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Russia seizes control of Sakhalin gas project, raises stakes with West

Russia seizes control of Sakhalin gas project, raises stakes with West

Putin signed decree to secure all rights on Thursday Five-page decree follows tightening of Western sanctions The move increases the risks for Western companies still in Russia Shell was already in talks to sell its stake in Sakhalin TOKYO/LONDON, July 1 (Reuters) – President Vladimir Putin has raised the stakes in an economic war with …

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Gazprom shares dive after dividend cancelled for first time since 1998

Gazprom shares dive after dividend cancelled for first time since 1998

The logo of the Russian energy company Gazprom is seen at a station in Sofia, Bulgaria, April 27, 2022. REUTERS/Spasiyana Sergieva Sign up now for FREE unlimited access to Reuters.com Record This content was produced in Russia, where coverage of Russian military operations in Ukraine is restricted by law. MOSCOW, June 30 (Reuters) – Russian …

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Exclusive: EU nears compromise deal to defuse standoff with Russia over Kaliningrad

Exclusive: EU nears compromise deal to defuse standoff with Russia over Kaliningrad

Kaliningrad depends on the railway and road through Lithuania Crackdown on sanctioned freight transport angers Moscow EU seeks compromise with Lithuania to resume normal trade VILNIUS/BRUSSELS, June 29 (Reuters) – Trade through Lithuania to the Russian enclave of Kaliningrad could return to normal within days, two sources familiar with the matter said, as European officials …

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French energy companies call for 'immediately' limiting energy use

French energy companies call for ‘immediately’ limiting energy use

A pair of storks sits in a nest on top of a pylon of high-voltage power lines in front of a smoke stack at Cordemais’ Electricit√© de France (EDF) coal-fired power plant in Bouee, France, on 25 June. February 2022. REUTERS/Stephane Mahe Sign up now for FREE unlimited access to Reuters.com Record PARIS, June 25 …

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EU plans for life without Russian gas amid inflation spike

EU plans for life without Russian gas amid inflation spike

‘The notion of cheap energy is gone,’ says Latvian PM Inflation in the euro zone has skyrocketed to record highs Germany warns some industries may have to close this winter BRUSSELS, June 24 (Reuters) – EU leaders warned on Friday that “cheap energy is over” and agreed to boost preparations for further Russian gas cuts, …

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Germany triggers gas alarm stage, accuses Russia of 'economic attack'

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

Pipes at the landfall facility of the ‘Nord Stream 1’ gas pipeline are shown in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke//File photo Sign up now for FREE unlimited access to Reuters.com Record The West and Russia in an energy confrontation since the invasion of Ukraine German minister warns of ‘rocky road’ ahead Minister does …

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Biden administration leans on Tesla for guidance in renewable fuel policy reform

Biden administration leans on Tesla for guidance in renewable fuel policy reform

June 23 (Reuters) – U.S. President Joe Biden rarely mentions electric carmaker Tesla Inc (TSLA.O) in public. But privately, his administration has leaned on the company to help craft a new policy that allows electric vehicles (EVs) to benefit from the nation’s lucrative renewable fuel subsidies, according to emails reviewed by Reuters. . Tesla was …

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EU signals shift to coal, accuses Russia of 'rogue moves' on gas

EU signals shift to coal, accuses Russia of ‘rogue moves’ on gas

Pipes at the landfall facility of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke Sign up now for FREE unlimited access to Reuters.com Record BRUSSELS/OSLO June 22 (Reuters) – The European Union will temporarily return to coal to tackle declining Russian gas flows without derailing longer-term climate …

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