Dutch front-month gas, the European benchmark, rose 11% to 206 euros per megawatt-hour at 8:47 a.m. in Amsterdam. Price increased 7.1% on Tuesday.

The currently out-of-action Nord Stream pipeline system was damaged, with Germany saying it suspected it was an act of sabotage.

Naftogaz and Gazprom signed in December 2019 a gas transit agreement under ship-or-pay terms, meaning Gazprom is obliged to pay for transit whether it uses it or not.

The net profit amounted to RUB 2.514 trillion, which not only marks a 2.6-fold increase against the amount recorded in the first half of 2021 but also exceeds the total profit of the Gazprom Group for the two previous calendar years!

Для достижения целей устойчивого развития и обеспечения справедливого энергетического перехода наши страны заинтересованы в стабильности мировых энергетических рынков, свободном движении капитала, технологий и в целом в обеспечении глобальной энергетической безопасности.

При этом одной из наиболее активно развивающихся за последнее время сфер взаимодействия стала энергетика, подчеркнул Павел Сорокин.

The share of imports from Russia has likely risen because of lower imports into China and shifting trade patterns following Russia’s full-scale invasion of Ukraine. Western economic sanctions have reduced demand for Russian crude oil, and as a result, have left Russia to look for alternative export destinations.

The European Commission aims to publish Sept. 28 a document detailing future steps to ease volatility and increase trading volume in energy markets after surging prices led to ballooning margin calls

Тема выступления – ситуация на Донбассе и ход специальной военной операции по его освобождению от неонацистского режима, захватившего власть на Украине в 2014 году в результате вооружённого государственного переворота.

Международный форум “Российская энергетическая неделя” снова соберёт на своей площадке участников глобального нефтяного рынка, партнёров по электроэнергетической отрасли в СНГ, чтобы дать ответы на актуальные вопросы развития мировой энергетики.

Benchmark futures jumped as much as 10% for a second day of gains. In the latest move to ensure supply, Germany said it will nationalize Uniper SE and avert a collapse of the energy sector with winter just days away.

G7 countries have also agreed to finalize a price cap for Russian crude. The US Treasury has indicated that three separate price caps will be introduced -- for crude, high-value refined products and low-value refined products.

Russia is still the biggest source of the trade bloc's shipped crude with more than 1.2 million b/d of imports landing in the region in early September, the data shows, little changed on the month.

Benchmark prices dropped as much as 8.8% on Monday, extending last week’s decline. Germany, the U.K. and others plan to spend billions to ease their reliance on Russian imports, rescue local energy companies, and cap prices to alleviate pressures on businesses and households.

With European energy prices at acute levels, there are huge risks that could destabilise the whole social, economic, and political fabric of Europe.