Tag Archives: Russia

Germany said Tuesday it will halt the certification of the Nord Stream 2 gas pipeline designed to bring natural gas from Russia directly to Europe after President Putin recognized breakaway regions in east Ukraine and said Russian troops would move into the area to act as peacekeepers. Germany’s Chancellor Olaf …

Russia intends to continue uninterrupted supplies of gas, including liquefied natural gas (LNG), to world markets, Russian President Vladimir Putin stated in the greetings to the participants and guests of the Forum of Gas Exporting Countries, published on the Kremlin website on Tuesday. The Russian leader noted that expanding the …

Russia’s Rosneft PJSC aims to develop new natural gas reserves regardless of whether the Kremlin allows the company to export the fuel through pipelines. “We will produce gas at Rospan and Kharampur-Neftegaz irrespective of the export potential,” First Vice President Didier Casimiro told reporters, referring to the company’s two greenfield …

The request for transit of Russian gas through the territory of Ukraine remains low, equaling the level of the middle of January, according to data provided by the GTS (Gas Transmission System) Operator of Ukraine. Gas transit via Ukraine has been falling since the beginning of the month, standing at …

Russian liquefied natural gas will remain an important factor to support energy security of the Asia-Pacific Region for coming decades, chief executive of Shell in Russia Ekaterina Grushetskaya told TASS. “Forecast indicators contained in the Shell’s report on LNG global market development prospects posted today will certainly be a good …

German Chancellor Olaf Scholz has told CNBC that the West has to work “very hard” to find alternative sources of energy beyond Russia as talks of potential sanctions intensify. Speaking to CNBC’s Hadley Gamble at the annual Munich Security Conference, Scholz stressed that much of the West is reliant upon …

At around the same time as Russian President, Vladimir Putin, had his first in-person meeting with his Chinese counterpart, Xi Jinping, for nearly two years – at the opening of the Winter Olympics ceremony in Beijing – and reiterated that there is ‘no limit’ to how far Russian and Chinese …

Oil prices slumped early on Tuesday after Russia said some troops are returning to bases, which the market interpreted as a possible sign of de-escalation of the tension following several days of warnings that Russia would invade Ukraine “any day now.” Profit-taking also pushed oil prices lower as investors and …

Russia could get an additional $65 billion for its state coffers this year if higher oil prices remain resilient, Bloomberg reported this week, citing estimates made by economists. For the windfall to realize, prices need to remain around $90 per barrel of Brent for the rest of the year, according …

Wall Street stocks tumbled and oil prices surged as White House warnings of a possibly imminent Russian invasion of Ukraine reverberated through financial markets. Markets lurched on Friday during a briefing by US National Security Advisor Jake Sullivan, who said a Russian invasion could “begin at any time,” including during …