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

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

EU tweaks Russia oil sanctions plan in bid to win over reluctant states

EU tweaks Russia oil sanctions plan in bid to win over reluctant states

Models of oil barrels are seen in front of the displayed sign “stop”, EU and Russia flag colours in this illustration taken March 8, 2022. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register EU offers Hungary, Slovakia, Czech Rep more time to adapt Oil shipping ban postponed in bid to persuade Greece … Read more

Russia warns Poland of gas supply cuts on Wednesday

Russia warns Poland of gas supply cuts on Wednesday

A worker checks pipes at a gas compressor station on the Yamal-Europe pipeline near Nesvizh, some 130 km (81 miles) southwest of Minsk December 29, 2006.REUTERS/Vasily Fedosenko/File Photo Register now for FREE unlimited access to Reuters.com Register Russia demands ‘unfriendly’ countries to pay for gas in roubles Russia has threatened to cut off gas unless … Read more