As the European Union focuses on renewable energy sources to replace Russia’s energy supply, the amount of electricity generated from fossil fuels is expected to plummet.
Mystery leaks hit both Russian undersea gas lines, raising European suspicions
On Tuesday, European countries raced to investigate mysterious leaks in Russian gas pipelines that run under the Baltic Sea between Sweden and Denmark.
Russian gold miner Petropavlovsk collapses as sanctions claim major scalp
After being hit hard by Western sanctions, a London-listed Russian miner has been forced to go bankrupt.
EU backs Ukraine’s membership (official candidate for membership)
Friday’s European Union blessing was given to Ukraine by the bloc to be an official candidate for membership. This is a historic shift in Europe’s eastward outlook that has been
EU sanctions target Russian oil and banks with new EU sanctions
According to the EU’s top diplomat, new sanctions will be imposed on Russia by the European Union for its war on Ukraine. They will target Russia’s oil industry, banks, and
Putin warns West: Moscow can end exports and deal
On Tuesday, Russian President Vladimir Putin notified the West that he would cease exports and contracts. This was the Kremlin’s most severe response to the US and its allies’ sanctions
EU could offer Hungary and Slovakia exemptions from Russian oil embargo
Two EU officials stated Monday that the European Commission might spare Hungary and Slovakia from an embargo against Russian oil purchases. This was in preparation because of their dependence on
Gazprom has not booked Q3 capacity via Yamal pipeline – EU energy ministers meet for emergency talks
Gazprom, the Russian gas giant, has not booked any gas transit capacity via Yamal-Europe’s Yamal-Europe pipeline in the third quarter, Interfax news agency reported Monday, citing the GSA Platform auction
Finland won’t pay in roubles for Russian gas
The Finnish minister responsible for European affairs Tytti Tippurainen stated on Thursday that Finland would not pay for Russian gas in Russian roubles, despite Russia’s request.
EU labels Russian gas as ‘blackmail’ and is working on a response
On Wednesday, the EU’s chief executive criticized Gazprom’s decision to stop supplies to some European customers as “blackmail”. However, he said that the bloc was working to coordinate its response
Petropavlovsk PLC (LON:POG) Q1 2022 Production and Sales Report
Petropavlovsk PLC (“Petropavlovsk” or the “Company” or, together with its subsidiaries, the “Group”) today issues its sales and production results and corporate update for the quarter ending 31 March 2022