You Searched For "russian gas" and got 20 results
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2 mins read
The EU's energy plan that cuts reliance on Russian gas will cost it an extra $200 billion by 2030 unless it shifts to cleaner sources of power, a think tank says
Cutting reliance on Russian gas will cause prices to spike and will cost the EU around $250 billion…
Hamza Fareed Malik
1 min read
European natural gas soars over supply disruptions as Ukraine blocks key route and Russia retaliates against sanctions
Ukraine blocked a route that supplies about 8% of Russian gas to Europe and blamed interference by …
Hamza Fareed Malik
1 min read
20 European natural gas buyers open Gazprombank accounts to pay for Russian gas in rubles, report says
Russia had halted gas supplies to Poland and Bulgaria in late April after they failed to pay in rub…
Grace Dean
2 mins read
The invasion of Ukraine has been a 'harsh wake-up call' for countries dependent on Russian energy, the UK's energy minister said
Russia's invasion of Ukraine has accelerated changes in the global energy market that were already …
Grace Dean
3 mins read
The EU is planning to turn to Africa to help wean itself off Russian natural gas, a report says
Europe is accelerating efforts to reduce its reliance on Russia, from where it sources about 40% of…
Grace Dean
3 mins read
Russia is cutting off Denmark's supplies of natural gas as its invasion of Ukraine causes huge changes in global energy flows
Gazprom is halting natural gas supplies to Ørsted, Denmark's largest energy company, because it did…
Grace Dean
2 mins read
Germany's second-largest city is preparing to ration hot water as the Russia energy crisis escalates
Hamburg's environment senator said he could set limits on when people can use hot water and urged p…
Grace Dean
3 mins read
A European ban on Russian crude risks Moscow using the natural gas 'power tool' in its arsenal, Vortexa said
Russia is a major producer of energy and makes billions from its exports. The EU is its biggest cus…
Hamza Fareed Malik
1 min read
These top European energy companies are set to pay for Russian gas in rubles to meet Putin's demands despite EU warnings: report
Two of the largest importers of Russian gas are said to be participating — Germany-based Uniper and…
Phil Rosen
2 mins read
The German chancellor said a Western embargo on Russian gas imports probably wouldn't end Putin's war in Ukraine
Olaf Scholz's comments in Der Spiegel run counter to the thinking of many Western officials. German…
Grace Dean
2 mins read
Spain can solve the problem of Europe's reliance on Russian natural gas, its prime minister says
Pedro Sanchez pointed out that Spain has 37% of the EU's total capacity for regasification — which …
Zahra Tayeb
1 min read
Volkswagen CEO says the shift away from Russian energy is not happening fast enough and car plants could be at risk
VW boss Herbert Diess said the German carmaker was preparing for the possibility of a disruption to…
Beatrice Nolan
2 mins read
German unions and companies team up to oppose EU ban on Russian gas
The EU is debating whether it will boycott Russia's oil or gas imports after announcing earlier thi…
Jake Epstein,Ben Winck
2 mins read
Zelenskyy's top economic advisor urges global ban on Russian oil and gas: 'This is blood money'
The US and UK imposed a full embargo on Russian gas and oil imports, but most European countries ha…
Joseph Zeballos-Roig
2 mins read
Ukrainian president Zelenskyy said European countries still buying Russian gas and oil are making money 'out of blood'
"We don't understand how you can make money out of blood," Zelenskyy told the BBC. "Unfortunately, …
Grace Dean
1 min read
India just purchased its most expensive LNG cargo in history as it scrambles to replace canceled Russian gas deliveries
India is scrambling to replace canceled Russian gas deliveries, causing one gas company to pay for …
Jennifer Sor
1 min read
Moscow stopped sending gas to Poland, but Italy and France are plugging the gap with rerouted Russian supplies, says Gazprom
A Gazprom spokesperson said buyers in Italy and France are ordering Russian gas and sending it to P…
Phil Rosen
1 min read
Some European factories are being forced to shut down due to soaring global energy prices, report says
Rising energy prices and fears over Russian gas supplies are making it difficult for European facto…
Beatrice Nolan
2 mins read
Europe can't stop buying Russian gas. Here's why.
On Sunday morning, Gazprom, the Kremlin-controlled energy giant, said gas exports from Russia to Eu…
Sam Tabahriti,James Dean
2 mins read
Germany's economy could lose $240 billion 6.5% of its annual output — over the next 2 years if Russian oil and gas were cut off immediately
Germany is heavily reliant on Russian gas, which accounted for 55% of Germany's gas imports in 2021.