Don’t trade security for economic profit, NATO tells countries DAVOS: Western countries must not trade security for economic profit, NATO Secretary-General Jens Stoltenberg warned... Published 24 May, 2022 04:38pm
Opinion Fearing Russian cutoff, German industry braces for gas rations race German big business is drafting a plan to use an auction system to help ration available supplies in the event ... Published 21 May, 2022 04:34am
Business & Finance German importers can open rouble accounts to pay for Russian gas BERLIN: Germany’s gas importers are allowed to open rouble accounts to pay for Russian gas, according to two ... Published 20 May, 2022 07:00am
Markets Italy’s Eni opens ruble, euro accounts to pay for Russian gas MILAN: Italian energy giant Eni said Tuesday it was opening accounts in euros and in rubles to fulfil payments due... Published 17 May, 2022 09:09pm
World EU clarifies how companies can legally pay for Russian gas BRUSSELS: The European Commission has explained how EU companies can pay for Russian gas without breaching the... Published 17 May, 2022 12:28pm
Opinion UK oil capital tackles the energy transition… up to a point In Aberdeen, northeast Scotland, offshore wind turbines, the extension to the city’s port, and hydrogen buses are... Published 13 May, 2022 05:59am
Markets Russian gas flows to Europe fall after Kyiv shuts one route LONDON: Russian gas flows to Europe via Ukraine fell by a quarter on Wednesday after Kyiv halted use of a major... Published 12 May, 2022 05:40am
Markets Oil up as Russia gas flow to Europe falls, EU Russian oil ban looms NEW YORK: Oil prices jumped almost 5% on Wednesday after plunging nearly 10% in the previous two sessions, buoyed by... Published 12 May, 2022 05:40am
World Ukraine halts some Russian gas flows, claims battlefield gains KHARKIV: Flows of Russian gas to Europe through a key transit point in Ukraine dried up on Wednesday, while Kyiv... Published 11 May, 2022 11:33am
Markets US natgas futures drift lower NEW YORK: US natural gas futures fell about 4% on Friday from the previous session’s 13-year high on forecasts for... Published 08 May, 2022 05:25am
Markets US natgas soars to near 14-year high on oil rally, hot weather view U.S. natural gas futures hit their highest in nearly 14 years tracking a rally in oil prices on the European Union’s... Published 04 May, 2022 08:10pm
World Russian offensive devastates towns in eastern Ukraine, EU prepares oil sanctions KYIV/LVIV: Russian forces shelled Kharkiv, Ukraine’s second largest city, and devastated several towns in eastern... Published 03 May, 2022 12:14pm
World Italy aims to be independent from Russian gas by second-half 2024 MILAN: Italy aims to cut off its dependence on Russian gas by the second half of 2024, Italy’s Ecological Transition... Published 03 May, 2022 11:11am
World EU energy ministers hold crisis talks after Russian gas cuts BRUSSELS: Energy ministers from European Union countries hold emergency talks on Monday, as the bloc strives for a... Published 02 May, 2022 10:30am
Markets EU says pay for Russian gas in euros BRUSSELS: EU companies may be able to work around Russia’s demand to receive gas payments in roubles without... Published 24 Apr, 2022 05:36am
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
Print ECB on track to unwind stimulus FRANKFURT: The European Central Bank confirmed plans on Thursday to end its hallmark stimulus scheme in the third... Published 15 Apr, 2022 05:29am
Markets Putin tells Europe: You cannot ditch Russian gas but we’re turning east President Vladimir Putin said on Thursday that Moscow will work to re-direct its energy eastward as European... Published 14 Apr, 2022 05:45pm
World Greece to double coal output to reduce Russian gas use ATHENS: Greece’s government said Thursday it plans to double production of lignite, or brown coal, in the coming two... Published 07 Apr, 2022 07:34pm
World Slovakia will stay united with EU against Russian gas payment demands, PM says PRAGUE: Slovakia will act in unison with the European Union against Russia’s gas payments demands, Prime Minister... Published 04 Apr, 2022 12:02pm
Markets European shares log first quarterly loss in eight; H&M slumps PARIS: European shares slipped on Thursday, widening a quarterly loss that would be the first in two years, led by... Published 01 Apr, 2022 05:41am
Markets Putin says EU gas buyers need rouble accounts from April MOSCOW: Russian President Vladimir Putin said Thursday that "unfriendly" countries, including all EU members, will... Published 31 Mar, 2022 07:20pm
World Germany looks to farm fumes in breakup with Russian gas RIBBECK: As Germany scrambles to reduce its dependence on Russian energy, the pungent fumes from the manure and... Published 30 Mar, 2022 10:27am
Markets Totalenergies says decision to attract investment needed to calm gas price DOHA: Totalenergies CEO Patrick Pouyanne said on Saturday European gas prices would keep rising until a decision is... Published 27 Mar, 2022 05:40am
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
World Poland refuses to pay for Russian gas in rubles WARSAW: Poland’s state energy company on Thursday said it would not pay for Russian gas in rubles, becoming the... Published 25 Mar, 2022 05:47am
Markets France’s TotalEnergies says unable to end Russian gas purchases PARIS: TotalEnergies’ chief executive said Wednesday that his company could not stop buying Russian natural gas in... Published 24 Mar, 2022 05:36am
Markets Germany to ‘fast-track’ gas terminals as part of Qatar deal DOHA: Germany has committed to “fast track” the construction of two liquefied natural gas terminals as part of a new... Published 21 Mar, 2022 10:32am
Markets LNG projects in the Gulf of Mexico boosted as Russian gas alternative HOUSTON: Two years ago, the American liquified natural gas (LNG) company Tellurian was in free fall: Its stock price... Published 21 Mar, 2022 07:19am
Markets LNG projects in the Gulf of Mexico boosted as Russian gas alternative HOUSTON: Two years ago, the American liquified natural gas (LNG) company Tellurian was in free fall: Its stock price... Published 20 Mar, 2022 11:27am