EU divided over Russian gas price cap amid ‘energy war’

The gas installation is pictured at the Cavern Underground Gas Storage (CUGS) facility in Kosakowo, near Debogorze, Poland April 30, 2022. REUTERS/Kacper Pempel/File Photo Join now for FREE unlimited access to Reuters.com Register Countries resist EU proposal to cap Russian gas price Wider support for cash grants to energy companies Ministers will discuss an exceptional … Read more

Biden administration rejects Cheniere’s request to circumvent LNG pollution rule

Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 6 (Reuters) – The U.S. Environmental Protection Agency (EPA) said on Tuesday it had rejected a request from major liquefied natural gas (LNG) exporter Cheniere Energy Inc. (GNL.A) to exempt the turbines at its two US Gulf Coast terminals from a dangerous pollution rule. … Read more

Exclusive: Gazprom says Nord Stream 1 takeover depends on Siemens Energy

Join now for FREE unlimited access to Reuters.com Register Gazprom says the ball is in Siemens Energy’s court Siemens Energy: we don’t understand Gazprom Germany discusses energy rationing Russia: We will send our oil to Asia VLADIVOSTOK, Russia, September 6 (Reuters) – Russia’s biggest gas pipeline to Europe will not resume pumping until Siemens Energy … Read more

EU rushes to protect industry as Russia gas shutdown shakes markets

Gas prices in Europe up around 400% compared to a year ago EU states rush to support struggling power companies Disruptions hamper EU efforts to fill storage EU denounces Moscow’s weaponized gas, Russia blames sanctions LONDON/OSLO, Sept 5 (Reuters) – Gas prices in Europe jumped, stocks tumbled and the euro tumbled on Monday after Russia … Read more

Gas shutdown in Russia tightens energy screws on Europe

Pipes from the landing facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany March 8, 2022. REUTERS/Hannibal Hanschke Join now for FREE unlimited access to Reuters.com Register Shutdown for maintenance on the Nord Stream 1 pipeline No flows to Germany 0100 GMT, August 31 – 0100 GMT, September 3 European governments … Read more

UK household energy bills will jump 80% to over $4,000 a year

A gas cooker is seen in Boroughbridge, northern England, November 13, 2012. REUTERS/Nigel Roddis Join now for FREE unlimited access to Reuters.com Register Price cap for 24 million households to increase from October Even higher prices expected in January Regulator calls for urgent government intervention ‘This is a national emergency,’ says opposition Labor LONDON, Aug … Read more

The Nord Stream 1 pipeline will be closed for three days in the latest fuel blow in Europe

Pipeline shutdown from August 31 to September 31. 2 for maintenance The disclosure comes as gas flows have fallen to 20% This decision increases the energy impasse of Europe and Moscow FRANKFURT/BERLIN, Aug 19 (Reuters) – Russia will cut off natural gas supplies to Europe for three days at the end of the month through … Read more

Russia further cuts gas flows as Europe pleads for savings

Pipes from the Nord Stream 1 gas pipeline landing facilities are pictured in Lubmin, Germany March 8, 2022. REUTERS/Hannibal Hanschke/ Join now for FREE unlimited access to Reuters.com Register BERLIN/FRANKFURT, July 27 (Reuters) – Russia delivered less gas to Europe on Wednesday in a further escalation of an energy standoff between Moscow and the European … Read more

Europe agrees to compromise gas restrictions as Russia cuts supply

Gas pipeline model, EU and Russian flags, July 18, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register EU ministers agree to urgently reduce gas consumption Voluntary reductions would become binding in the event of a supply emergency The final agreement exempts many countries, industries EU rushes to save gas as Russia … Read more

Oil rises for a second day on supply issues

The pattern of oil barrels is seen in front of the rising stock market chart in this illustration, July 24, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register Russian Gazprom tightens pressure on gas flows to Europe The Fed is expected to raise rates by 75 basis points on Wednesday Brent … Read more