Uniper expects to pay for Russian gas in roubles despite halting flows into Poland and Bulgaria April 27, 2022 Uniper has confirmed it still expects to be able to pay for long-term gas contracts from Russia through the roubles payments process signed into law by Russian President Vladimir Putin last month.
Downing Street calls on public sector bodies to review contracts with Russian energy suppliers March 28, 2022 The government has instructed public sector bodies to review energy deals and other contracts they have with Russian firms.
Short sellers pile into Royal Mail after top investor feels the strain of war March 27, 2022 Short sellers are piling into bets against Royal Mail after the shocks of war in Ukraine put the squeeze on its largest investor, Czech billionaire Daniel Kretinsky.
Russia has 38 per cent jump in energy export earnings this year: internal document August 17, 2022 Reuters Higher oil export volumes, coupled with rising gas prices, will boost Russia’s earnings from energy exports to $337.5 billion this year, a 38% rise on 2021, according to an economy ministry document seen by Reuters. The jump in revenues, if it materialises, will help shore up Russia’s economy in the face of waves of [...]
Gas exports to Europe fall again as supply shortages and cold winter causes prices to surge December 19, 2021 Russian natural gas deliveries through the Yamal-Europe pipeline dropped sharply on Sunday amid surging energy prices across Europe.
Sweden suspect “gross sabotage” of Nord Stream pipelines in the Baltic Sea October 4, 2022 Sweden closed the area around the ruptured Nord Stream pipelines yesterday as their prosecution authority called it a “crime scene” amid speculations of foul play. “Suspected gross sabotage” led Swedish prosecutor Mats Ljungqvist and the coast guard to ban divers and marine vessels, including underwater vehicles, from being within 5.8 miles of the leaks. On [...]
Oil prices rebound heading into next week’s trading with China to ease pandemic restrictions May 15, 2022 Oil prices are up heading into next week, with China set to ease some of its pandemic restrictions while the EU weighs up a Russian oil ban.
Equinor joins rivals Shell and BP with record £23.8bn profits as Norwegian energy giant props up Europe’s gas supplies February 8, 2023 Equinor has posted record £23.8bn full-year profits powered by soaring oil and gas prices, in line with bumper results from rival firms.
Germany resists EU ban on Russian gas as it continues to be Putin’s customer: ‘We would inflict damage on ourselves’ April 5, 2022 Germany has rejected calls for an EU embargo on Russian gas imports, despite mounting civilian deaths in Ukraine.
Uniper set for nationalisation as Germany closes in on deal with Fortnum September 20, 2022 Uniper is on the verge of being fully nationalised, with the German government announcing plans to buy Fortum's stake in the company.