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Articles with tag "Gas"

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.

EU Unveils More Details of Proposed Ban on Russian Gas Imports

Unlike previous sanctions, the ban would rely on trade and energy laws to restrict Russian gas — a move designed to bypass potential opposition from...
2 Min read

Serbia and Gazprom Extend Low-Cost Gas Deal Through September

The extension comes as Serbia negotiates a new long-term agreement with Gazprom to replace its existing three-year contract, which was set to expire May...
1 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

EU Unveils Plan to End All Russian Gas Imports by 2027

EU officials admit that phasing out Russian energy is easier said than done, as some member states are more dependent on imports than others.
3 Min read

Russia Agrees to Begin Gas Deliveries to Iran This Year

Moscow said it will supply Tehran with up to 55 billion cubic meters of gas per year, but final details of the deal are still being worked out.
1 Min read

China Spikes Kremlin’s Proposed Power of Siberia 2 Alternative

The proposal envisioned the delivery of up to 45 billion cubic meters (bcm) of Russian natural gas annually to China via Kazakhstan.
2 Min read

Gazprom Abandons Bolivia’s Azero Project After 16 Years of Unfulfilled Promises

The failure of Gazprom’s Azero venture is more than just an economic footnote; it is a cautionary tale of geopolitical overreach and energy sector overpromising...
4 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

Russia and U.S. Discussing Restarting Nord Stream Gas Deliveries to Europe – Lavrov

"Now, of course, there are disagreements. But is it only in the interests of Russia and the United States to restore normal energy supply to Europe?" Lavrov...
2 Min read

Russia Sues Shell for $1.6Bln Over Unpaid 2022 Gazprom Supplies

The lawsuit, filed in a Moscow court, seeks to declare Shell’s exit from the Sakhalin-2 oil and gas project in Russia’s Far East illegal.
2 Min read

Russian Gas Supplies to Europe via TurkStream Hit New All-Time High in January

TurkStream has become the only route delivering Russian gas to European markets since Ukraine ended its transit of Russian gas to Europe on Jan. 1.
4 Min read

Gazprom Announces Senior Personnel Reshuffles

The news comes after Russian media reported that Gazprom was considering laying off 1,600 employees.
2 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

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
opinion Joshua R. Kroeker

Europe's Rejection of Russian Gas Was Historic. Its Impact Could Be Short Lived

The fact resuming Russian gas transit through Ukraine could be on the negotiating table shows how much fossil fuels mean to the Kremlin.
5 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

EU Weighs Resuming Russian Pipeline Gas Imports to Spur Ukraine Peace Talks – FT

“It’s madness,” one official told The Financial Times. “How stupid could we be to even think about that as an option?”
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

Transnistria Ready to Buy Gas From Moldova, Kremlin-Backed Leader Says

Transnistria’s energy company, TiraspolTransGaz, informed Moldovagaz of its intent to pay in full, though no timeline was given for when supplies would...
1 Min read
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