EU could end penalties for companies that break Russian gas contracts
European Commission is considering plans to allow energy firms to declare force majeure, absolving them of obligations The European Commission is considering plans that would...
Category : Commodities
Eurozone economy stagnated ahead of European Central Bank interest rate decision – business live
Live coverage of business, economics and financial news as ECB expected to cut interest rates by 0.25 percentage points in effort to support growth It...
European imports of liquefied natural gas from Russia at ‘record levels’
Rystad Energy releases data days after Ukraine stopped flows of Russian gas through its pipelines Europe bought a record amount of liquefied natural gas from...
Russian gas shutdown forces closure of almost all industry in Transnistria
Pro-Russia Moldovan region suffers major hit after Ukraine ends transit agreement, with only food producers functioning The shutdown of Russian gas supplies to Moldova’s breakaway...
Ukraine halts supply of Russian gas to Europe
Ukraine ends agreement to allow gas to flow through its pipelines, with European supplies set to be tested as cold weather forecast later this week...
Russia winds down gas supply to Europe via Ukraine as transit deal expires
Exports to cease on New Year’s Day as Europe faces cold snap and higher than usual fall in reserves since September Europe will receive the...
Sanctioned Russian oligarchs allowed to invest in UK North Sea oil producer
Critics say Labour ‘should have run a mile’ from LetterOne after it is acquires 15% of Aberdeen-based Harbour Energy The government faces growing criticism after...
Zelenskiy to attend UK cabinet meeting in effort to disrupt Russian oil sales
Ukraine’s president will ask for more help to block Putin’s growing ‘shadow fleet’ of tankers carrying sanctioned crude to buyers The Ukrainian president, Volodmyr Zelenskiy,...
Gazprom slumps to first annual loss in 20 years as trade with Europe hit
£5.5bn loss in 2023 comes after gas sales more than halved following Russia’s invasion of Ukraine The Kremlin-owned gas company Gazprom has plunged to its...
EU agrees plan to enable member states to end all gas imports from Russia
New power to allow importers to sever ties would help to end Europe’s reliance on Russian supplies EU countries may soon be able to halt...
