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Articles with tag "Energy"

Kazakhstan Moves Forward Alone on Power Plant Construction as Russia Faces Financing Delays

Delays in securing funding from Moscow continue to stall a $2.7 billion energy deal between the two countries.

Russian Workers at Turkish Nuclear Plant Report Months of Unpaid Wages

The workforce at the Akkuyu plant, one of Moscow’s most high-profile overseas energy projects, has reportedly shrunk from 12,000 to just 3,000.
2 Min read

Russia’s Natural Gas Exports to Europe Plunge to Historic Lows

With limited buyers and few alternatives, Gazprom faces mounting losses as a glut of unsold gas weighs on the Russian economy.
3 Min read

Putin and Xi to Discuss Stalled Power of Siberia 2 Pipeline in Moscow – Bloomberg

Despite the revived talks, a final agreement is not expected to be signed during Xi’s visit, sources told Bloomberg.
2 Min read

Russia's Oil and Gas Revenues Fall 17% Year-on-Year in March

Moscow collected approximately 230 billion rubles ($2.7 billion) less in levies, which account for one-third of its total revenue, compared to March 2024...
2 Min read

Hungary Says Russian Oil Supplies Halted After Ukraine Targets Druzhba Pipeline

Hungary’s Foreign Minister Peter Szijjarto said he was informed by his Russian counterparts that supplies would be resumed later on Tuesday.
1 Min read

Russian Oil and Gas Budget Revenues Up 17% Year-on-Year

The increase comes despite the Biden administration tightening sanctions on Russia’s oil and gas sector last month.
3 Min read

Transnistria Rejects EU Energy Aid Over ‘Russian Blackmail,’ Moldova Says

The EU had pledged 60 million euros in aid, contingent on Transnistria making “steps on fundamental freedoms and human rights.”
1 Min read

Germany Looks to Repurpose Nord Stream 2 for Green Gas Project

The pipeline, which was originally meant to double gas shipment capacity from Russia to Europe, could transport green hydrogen or natural gas from Finland...
2 Min read

Slovakia Now Receiving Russian Gas via Turkey After Ukraine Halted Flows

Slovak media reported that gas supplies via TurkStream began on Feb. 1 and that volumes would double in April.
2 Min read

Baltic States to Cut Energy Ties With Russia This Weekend in Power Grid Switch

Officials have planned celebrations across the three countries, though some consumers worry about supply disruptions.
3 Min read

EU to Provide Moldova With $258M to Strengthen Energy Security

The aid is part of a two-year plan aimed at reducing Moldova’s dependence on Russian energy and integrating the country into the EU energy market.
2 Min read

Germany’s Russian LNG Imports Surge Over 500% in 2024

Berlin has banned direct imports of Russian gas but continues to import it via third parties elsewhere in Europe.
4 Min read

Moldova Approves 3M Cubic Meter Gas ‘Loan’ to Transnistria

Transnistria’s Kremlin-backed leader said the gas could reach the region by the end of the week.
2 Min read

What Next for Russian Gas in Europe: 5 Key Questions

Russian pipeline gas has stopped flowing to Europe through Ukraine. What does this mean for Russia's economy and the European energy market?
4 Min read

Moldovan President Visits Ukraine for Energy, Security Talks

With Ukraine's struggle against a Russian invasion nearly in its third year, Moldova is afraid the conflict could expand onto its territory.
2 Min read

Russian Coal and Steel Exports to China Shrink in 2024

Overall trade growth between the two countries slowed to 1.9% in 2024, down from 26% in 2023.
2 Min read

‘Everything Depends on Moscow’: In Separatist Transnistria, Residents Await End to Sweeping Energy Crisis

A Tiraspol resident undergoing cancer treatment said she did not know how she would manage if the temperature drops further.
4 Min read

Abkhazia Expands Power Cuts

The increase in power cuts comes as Russia has been delivering “humanitarian” energy to the region.
1 Min read

Russian Gas Halt Leaves Transnistria Without Heating Amid Winter Freeze

Local energy authorities said restoring heating and hot water could take up to 14 days and require access to customers’ homes.
2 Min read
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