

Ukraine rules out ceasefire, concessions Russia launches assault in Luhansk, Mykolaiv Ukraine must decide own future, Polish president says KYIV, May 22 (Reuters) – Ukraine ruled out a ceasefire or any territorial concessions to Moscow as Russia stepped up its attack in the country’s east and south, pounding the Donbas and Mykolaiv regions with air … Read more

Ukraine rules out ceasefire as fighting intensifies in Donbas

Ukraine rules out ceasefire as fighting intensifies in Donbas

Ukraine rules out ceasefire, concessions Russia launches assault in Luhansk Russia stops Finland gas flows over payment dispute Polish president in Ukraine to address parliament Sunday May 22 (Reuters) – Ukraine ruled out a ceasefire or concessions to Moscow while Russia intensified an offensive in the eastern Donbas region and stopped providing gas to Finland, … Read more