Tag Archives: Independent.ie

Europe’s move to cap natural gas prices threatens to curb supply to the region and intensify its energy crisis. European nations this week reached a deal to put a ceiling on gas prices, ending months of political wrangling over whether to intervene in its energy sector. But while the mechanism …

A top Russian official has accused the United States and its allies of trying to provoke the country’s break-up and warned that such attempts could lead to doomsday. Dmitry Medvedev, the deputy secretary of Russia’s Security Council chaired by President Vladimir Putin, warned the West that any attempt to push …

Oil headed for the biggest weekly decline since early April on increasing evidence that a global economic slowdown is curbing demand, with prices near the lowest level in six months. West Texas Intermediate was little changed below $89 (€87.50) a barrel on Friday, and was about 10pc lower for the …

Russia has blamed Western sanctions for its decision to curb gas supplies to Europe in a move Germany said was politically motivated. Gazprom, Moscow’s state-backed energy giant, announced yesterday it would slash gas deliveries through a key European pipeline by 20pc, a day after announcing a 40pc cut to the …

European natural gas prices edged higher, following seven sessions of declines, with Russian supplies through Ukraine expected to fall. Orders dropped to about 68pc of the amount that Gazprom PJSC can send under its transit contract. The Russian company reiterated that flows were in line with requests from customers. Supplies …