Commodity stocks keep Europe buoyant PARIS: European shares broke a three-day losing streak on Wednesday as basic materials stocks surged 4.5%, while... Published 28 Apr, 2022 05:37am
Business & Finance Russia halts gas to Poland, Bulgaria, exposing EU divisions WARSAW/SOFIA/ KYIV: Russia halted gas supplies to Bulgaria and Poland on Wednesday for rejecting its demand for... Published 28 Apr, 2022 05:37am
Business & Finance Dollar hits five-year high, growth concerns dent euro NEW YORK: The dollar hit a five-year high on Wednesday before the Federal Reserve next week is expected to hike... Published 28 Apr, 2022 05:37am
World Russia halts gas supplies to Poland and Bulgaria WARSAW/SOFIA/KYIV: Russia halted gas supplies to Bulgaria and Poland on Wednesday for rejecting its demand for... Published 27 Apr, 2022 09:49pm
Markets Commodity stocks keep Europe buoyant as Russia gas supply concerns linger European shares steadied on Wednesday on the back of commodity stocks, while Russian energy giant Gazprom halting... Published 27 Apr, 2022 03:16pm
Markets Euro falls below $1.06 for first time in five years LONDON: The euro fell below $1.06 for the first time in five years against a broadly strong US dollar on Wednesday... Published 27 Apr, 2022 02:59pm
World EU vows ‘coordinated response’ to Russia gas stoppage BRUSSELS: The EU said Wednesday it was “prepared” for Moscow to suspend gas supplies to the 27-nation bloc and is... Published 27 Apr, 2022 02:27pm
World Russia cuts Poland, Bulgaria gas over Ukraine KYIV: Russia halted gas supplies to Poland and Bulgaria on Wednesday, after blasts in a breakaway region of... Published 27 Apr, 2022 12:30pm
Markets Russia gas exports to Europe, oil prices fall MOSCOW: Russian gas exports to Europe have fallen in the past five months while the price of the country’s benchmark... Published 15 Apr, 2022 08:17pm
Markets Energy giant Shell hikes Russian exit hit to $5bn LONDON: Shell on Thursday warned that its exit from Russia over the Ukraine war would cost the British energy giant... Published 08 Apr, 2022 05:28am
Markets Russia's Gazprom continues gas exports to Europe via Ukraine Russian state-owned energy giant Gazprom continued to supply natural gas to Europe via Ukraine on Wednesday in line... Published 06 Apr, 2022 01:10pm
Markets EU raids Gazprom’s German offices in antitrust probe BRUSSELS: EU antitrust investigators raided the German offices of Gazprom, sources said on Thursday, on suspicion ... Published 01 Apr, 2022 05:41am
Business & Finance ‘Find roubles’ if you want Russian oil, grain or metals, top lawmaker says LONDON: Russia’s top lawmaker warned the European Union on Wednesday that if it wanted Russian natural gas then it... Published 30 Mar, 2022 01:01pm
Markets Russia’s Gazprom seeks gas payments in euros from India’s GAIL NEW DELHI: Gazprom has asked India’s largest gas transmitter GAIL (India) to pay for gas imports in euros instead... Published 26 Mar, 2022 04:13am
World US, EU strike LNG deal as Europe seeks to cut Russian gas BRUSSELS/LONDON: The United States will work to supply 15 billion cubic metres of liquefied natural gas (LNG) to the... Updated 26 Mar, 2022 09:54am
Markets Russia’s Gazprom continues exporting gas to Europe via Ukraine Russian energy giant Gazprom (GAZP.MM) said on Wednesday it was continuing to supply natural gas to Europe via... Published 23 Mar, 2022 01:15pm
Business & Finance Sanctions-savaged Russia teeters on brink of historic default LONDON: The economic cost of Russia’s assault on Ukraine was fully exposed on Wednesday as Vladimir Putin’s... Published 16 Mar, 2022 01:08pm
Business & Finance Fitch downgrades Russia oil, gas firms on default risk PARIS: Credit rater Fitch Saturday downgraded 28 Russian natural resources companies including state gas giant... Published 12 Mar, 2022 09:27pm
Business & Finance Russian rouble stabilises in offshore trade after heavy losses MOSCOW: The Russian rouble stabilised on Tuesday in thin offshore trade after heavy losses over the war in Ukraine,... Published 09 Mar, 2022 06:44am
Markets Russian gas pipeline exports to Europe MOSCOW: Europe’s gas market remains volatile amid tensions between Moscow and the West over Ukraine, a key route... Published 18 Feb, 2022 04:31am
Markets Russian gas flows again from Poland to Germany via Yamal pipeline MOSCOW: Gas flows from Poland to Germany via the Russian Yamal-Europe pipeline resumed on Wednesday morning after it... Published 02 Feb, 2022 11:07am
Markets Yamal gas flows east for 29th day as volume increases MOSCOW: Gas flowed east along the usually westbound Yamal-Europe pipeline for a 29th consecutive day on Tuesday as... Published 20 Jan, 2022 04:21am
Markets Russia’s Gazprom has no Europe gas exports planned in February via Yamal pipeline MOSCOW: Russian state energy giant Gazprom said on Monday it has not booked any capacity to pump gas to Europe... Published 18 Jan, 2022 04:20am
Markets Yamal gas pipeline flows eastward from Germany to Poland for 27th day running MOSCOW: The Yamal-Europe pipeline, which usually sends Russian gas west into Europe, flowed east from Germany to... Published 17 Jan, 2022 07:06am
Markets Gazprom's gas exports up in 2021, likely misses target for Europe MOSCOW: Russia's Gazprom natural gas exports outside the former Soviet Union in 2021 increased by 5.8 billion cubic... Published 02 Jan, 2022 08:02pm
Opinion Hoping for cheaper gas to come, Europe reverses Russian link to tap storage Gas traders are relying on stockpiles to supply European buyers and avoid paying near record-high prices, industry... Published 01 Jan, 2022 04:07am
Markets Russian gas continues to flow east via Yamal-Europe pipeline MOSCOW: The Yamal-Europe pipeline that usually delivers Russian gas to Western Europe was sending the fuel back to... Published 29 Dec, 2021 06:57am
World Russia denies withholding gas supplies to Europe MOSCOW: Russian energy giant Gazprom has rejected accusations that Moscow is limiting gas deliveries to Europe and... Published 27 Dec, 2021 06:45am
Markets Russia says doubles imports of Turkmen gas in 2021 ASHGABAT, (Turkmenistan): Russia’s imports of natural gas from Turkmenistan have doubled in 2021 from the volumes... Published 25 Dec, 2021 05:02am
Markets Gazprom expects to strengthen its position in Europe's gas market MOSCOW: Russian energy giant Gazprom expects to strengthen its position in Europe's pipeline gas market and does not... Published 17 Dec, 2021 01:37pm