Russia’s state-owned natural gas company Gazprom stopped supplies to Austria early Saturday, according to the Vienna-based utility OMV after it said it would stop payments for the gas following an arbitration award.
Russian Foreign Ministry spokeswoman Maria Zakharova says Moscow is preparing to sign a “big treaty with Iran.”
Finland’s first floating liquefied natural gas terminal was moored Wednesday at the southern port of Inkoo to replace Russian gas imports.
A Swiss court has granted a six-month “stay of bankruptcy” to the operating company for the never-opened Nord Stream 2 pipeline.
Gazprom threatened to cut off all gas supplies to Europe after alleging that Ukraine stole gas transiting through their country.
Hungarian leader Viktor Orbán criticised those clamouring to scrap Russian gas, saying they offered no realistic alternative, only criticism.
Russia’s state energy company Gazprom released a video on Monday titled “And Winter Will Be Big.” The short presentation shows European cities freezing over, with occasional cuts to useless windmills and solar panels, while a mournful song plays in the background.
Russia’s state-owned gas company has posted record profits despite Western states targeting the country with sanctions.
Gazprom stopped the flow of natural gas through a major pipeline early Wednesday, a move it signalled in advance and says will be temporary.
Russia has reduced the amount of gas it is sending to a major energy company in France, the Prime Minister of which has already warned that energy rationing over the winter is now on the cards.
(AFP) – Russian energy giant Gazprom suspended gas supplies to Latvia on Saturday following tensions between Moscow and the West over the conflict in Ukraine and sweeping European and U.S. sanctions against Russia.
Germany is facing a “Lehman Brothers” collapse that could spark a domino effect leading to a severe recession, the economy minister warned.
Eni joined Qatar’s $28.75 billion project to expand production in the world’s largest natural gas field after Russia cut supplies to Italy.
Germany’s economy minister said that the country will limit the use of gas for electricity production amid concerns about possible shortages.
Officials in Russian gas addict Germany appear to be beginning to sweat as the Kremlin turns down its supply to the country over what it describes as technical issues.
Around half of the European customers of Russian energy giant Gazprom have opened euro-ruble accounts, according to Russia’s Deputy Prime Minister Alexander Novak.
Major energy firms in Italy, Germany and elsewhere in Europe are allegedly preparing to open accounts in Russian roubles in order to pay for Russian gas in a scheme that may sidestep sanctions. Italian energy giant Eni SpA is allegedly
Greek Energy Minister Kostas Skrekas has claimed Greece will pay for gas from Russian energy giant Gazprom without violating sanctions.
Russia has halted all gas exports to Poland and Bulgaria after demanding ‘unfriendly’ nations pay for energy in rubles, not dollars.
The Russian news agency Tass reported on Wednesday that European states had “significantly increased gas purchases from Russia” this year despite global calls to boycott trade with the country in light of its ongoing war in Ukraine.
Former German chancellor Gerhard Schröder should resign from his board positions on several state-owned Russian energy firms, current chancellor Olaf Scholz has said.
Gazprom is supplying Russian gas to Europe “as per normal,” the Russian state-owned energy corporation announced Wednesday, despite the ongoing war in Ukraine.
As the EU bans Russian banks from the SWIFT financial system, a bank linked to the sale of Russian gas is said to be exempt from sanctions.
Despite tough talk over Russia’s invasion of Ukraine, the European Union is squabbling internally over whether to include luxury goods and diamonds in sanctions, while there is reluctance on all sides to restrict energy imports.
Gerhard Schröder, the former left-leaning Chancellor of Germany, has been nominated to the board of a Russian state-owned gas company.
The U.S. Treasury Department announced a new round of sanctions against Russian individuals and entities on Friday, including seven wealthy oligarchs, 12 of their companies, a state-owned weapons trading company called Rosoboroneksport, that company’s RFC Bank subsidiary, and 17 government officials.
Contents: Russian obstructionism blocks agreement on splitting up the Caspian Sea; New ‘facts on the ground’ may force Russia to change its mind
Iran signed preliminary agreements with Russia’s Gazprom on Tuesday to develop two major oil fields in the latest of a flurry of deals with foreign firms, local media reported.
Virtually unreported in the financial press, Russia’s “Arctic Surge” of new oil and gas production will increasingly make Middle East oil production irrelevant.
In early November, Russian millionaire Mikhail Lesin was found dead in a Washington, D.C., hotel room. Lesin was very useful to Russian President Vladimir Putin in life, and his mysterious demise was extraordinarily well-timed. Two months later, there are still no official answers to questions about how he died or what he was doing in Washington, D.C.
Russian President Vladimir Putin told his country that Turkey could face more sanctions as a consequence for its forces shooting down a Russian warplane over Syria on November 24.
France said EU sanctions against Russia could be lifted if Moscow fulfils its pledges to bring peace to Ukraine, hours after Kiev closed its airspace to its neighbour’s airlines and Russia said it would stop delivering gas. Speaking on the
Mikhail Lesin–who, in addition to being a Putin confidant, was the inspiration for Russia Today (RT), the state-run Kremlin news service–was found deceased in his hotel room at the Dupont Circle Hotel on Thursday, according to reports.
Poland’s Law and Justice Party may seek another round of renegotiations will the European Union if they win the country’s parliamentary elections in October this year. The party – which sits with David Cameron’s Conservative Party in the European Parliament
Ukraine and Turkey have jointly proposed elevating the level of defense cooperation between the two. A Ukrainian delegation recently traveled to Ankara to put plans together.
Russian President Vladimir Putin is facing protests from unpaid government workers across the largest country in the world. Teachers, autoworkers, and construction workers were among the workers who protested against Putin.
