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EU country offers solution to resume Russian oil supply

The Hungarian oil and gas company MOL confirmed on Tuesday that Russian crude supplies via the southern branch of the Druzhba pipeline stopped a few days ago, and said it had initiated negotiations to assume obligations to pay for transit. The company responsible for Russian oil supplies to the EU, …

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Gazprom halts gas supply to Baltic nation

Russian gas giant Gazprom said on Saturday that it has stopped deliveries to Latvia due to “violations of the terms of gas extraction.” This week, Aigars Kalvitis, chairman of gas company Latvijas Gaze, told the media that his country continued to buy Russian natural gas even after refusing to comply …

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US power companies brace for supply crisis – Reuters

American power providers are facing supply shortages that stem from increased pressure on the grid due to record-high temperatures, as people boost the use of air conditioning, Reuters reported on Wednesday. According to Refinitiv data, the weather in the US has already been some 21% warmer than the 30-year average. …

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Russia to supply neighbor with Iskander-M missile systems

Moscow is going to provide Minsk with Iskander-M mobile short-range missile systems, Russia’s President Vladimir Putin said during a meeting with his Belarusian counterpart Alexander Lukashenko on Saturday. “The decision has been made. Within the next few months, we’ll transfer to Belarus the Iskander-M tactical missile systems, which can use …

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Another EU buyer says Russia reduced gas supply

France’s multinational utility corporation Engie said on Thursday that Russia has reduced gas shipments, Bloomberg reports, citing a company statement. Similar announcements have been issued by several European utilities, including Germany’s Uniper, Italy’s Eni and Austria’s OMV. The reduction of supplies to Europe to less than half of the usual …

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EU faces another Russian gas supply cut

Russian energy major Gazprom said on Wednesday it would further reduce the capacity of gas supplies via the Nord Stream pipeline to 67 million cubic meters per day. The company explained it has to halt the operation of one more Siemens gas pumping unit on the pipeline. “Due to the …

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Serbia raises oil supply concerns

Serbian President Aleksandar Vucic said on Tuesday his country will stop receiving Russian oil imports soon due to the EU’s latest package of sanctions. He explained that the Russian fuel is first delivered by tankers to Croatia and is then sent for processing through the Adriatic oil pipeline. Serbia imports …

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Britain’s food supply at risk – Telegraph

Soaring energy bills have prompted the permanent closure of one of the largest fertilizer plants in the UK, raising concerns over the food supply in the country, The Telegraph reported on Thursday. The Ince plant near Chester was used to produce supplies of nitrogen fertilizer and carbon dioxide. The gas …

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Likely delays in arms supply to Ukraine revealed

Kiev may be disappointed with the supply of heavy weapons promised to it by Germany, since Berlin will have to overcome various hurdles before delivering many of the items, resulting in likely delays, the German version of Business Insider reported. The offer of the IRIS-T SL air defense system, touted …

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UK to supply long-range missiles to Ukraine

Britain will supply Ukraine with long-range missile systems that can strike targets up to 80 km (50 miles) away, Defence Secretary, Ben Wallace, has announced. The shipment is going to consist of several US-made M270 launchers. The UK stopped short of revealing the number of units it is planning to …

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