French energy companies call for ‘immediately’ limiting energy use

A couple of stork stands in a nest on the top of a pylon of high-tension electricity power lines in front of a smoke stack of the Electricite de France (EDF) coal-fired power plant of Cordemais in Bouee, France, February 25, 2022. REUTERS / Stephane Mahe Register now for FREE unlimited access to Reuters.com Register … Read more

Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS / Hannibal Hanschke // File Photo Register now for FREE unlimited access to Reuters.com Register West, Russia in energy standoff since Ukraine invasion German minister warns of ‘rocky road’ ahead Minister does not rule … Read more

Germany risks recession as Russian gas crisis deepens

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS / Hannibal Hanschke / File Photo Register now for FREE unlimited access to Reuters.com Register More Europeans activate first stage of gas crisis plans Surging gas price adds to policymakers’ inflation headache Slowing flows … Read more

Europe may shift back to coal as Russia turns down gas flows

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS / Hannibal Hanschke / File Photo Register now for FREE unlimited access to Reuters.com Register Germany may take ‘painful’ move to fire up coal power Italy, Austria also looking at burning more coal Surging … Read more

Russian gas flows to Europe fall, obstacle bid to refill stores

Nord Stream 1 pipeline capacity down to 40% Europe’s gas price jumps up to 30% after disruption news Gazprom blames cuts on equipment delays from Canada Freeport LNG terminal in US offline until September LONDON, June 16 (Reuters) – Russian gas supply to Europe via the Nord Stream 1 pipeline fell further on Thursday and … Read more

As deadlines loom, Russia says EU gas clients open payment accounts

Russian gas payments due from May 20 European Commission advises against opening ruble account Kremlin says half Gazprom clients open accounts LONDON, May 19 (Reuters) – Half of Russian gas giant Gazprom’s 54 clients have opened accounts at Gazprombank, Russian Deputy Prime Minister Alexander Novak said on Thursday, as European companies approach imminent payment deadlines. … Read more

EU says legal Russian gas payments possible, warns against ruble accounts

A pressure gauge is pictured at a Ukrainian gas compressor station in the village of Boyarka near the capital Kiev January 20, 2009. REUTERS / Konstantin Chernichkin Register now for FREE unlimited access to Reuters.com Register BRUSSELS, May 17 (Reuters) – The European Commission said on Tuesday opening accounts in rubles at a Russian bank … Read more

Europe’s gas supply crisis grows after Russia imposes sanctions

Russia imposes sanctions on European Gazprom subsidiaries Polish firm operating Yamal-Europe section also hit Germany to lose 10 mcm / day of gas supply Dutch gas prices rise by up to 20% BERLIN, May 12 (Reuters) – Pressure on Europe to secure alternative gas supplies increased on Thursday as Moscow imposed sanctions on European subsidiaries … Read more

Exclusive: Top EU official backs multi-trillion plan to rebuild Ukraine

Rebuilding Ukraine will cost trillions of euros – top EU banks EIB chief Hoyer calls for Marshall-style Plan for Ukraine Urges West and its banks to underwrite Ukraine finances BRUSSELS, May 11 (Reuters) – A top European official has backed a multi-trillion-euro “Marshall” -style plan to rebuild Ukraine, pledging the firepower of the EU lending … Read more

Russia warns Poland, Bulgaria of gas supply cuts on Wednesday

A worker checks pipes at a gas compressor station on the Yamal-Europe pipeline near Nesvizh, some 130 km (81 miles) southwest of Minsk December 29, 2006.REUTERS / Vasily Fedosenko / File Photo Register now for FREE unlimited access to Reuters.com Register Russia demands ‘unfriendly’ countries to pay for gas in rubles Russia has threatened to … Read more