Tag Archives: stripes

German Chancellor Olaf Scholz insisted Tuesday that his country was well-prepared to tackle a possible energy shortage due to Russia’s squeeze on European gas supplies, as fears grow about the rising prices that will hit consumers across the continent this winter. Speaking at the start of a two-day government retreat, …

European energy companies appear to have bent to Russian President Vladimir Putin’s demand that they purchase natural gas using an elaborate new payment system, a concession that avoids more gas shut-offs and also gives Putin a public relations victory while continuing to fund his war effort in Ukraine. The system, …

Russian President Vladimir Putin said Wednesday that a new pipeline to Germany has been fully filled with natural gas, noting that it could help quickly reduce soaring European energy prices. The $11 billion Nord Stream 2 pipeline is currently awaiting approval from Germany and the European Union, and officials warned …