Nord Stream Initiates Legal Action Against Insurers Including Lloyd’s of London for Over €400m in Damages Following Pipeline Explosions
Gas prices rise due to reduced Norwegian production.
European natural gas prices have surged, continuing from last week, due to disruptions in Norwegian supplies to the UK and mainland Europe.
Russian army needs a decade to rebuild
More than a year prior, under the guise of common mobs, Russian forces launched a brutal assault on Ukrainian towns and cities, which resulted in a horrifying array of atrocities
UK bypasses Putin as gas prices reach a two-year low
Britain has successfully completed an entire year without importing any Russian gas, striking a significant blow to Vladimir Putin’s energy warfare.
Analysts predict a £1,200 decrease in the UK’s household energy price cap coming July.
Analysts anticipate a substantial drop of over £1,200 in the UK’s household energy price cap in July. This is due to a significant decline in wholesale gas and electricity prices,
Household expenses are set to decrease by £500 as Putin’s energy war proves unsuccessful.
Anticipated average household energy bills are set to decrease by approximately £500 starting in July, suggesting that Vladimir Putin’s strategy to leverage Russia’s gas reserves for geopolitical ends has not
Gas prices in Europe revert to standard rates, marking a setback for Putin’s energy conflict.
For the first time since Russia’s Ukraine incursion, European natural gas prices have returned to their typical trading ranges, marking a setback in Vladimir Putin’s energy warfare.
Uniper, a German gas importer, has suffered a €4 billion loss on its Russian subsidiary after losing control of the company
As the majority shareholder with an 83.7% stake, Uniper claims it has not had any access to information about its power generation subsidiary, Unipro, since the final quarter of last
Russia mulls fresh mobilisation of half-a-million conscripts for Ukraine
The Kremlin is still refusing to confirm speculation but quietly removed a rule that exempted fathers with three or more children from mobilization
Russian airbase was hit in a drone attack, and three killed
Russian military personnel were killed when a Ukrainian drone attacked an area in Russia’s Saratov Region. This was reported by Russian news agencies, citing the defense ministry.
Russia forced to slash oil output by half a million barrels a day
Russia is planning to reduce its oil production by tens of millions of barrels per day in response to a Western price limit that threatens the Kremlin’s revenues.
Russian energy giant Gazprom begins testing gas supplies from the Kovykta fields to China’s pipeline
Gazprom, Russia’s energy giant, said Tuesday that it had begun testing the supply of natural gas from the Kovykta, east Siberia’s largest, to the China-bound Power of Siberia pipeline.