Gazprom news

Powers come together to pledge urgent support to Moldova as winter approaches

PARIS, Nov 21 (Reuters) – Some 45 countries and institutions are meeting in Paris on Monday to pledge millions of euros in aid to Moldova, amid growing fears it could be further destabilized by the conflict in Ukraine. Moldova, located between Ukraine and Romania, has felt the effects of rising …

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Gas flows to the east via the Yamal pipeline and flows via Ukraine remain stable

LONDON, Nov 18 (Reuters) – Eastward gas flows via the Yamal-Europe pipeline to Poland from Germany and gas flows from Russia to Europe via Ukraine were steady on Friday morning, according to operator data. Outflows at the Mallnow metering point on the Yamal pipeline’s German border were 6.264 million kilowatt …

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Nov 15 live updates: Two killed in Poland near Ukrainian border, zero-Covid curbs Chinese retail sales

Citing the FTX implosion, U.S. lawmakers on Tuesday expressed concern about the risks posed to retail investors and the wider financial system, and stepped up calls for tougher oversight of cryptocurrencies during a hearing. with the main banking regulators in the country. “This should be another call for Congress to …

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The European Commission approves the nationalization of the German subsidiary of Russian Gazprom

The European Commission has approved the nationalization of Gazprom Germania, the German subsidiary of Russian Gazprom. The Brussels regulator approved a grant of 225.6 million euros on Saturday. This will allow the German government to take full control of the company, which is now called Security Energy for Europe (Sefe) …

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Engie updates its forecast for the whole of the year on the increase in high electricity prices

“Engie delivered in unprecedented market conditions,” chief executive Catherine MacGregor said in a statement. The company has benefited from soaring electricity prices as the war in Ukraine has highlighted Europe’s dependence on Russian gas, prompting the bloc to seek sources of electricity. alternative energy. Engie’s earnings before interest and tax …

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Vitol threatens gas shutdown in billion-dollar standoff with Germany | Rigzone

Commodity giant Vitol SA is threatening to halt gas supplies to a German state-controlled energy company in a legal stalemate that could cost the German firm around 1 billion euros. SEFE Marketing & Trading Ltd., a former trading arm of Gazprom PJSC, has lost an urgent bid in a London …

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The CSSF imposes a fine on the Luxembourg financing vehicle of Gazprom

The logo of the Russian energy group Gazprom presented in Saint Petersburg Photo credit: Stringer/dpa Luxembourg’s finance authority has fined Russian energy giant Gazprom’s finance company €10,000, which has separately warned it could face bankruptcy due to Western sanctions. imposed on Russia. “The administrative fine amounts to €10,000,” the CSSF …

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Gazprom Neft turbine oils will be used on project 22220 nuclear-powered icebreakers

Gazprom Neft has developed turbine oils for the most powerful atomic icebreakers in the world, those of project 220020, the Arktika series. According to Gazpromneft-Lubricants, technologically advanced lubricants have been created in view of the higher operating standards on the Northern Sea Route (NSR). The first batch of the product …

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Canada raises money for Ukraine with bond sale

WINNIPEG, Oct 28 (Reuters) – Canada will sell a government-guaranteed 5-year bond to raise funds for Ukraine, the first country to do so, and impose new sanctions on 35 Russian individuals, including Gazprom (GAZP .MM) leaders, Prime Minister Justin Trudeau said Friday. “Canadians will now be able to go to …

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Europe will import 35% more LNG this winter – Kpler

The additional volume of 21.9 Gm3 will bring the winter total to 83.8 Gm3. That will come from global LNG capacity additions, mostly from the United States, supported by weaker Asian demand, according to the company’s winter outlook. Global LNG supply this winter is expected to increase by 13.7 billion …

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National Bank of Bahrain tops Refinitiv Arab ESG ranking

Oil Updates – Crude Rises; Moldova blames Gazprom; US drillers add oil and gas rigs RIYADH: Oil prices rose moderately on Friday as hopes of stronger Chinese demand and a weaker U.S. dollar outweighed worries about a global economic slowdown and the impact of rising interest rates. interest on fuel …

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Erdogan steps up support for Russia’s Turkish gas hub project

Turkish President Recep Tayyip Erdogan has affirmed his interest in strengthening control over Russian gas transit flows to Europe and expanding his country’s regional influence. Addressing the Turkish parliament on Wednesday, Erdogan announced that he had agreed to partner with Russian President Vladimir Putin to build a natural gas hub …

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Kremlin ‘power grab’ in full swing as controversial Wagner Group boss pushes Putin to oust Defense Minister Shoigu

Tuesday, October 18, 2022 8:54 a.m. Putin is reportedly under increasing pressure to sack his defense minister after a series of military setbacks and defeats in Ukraine An internal Kremlin coup is reportedly underway as the leader of the controversial Wagner mercenary group is increasingly putting Russian President Putin under …

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Why did these Russian businessmen die in unusual circumstances?

This story contains references to suicide. Several Russian businessmen have recently died in apparent suicides or in accidental and, at times, unclear circumstances, including cases since the country’s invasion of Ukraine. According to local reports, a number of those who died had links to oil and gas companies, with the …

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Gazprom says shipments to Europe via Ukraine will remain stable on Thursday

Oct 13 (Reuters) – Russia’s Gazprom said on Thursday it would ship 42.4 million cubic meters (mcm) of gas to Europe via Ukraine, unchanged from Wednesday. (Reporting by Reuters; Editing by Jan Harvey) Reuters 2022 Analyst recommendations on GAZPROM Sales 2021 10,241B 162B 162B …

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India in talks with Angola and Algeria for LNG supply

India is in talks with Angola and Algeria to procure liquefied natural gas (LNG) under long-term contracts, two development-aware officials have said, amid concerns of a global shortage of gas fueled by the Ukrainian crisis. The talks come even as New Delhi considers LNG spot purchases to meet domestic demand …

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Hungarian central bank launches tool to drain liquidity after rate hikes end

The National Bank of Hungary (NBH), which ended its cycle of rate hikes last month by raising the base rate to 13%, said it would deploy a range of tools to tighten liquidity conditions from this month, including the new deposit instrument. “With today’s tender, the BNH begins a marked …

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Countries that buy cheaper oil from Russia

By Shruti MenonBBC reality check Russian oil is already significantly cheaper than oil from other sources, and Moscow has said it will stop selling to countries that try to impose price caps. Photo: AFP / Natalia Kolesnikova India and China are increasingly buying Russian oil at a discount as global …

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The energy crisis creates a new European order: a strong Italy and a sick Germany

MILAN/FRANKFURT, Sept 30 (Reuters) – In the weeks since Russia invaded Ukraine on February 24, Claudio Descalzi, CEO of Italian energy giant Eni (ENI.MI), has is embarked on a whirlwind of journeys to gas suppliers in Africa. The visits included meetings with officials in Algeria in February as well as …

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Poland, Ireland and the Baltics call for EU sanctions against Gazprombank and Russian-made diamonds

Gazprombank, the entity that has been instrumental in gas payments between Russia and the European Union, is set to be kicked out of the SWIFT system in the next round of EU sanctions, according to a joint Polish proposal , Ireland and the three Baltic States. In a document obtained …

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New acting head of Ukrainian gas network operator promises uninterrupted operations

Strong points The priority is to ensure “stable” operation of the gas system: Stanczak Former general manager Sergiy Makogon replaced on September 16 Stanczak takes office at ‘difficult time’ ahead of heating season The new interim head of Ukrainian public gas network operator GTSOU pledged to ensure the uninterrupted transmission …

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Russian ruble, stocks at their lowest after the fall in the mobilization

Putin said he had signed a decree on partial mobilization, dramatically stepping up what Russia calls its “special military operation” in Ukraine, and warned that Moscow would respond with the might of all its vast arsenal if the West continued. what he called his “nuclear blackmail”. “. At 0859 GMT, …

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Does China need more Russian gas via the Power-of-Siberia 2 pipeline?

Russian President Vladimir Putin held a meeting with his Chinese and Mongolian counterparts on Thursday, during which they discussed a major new infrastructure project, Power-of-Siberia 2, to deliver gas to China via the Mongolia. Russia proposed the route years ago, but the plan has gained momentum as Moscow looks to …

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Italian media: Orbán’s veto shields Russia’s wealthiest Gazprom CEO from EU sanctions

Italy’s largest daily, Corriere della Sera, writes that the European Union cannot sanction several influential Russian oligarchs because of the Hungarian Prime Minister’s veto. According g7.huthe daily mentions three names in their article: Alexei Miller: the CEO of Gazprom, who blackmails Europe with gas, Corriere della Sera characterizes him; Vladimir …

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How gas rationing at Germany’s BASF plant could plunge Europe into crisis | Gas

Eeverything is connected at the Ludwigshafen site of the German chemical company BASF, a 10 km² industrial complex so large that the company operates its own bus network to take employees from its doors to their place of work. By-products from the manufacture of ammonia, for example, are transported through …

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Moldova expects support from Romania as Gazprom could cut gas supply after October 1

The Republic of Moldova could receive natural gas from Romania if Russian supplier Gazprom stops gas deliveries to Chisinau after October 1, Moldovan President Maia Sandu told TV8 channel. She also pointed out that Transnistria could receive gas from Romania, but only if it paid for it, Radio Chisinau reported, …

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“Precarious” Nuclear Power Plant; Naftogaz vs. Gazprom

(Bloomberg) – The UN nuclear agency has stepped up its warning about Ukraine’s Zaporizhizhia nuclear power plant, saying the facility could soon lose power and shut down its last operating reactor after sustained shelling in the area . “It is an unsustainable situation and is becoming more and more precarious,” …

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IBA too slow with reforms, too dependent on Russian Gazprom, says CIO

BERLIN: The International Boxing Association’s (IBA) financial dependence on Russian energy company Gazprom and the slow pace of reform are a serious concern for the International Olympic Committee as the sport struggles to retain its Olympic spot . The IOC stripped the IBA of qualifying tournaments and competitions at the …

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Gazprom and CNPC agree to use ruble and yuan for gas payment – Gazprom

PetroChina’s logo is seen at a gas station in Beijing, China March 21, 2016. REUTERS/Kim Kyung-Hoon/File Photo GLOBAL BUSINESS WEEK AHEAD Join now for FREE unlimited access to Reuters.com Register SINGAPORE, Sept 7 (Reuters) – State-owned energy giants Gazprom (GAZP.MM) and China National Petroleum Corporation (CNPC) signed several agreements on …

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‘Winter is coming’: Iran tempts Europe with promise of cheaper gas in exchange for nuclear deal

Tehran has teased Europe anxious about an impending winter without access to Russian energy with the prospect of Iranian gas exports if Iran’s nuclear deal with world powers is reinstated and sanctions lifted. ‘Winter is coming,’ proclaimed Iran’s state-backed Mehr news agency, pointing the finger at European nations amid the …

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Russia keeps pipeline closed as Gazprom and Siemens Energy squabble

Pipes from the landing facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany March 8, 2022. REUTERS/Hannibal Hanschke/File Photo Join now for FREE unlimited access to Reuters.com Register September 3 (Reuters) – Russia closed one of its main gas supply routes to Europe on Saturday, fueling …

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Brent steady as market juggles inflation concerns and supply fears

The logo of the Organization of the Petroleum Exporting Countries (OPEC) is pictured at its headquarters in Vienna, Austria March 21, 2016. REUTERS/Leonhard Foeger Join now for FREE unlimited access to Reuters.com Register LONDON, Aug 30 (Reuters) – Oil prices were flat on Tuesday as the market balanced supply worries …

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Russo-Ukrainian War: List of Key Events, Day 186 | Russo-Ukrainian War

As the Russo-Ukrainian War enters its 186th day, we take a look at the major developments. Here are the highlights of Saturday, August 27. Struggle Ukrainian nuclear company Energoatom said Russian troops had shelled the grounds of the Zaporizhzhia power plant again in the past 24 hours and the damage …

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Drought inflicts ‘severe impacts’ on EU energy production as Putin tightens pressure on gas | Climate News

The ongoing drought is causing damage to the European Union’s energy production, its drought agency warned today, just as the bloc braces for winter power outages as Russia cuts its output gas supply. Sky News recently reported the continent faces its worst drought in at least 500 yearsand the situation …

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Iran seeks business ties with Russia’s Gazprom-Media

TEHRAN – Leaders of the Cinema Organization of Iran (COI) and the Farabi Cinema Foundation have visited Gazprom-Media to establish a partnership with the Russian holding company, the COI announced on Sunday. COI Director Mohammad Khazaei and Farabi Managing Director Mehdi Javadi met with Alexander Zharov, Managing Director of Gazprom …

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Live News August 19: Gazprom to shut off gas flows to Europe, Xi and Putin to attend G20

© Reuters Gazprom has announced that it will shut down the Nord Stream 1 gas pipeline, which brings gas to Europe via the Baltic Sea, at the end of August, further reducing the flow of gas to Europe as energy prices soar and as the continent struggles to find supplies …

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Russian Gazprom to drill new gas wells in Bhola

TBS Report August 18, 2022, 6:30 p.m. Last modification: August 18, 2022, 7:40 PM A 3D printed gas pipeline is placed in front of the Gazprom logo displayed in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration “> A 3D printed gas pipeline is placed in front of the Gazprom …

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Russia’s Gazprom warns gas prices in Europe could rise another 60%

Gazprom’s logo is seen on the facade of a business center in Saint Petersburg, Russia, March 31, 2022. REUTERS/Reuters/File Photo Photographer Join now for FREE unlimited access to Reuters.com Register This content was produced in Russia where the law limits coverage of Russian military operations in Ukraine MOSCOW, Aug 16 …

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Saudi banks increase lending by $77.1 billion in Q2

At an industry event this year in Riyadh, the Saudi energy minister stopped around 9 p.m. in front of some 1,000 people and told them it was bedtime for Amin Nasser , the chief executive of state oil producer Saudi Aramco. He wasn’t kidding. Over a career spanning four decades, …

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Gas prices in Europe soar as Nord Stream 1 pipeline flows remain at 20%, says Rystad

Gas prices in Europe have soared as flows from Russia through the Nord Stream 1 gas pipeline remain weak, compounding the region’s energy problems, according to a report by Rystad Energy. Norwegian exports to the UK also fell due to a breakdown at the Sleipner export centre, which further put …

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Where is Russia in terms of EU gas supplies?

By Dr. Sandeep Tripathi and Dr. Kirill Sablin Gas supply from Russia to the EU before February 2022 For a long time, Russia has been a key supplier of natural gas for EU countries. PJSC Gazprom is the only operator using the pipeline for gas supply. The company uses long-term …

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Germany’s Schroeder will stay in power despite Putin ties

Published on: 08/08/2022 – 17:20Amended: 08/08/2022 – 17:18 Berlin (AFP) – Former German Chancellor Gerhard Schroeder escaped humiliating expulsion from his party on Monday as the ruling Social Democrats (SPD) found his ties to Vladimir Putin did not break its rules. Schroeder, 78, has come under increasing criticism since Russia …

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Putin accused of BURNING his own gas supply as his plot to blackmail Europe is laid bare | Science | New

Russian gas flows through the Nord Stream 1 pipeline to Germany have been transiting at just 20% of the system’s usual capacity for weeks, sending the country into panic. While the Kremlin-controlled Russian gas giant Gazprom may have blamed this on problems with maintenance and repair of pipeline infrastructure, allegedly …

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LNG becomes the most important maritime market in 2022

Jhe LNG tanker market should ride the existing “wave” of increased demand throughout the second half of the year. In its latest weekly report, shipping broker Intermodal said that “As part of Europe’s efforts to reduce its dependence on Russian gas, LNG has currently become the most geopolitically important fuel. …

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Gazprom decision on long-term LNG contracts squeezes priority sector

Supply disruptions may be ‘short-term’, says GAIL TopicsGazprom | LNG Shine Jacob | Chennai Last Updated Aug 3, 2022 12:17 AM IST As Russia’s Gazprom invokes force majeure over long-term liquefied natural gas (LNG) contracts with India’s GAIL, priority sector customers like fertilizer units have …

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Russia’s Gazprom says it has cut gas supplies to Latvia

CNN — Russia’s state-owned energy company Gazprom said on Saturday it had stopped supplying gas to Latvia, accusing the Baltic country of “violating gas withdrawal conditions”, without giving further details. This announcement is the latest escalation in the energy dispute between Russia and the European Union. Gazprom had already interrupted …

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Nord Stream gas line goes deeper as Gazprom airs new turbine complaints

Pipes from the Nord Stream 1 gas pipeline landing facilities are pictured in Lubmin, Germany March 8, 2022. REUTERS/Hannibal Hanschke Join now for FREE unlimited access to Reuters.com Register This content was produced in Russia where the law limits coverage of Russian military operations in Ukraine MOSCOW, July 29 (Reuters) …

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bne IntelliNews – Russian gas revenue drops 40% m/m in June due to Gazprom supply cuts

Russia saw revenue from natural gas exports fall 40% month-on-month in June, underscoring the self-inflicted damage that Gazprom’s recent cuts in gas supplies to Europe are causing to the coffers of Moscow. The country’s gas export revenue in June amounted to 633 billion rubles ($10.7 billion), Moscow-based newspaper Vedomosti reported …

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Russia-Ukraine Updates: Zelensky Says There’s No Ceasefire Without Reclaiming Territory | News | DW

Ukrainian President Volodymyr Zelensky said on Friday the wall street journal newspaper that a ceasefire with Russia without recovering lost territories would only prolong the war. Ceding land that Russia currently controls would encourage aggressive Russian behavior while giving it a much-needed opportunity to regroup and rearm before launching the …

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Canada’s Gazprom move could be part of Western war weariness

As we enter the fifth month of the war in Ukraine and the resulting food and fuel shortages around the world, parties to the conflict have begun to show crisis fatigue. They increasingly seem to be coming to terms with this mutually hurtful stalemate with no end to the violence …

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Gazprom resumes gas flows to Germany via the Nord Stream 1 gas pipeline

Comment this story Comment BEXBACH, Germany — Natural gas began to flow again on the main gas pipeline from Russia to Germany on Thursday, allaying European fears that a scheduled maintenance outage will become permanent, but not resolving broader concerns that Russia holds the continent’s energy hostage. Gas flows resumed …

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Ukraine accuses Russia of bombing captured nuclear power plant

Ukrainian Atomic Energy Agency accused Russia to use Europe’s largest nuclear power plant to stockpile weapons and bomb the surrounding areas of Nikopol and Dnipro which were hit on Saturday. Petro Kotin, chairman of Ukraine’s nuclear agency Energoatom, described the situation at the Zaporizhzhia nuclear power plant as “extremely tense” …

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Gazprom maintenance cuts spark EU energy fears

Paris – As parts of Europe experience sweltering heat, fears are growing of a cold winter to come after Russian energy firm Gazprom this week cut off a key pipeline to Germany – reportedly for routine maintenance. This decision has triggered the alarm and intensifies the efforts of the European …

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Eden Council pursues Gazprom contract to avoid £157,000 cost hike

EDEN Council is expected to continue its contract with the British branch of energy giant Gazprom. Eden District Council heard calls to cut ties with Russian gas giant Gazprom in April amid the invasion of Ukraine. The council has a contract with Gazprom to heat its municipal buildings. It was …

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The new Greece-Bulgaria gas pipeline should reduce dependence on Russian gas

Greece and Bulgaria have completed a gas pipeline linking the two countries, promising new sources of supply for southeastern Europe as the region seeks alternatives to Russian fuel. The long-delayed Greece-Bulgaria interconnector was inaugurated in a ceremony in Komotini, northern Greece, on Friday and could start operating by the end …

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LNG drop to China’s Guangdong won’t trigger power crisis

Singapore (ICIS)–The outlook is weak for LNG demand in Guangdong province, China’s economic and export powerhouse and top gas consumption hub, according to ICIS LNG Edge data and forecasts. analysts. Moderate air-cooling demand, low manufacturing output and high gas costs for gas-fired power plants limit potential gas consumption growth in …

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Arrest of economist ends last vestige of liberal influence in Putin’s Russia

Vladimir Mau was re-elected to the board of Gazprom last week. The liberal economist’s seat at the Russian gas monopoly, one of the state’s main assets, suggested Mau was still in favor with the Kremlin. The suggestion was wrong. Hours later on Thursday, Moscow police said they arrested Mau for …

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German porcelain maker faces fragile future due to war in Ukraine

FRANKFURT, June 29 (Reuters) – For family-run German porcelain maker Kahla, recent cuts in Russian natural gas supplies to Germany and high energy prices due to war in Ukraine pose an existential threat imminent. “As a manufacturer dependent on gas for our production…we are very concerned,” Kahla chief executive Daniel …

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Outgoing lottery company Camelot sees signs of cost of living crisis hitting sales

Outgoing UK National Lottery operator Camelot has revealed a drop in ticket and instant game sales as it flags signs players have been ‘tightening their belts’ over the soaring cost of the game life. Camelot, which recently took legal action against the Gambling Commission after losing the lottery’s next license …

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The G7 struggling with a busy agenda of a disrupted world | G7

A cap on Russian oil prices, postponement of climate change commitments, potential famine in Africa and continued arms supply to Ukraine are to rush at a meeting of G7 world leaders in course of the next three days against the backdrop of the greatest geopolitical crisis since 1945. The agenda …

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Gazprom Dobycha Nadym launches reclamation project for Yamal’s Kruzenshternskoye field development

61% of the field area is located in Sharapov Shar Bay, Kara Sea Source: Gazprom Dobycha Nadym website Gazprom specialists Dobycha Nadym, together with design institutes, are working on technical solutions for the development of the Kruzenshternskoye field. The company will test the development of offshore fields for the first …

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News from Russia: War in Ukraine Raises Taxes and Cost of Living for Gazprom | World | New

Gazprom, a majority state-owned company, could see the tax rate on its mining extraction temporarily increase later this year amid the Kremlin’s costly war in Ukraine, according to reports. This would see the company take a bigger drop in revenue between September and November. The Russian Finance Ministry has suggested …

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Russia temporarily suspends gas supply via Turkish Stream gas pipeline

Russian gas giant Gazprom has announced that it will halt gas delivery through both strings of the Turkish Stream gas pipeline from June 21-28 due to scheduled annual maintenance. The suspension was agreed in advance by all interested parties, Xinhua news agency reported, citing a Gazprom …

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Paraffin Crude Oil Market

paraffin-ease-crude-oil-market Paraffin Ease Crude Oil Market Report Coverage: Key Growth Drivers and Challenges, Regional Segmentation and Outlook, Key Industry Trends and Opportunities, Competitive Analysis, COVID-19[feminine] Impact analysis and projected recovery, and market sizing and forecasting. Latest research launched on Global Paraffin Crude Oil Market, it provides a detailed analysis …

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Bulgarian energy regulator approves 13% drop in natural gas price in June

SOFIA (Bulgaria), June 10 (SeeNews) – Bulgaria’s utilities regulator announced on Friday that it has approved a 13% monthly cut in the wholesale natural gas price for June, to 141.36 levs ($76.55/72 27 euros) per MWh, bringing the price lower than that of the Russian Gazprom which interrupted deliveries to …

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Live Updates: Putin says it’s his ‘destiny’ to ‘return and fortify’ territories in Russia

The UK has prepared an ‘alternative’ to EU science programs as membership talks stall, the Minister for Science, Research and Innovation has said. “We in this country have voted to leave the European Monetary and Political Union,” George Freeman told the Financial Times’ Investing in Space conference on Thursday. Freeman …

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Groningen gas should be a ‘real option’ if Russia cuts supplies further

Photo: Depositphotos.com The government should seriously consider increasing gas production in Groningen to avoid shortages this winter if Russia continues to restrict supplies, officials said on Tuesday. Mining advisory board Mijnraad said in its latest analysis that the country should aim to fill its gas reserves to 100% capacity, above …

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Sanctions against Gazprom Germania set to cost German consumers 5 billion euros: report

The sanction against Gazprom Germania, a former subsidiary of Russian energy giant Gazprom, is expected to cost German gas consumers 5 billion euros, according to the German daily WELT AM SONNTAG reported. According to the report, the company, which is under the external control of Germany’s Federal Network Agency, is …

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India’s GAIL seeks long-term LNG deal, plans to expand ties with Russia’s Gazprom

©Bloomberg India’s GAIL plans to import more LNG from Gazprom’s trading arm in Singapore. India’s gas utility GAIL is seeking a one million tonnes per annum (tpy) liquefied natural gas (LNG) import deal for ten years from 2023 to help meet the country’s growing demand for cleaner fuels amid rising …

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Russian gas company Gazprom to cut off part of Shell’s supply

gas line technician Shell said it would work to keep gas flowing to customers in Europe after Russian energy firm Gazprom said it would cut supplies from tomorrow. Gazprom said it would cut off supplies from Denmark’s Orsted and Shell for its contract to supply gas to Germany, after the …

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No disruption to Gazprom’s Russian LNG supply due to sanctions: GAIL

Despite the geopolitical crisis, India’s biggest gas company GAIL has been steadily sourcing LNG under a long-term deal with Russia’s Gazprom, the company’s chairman and chief executive, Manoj Jain, said on Friday. GAIL has a long-term agreement to import 2.85 million tonnes per year of liquefied natural …

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European Parliament dithers on banning Russian lobbyists

Political pressure is mounting for the European Parliament to unilaterally strip Russian lobbyists of their access badges. “The accreditation of lobbyists from Gazprom and other entities affiliated with the Russian state should be revoked immediately,” said Pedro Marques, vice-president of the Socialists & Democrats group, on Wednesday May 25. His …

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Greek DEPA completes payment to Gazprom for April gas deliveries – report

The Gazprom company logo is seen on the facade of a business center in Saint Petersburg, Russia, March 31, 2022. REUTERS/Reuters Photographer Join now for FREE unlimited access to Reuters.com Register ATHENS, May 23 (Reuters) – DEPA Commercial, Greece’s biggest gas importer, paid Russian gas producer Gazprom (GAZP.MM) in euros …

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kyiv rules out ceasefire as Russia steps up offensive in eastern Ukraine

Polish President Andrzej Duda, who met President Volodymyr Zelenskiy in Kyiv last month, returned on Sunday to address Ukraine’s parliament, the first foreign leader to do so in person. After putting an end to weeks of resistance by the last Ukrainian fighters in the strategic port of Mariupol, in the …

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Russia says it will increase military presence near western border

Italy presented United Nations Secretary-General Antonio Guterres this week with a four-point peace plan to end the conflict in Ukraine. “We are working with partners and allies, including Ukraine, on a peace plan,” an Italian foreign ministry spokesman said, declining to give further details. The plan calls for local ceasefires …

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The war crimes trial of a Russian soldier in Ukraine has been adjourned until Thursday after he pleaded guilty

Russia has declared 34 French diplomats “persona non grata” in the country in response to a decision by France to expel 41 Russian diplomats in April, the Russian Foreign Ministry said on Wednesday. The French ambassador to Moscow, Pierre Lévy, was summoned to the Russian Foreign Ministry on Wednesday, and …

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Russian threat of European gas disconnection begins to fade

The threat of an abrupt halt in Russian gas exports to Europe has receded as European Union authorities and Russian officials move closer to a deal that will avoid a stalemate over currency denomination demands . The European Commission reportedly issued guidelines on Friday on how EU companies can pay …

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IOC questions Olympic boxing leadership after IBA election

FILE – Russian Boxing Federation Secretary General, International Boxing Association (AIBA) Executive Committee Member Umar Kremlev holds a news conference in Moscow, Russia October 27, 2020. The Russian incumbent’s challenger at the presidential election at the struggling International Boxing Association was ruled ineligible a day before the vote. Umar Kremlev …

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Amateur boxing crisis grows as Russian President Iba’s electoral rival is banned | Boxing

Amateur boxing has been plunged into a new crisis after the sport’s only rival to Russia’s president was banned from running on the eve of the International Boxing Association election. Sources close to Iba told the Guardian that Dutch candidate Boris van der Vorst, who was due to challenge Umar …

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EXPLAINER: What are the fallout from the shutdown of the pipe in Ukraine? | Economic news

The closure of a gas pipeline in eastern Ukraine has sent a new wave of energy jitters across Europe. The price of gasoline jumped, then fell. The cut is clear because it is the first time that the war has disrupted Russian natural gas flowing through Ukraine on its way …

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Schalke promoted to Bundesliga after ending ties with Russia

Schalke fans celebrate the team’s promotion to the Bundesliga on the pitch after the 2nd Bundesliga soccer match against FC St. Pauli at the Arena in Gelsenkirchen, Germany, Saturday May 7, 2022. The traditional club du FC Schalke 04 secured an immediate return to Germany’s top league after a 3-2 …

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EXCLUSIVE Germany begins to fill Western Europe’s largest gas storage site

FRANKFURT/DUESSELDORF, May 5 (Reuters) – Germany has started filling the huge Rehden gas storage facility abandoned by Russia’s Gazprom (GAZP.MM), the state-appointed site manager said on Thursday , as Europe’s largest economy seeks to hedge against risk. of Moscow cutting off the supply. Russian gas is vital for Europe and …

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Uniper talks to German government and Gazprom on ruble payment system

The logo of Uniper SE is seen on its stand at Gastech, the world’s largest exhibition for the gas industry, in Chiba, Japan April 4, 2017. REUTERS/Toru Hanai Join now for FREE unlimited access to Reuters.com Register No binding assessment yet in payment negotiations with Gazprom Net debt more than …

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Igor Volobuyev: Gazprom executive who fled Russia says he wants Putin hanged

Russian gas executive Igor Volobuyev, who fled the country days after Moscow invaded its neighbor and emerged in kyiv, has called for Vladimir Putin to be hanged for his actions in launching a military assault on Ukraine. “[Mr] Putin must be tried and hanged. But only in accordance with the …

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Six Russian billionaires and executives of oil giant Gazprom ‘committed suicide in three months’

Mystery continues to shroud the alleged suicides of six prominent Russian oligarchs and businessmen since the start of the war in Ukraine. Four billionaires and two executives of oil and gas giant Gazprom have died since Russian troops began preparing to invade their neighbor in late January. Among them is …

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‘I’m not afraid,’ says ex-Gazprombank executive who defected to Ukraine | world news

By Tom Balmforth and Parniyan Zemaryalai KYIV (Reuters) – A former senior executive at Russian lender Gazprombank said on Thursday he had fled Russia for Ukraine hoping to take up arms against invading Moscow and believed President Vladimir Putin was leading Russia to disaster. Igor Volobuev, 50, who holds a …

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Russian energy giant confirms suspension of gas supplies to Poland and Bulgaria for refusing to pay in rubles

Explosions were heard early Wednesday in three Russian regions bordering Ukraine, local authorities and Russian state media reported. The fire at the Belgorod depot: The explosion was followed by a fire in the ammunition depot in the village of Staraya Nelidovka, about 16 km north of the Ukrainian border, regional …

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Ukrainian President Volodymyr Zelenskyy has warned that Russia’s invasion of his country is just the beginning and that Moscow intends to capture other countries, after a Russian general said he wanted a total control over southern Ukraine. “All nations who, like us, believe in the victory of life over death …

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Two ex-executives of a Russian gas company found dead in two days

Two former executives of major Russian gas companies have been found dead within two days in mysterious circumstances, according to multiple reports. Sergei Protosenya, former chief accountant of Russian gas giant Novatek, is the latest to be found dead, Spanish news site Telecino reports. The 55-year-old millionaire was found dead …

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Conci asks UCI to help unemployed Gazprom riders

Nicola Conci joined the Gazprom-Rusvelo team this season only to be laid off after the UCI suspended the team following Russia’s invasion of Ukraine. Now the Italian has issued a call on social media pressuring the UCI to find answers for him and his teammates. “The words of this message …

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Gazprom says to continue gas exports to Europe via Ukraine

(Reuters) – Russian gas producer Gazprom continued to supply natural gas to Europe via Ukraine on Sunday, in line with demands from European consumers, it said in a statement. Requests stood at 57 million cubic meters for April 17, he …

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Autonomous Bosnia sees Russian gas prices rise (press)

Autonomous Bosnia sees Russian gas prices rise (press) Authorities of the Bosnian Croat Federation of Bosnia region Herzegovina expect gas prices from Russia’s Gazprom to rise 21.7% in the second quarter, Reuters announced April 14. Gazprom has supplied gas to Bosnia as well as Serbia through the 31.5 billion …

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Exclusive: Chinese state refiners shun new Russian oil swaps, teapots go under the radar

Sinopec, CNOOC, PetroChina, Sinochem refrain from new purchases Sanctions concerns keep state-owned companies at bay Some independent refiners continue to import ESPO crude SINGAPORE, April 6 (Reuters) – Chinese state refiners are honoring existing Russian oil contracts but avoiding new ones despite deep discounts, heeding Beijing’s plea for caution as …

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Russia-Ukraine War News: Live Updates

War in Ukraine: what you need to know The last: Zelensky will deliver a wartime speech to the UN Security Council on Tuesday in a meeting expected to focus on the Bucha massacres. Vowing to hold Putin accountable, Biden again said war crimes had taken place in Ukraine. The fight: …

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Ministers prepare to take control of Gazprom in days | Economic news

The government is set to nationalize the British supply arm of Gazprom in days amid a standoff between the Russian state-controlled energy company and a Wall Street banking giant. Sky News has learned that ministers are drawing up plans to take Gazprom Marketing & Trading Retail (GM&T) in public hands …

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Live Updates: Biden pledges $500 million in economic aid to Ukraine in call with Zelensky

© AFP via Getty Images The Russian and German leaders agreed to hold additional expert talks on gas payments after a phone conversation on Wednesday, according to the Kremlin. Germany is Russia’s biggest gas buyer and was the first to worry about Moscow’s demand that European buyers start paying for …

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Inflationary pressures have shaken consumer confidence; The Moscow stock market falls – as it happened | Business

Photography: Yuri Kochetkov/EPA The Russian stock market fell today, wiping out much of Thursday’s rally when the stock market reopened for the first time in nearly a month. The Moex share index slipped 3.66% today, with all sectors in the red, after gaining 4.4% yesterday. Limited stock trading resumed yesterday …

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Solihull regeneration steps forward as Willmott Dixon appointed to develop Kingshurst Parade

A contractor has been appointed to work on a huge redevelopment of Solihull. Regeneration of the parade village center of Kingshurst is gaining momentum. At a Kingshurst Parish Council meeting on March 10, Councilor David Cole shared an update on the latest Kingshurst ward member briefing. Cllr Cole said that …

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$75m superyacht owned by Russian oligarch seized in Gibraltar | Russia

A superyacht owned by a sanctioned Russian oligarch has been seized in Gibraltar, becoming the latest vessel to be seized by authorities. The $75m (£57m) Axioma belonging to billionaire Dmitry Pumpyansky – owner and chairman of steel pipe manufacturer OAO TMK, which is a supplier to Russian state energy company …

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