Netherlands freezes Russian oil and gas patents: Report

1 week, 2 days ago

Russia’s Gazprom says it will halt gas supplies to Moldova starting January 1

Moscow, Russia's state-owned energy giant Gazprom said on Saturday it will halt gas supplies to Moldova starting on January 1, citing alleged unpaid debt by the European Union candidate country, which has brought in emergency measures as it braces for power cuts. Gazprom has said Moldova owes close to USD 709 million for past gas supplies, a figure fiercely disputed …

Energy Ukraine Gas Natural Gas Moldova Russian Moscow

1 week, 3 days ago

Russia's Gazprom says it will halt gas supplies to Moldova starting Jan. 1

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Russia’s state-owned energy giant Gazprom …

Energy Ukraine Gas Natural Gas Moldova Russian Moscow

1 week, 3 days ago

Russia’s Gazprom says it will halt gas supplies to Moldova starting Jan. 1

Associated Press

Russia’s state-owned energy giant Gazprom said Saturday it will halt gas supplies to Moldova starting on Jan. 1, citing alleged unpaid debt by the European Union candidate country, which has brought in emergency measures as it braces for power cuts. Gazprom has said Moldova owes close to $709 million for past gas supplies, a figure fiercely disputed by the government …

Energy Ukraine Gas Natural Gas Moldova Russian Moscow

2 weeks ago

Indian state refiners may buy Mideast spot oil to replace Russian shortfall

Live Mint

* State refiners look to Middle East crude * Russian oil exports drop on domestic demand, OPEC * Three state refiners may tap stocks to cover processing in March By Nidhi Verma NEW DELHI, Dec 24 - Indian state refiners are considering tapping the Middle East crude market as spot supply from their top supplier Russia have fallen, three refining …

India Middle East Oil Indian State Russian Reuters

3 weeks, 3 days ago

Dutch court rejects call for ban on weapon exports to Israel

Dutch News

A court in The Hague has rejected calls by 10 human rights groups to stop the Dutch state from exporting weapons and parts to Israel. The Dutch government denied it is violating international law and had asked the court to dismiss the case at last month’s hearing. The court ruled that the state must already consider whether there is a …

International Law Dutch Court Israel Violating International Weapon Exports

3 weeks, 4 days ago

Russia signs $13bn-a-year oil deal with India in blow to Western sanctions

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Russian state-owned oil firm Rosneft …

India Indian Russian Oil Western Sanctions Russia Signs

4 weeks ago

Dutch companies "avoiding Russian sanctions" via third countries

Dutch News

Dutch companies are defying sanctions against Russia by exporting goods to neighbouring countries, sometimes using false papers, research by the statistics agency CBS and the Rijksuniversiteit Groningen has found. The CBS recorded a 74% increase in the value of exports of sanctioned goods to seven countries labelled “high risk” in 2022 and a 90% rise in 2023, compared to the …

Russia Dutch Countries Cbs Goods

4 weeks ago

Young, small Dutch businesses circumventing sanctions against Russia

NL Times

Dutch exports to Russia have decreased significantly since the European Union sanctioned the country for invading Ukraine. But there are indications that particularly young small are circumventing the sanctions by exporting to intermediary countries, Statistics Netherlands and the University of Groningen reported after investigating Dutch exports of sanctioned goods. According to CBS, these companies may be circumventing the sanctions by …

Russia Dutch Sanctions Cbs Dutch Exports Sanctioned Sanctioned Goods

1 month ago

Russia loosens rules for fossil fuel payments by foreign countries to bypass US sanctions

Firstpost

The loosening of payment rules comes as Russia grapples with economic challenges stemming from the sanctions Russian President Vladimir Putin has eased the process of making payments for fossil fuels for foreign countries. The move to ease payments, announced Thursday in an order by President Vladimir Putin, seeks to mitigate the financial impact of new US sanctions designed to curb …

Russia Payments Sanctions Payment Russian Moscow Hungary

1 month ago

Exclusive-Rising costs squeeze intermediaries out of thriving Russian oil trade with India

Live Mint

By Nidhi Verma NEW DELHI/MOSCOW - Three trading houses have become dominant sellers of Russian oil to India as many smaller players dropped out of the business due to high funding costs in Russia and lack of access to Western funds, according to data and six trading sources. Traders such as Dubai-based Starex Trading and Pontus Trading, which were large …

India Trade Oil Sanctions Indian Trading West

Dutch Grand Prix in Zandvoort disappearing from F1 calendar after 2026

NL Times

The Formula 1 in Zandvoort will end in 2026. “There were various options on the table to continue,” Dutch GP director Robert van Overdijk told NOS. We would certainly have come to an agreement on that.” The end of the Dutch Grand Prix has to do with major financial risks, he said. A one-off dip is not so bad, but …

Dutch Grand Prix Zandvoort Dutch Grand Prix Van Overdijk

1 month, 2 weeks ago

Dutch law firm helped Iranian oil industry evade U.S. sanctions for years

NL Times

A Dutch-based law firm has helped the Iranian oil industry evade United States sanctions for years, according to research by BNR. International Law Firm Taheri has set up at least six companies since 2020 to manage oil tankers with paid intermediaries as directors so that the real owner remained out of sight. ILFT owner Masoud Taheri told BNR that he …

Dutch Oil Iran Iranian Firm Iranian Oil Bnr

1 month, 3 weeks ago

Russia’s Gazprom stops the flow of natural gas to Austria, OMV utility says

Associated Press

VIENNA — Russia’s state-owned natural gas company Gazprom stopped supplies to Austria early Saturday, according to the Vienna-based utility OMV, after OMV said it would stop payments for the gas following an arbitration award. OMV said it would stop paying for Gazprom gas to its Austrian arm to offset a 230 million-euro arbitration award it won from the International Chamber …

Russia Natural Gas Austria Omv Gazprom Gas

1 month, 3 weeks ago

Russia's Gazprom stops flow of natural gas to Austria, OMV utility says

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Russia’s state-owned natural gas company …

Russia Gas Natural Gas Austria Gazprom Omv

1 month, 3 weeks ago

Austria says Russia's Gazprom will cut off natural gas supply this weekend

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Russia’s state-owned natural gas company …

Ukraine Natural Gas Austria Sign Cut European Natural

5 months, 1 week ago

Hungarian minister accuses EU of orchestrating stoppage of Russian oil through Ukraine

Associated Press

BUDAPEST, Hungary — Hungary’s Foreign Minister Péter Szijjártó Tuesday accused the European Union’s executive commission of orchestrating a stoppage of some Russian oil supplies into the bloc through Ukraine and warned that the dispute could lead to an energy crisis. Ukraine last month adopted sanctions against Lukoil — Russia’s largest non-state firm — which prohibited the transit of its oil …

Brussels Ukraine Russia Oil Kyiv Hungary Slovakia

9 months, 2 weeks ago

Dutch agriculture exporting more to Russia than before Ukraine war

NL Times

The Netherlands is exporting more agricultural products to Russia than before the war in Ukraine. Dutch companies are particularly exporting modern agricultural machines and vaccines to Russia - merchandise that helps increase yield per hectare, according to FTM. The export of vaccines for livestock and agricultural machinery to Russia increased from 184 million euros in 2021 to 239 million euros …

Russia Dutch Netherlands Russian Agricultural Ukraine War Ftm

10 months, 3 weeks ago

India resumes buying Russian Sokol oil after 2-month hiatus, sources say

The Hindu

India has resumed imports of Russian Sokol oil after a two-month gap with at least two refiners so far taking deliveries of the light sweet crude in February, four trade sources said and ship tracking data showed. India did not receive Sokol oil in December and January, data from trade sources and the ship tracking data shows. In February, private …

India Oil Data Russian Sokol Rosneft Resumes Buying

1 year, 3 months ago

OIL explores options to bring back millions stuck in Russia

Live Mint

NEW DELHI : Oil India Ltd has appointed legal and tax consultants to explore ways to repatriate its $150 million in dividend stuck in Russia, the state-run firm’s chairman and managing director Ranjit Rath said. Mint has reported that OVL, Bharat Petroresources Ltd, Indian Oil Corp, and Oil India Ltd have around $400 million in stuck dividend payments from from …

India Russia Oil Indian Russian Moscow Crude Oil

1 year, 5 months ago

Russia Uses Little-Known Traders to Sell Oil to the World

Live Mint

Russia struck deals to sell a substantial portion of its petroleum output to a group of previously little-known oil traders, locking in a stream of cash from its lifeblood industry. All three have been active exporters of crude and refined products since sanctions on Russian oil took effect in December, according to Russian customs data and industry executives. Representatives for …

Ukraine Russia World Oil Hong Kong Bank Trading

1 year, 5 months ago

Dutch government still supporting oil, gas projects abroad, despite promises to stop

NL Times

The Dutch government is still insuring fossil fuel extraction by Dutch companies abroad, despite promising to stop the practice this year at the COP26 international environmental conference in Glasgow. At least three fossil fuel projects got state guarantees worth 310 million euros this year. PvdA parliamentarian Joris Thijsen called it “madness” that the Dutch State is still backing companies active …

Dutch Companies Fossil Dutch Government State Guarantees

1 year, 5 months ago

Billions in profit for Dutch fossil fuel firm NAM due to higher natural gas price

NL Times

The Nederlandse Aardolie Maatschappij made billions of euros in profits last year, mainly as a result of the higher natural gas price. Last month, unnamed sources told Bloomberg that NAM has offered to transfer two gas storage facilities to the Dutch government. There is still much disagreement between the previous Cabinet of Prime Minister Mark Rutte and the energy companies …

Dutch Gas Cabinet Nam

1 year, 6 months ago

Dutch banks not doing enough to track down Russian assets: DNB

Dutch News

Almost 18 months after the Russian invasion of Ukraine, one-third of banks and other financial institutions in the Netherlands have not done enough to track down and freeze the assets of people and companies on the sanctions list, according to research by Dutch central bank DNB. “If we look at the transactions which are easy to find then we are …

Dutch Bank Russian Dnb

1 year, 7 months ago

Which companies are leaving Russia and which are staying? Here's a look

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Here's a look at some of the Western companies …

Company Russian Business

1 year, 7 months ago

EU Foreign Minister says Europe should stop entry of Indian products made from Russian oil

The Hindu

Hours before his meeting in Brussels with External Affairs Minister S. Jaishankar, the European Union’s Foreign Minister, Josep Borrell, said that Europe should not permit the entry of refined petroleum products from India that are made from Russian oil. Mr. Borrell’s remarks were made to the Financial Times in an interview, in which the Minister said it was “certainly a …

Europe Oil Russian Jaishankar Borrell Russian Oil Indian Products

1 year, 7 months ago

EU to curb Indian fuel imports made with Russian oil: Report

Al Jazeera

The EU’s foreign policy chief has called for a crackdown of Russian oil into Europe as refined fuel, including diesel. Josep Borrell, the European Union’s foreign policy chief, has said that the bloc will act against the importation of Indian petroleum products that use Russian oil, in rare explicit criticism of India’s role in helping Russia evade Western sanctions amid …

Europe Ukraine Russia Oil Russian Borrell Russian Oil

1 year, 8 months ago

India leads ‘Laundromat’ countries buying Russian crude and selling oil products to Europe: report

The Hindu

India leads five countries named as the “Laundromat” countries that buy Russian oil and sell processed products to European countries, thus sidestepping European sanctions against Russia, says a Helsinki-based group that cited the latest figures for the first quarter of 2023. The report accused Indian sellers and European buyers of possibly “circumventing sanctions” by selling crude products from a refinery …

Europe Russia Oil Products Price Report Russian

1 year, 10 months ago

EU slaps sanctions on top Russia officials, banks, trade

The Hindu

The European Union agreed Saturday to impose new sanctions on Russia over its invasion of Ukraine targeting more officials and organizations accused of supporting the war, spreading propaganda or supplying drones, as well as restricting trade on products that could be used by the armed forces. Transactions with some of Russia’s largest banks are also prohibited.” Asset freezes were slapped …

Russia Russian

1 year, 10 months ago

Dutch consumers hunting down more cheap nearly-expired groceries and factory rejects

NL Times

The sale of nearly expired products or products with misprinted labels at low prices is seeing a real upswing in the Netherlands amid high inflation and increasing awareness of food waste. Now they are more often trying to combat food waste.” Zerostock in Belfeld sells residual products from retail chains like Blokker, Hema, and Kruidvat. We try to work circularly …

Food Netherlands Products Food Waste Nos

2 years ago

Russia threatens to slash oil supplies in 2023, spooks markets

Al Jazeera

Moscow warns it may cut production by 5-7 percent in early 2023 as the energy war with the West deepens. Russia may cut oil output by 5-7 percent in early 2023 and halt sales to countries supporting a price cap on its crude and oil products, a senior official has said. “Crude prices are higher as energy traders focus on …

Global Energy Russia Oil Price West Russian

2 years ago

Which European nations are handling the energy crisis best?

Al Jazeera

France, Spain, Germany, Italy and Greece are doing some things right, but face challenging times ahead, say experts. An uneven risk Russia accounted for nearly half of Europe’s total natural gas imports in 2021, but some countries were always going to be more vulnerable than others. Challenges ahead Germany recently announced a new 200 billion euro package to deal with …

Energy France Spain Italy Russia Netherlands Inflation

2 years ago

Drivers are stuck in limbo as world’s oil supply reshuffles

Associated Press

NEW YORK — At a gas station outside New York City, retired probation officer Karen Stowe was faced with a pump price she didn’t want to pay. Drivers now hope the situation doesn’t get worse after a series of cutbacks tied to Russia’s war in Ukraine, accidents and the slowing global economy have strained the world’s oil supply. “But it …

India Europe China Russia Supply New York Oil Prices

2 years ago

Drivers stuck in limbo as world's oil supply reshuffles

Firstpost

Drivers hope the situation doesn’t get worse after a series of cutbacks tied to Russia’s war in Ukraine, accidents and the slowing global economy have strained the world’s oil supply New York: At a gas station outside New York City, retired probation officer Karen Stowe was faced with a pump price she didn’t want to pay. Drivers now hope the …

Global India Europe China Supply Prices Price

2 years, 1 month ago

Europe's import of Russian gas jumps 42% amid Russia-Ukraine war: Report

Hindustan Times

The European Union witnessed a 42 percent increase in the imports of Russian Liquefied Natural Gas between January-October, compared to the same period last year, Financial Times reported. The report said that EU has imported 62.1 billion cubic meters of natural gas this year compared to 17.8 billion cubic meters last year. This comes as Lithuanian Foreign Minister Gabrielius Landsbergis …

Europe Ukraine Russian Lng

2 years, 1 month ago

Amsterdam company exploring North Sea gas extraction

NL Times

To increase Dutch gas production, more gas could be extracted from small fields in the North Sea. The Amsterdam company ONE-Dyas wants to increase natural gas production to fill the gap created by reduced supply from Russia. Together, the two fields would produce 5 billion cubic meters of natural gas per year. Earlier this year, ONE-Dyas already committed to spend …

Europe Russia Gas Production Field

2 years, 1 month ago

Russia’s Gazprom threatens Europe gas cuts through Ukraine

Associated Press

Russian energy giant Gazprom has threatened to reduce natural gas supplies through the last pipeline heading to Europe via Ukraine, saying the amount it’s supplying for Moldova is not ending up in the former Soviet republic. The energy crisis has hit Moldova especially hard, with Russia halving its natural gas supply and Moscow’s attacks on Ukraine’s energy infrastructure triggering massive …

Energy Europe Ukraine Russia Gas Natural Gas Moldova

2 years, 1 month ago

Dutch organizations can choose Gazprom Germania successor after German nationalization

NL Times

Dutch municipalities and other public organizations who had an energy contract with the German subsidiary of Russia’s state-owned Gazprom will not have to seek out a new provider, said Climate Minister Rob Jetten. The European Commission allowed the German government to nationalize SEFE Energy this week, formerly known as Gazprom Germania. Previously, organizations including municipalities, schools, and sports clubs which …

Energy Russian German Gazprom Dutch Organizations Sefe Energy

2 years, 1 month ago

Ukraine wants boycott of large Dutch companies operating in Russia, including ING, Philips

NL Times

Ukrainian Foreign Minister Dmytro Kuleba appealed to the public to boycott 50 different companies and brands which he said were still active in Russia at the beginning of the month. The list include several of the largest companies in the Netherlands, including electronics and technology giant Philips, multinational food producer Unilever, and the financial firms Aegon, and ING. "International companies …

Russia Companies Ing

2 years, 2 months ago

Russian firms use front companies to buy Dutch tech, security service says

Dutch News

Dutch high-tech companies are unknowingly selling their technologies to companies set up by the Russian secret service, the head of the Dutch military secret service has told the Financieele Dagblad. MIVD chief Jan Swillens told the paper in an interview that the Russian military intelligence organisation GRU has set up front organisations and companies with the aim of purchasing technology …

Netherlands Russian Tech Security Swillens Dutch Tech Dutch Tech Security

2 years, 2 months ago

Gas crunch eases in Europe — but the respite might not last

Associated Press

FRANKFURT, Germany — Natural gas and electricity prices in Europe have plunged from summer peaks thanks to mild weather and a monthslong scramble to fill gas storage ahead of winter and replace Russian supplies during the war in Ukraine. The good news is natural gas prices on Europe’s TTF benchmark fell on Monday below 100 euros per megawatt-hour for the …

Weather Energy Europe Ukraine Russia Germany Gas

2 years, 3 months ago

Romania investigates leaks from Russian-owned company

Associated Press

BUCHAREST, Romania — Authorities in Romania have opened a criminal investigation into suspected data leaks against four employees of the local branch of neighboring Serbia’s NIS Petrol, which is majority-owned by Russia’s Gazprom Neft. Organized crime prosecutors said late Monday that police raided the company’s offices in the capital, Bucharest, and the western city of Timisoara, along with the employees’ …

Russia Romania Serbia Nis Romanian Nis Petrol

2 years, 3 months ago

Over 900 Dutch companies owned by China or Chinese parent; Experts fear espionage

NL Times

The Netherlands has 903 companies that are at least 50 percent owned by a Chinese parent company or the Chinese State, RTL Nieuws and Follow the Money report. “There are a lot of them,” China expert Jonathan Holslag of the Free University in Brussels said to RTL Nieuws about the list of companies. “This makes it quite difficult for the …

China Netherlands Companies Port Chinese Rotterdam Rtl

2 years, 3 months ago

Germany takes control of 3 Russian-owned oil refineries

Associated Press

BERLIN — Germany is taking control of three Russian-owned refineries in the country to ensure energy security before an embargo on oil from Russia takes effect next year, officials said Friday. Two subsidiaries of Russian oil giant Rosneft — Rosneft Deutschland GmbH and RN Refining & Marketing GmbH — will be put under the administration of Germany’s Federal Network Agency, …

Russia Oil Germany Russian Scholz Schwedt

2 years, 3 months ago

German government could raise stake in gas supplier Uniper

Associated Press

BERLIN — German energy supplier Uniper said Wednesday that it is exploring the possibility of the government acquiring a majority holding in the company as its losses mount, a jump from the roughly 30% stake that the state already has pledged to take. The government put together the rescue package in July after Russia’s cuts to natural gas supplies forced …

Russia Germany Gas German German Government Supplier Uniper

2 years, 3 months ago

Ukraine's Zelensky's “good news” on settlements recaptured from Russia

Hindustan Times

Ukrainian leader Volodymyr Zelensky spoke of "good news" on the battlefields of eastern Ukraine, saying his army had retaken some towns and villages from Russia in what open source analysts said looked like a deep and sudden thrust behind Russian lines. In his daily late night address on Wednesday, President Zelensky said he had received news that his forces had …

Europe Good News Ukraine Russia Gas Putin Russian

2 years, 4 months ago

Netherlands hits target of filling gas reserves to 80%

Dutch News

The Netherlands has hit its target of filling its gas reserves to 80% capacity nearly two months early, the energy ministry has confirmed. On Tuesday energy minister Rob Jetten said 120 local authorities who have energy contracts with Gazprom Energy, the Dutch subsidiary of the Russian state energy firm, could have more time to find alternative suppliers. Jetten had previously …

Energy Russia Jetten

2 years, 4 months ago

Netherlands hits target of filling gas reserves to 80%

Dutch News

The Netherlands has hit its target of filling its gas reserves to 80% capacity nearly two months early, the energy ministry has confirmed. On Tuesday energy minister Rob Jetten said 120 local authorities who have energy contracts with Gazprom Energy, the Dutch subsidiary of the Russian state energy firm, could have more time to find alternative suppliers. Jetten had previously …

Energy Russia Jetten

2 years, 4 months ago

EU plans to cap Russian gas price as Putin issues warning

Al Jazeera

‘We must cut Russia’s revenues which Putin uses to finance this atrocious war in Ukraine,’ European Commission President Ursula von der Leyen told reporters on Wednesday. The European Union has proposed a price cap on Russian gas just as Russia’s President Vladimir Putin warned that such a move would cause Moscow to cut off all energy supplies. “We will propose …

Ukraine Russia Gas Price Putin Moscow European

Netherlands freezes Russian oil and gas patents: Report

History of this topic

Dutch companies profit from Kazakhstan’s toxic oil industry: NRC

Russian firm Gazprom stops supplying gas to the Netherlands in ruble dispute

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