Tag: gas

Russian Nord Stream gas pipeline restarted after maintenance: operator

BERLIN, Germany (AFP) — The Nord Stream gas pipeline linking Russia to Germany restarted on Thursday after 10 days of maintenance work, its operator told AFP. “It’s working,” a Nord Stream spokesman said, without specifying the amount of gas being delivered. The German government had feared the pipeline would not be reopened by Moscow after the scheduled work. According to data given by Russia’s state-owned energy giant Gazprom to Gascade, the German operator of the […]

Europe frets over reduced Russia gas supplies

BERLIN, Germany (AFP) — Russian gas giant Gazprom begins 10 days of routine maintenance on its Nord Stream 1 pipeline on Monday — with Germany and other European countries watching anxiously to see if the gas comes back on. The annual work on the two pipelines was scheduled long in advance. The fear is however that — with relations between Russia and the West at their lowest in years because of the invasion of Ukraine […]

Sri Lankans return to cooking with firewood as economy burns

  by Amal JAYASINGHE Agence France Presse NEHINNA, Sri Lanka (AFP) — As once relatively wealthy Sri Lanka suffers a dire economic crisis with shortages of everything from medicines to gas, people are returning to cooking with firewood. The switch began at the beginning of the year when more than 1,000 kitchens exploded across the country, killing at least seven people and injuring hundreds more. The reason was suppliers looking to cut costs and increasing […]

Germany raises gas alert level after Russia dwindles supply

  FRANKFURT, Germany (AFP) — Germany said Thursday it would raise the alert level under its emergency gas plan to secure supply following the recent reduction of pipeline supplies from Russia. “Gas is now a scarce commodity in Germany,” Economy Minister Robert Habeck told reporters. Triggering phase two brings Germany a step closer to the third and final stage that could see gas rationing in Europe’s top economy. Russia was using gas “as a weapon” […]

Third straight week of oil price hike set on June 21 as global oil prices retreat

3rd oil price hike lower compared to the the price increase in the last two weeks Gas prices to increase by P0.80 per liter, diesel prices up by P3.10 per liter (Eagle News) – Effective Tuesday, June 21, oil companies will implement another round of oil price increase, although less than the hike implemented in the previous two weeks. Various oil companies have already issued advisories on the 80 centavo increase per liter of gasoline, […]

Russia earns $98 bn from fuel exports in 100 days of Ukraine war: report

  PARIS, France (AFP) — Russia earned 93 billion euros ($98 billion) from fossil fuel exports during the first 100 days of its war in Ukraine, with most sent to the European Union, according to research published Monday. The report from the independent, Finland-based Centre for Research on Energy and Clean Air (CREA) comes as Kyiv urges the West to sever all trade with Russia in the hopes of cutting off the Kremlin’s financial lifeline. […]

Russia will help PHL in its oil and gas needs, says Russian ambassador Pavlov

Assurance made during discussion with President-elect Marcos Jr.   (Eagle News) – The Russian government will help the Philippines in its oil and energy needs, the Russian ambassador to the Philippines assured on Monday, June 13. In his remarks after his courtesy call on President-elect Ferdinand Marcos Jr., Russian ambassador Marat Pavlov said that his government would help the Philippines during this time of energy crisis. Russia is one of the top oil producers in […]

Russia’s Gazprom suspends gas supplies to Netherlands

MOSCOW, Russia (AFP) — Russia’s Gazprom said Tuesday it had halted gas supplies to the Netherlands after Dutch energy firm GasTerra refused to pay in rubles following the Russian military offensive in Ukraine. “Gazprom has completely stopped gas supplies to GasTerra due to non-payment in rubles,” the Russian gas giant said in a statement. Moscow has demanded that clients from “unfriendly countries” — including EU member states — pay for its gas in rubles, a […]

EU leaders agree ban on most Russian oil imports

  by Max DELANY Agence France Presse EU leaders on Monday backed a ban on most Russian oil imports, after a compromise deal with Hungary to punish Moscow for the war in Ukraine. The 27-nation bloc has spent weeks haggling over a proposed total embargo on Russian oil but came up against stubborn resistance from Hungarian Prime Minister Viktor Orban. EU leaders meeting in Brussels hatched a compromise deal to exempt deliveries arriving in Europe […]

Russia halts gas supplies to Finland

  HELSINKI, Finland (AFP) — Russia on Saturday stopped providing natural gas to neighbouring Finland, which has angered Moscow by applying for NATO membership, after the Nordic country refused to pay supplier Gazprom in rubles. Following Russia’s February 24 invasion of Ukraine, Moscow has asked clients from “unfriendly countries” — including EU member states — to pay for gas in rubles, a way to sidestep Western financial sanctions against its central bank. Gazprom said in […]

EU eyes Russian oil import ban as Moscow strikes western Ukraine

  by Joshua Melvin with Alex Pigman in Brussels Agence France Presse ZAPORIZHZHIA, Ukraine (AFP) — The European Commission proposed a gradual ban on Russian oil imports Wednesday to punish Moscow for its invasion of Ukraine, as Russian forces pounded sites to the east of the country and hit targets in the far west near the EU border. The EU also pledged to “significantly increase” its support for Moldova, Ukraine’s neighbour that has seen a […]

EU readies for end of Russia gas, warns won’t pay in rubles

by Dave CLARK Agence France Presse The European Union warned member states Monday to prepare for a possible complete breakdown in gas supplies from Russia, insisting it would not cede to Moscow’s demand that imports be paid for in rubles. The European Commission will on Tuesday propose to member states a new package of sanctions to punish President Vladimir Putin’s Kremlin for its invasion of Ukraine, including an embargo on Russian oil, officials said. But […]