Russian Gas
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EU could face gas shortage next year as Ukraine war continues, IEA warnsDespite Russia slashing gas deliveries this year, Europe has averted a severe shortage and started the winter with brimming gas storage tanks.WorldDec 12, 2022
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Seaborne Russian oil will be price capped at US$60 a barrel, EU nations sayEurope needed to set the discounted price that other nations will pay by Monday, when an EU embargo on Russian oil shipped by sea and a ban on their insurance take effect.WorldDec 2, 2022
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China to cut winter gas purchases easing Europe’s supply pressuresChina should yield its top importer title back to Japan this year, easing pressure on the global market and offering much-needed relief to Europe.WorldOct 12, 2022
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Germany sticks to plan of shutting down nuclear power but leaves loopholeGermany is scrambling to ensure the lights stay on and homes stay warm this winter despite the reduction in natural gas flows from Russia amid the war in Ukraine.WorldSep 5, 2022
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Hungary turns to Russia’s Gazprom for increased gas supplies: foreign ministerGazprom started to increase gas supplies to Hungary this month, adding to previously agreed deliveries via the Turkstream pipeline.WorldAug 29, 2022
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Russia burning gas into atmosphere as it scales back Europe supplyFlaring is a common practice in oil and gas production, but the current level is unusually high and the timing is sensitive because of the Russian supply cuts.WorldAug 26, 2022
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Canada’s turbine return at issue as Ukrainian ambassador appears before MPsYulia Kovaliv is to appear before a committee of MPs looking into Ottawa's decision to allow a turbine to be released to Gazprom, which Canada has sanctioned.CanadaAug 4, 2022
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EU countries compromise on gas cuts amid further Russian reductionsEuropean Union countries approved a weakened emergency plan to curb their gas demand on Tuesday, after striking compromise deals to reduce the cuts for some countries.WorldJul 26, 2022
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Nord Stream 1 pipeline to Europe from Russia restarts after gas shutdownThe Nord Stream 1 pipeline under the Baltic Sea to Germany had been closed since July 11 for annual maintenance work.WorldJul 21, 2022
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EU proposes reducing gas use by 15% as threat of Russian cutoff loomsWhile the initial cuts would be voluntary cuts, the European Commission also asked for the power to impose mandatory reductions across the bloc in the event of an EU-wide alert.WorldJul 20, 2022
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