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Energy Economy
Germany Takes Over Uniper, Raising Rescue Bill to $29 Bln
Germany confirms nationalisation of gas importer Uniper.
Oil & Gas
Hungary Warns Against Further EU Sanctions on Russia
Hungary’s Foreign Minister Peter Szijjarto is warning that further EU sanctions on Russia would only hurt the bloc’s members.
Oil & Gas
Germany’s Natural Gas Storage Will Last for Two and a Half Months
Gas storage sites in Germany, now nearly 90% full, will be empty after the winter, German Economy Minister Robert Habeck said on Monday.
Energy Economy
Uniper Weighs Nationalisation Amid Energy Market Turmoil
German gas importer Uniper is flirting with nationalisation as the company suffers the longstanding financial consequences of the war in Ukraine.
Oil & Gas
Germany Edges Closer to Nationalisation of Ailing Gas Importer Uniper
Uniper, government weighing bailout options
Policy & Regulation
EU to Propose Crisis Measures to Curb Energy Price Spike
The European Union is set to unveil plans on Wednesday to skim off windfall profits from energy companies and impose cuts in electricity usage across the bloc.
Oil & Gas
Czech Government Approves Electricity, Gas Price Cap
The Czech government agreed on Monday to cap electricity and gas prices next year to shield households from soaring prices on markets, Prime Minister Petr Fiala
Oil & Gas
Oil Prices Climb on Tight Supply Worries
Oil prices rose by as much as $1 per barrel on Thursday after dropping below key technical support levels in the previous session, as an energy standoff between
Energy Economy
Germany to Subsidise Basic Level of Power for Homes, Businesses - Ministry Paper
Germany plans to subsidise a basic level of electricity usage for households and set aside cheaper power for small and medium-sized businesses, according to mea
Oil & Gas
Norwegian Energy Giant Equinor Completes Russia Exit
It has exited from four joint ventures with state-owned Rosneft as well as the Kharyaga oilfield project
Oil & Gas
Siemens Energy: Don’t Understand Gazprom View on Nord Stream 1
Siemens Energy said on Tuesday it does not comprehend Gazprom's presentation of the situation with the Nord Stream 1 pipeline
Energy Economy
Enel CEO Awaits Word on Sale of Russian Unit to Lukoil
Italian utility Enel has no indication on when it can close the sale of its Russian unit, CEO Francesco Starace said on Saturday, adding prospective buyer Lukoi
Oil & Gas
Norway Eyes High Gas Output Until 2030, Says Energy Minister
Norway plans to maintain its current high gas production level until the end of the decade as Europe plans to ditch Russian imports, its energy minister said on
Wind Power
Saudi Arabia Is Planning to Build the World’s Largest Wind Farm in Uzbekistan
Saudi Arabia has promised as much as $14 billion in investments in Uzbekistan, with $12 billion earmarked to address ongoing energy shortages.
Oil & Gas
Russia to Close Nord Stream 1 Taps for Three Days
Gazprom has said the gas supply will be ceased due to a “three-day servicing” in a “preventive maintenance period”
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