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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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Global oil price jumps amid supply fears

Saudi Arabia’s oil and gas giant Saudi Aramco has unexpectedly raised its selling prices for Asia, sparking global concerns over tightening supplies. The world’s largest oil exporter increased the official July price for its flagship Arab light crude by $2.10 a barrel from the June level, Aramco announced on Sunday. …

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EU member ready to supply heavy arms to Ukraine – El Pais

Spain is preparing to deliver its first batch of heavy weaponry to Ukraine, which may include surface-to-air missiles and battle tanks, El Pais reported on Sunday, citing government sources. According to the Spanish media outlet, the Ministry of Defense is currently finalizing the shipment of a battery of Aspide anti-aircraft …

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Russia ramps up gas supply to China

Russian energy giant Gazprom said this week that gas exports to China via the Power of Siberia pipeline have continued to grow. The deliveries are part of “a bilateral long-term contract between Gazprom and China National Petroleum Corporation (CNPC),” the company said on its official Telegram channel. The 3,000km (1,864 …

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Denmark faces Russian gas supply cut

Denmark could be the next country to be cut off from Russian natural gas after its biggest utility defied Moscow’s ruble payment demand. According to a Bloomberg report, Orsted said on Monday that it is continuing to reject demands from the Russian supplier to pay for gas supplies in Russian …

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iPhone 14 release schedule at risk due to supply chain disruptions

Apple is putting pressure on suppliers as lockdown measures in China put the iPhone 14’s release date at risk, Nikkei Asia reported on Wednesday.  The engineering verification test (EVT) in which manufacturers finalize all parts and processes before rolling out production is said to be delayed, potentially pushing the typical …

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