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 …
Europe relies on Russia’s natural gas to help heat millions of homes, generate electricity and power factories. With Russian troops massed along Ukraine’s border, the Continent’s heavy dependence on Russia is limiting its diplomatic options and threatening to throw its energy supplies into turmoil. If the flow of gas is interrupted, either as collateral damage from warfare or as a …
Russia agrees deal to supply gas to China via a new pipeline as tensions simmer with European customers over Ukraine. President Vladimir Putin has unveiled new Russian oil and gas deals with China worth an estimated $117.5bn, promising to ramp up Russia’s Far East exports at a time of heightened tension with European customers over the Ukraine crisis. “And a …
Petrol stations from Florida to Virginia have begun running dry, with prices at the pump jumping as the shutdown of the biggest US fuel pipeline by hackers extends to a fifth day. Key points: Panic buying has driven demand up by 20 per cent, one tracking firm says Unleaded petrol reached its highest price since November 2014 The FBI accused …