Russia Sanctions
2022, October, 6, 13:05:00
GERMAN ECONOMY DROP
Germany is rushing to minimize the impact of surging energy costs after Russia curtailed supplies of natural gas in retaliation for sanctions imposed after its invasion.
2022, October, 3, 12:20:00
THE NEW EUROPEAN GAS WINTER
In a spokesman for the Kremlin last week where Europe was threatened about how difficult it would be to face the coming winter.
2022, October, 3, 12:15:00
EUROPEAN GAS PRICES STILL DOWN
Benchmark futures declined as much as 5.9%. Ministers supported measures including a power-demand reduction goal and a profit grab from energy companies, and said more was likely this week.
2022, October, 3, 12:10:00
EUROPE LIMITS ENERGY
The cap must cover all market revenues of producers and intermediaries participating in electricity wholesale markets, "regardless of the market timeframe in which the transaction takes place and of whether the electricity is traded bilaterally or in a centralized marketplace," the text said.
2022, September, 30, 09:50:00
EUROPEAN ENERGY DEFICIT
"On the price cap, there is nothing near a consensus," a diplomat from one EU country said.
2022, September, 30, 09:45:00
EUROPEAN ENERGY CRISIS: DEEPER
The 27-nation bloc has already agreed on a voluntary target to cut gas consumption by 15% after Russia, its biggest supplier, cut shipments following the invasion of Ukraine. Still, more action is needed to contain the energy crunch that’s fueling inflation and risks recession.
2022, September, 29, 13:55:00
EUROPEAN GAS PRICES DOWN AGAIN
Benchmark prices declined as much as 6.4%, after rising 19% over the previous two days.
2022, September, 29, 13:50:00
EUROPE NEED ENERGY SECURITY
Despite the fact neither Nord Stream nor Nord Stream 2 were flowing gas to Europe at the time of the incidents, gas prices rose as much as 9% in early trading Sept. 27.
2022, September, 29, 13:35:00
INDONESIA NEED RUSSIAN OIL
Although Pertamina remains cautious and the company declined to make official comments on any concrete plans to purchase Russian crude going forward, Ambara Jaya said that the state-run refiner finds several Russian crude grades to be suitable feedstocks.
2022, September, 28, 12:35:00
EUROPEAN GAS PRICES UP AGAIN
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.
2022, September, 28, 12:30:00
NORD STREAM WAS DAMAGED
The currently out-of-action Nord Stream pipeline system was damaged, with Germany saying it suspected it was an act of sabotage.
2022, September, 28, 12:25:00
RUSSIA, UKRAINE SANCTIONS
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.
2022, September, 27, 16:40:00
RUSSIAN OIL FOR CHINA UP
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.
2022, September, 22, 16:30:00
EUROPEAN ENERGY CRISIS PLAN
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
2022, September, 21, 14:05:00
EUROPEAN GAS PRICES UP ANEW
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.