Tag: Gazprom

U.S. Shores Up Ukraine Aid as Energy Crisis in Europe Looms

In promising Ukraine billions of dollars in long-term military aid, the Biden administration is seeking to prove that U.S. support in the war can outlast Russia’s determination. Rallying American lawmakers and the public around that assistance, and billions in more immediate help, has been relatively painless for President Biden. But he must also keep Europe […]

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EU Leaders Say Putin’s Gas Power Is Weakening

BERLIN — Not long after Russian forces invaded Ukraine, another mobilization began. European energy ministers and diplomats started jetting across the world and inking energy deals — racing to prepare for a rough winter should Russia choose to cut off its cheap gas in retaliation for Western sanctions. Since then, President Vladimir V. Putin of […]

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As Russia Chokes Europe’s Gas, France Enters Era of Energy ‘Sobriety’

A factory making iconic French bistro glasses is idling its furnaces to offset soaring energy costs. Cities around France are turning off streetlamps and other outdoor lighting to curb electricity use. In Normandy, some schools will start heating classrooms by burning wood to conserve natural gas. As Russia tightens its chokehold on Europe’s energy supplies, […]

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Russia Says the Gas Pipeline to Germany Will Remain Closed

Gazprom said on Friday that it would postpone restarting the flow of natural gas through a closely watched pipeline that connects Russia and Germany, an unexpected delay that appeared to be part of a larger struggle between Moscow and the West over energy and the war in Ukraine. The Russian-owned energy giant had been expected […]

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Chairman of Russian Oil Company Lukoil Dies Under Murky Circumstances

A high-ranking Russian oil executive died on Thursday after falling from a sixth-floor hospital window in Moscow, the country’s state media reported, the latest in a series of deaths of businessmen with ties to the energy industry since Russia’s invasion of Ukraine in February. Ravil Maganov, the chairman of Lukoil, Russia’s second-largest oil producer, fell […]

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Chairman of Russian Oil Company Lukoil Dies Under Murky Circumstances

A high-ranking Russian oil executive died on Thursday after falling from a sixth-floor hospital window in Moscow, the country’s state media reported, the latest in a series of deaths of businessmen with ties to the energy industry since Russia’s invasion of Ukraine in February. Ravil Maganov, the chairman of Lukoil, Russia’s second-largest oil producer, fell […]

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Portugal Could Hold an Answer for a Europe Captive to Russian Gas

Portugal has no coal mines, oil wells or gas fields. Its impressive hydropower production has been crippled this year by drought. And its long-running disconnect from the rest of Europe’s energy network has earned the country its status as an “energy island.” Yet with Russia withholding natural gas from countries opposed to its invasion of […]

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Russia Halts Natural Gas Flows to Germany Again

Gazprom, Russia’s government-owned energy giant, shut off natural gas flows early Wednesday through Nord Stream 1, the critical pipeline that connects Russia to Germany, raising fresh worries about European energy supplies. Gazprom said the cutoff was temporary and was necessary for maintenance, although the German government and energy executives consider it to be politically motivated. […]

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Russia plans to halt natural gas flows to Germany again.

Gazprom, Russia’s government-owned energy giant, is expected on Wednesday to temporarily stop natural gas flows through Nord Stream 1, the critical pipeline that connects Russia to Germany, raising fresh worries about European energy supplies. Gazprom, Russia’s government-owned energy giant, said the cutoff was necessary for maintenance, although the German government and energy executives consider it […]

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Uniper Reports Huge Loss as Russia Cuts Gas Flows

Uniper, Germany’s largest importer of natural gas, reported on Wednesday a loss of more than 12 billion euros (or $12.2 billion) for the first half of the year as the company coped with dwindling supplies of natural gas provided by Russia. Uniper said the losses were a direct result of having to pay inflated prices […]

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Estonia Never Needed to Import Gas by Ship. Until It Did.

In Paldiski, Estonia, abandoned Soviet-era bunkers, splattered with graffiti and overgrown with weeds, are a reminder of the centuries-long domination that Russia once exerted over the Baltic region. Now this port city in the northwestern corner of the country is hastily being turned into a bulwark against Russian efforts to politically pressure Europe. Ever since […]

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Europe’s Race to Secure New Energy Sources Is on a Knife’s Edge

As Russia tightens its chokehold on supplies of natural gas, Europe is looking everywhere for energy to keep its economy running. Coal-fired power plants are being revived. Billions are being spent on terminals to bring in liquefied natural gas, much of it from shale fields in Texas. Officials and heads of state are flying to […]

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Germans Tip-Toe Up the Path to Energy Savings

AUGSBURG, Germany — Wolfgang Hübschle went into city government expecting a simple life, planning things like traditional festivals replete with lederhosen. Instead, these days he has the unpopular task of calculating which traffic lights to shut off, how to lower temperatures in offices and swimming pools — and perhaps, if it comes to it, pulling […]

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Russia Cuts Gas Flow to Europe, Intensifying Fears It Is Weaponizing Fuel

BERLIN — On the eve of a European Union emergency meeting on cutting natural gas consumption, Russia’s state-owned gas monopoly said Monday that it would slash gas deliveries to Germany, as President Vladimir V. Putin once again showed his unpredictability and his power to inflict pain on the bloc for backing Ukraine. E.U. energy ministers […]

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Russia Announces Deeper Cuts in Natural Gas Flows to Germany

BERLIN — Russia’s state-owned gas monopoly, Gazprom, said on Monday that it would further reduce the amount of natural gas it sends to Germany through the Nord Stream 1 pipeline, less than a week after it resumed limited flows after an annual maintenance shutdown. Flows had already been cut back to 40 percent of capacity, […]

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Germany Takes a Stake in Struggling Gas Provider Uniper

The German government agreed on Friday to take an approximately 30 percent stake in Uniper, one of the country’s largest suppliers of natural gas that was on the brink of financial ruin, to keep energy supplies flowing to hundreds of municipalities and fend off potential chaos in Europe’s energy market. The German government also expanded […]

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Russia Restarts Gas Shipments Through Pipeline, but Keeps Germany Guessing

Pipe systems of the Nord Stream 1 Baltic Sea pipeline in Lubmin, Germany.Credit…Jens Buettner/DPA, via Associated Press Russia’s decision to restart the flow of natural gas through a vital pipeline on Thursday brought a moment of relief to Germany, which uses the fuel to power its most important industries and heat half its homes. But […]

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Putin Signals Gas Pipeline Will Resume at Reduced Levels

President Vladimir V. Putin of Russia suggested late Tuesday that natural gas would resume flowing to Europe after the Nord Stream 1 pipeline’s maintenance shutdown, but warned that supplies may be severely curtailed. Speaking to reporters in Tehran after meeting with the leaders of Iran and Turkey, Mr. Putin said that shipments via Nord Stream […]

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