Ukraine’s Fight For Democracy Is Worth The Short-Term Spike In Energy Prices

A Ukrainian soldier looks at flames after throwing a cocktail Molotovs during a self-defence … [+] civilian course on the outskirts of Lviv, western Ukraine, on March 4, 2022. – The Russia...

Nord Stream’s European Partners Quiet On Pipeline Damage

The Russia to Germany pipeline is probably irreparable. If not, it is unlikely Gazprom will trust … [+] its European investment partners to move forward as the new Cold War gets hotter. (Photo b...

‘Obligatory Rationing’—The Energy Nightmare Is Coming True

Natural gas NurPhoto via Getty Images The European energy fiasco is reaching a climax. As long feared, last Friday, the Kremlin-controlled gas giant Gazprom announced that it is shutting down Nord Str...

Europe Girds for Energy Market Turbulence After Russian Gas Cut

Listen to article (2 minutes) Governments in Sweden and Finland offered billions of dollars of guarantees to utilities to prevent a meltdown in energy trading when markets open Monday after Russia shu...

Russia Tightens The Geopolitical Energy Screws On Germany And The EU

The natural gas storage facility operated by Astora GmbH & Co KG, one of the largest in Western … [+] Europe and formerly controlled by Gazprom Germania GmbH, in Rehden, Germany, on Tuesday,...

Eurozone Inflation Taps Highest Rate Ever Recorded Reaching 9.1%, as Nord Stream, Gazprom Halt Gas Supplies – Coinotizia

The Eurozone’s inflation rate reached a record high in August of 9.1%, the highest ever recorded in history, according to Europe’s statistics office Eurostat. The rate was higher than economists suspe...

Eurozone Inflation Taps Highest Rate Ever Recorded Reaching 9.1%, as Nord Stream, Gazprom Halt Gas Supplies – Economics Bitcoin News

The Eurozone’s inflation rate reached a record high in August of 9.1%, the highest ever recorded in history, according to Europe’s statistics office Eurostat. The rate was higher than economists suspe...

Natural Gas Prices Soar In Europe And Asia As Moscow Plots Closure Of Key Pipeline

Topline Natural gas prices in Europe and Asia have skyrocketed after Russia’s state-controlled Gazprom announced plans to temporarily close a key pipeline at the end of August for maintenance, deepeni...

Gazprom to Shut Pipeline for Three Days in New Shock to Europe

(Bloomberg) — Gazprom PJSC will stop delivering natural gas to Europe through its main pipeline for three days, further squeezing energy supplies just as Germany is trying to build up stocks for...

Europe’s Self Inflicted Oil Crisis And The Saudis Last Laugh With U.S.

President Joe Biden being welcomed by Saudi Arabian Crown Prince Mohammed bin Salman at Alsalam … [+] Royal Palace in Jeddah, Saudi Arabia on July 15, 2022. (Photo by Royal Court of Saudi Arabia...

Russia moves closer to cutting off gas as Gazprom declares force majeure on supplies

Gazprom Russia Putin gas energy force majeure Nord Stream Europe crisis – EUTERS/Spasiyana Sergieva Russian state energy giant Gazprom has declared force majeure on some of its gas supplies to E...

Gazprom Declares Force Majeure on Some European Gas Buyers

(Bloomberg) — Gazprom PJSC declared force majeure on several European natural-gas buyers, a move that may signal it intends to keep supplies capped, reinforcing Russia’s grip on the region’s ene...

Russia’s Failure To Reopen Nord Stream Pipeline Would Cripple Germany’s Economy

The critical Nord Stream 1 pipeline is closed for routine maintenance. There is concern that it may … [+] not reopen if Russia decides to escalate the Ukraine conflict. (Photo by Sean Gallup/Get...

Putin Will Kill Russia’s Oil And Gas Economy And Ukraine Will Eventually Emerge Stronger

TOPSHOT – The mother of Ukrainian soldier Lubomyr Hudzeliak, who was killed during Russia’s invasion … [+] of Ukraine, mourns over his flag-draped coffin during his funeral at the Ly...

Germany seizes three Gazprom tankers in new blow for Putin

Germany Russia energy Gazprom LNG gas Ukraine crisis – Mikhail Klimentyev, Sputnik, Kremlin Pool Photo The German government has taken control of three liquefied natural gas ships from Russian e...

Germany Decries ‘Economic Attack’ By Putin As It Inches Towards Gas Rationing

Topline Germany triggered the second phase of its three-stage gas emergency plan on Thursday and urged its citizens to cut back on usage, as it flagged concerns about a drop in supplies from Russia th...

Bitriver to Mine Crypto Using Excess Gas From Gazprom Neft’s Oil Extraction – Mining Bitcoin News

Russian crypto mining operator Bitriver will use electricity generated from associated gas provided by Gazprom Neft to mint digital coins. As part of a new agreement, the mining company will in return...

Gazprom Neft Will Supply Energy to Bitcoin Mining Farms in Russia

After Russia’s invasion on Ukraine, when both the countries are settling slowly, all the restricted crypto services in Russia are heading up. As with the speed of losing the crypto users in the countr...

How Germany Took Over Russia’s Vast Gas-Trading Empire

After Moscow invaded Ukraine, the German government pledged to wean the country off Russian natural gas. This week, it said it would lend billions of euros to the German subsidiary of Russian gas gian...

Europe’s Warm Embrace Of LNG Raises Methane Emissions Concerns

Emily Pickrell, UH Energy Scholar BERLIN, GERMANY – FEBRUARY 09: (EDITORS NOTE: Image was created using a variable planed lens.) The … [+] natural-gas fuelled Heizkraftwerk Berlin-Mitte po...

Russia Prepares To Cut Gas Supplies To Finland Days After NATO Application

Topline Finland will be cut off from Russian gas after it refused demands to pay in rubles, Finnish state-owned firm Gasum said on Friday, just days after the Nordic country formally set aside decades...

Gazprom Tries to Reassure Europe Clients They Can Still Buy Gas

(Bloomberg) — Gazprom PJSC has written to its European clients seeking to reassure them that they can keep paying for gas without breaching sanctions, the latest indication that Russia may be tr...

Why Russia Joining The Asian Football Confederation Makes Little Sense

Denis Cheryshev of Russia celebrates after scoring his team’s second goal during the 2018 FIFA World … [+] Cup match between Russia and Saudi Arabia at Luzhniki Stadium on June 14, 2018 in...

Why Russia’s Natural Gas Leverage Won’t Last Much Longer

A Gazprom sign hangs at a German soccer stadium. (Photo by Christof Koepsel/Bongarts/Getty Images) Bongarts/Getty Images Last week, as anyone following Russia and the war in Ukraine should have seen c...

U.S. LNG ‘GasLift’ Floods European Terminals Ahead Of Russia Gas Cutoff

CAMERON, LA – APRIL 13: An LNG tanker makes its way into Cameron Pass near the site of Venture … [+] Global LNGs facility at Cameron Pass, near Cameron, Louisiana, on Wednesday, April 13, ...

Gazprom Cuts Gas Supplies To Poland And Bulgaria

Topline Russian energy giant Gazprom halted gas supplies to Poland and Bulgaria over their failure to pay for gas in rubles, the state-owned company announced on Wednesday, as the Kremlin retaliates a...

Russia Threatens To Cut Off Gas To Poland After Country Declines To Pay In Rubles

Topline Russian energy giant Gazprom told Poland’s main natural gas supplier PGNiG it will stop all gas flows to the country on Wednesday, the company said Tuesday, a month after Poland and many other...

Germany Seizes Control of Gazprom Unit to Secure Gas Supply

(Bloomberg) — Germany will temporarily take control of a unit of Gazprom PJSC in the country as it seeks to safeguard security of gas supply. Most Read from Bloomberg Gazprom Germania GmbH ̵...

Gazprom Starts Telling Clients How to Pay for Gas in Rubles

(Bloomberg) — Russia’s Gazprom PJSC has started telling clients how to pay for their gas after President Vladimir Putin said purchases from “unfriendly” nations would need to be settled in ruble...

After A Russian Sovereign Default, Over 100 Issuers Are Likely To Follow

Russia’s sovereign rating, and that of twenty-six issuers is a C, signifying likely default. getty Not only will Vladimir Putin be remembered as Vlad the Invader, he will also have the dubious h...

Gazprom Is Said to Make $1.3 Billion Debt Payment in Dollars

(Bloomberg) — Some holders of a $1.3 billion Gazprom PJSC bond due Monday said they received payment in dollars, even after Russian President Vladimir Putin gave issuers the option of repaying foreign...

It’s Getting Harder to Trade Russian Stocks. What to Know.

Russia’s largest companies, once worth billions of dollars, are now nearly-worthless penny stocks. It may look like an attractive opportunity, but for the most part investors can’t even chance buying ...