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

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 makes eleventh-hour push to agree on Russia oil sanctions

EU makes eleventh-hour push to agree on Russia oil sanctions

European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, January 18, 2018. REUTERS/Francois Lenoir/File Photo Register now for FREE unlimited access to Reuters.com Register BRUSSELS, May 30 (Reuters) – Top European Union diplomats meet on Monday for a last-ditch attempt to agree on Russian oil import sanctions before their leaders meet later … Read more

Russian gas flows to Europe via Ukraine fall after Kyiv shuts one route

Russian gas flows to Europe via Ukraine fall after Kyiv shuts one route

A 3D printed Natural Gas Pipes are placed on displayed EU and Russian flags in this illustration taken, January 31, 2022. REUTERS/Dado Ruvic/File Photo Register now for FREE unlimited access to Reuters.com Register Russian gas exports via Ukraine fall to 72 mcm Ukraine declared ‘force majeure’, halted transit point use Gazprom says it cannot send … Read more

South Korea hunts tungsten treasure in race for rare minerals

South Korea hunts tungsten treasure in race for rare minerals

S.Korean tungsten mine gets $100 million makeover Dozens of new mineral projects launched globally Green, digital booms fuel demand for rare minerals China is pre-eminent in critical minerals supply GRAPHIC-S.Korea’s reliance on China: SANGDONG, South Korea, May 9 (Reuters) – Blue tungsten winking from the walls of abandoned mine shafts, in a town that’s seen … Read more

U.S. OKs China Eastern rerouting of New York-Shanghai flights

U.S. OKs China Eastern rerouting of New York-Shanghai flights

A China Eastern Airlines aircraft and a Shanghai Airlines aircraft are seen in Hongqiao International Airport in Shanghai, following the coronavirus disease (COVID-19) outbreak, China June 4, 2020. REUTERS/Aly Song/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, May 6 (Reuters) – The U.S. Transportation Department on Friday approved China Eastern Airlines … 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