Vladimir Putin says Russia not using gas as a political weapon and it is ready to help ease Europe's energy crunch
3 years, 2 months ago

Vladimir Putin says Russia not using gas as a political weapon and it is ready to help ease Europe's energy crunch

ABC  

President Vladimir Putin has denied using gas as a political weapon, saying Russia was ready to help ease Europe's energy crunch as the European Union called an emergency summit to tackle skyrocketing prices. Key points: Renewables have failed to fill gaps amid surging demand Some European politicians say Moscow is using the fuel crisis as leverage President Vladimir Putin says Russia is ready to boost supplies if asked Energy demand has surged as economies have rebounded from the pandemic, driving up the prices of oil, gas and coal, stoking inflationary pressures and undermining efforts to cut the use of polluting fossil fuels in the fight against global warming. How to de-gas Europe The European Commission outlined measures on Wednesday that the 27-nation EU would take to combat the energy crisis, including exploring a voluntary option for countries to jointly buy gas. "The only way to fully decouple gas from electricity is no longer to use it to generate power," EU energy policy chief Kadri Simson said.

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History of this topic

The 'Most Vulnerable Country' To Russian ‘Blackmail’ Braces For Trump’s Return
3 weeks, 3 days ago

The 'Most Vulnerable Country' To Russian ‘Blackmail’ Braces For Trump’s Return

Huff Post  

LOADING ERROR LOADING Europe is bracing for another energy crisis this winter, teeing up a high-stakes early test of how a newly inaugurated Trump administration will attempt to balance efforts to reset relations with Russia against the needs of U.S. allies seeking fuel to stay warm during what’s forecast to be an unusually cold season. Few places will feel the …

French imports of Russia's liquified natural gas surge, and Ukraine supporters seek a stop
4 months, 2 weeks ago

French imports of Russia's liquified natural gas surge, and Ukraine supporters seek a stop

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 Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

David Cameron calls on Europe to turn off Russian gas to save Ukraine
6 months, 2 weeks ago

David Cameron calls on Europe to turn off Russian gas to save Ukraine

The Telegraph  

The bloc was responsible for importing up to half of Moscow’s LNG with Spain and France being the second and third largest buyers behind China. Lord Cameron also confirmed that Britain would hand Ukraine at least £3 billion in military support “next year and every year in the future for as long as it takes until Putin is defeated”. Rebuild …

Putin seeks emergency petrol as Russia runs on fumes
8 months, 2 weeks ago

Putin seeks emergency petrol as Russia runs on fumes

The Telegraph  

Russia has reportedly asked Kazakhstan to supply it with petrol as Ukrainian attacks on its refineries force it to import gasoline. Russia is normally an exporter of gasoline but Ukrainian drone attacks have significantly hit its refining capabilities, forcing it to rely on imports to meet demand. Drone attacks have hit Russian refineries at least 12 times, including five in …

Opinion: Putin is using high oil prices to test support for Ukraine. Congress’ dysfunction plays right into his hands
1 year, 2 months ago

Opinion: Putin is using high oil prices to test support for Ukraine. Congress’ dysfunction plays right into his hands

LA Times  

Wars are won and lost on battlefields. The price cap on Russian oil, pioneered by Treasury Secretary Janet Yellen and introduced by a G-7-led coalition in late 2022, was designed to reduce those revenues while keeping Russian oil on the market to hold world prices in check. The maritime tollbooth could then charge all Russian oil shipments the difference between …

Putin profits off US and European reliance on Russian nuclear fuel
1 year, 4 months ago

Putin profits off US and European reliance on Russian nuclear fuel

Associated Press  

WASHINGTON — The U.S. and its European allies are importing vast amounts of nuclear fuel and compounds from Russia, providing Moscow with hundreds of millions of dollars in badly needed revenue as it wages war on Ukraine. “Ukraine does not understand why sanctions have not yet been introduced against Rosatom and its leadership,” Zelenskyy said in May, “when representatives of …

Europe has shaken off Putin’s gas embargo
1 year, 6 months ago

Europe has shaken off Putin’s gas embargo

Hindustan Times  

Weapons come in all shapes and sizes, from the Javelins that blow up Russian tanks to the F-16s Ukrainian aces may soon be flying. As his invasion of Ukraine got bogged down last year, Vladimir Putin, Russia’s president, reached for a weapon few imagined he would dare to wield: the throttling of deliveries from Russia’s vast gas fields to its …

Russia launches intense air raid on Kyiv, top Chinese diplomat to tour Ukraine and Russia
1 year, 7 months ago

Russia launches intense air raid on Kyiv, top Chinese diplomat to tour Ukraine and Russia

ABC  

Russia launched an exceptionally intense air attack on Kyiv in the early hours of Tuesday, using drones, cruise and probably ballistic missiles, city officials said, as the Ukrainian capital suffered its eighth air raid this month. Key points: Russia fired six ballistic missiles from aircraft, nine cruise missiles from ships in the Black Sea and three missiles from land Ukraine …

German energy boss warns: Don’t let guard down on gas supply
1 year, 10 months ago

German energy boss warns: Don’t let guard down on gas supply

Associated Press  

BONN, Germany — The temperature outside Klaus Mueller’s office almost resembles spring, exactly the kind of mild weather that helped Germany get through the winter without Russian natural gas. Mueller would only concede that he’s “optimistic” this winter will end without a further gas crunch, especially after Germany cut gas use by 14% in 2022 through lowering thermostats, switching to …

Moscow’s decades-old gas ties with Europe lie in ruins
1 year, 10 months ago

Moscow’s decades-old gas ties with Europe lie in ruins

Live Mint  

Meticulously crafted over decades as a major revenue stream for the Kremlin, Moscow's gas trade with Europe is unlikely to recover from the ravages of military conflict. After President Vladimir Putin's "special military operation" in Ukraine began almost a year ago, a combination of Western sanctions and Russia's decision to cut supplies to Europe drastically reduced the country's energy exports. …

Europe has staved off energy collapse despite Russia’s gas cutoff. But is the crisis over?
1 year, 11 months ago

Europe has staved off energy collapse despite Russia’s gas cutoff. But is the crisis over?

LA Times  

Europe has dodged an energy apocalypse this winter, economists and officials say, thanks to unusually warm weather and efforts to find other sources of natural gas after Russia cut off most of its supply to the continent. In Germany, Europe’s largest economy, the government passed gas and electricity price caps allowing small businesses and consumers to buy 80% of their …

Europe has avoided energy collapse. But is the crisis over?
1 year, 11 months ago

Europe has avoided energy collapse. But is the crisis over?

Associated Press  

FRANKFURT, Germany — Europe has dodged an energy apocalypse this winter, economists and officials say, thanks to unusually warm weather and efforts to find other sources of natural gas after Russia cut off most of its supply to the continent. In Germany, Europe’s largest economy, the government passed gas and electric price caps allowing small businesses and consumers to buy …

Europe has avoided energy collapse. But is the crisis over?
1 year, 11 months ago

Europe has avoided energy collapse. But is the crisis over?

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. In Germany, Europe's largest economy, the government passed gas …

Russia threatens to slash oil supplies in 2023, spooks markets
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 …

Ukraine war: Vladimir Putin has been weaponising energy for years. Here’s what to look for next
2 years ago

Ukraine war: Vladimir Putin has been weaponising energy for years. Here’s what to look for next

Firstpost  

Russia shifted its strategy to attrition, specifically targeting energy infrastructure, after failing to force a quick, decisive victory against Ukraine Not since the 1970s oil crisis has the West seen such a focus on energy security. Vladimir Putin’s regime had been using selective gas supply cuts as a pressure tool against Ukraine since at least the winter of 2005-06, when …

Which European nations are handling the energy crisis best?
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 …

Putin says Russia will fight sanctions with shift in trade and energy flows
2 years ago

Putin says Russia will fight sanctions with shift in trade and energy flows

The Hindu  

President Vladimir Putin said on Thursday that Russia would expand trade cooperation with new partners, including by switching gas flows to eastern neighbours, in order to combat Western sanctions. Mr. Putin said in a televised speech that Russia would develop its economic relations with partners in Asia, Africa and Latin America to thwart Western efforts to isolate it economically. Mr. …

EU ministers fail again on gas price cap to contain costs
2 years ago

EU ministers fail again on gas price cap to contain costs

Associated Press  

BRUSSELS — European Union energy ministers failed yet again to overcome their deep differences Tuesday on a natural gas price cap that many hope would make utility bills cheaper so people can stay a little warmer during harsh winter days — if not this year, then later. One side is demanding a cap to push down gas prices for households …

Vladimir Putin open to talks on Ukraine if West accepts Moscow's demands
2 years ago

Vladimir Putin open to talks on Ukraine if West accepts Moscow's demands

ABC  

Russian President Vladimir Putin is "open to negotiations" on Ukraine but the West must accept Moscow's demands, the Kremlin says, a day after US President Joe Biden said he was willing to talk with the Russian leader. Key points: The Kremlin says the US's refusal to recognise annexed territory in Ukraine as Russian was hindering a search for ways to …

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

Putin’s gas strategy is doomed to fail
2 years, 1 month ago

Putin’s gas strategy is doomed to fail

Al Jazeera  

As Russia continues to unleash devastating attacks on Ukrainian civilian infrastructure, Europe is weighing up a future without Russian gas. The other route is via Turkey’s TurkStream pipeline and its Bulgarian extension, Balkan Stream, through which Russian gas is delivered to Serbia and Hungary. Russia’s atrocities will continue to incentivise moves towards the measure and while the EU has never …

Gas crunch eases in Europe — but the respite might not last
2 years, 1 month 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 …

EU ministers delay for a month decision on more energy unity
2 years, 1 month ago

EU ministers delay for a month decision on more energy unity

Associated Press  

BRUSSELS — European Union nations on Tuesday gave themselves yet another month to overcome deep differences on groundbreaking measures to shield their citizens from the energy crisis. But because fluctuating global energy markets and different energy mixes among member states — ranging from nuclear to natural gas and other fossil fuels — make smart, lightning-quick decisions wickedly difficult, “many countries, …

Ukraine War Fallout: Is Energy Crisis Imminent in Europe? - News18
2 years, 2 months ago

Ukraine War Fallout: Is Energy Crisis Imminent in Europe? - News18

News 18  

The Russia-Ukraine conflict, euphemistically called a “special military operation” by Russia when it launched the offensive, more than seven months ago was not expected to last more than a few days or weeks. Despite alarm bells from a January 2009 crisis that led to the disruption of Russian gas transiting through Ukraine for two weeks, and Russia’s annexation of Crimea …

‘No waiting': Turkey, Russia to act on Putin’s gas hub offer
2 years, 2 months ago

‘No waiting': Turkey, Russia to act on Putin’s gas hub offer

Associated Press  

ANKARA, Turkey — Turkish President Recep Tayyip Erdogan said Friday that Turkey and Russia have instructed their respective energy authorities to immediately begin technical work on a Russian proposal that would turn Turkey into a gas hub for Europe. Erdogan said Russian and Turkish energy authorities would work together to designate the best location for a gas distribution center, adding …

Erdogan says Turkey and Russia to study Putin’s gas hub proposal
2 years, 2 months ago

Erdogan says Turkey and Russia to study Putin’s gas hub proposal

Al Jazeera  

Sides will work together to set up a distribution centre in Turkey to export more gas via the TurkStream gas pipeline, Turkish president says. Turkish President Recep Tayyip Erdogan says his government and that of Russia have instructed their respective energy authorities to immediately begin technical studies on a Russian proposal that would turn Turkey into a gas hub for …

Putin tempts Turkey, suggests making it Europe’s new gas hub
2 years, 2 months ago

Putin tempts Turkey, suggests making it Europe’s new gas hub

Associated Press  

ANKARA, Turkey — Russian President Vladimir Putin on Thursday doubled down on his proposal to turn Turkey into a gas hub for Europe after deliveries to Germany through the Baltic Sea’s Nord Stream pipeline were halted. It’s the second unlikely energy proposal that Putin has pitched in as many days, with European leaders calling Russia’s cuts in natural gas a …

Putin tells Erdogan Russia could create 'gas hub' in Turkey
2 years, 2 months ago

Putin tells Erdogan Russia could create 'gas hub' in Turkey

The Hindu  

Russian President Vladimir Putin on Thursday told his Turkish counterpart Recep Tayyip Erdogan that Moscow would consider developing a "gas hub" in Turkey, with Russia's supplies to Europe disrupted by Ukraine-related sanctions and leaks at key pipelines. We could consider the possibility of creating a gas hub in Turkey for supplies to other countries," the Russian leader told Erdogan at …

‘They can just open the tap’: Putin says Russia can resume gas supplies via Nord Stream 2
2 years, 2 months ago

‘They can just open the tap’: Putin says Russia can resume gas supplies via Nord Stream 2

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 President Vladimir Putin has …

Putin courts Erdogan to pump more Russian gas through Turkey
2 years, 2 months ago

Putin courts Erdogan to pump more Russian gas through Turkey

Al Jazeera  

Russian president says Turkey offers the best route to redirect gas to the EU after Nord Stream pipeline damage. At a meeting in Kazakhstan on Thursday, Putin said Turkey offered the most reliable route to deliver gas to the European Union and the proposed hub would allow prices to be set independent of politics. Peskov said the TurkStream gas pipeline …

Putin says Russia could increase gas supplies to Europe
2 years, 2 months ago

Putin says Russia could increase gas supplies to Europe

Associated Press  

MOSCOW — Russian President Vladimir Putin said Wednesday that Moscow is ready to resume gas supplies to Europe via a link of the Germany-bound Nord Stream 2 pipeline under the Baltic Sea — an offer quickly rejected by Berlin. As for Putin’s comments, she said: “Nice try.” Asked if she would rule out the use of Nord Stream 2, Hoffmann …

Putin offers to boost gas supplies to Europe via Nord Stream 2
2 years, 2 months ago

Putin offers to boost gas supplies to Europe via Nord Stream 2

Al Jazeera  

Russian leader says mothballed pipeline can ferry energy exports west if it is proven safe following a spate of recent explosions. Russian President Vladimir Putin has said Moscow is ready to resume gas supplies to the European Union via a link of the Germany-bound Nord Stream 2 pipeline under the Baltic Sea – an offer quickly rejected by Berlin. The …

Russia ready to resume gas supplies to Europe: Vladimir Putin
2 years, 2 months ago

Russia ready to resume gas supplies to Europe: Vladimir Putin

India TV News  

Russia on Wednesday said it is ready to supply gas to the European nations via a link of The Nord Stream 2 pipeline. Russian President Vladimir Putin, who was present at an energy forum in Moscow, accused the U.S. of being the one behind the tampering with the Nord Stream pipeline. “The act of sabotage of the Nord Stream 1 …

Russia's threat to cut off the EU's energy supplies sees Europe scrambling for Africa's gas
2 years, 2 months ago

Russia's threat to cut off the EU's energy supplies sees Europe scrambling for Africa's gas

ABC  

A new liquefied natural gas project off Africa's west coast may only be 80 per cent complete, but already the prospect of a new energy supplier has drawn visits from the leaders of Poland and Germany. Key points: Europe is turning to resource-rich African countries as it looks to lessen its dependence on Russian gas African leaders across the continent …

European Union leaders struggle to bridge gas price cap divide
2 years, 2 months ago

European Union leaders struggle to bridge gas price cap divide

The Hindu  

European Union leaders converged on Prague Castle, on October 7, to try to bridge significant differences over a natural gas price cap as winter approaches and Russia's war on Ukraine fuels a major energy crisis. A group of 15 member countries has urged the EU's executive branch, the European Commission, to propose a cap on gas prices as soon as …

Europe scrambling to cope with energy crisis as winter approaches
2 years, 2 months ago

Europe scrambling to cope with energy crisis as winter approaches

The Hindu  

Published : Oct 06, 2022 09:55 IST Travelling through Germany and Slovenia at the end of August, I found it hard to see the effects of the worst energy crisis that Europe has been undergoing in recent years—a combination of the effect of Russia ceasing gas supplies and the worst drought the continent has faced in 500 years. As one …

EU adopts levy on excess energy profits, no gas price cap
2 years, 2 months ago

EU adopts levy on excess energy profits, no gas price cap

Associated Press  

BRUSSELS — European Union energy ministers on Friday adopted a package of measures to ease an energy crisis, including a levy on windfall profits of fossil fuel companies, but an agreement on capping natural gas prices that is supported by a majority of countries remained off the table. With energy prices skyrocketing across Europe since Russia invaded Ukraine, the 27 …

Putin accuses the West of sabotaging Baltic Sea pipelines
2 years, 2 months ago

Putin accuses the West of sabotaging Baltic Sea pipelines

Hindustan Times  

Russian President Vladimir Putin on Friday accused the West of organising blasts that resulted in multiple gas leaks on the Nord Stream gas pipelines from Russia to Europe. Russian President Vladimir Putin gestures during a ceremony to sign the treaties for four regions of Ukraine to join Russia, at the Kremlin in Moscow, Russia, Friday, Sept. 30, 2022. "By organising …

Inflation hits record 10% in 19 European Union countries
2 years, 2 months ago

Inflation hits record 10% in 19 European Union countries

The Hindu  

Inflation in the European countries using the euro currency has broken into double digits as prices for electricity and natural gas soar, signaling a looming winter recession for one of the globe's major economies as higher prices undermine consumers' spending power. The European Central Bank is raising interest rates to combat inflation by keeping higher prices from being baked into …

Inflation hits record 10% in 19 EU countries using euro
2 years, 2 months ago

Inflation hits record 10% in 19 EU countries using euro

Associated Press  

FRANKFURT, Germany — Inflation in the European countries using the euro currency has broken into double digits as prices for electricity and natural gas soar, signaling a looming winter recession for one of the globe’s major economies as higher prices undermine consumers’ spending power. The European Central Bank is raising interest rates to combat inflation by keeping higher prices from …

Europe ramps up energy security after suspected sabotage
2 years, 2 months ago

Europe ramps up energy security after suspected sabotage

Associated Press  

BRUSSELS — European companies are ramping up security around pipelines and energy prices are climbing again as the suspected sabotage of two pipelines that deliver natural gas from Russia underscored the vulnerability of Europe’s energy infrastructure and prompted the EU to warn of possible retaliation. “Any deliberate disruption of European energy infrastructure is utterly unacceptable and will be met with …

Why Putin would want to blow up Nord Stream 2, and the advantages it gives him
2 years, 2 months ago

Why Putin would want to blow up Nord Stream 2, and the advantages it gives him

The Telegraph  

Why, though, might Moscow have chosen to strike at this moment, if it is indeed revealed to be behind the attack? A new gas pipeline between Norway and Poland was inaugurated on Tuesday, very close to the Nord Stream 2 pipeline, as news of the suspected sabotage emerged. The new Baltic Pipe is part of wider moves across Europe to …

Geopolitics of energy of the war in Ukraine & national responses to energy crisis
2 years, 2 months ago

Geopolitics of energy of the war in Ukraine & national responses to energy crisis

Hindustan Times  

The geopolitics of energy of the Russia-Ukraine war has exacerbated the energy problems globally risking the stability of the global markets, which have already been reeling through rising inflation and slowing growth. The war in Ukraine creates a vicious cycle of disruption of global supply chains, which in turn affects the prices of energy and essential commodities as well as …

Russia in ’no rush’ to end Ukraine special military operation: Putin
2 years, 3 months ago

Russia in ’no rush’ to end Ukraine special military operation: Putin

Live Mint  

Despite a strong counter-offensive from the Ukrainian army, the Russia-Ukraine war doesn't seem to be near the end as Russian President Vladimir Putin affirmed on Friday that Moscow is in “no hurry” to end the military campaign in Ukraine. The Russian President blamed "the green agenda" for the energy crises and affirmed that his country will fulfill its energy obligations. …

Watch | How is Russia choking Europe’s energy needs?
2 years, 3 months ago

Watch | How is Russia choking Europe’s energy needs?

The Hindu  

An energy crisis is brewing in Europe. A major reason behind this is Russia shutting the Nord Stream 1 pipeline – a cheap natural gas supply that Europe depended on for years. Nord Stream is an export gas pipeline which runs under the Baltic Sea, carrying gas from Russia to Europe It bypasses transit countries, making it highly reliable for …

EU nations struggle to find joint approach on energy prices
2 years, 3 months ago

EU nations struggle to find joint approach on energy prices

Associated Press  

BRUSSELS — European Union nations struggled to find full consensus Friday on ways to shield the population from dramatically increasing energy prices that threaten to plunge millions into cold and poverty over the winter as Russia chokes off natural gas supplies. While EU members are most interested in lowering prices and getting enough gas, “the commission aimed at limiting Russia’s …

EXPLAINER: Europe struggles to cope with Russia gas shutoffs
2 years, 3 months ago

EXPLAINER: Europe struggles to cope with Russia gas shutoffs

Associated Press  

FRANKFURT, Germany — Europe is facing an energy crisis that is squeezing ordinary people’s finances and in just a few weeks could mushroom into rolling blackouts and factory shutdowns. Here is the latest on Europe’s efforts to avoid a total energy disaster: DID RUSSIA CUT OFF GAS TO EUROPE? There’s still some Russian gas flowing to Europe through a pipeline …

Brussels backs off Russian gas price cap after Putin threat
2 years, 3 months ago

Brussels backs off Russian gas price cap after Putin threat

The Telegraph  

EU ministers have stopped short of a price cap on Russian gas, following threats from Vladimir Putin to cut off supply in retaliation for any cap. The EU’s executive arm was also instructed to prepare proposals for a broader price cap, not just targeting Russia, and a plan to grease the wheels of strained energy markets. Ireland’s environment minister Eamon …

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

Putin threatens to stop European energy exports if price cap on gas is enforced
2 years, 3 months ago

Putin threatens to stop European energy exports if price cap on gas is enforced

Live Mint  

Russian President Vladimir Putin threatened to halt all energy shipments to Europe if Brussels goes ahead with a proposal to cap the price of Russian gas and suggested restricting a U.N.-brokered deal for Ukrainian grain exports via the Black Sea. Ukraine remained guarded about its counter-offensive in the east but its top general warned Russia could turn to nuclear weapons …

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