Energy prices have skyrocketed across the EU due to the disruption of cheap supplies from Russia, European Commission chief Ursula von der Leyen has said. Speaking at the World Economic Forum in Davos, Switzerland on Tuesday, von der Leyen said that, before 2022, the EU was receiving 45% of its …
Read More »EU risks losing gas supplies from Qatar – energy minister
Qatar will stop gas shipments to the EU if member states enforce new legislation on carbon emissions, the Gulf nation’s energy minister Saad al-Kaabi has told the Financial Times (FT). Qatar has become an important supplier to the bloc after Brussels resolved to wean itself off Russian gas following the …
Read More »France supplies long range missiles to Ukraine
President Emmanuel Macron has delivered on his promise to supply Kiev with the French variant of Storm Shadow missile, according to footage by the Ukrainian Defense Ministry in which President Vladimir Zelensky is seen posing for a photo op with a rocket marked as SCALP-EG. Macron initially announced his decision …
Read More »EU getting hooked on US energy supplies – Kremlin
While cherishing a strong ambition to rid themselves of their reliance on Russian energy supplies, EU member states are slow to acknowledge that they are inevitably becoming heavily dependent on the US, Kremlin spokesman Dmitry Peskov said on Sunday. By becoming so reliant on energy imports from the US, Brussels …
Read More »EU threatened with complete halt of Russian gas supplies
Moscow would halt its gas supplies to the European Union altogether should the bloc impose a price cap on Russian fossil fuel, Dmitry Medvedev, who served as the country’s president from 2008 to 2012 and is currently the deputy chairman of Russia’s Security Council, has warned. On Friday, Medvedev posted …
Read More »France issues new gloomy gas supplies prediction
French authorities are preparing for a complete suspension of gas supplies from Russia, according to the country’s Finance Minister Bruno Le Maire, who sees such a full shutdown as the “most likely scenario.” “I think that a total cutoff of Russian gas supplies is a real possibility … and we …
Read More »Nord Stream to halt gas supplies to EU
Russia’s Nord Stream natural gas pipeline to Germany will shut down for 10 days for annual maintenance, the company in charge of the project confirmed on Friday. Both strings of the pipeline will halt operations for repair works from July 11 to July 21. The operator added that the shutdown …
Read More »US wants to limit Russia’s oil revenue without interrupting supplies
The United States is involved in “extremely active” discussions with European countries aimed at limiting the revenues Russia can generate from selling oil without interrupting supplies, US Treasury Secretary Janet Yellen said on Tuesday, according to Reuters. Yellen reportedly told the Senate Finance Committee that US officials were keen to …
Read More »Russia halts gas supplies to Netherlands
The Netherlands has become the fourth country to stop receiving Russian natural gas, following its decision not to pay for deliveries in rubles. Russia’s energy giant Gazprom announced on Tuesday that it had “completely stopped gas supplies” to the Dutch state energy wholesaler GasTerra. “As of the end of the …
Read More »Poland halts free fuel supplies to Ukraine
Warsaw has stopped free fuel supplies to Ukraine, the Polish minister of climate and environment said in an interview with the BiznesAlert website on Monday. “At the beginning of the war and after the bombing of the refinery, we sent fuel free of charge. Currently, these are commercial supplies from …
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