Blackout in Ukraine as Russia Strikes Ukrainian Energy Grid
Satellite images captured on November 24 show vast tracts of Ukraine in almost complete darkness. The satellite imagery shows the impact of recent Russian missile strikes against the the beleaguered nation’s energy grid. On Wednesday, Russia launched a wave of...
Energy Crisis Looms as Russia Halts Gas Supply to Europe
Russia's state-owned energy firm Gazprom halted gas supplies via the Nord Stream 1 pipeline to Western Europe on Wednesday for three days, the company said. The energy giant said that due to maintenance on Nord Stream 1, there would be...
Russia Cuts Off Gas Supplies to Poland and Bulgaria
Russia's energy giant Gazprom completely severed gas supplies to both Bulgaria and Poland on Wednesday after its April payments were received in roubles. The announcement comes after Russian President Vladimir Putin demanded that countries deemed "unfriendly" to Russia must start...
Especially Cold Winter Predicted as Fuel Crunch Intensifies
Energy traders -- and all the consumers who are looking at their wallets as the energy crunch intensifies in Europe -- are apprehensive about the oncoming winter months; unfortunately, an especially cold winter is predicted this year by meteorologists. Disturbances...
As Prices Rise, Russia’s Gazprom Cuts Gas Supplies to EU by 70%
The Russian firm Gazprom, which is majority owned by the Russian state, is continuing to reduce gas supplies to Europe via Belarus, potentially aggravating tense market conditions. The price of gas has all but doubled in the last few...
Interconnector Gas Pipeline Between Greece, Bulgaria Delayed
The Interconnector, or IGB, the proposed gas pipeline between Bulgaria and Greece, has been delayed until June of 2022.
Greece Could Benefit From Putin-Erdogan Gas Pipeline Deal
Russia and Turkey have concluded a deal to resume construction of the Turkish Stream natural gas pipeline, according to TASS news agency. Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan signed the deal in Istanbul on Monday. In...
Athens Proposes Russia's Gazprom to Invest Up to €800Mln in Greece's Coal Industry
According to sputniknews.com, Athens has put a proposal on the table for Russia's Gazprom to consider making a considerable investment of 800 million euros in Greece's coal industry. On Tuesday, reports from the Russian newspaper, Kommersant say that the Vevi...
Russia’s Gazprom Expresses Interest in Additional Energy Projects in Greece
While speaking at the Russian-Greek business forum in Thessaloniki Saturday, Russian's Energy Minister Alexander Novak stated that Russia's Gazprom is negotiating projects that may begin in Greece via affiliated companies, including coal mining. Gazprom's presence is already felt in Greece...
Greece Freezes Poseidon Pipeline Talks After Turkey-Russia Spat
Athens is not planning to advance talks with Russia on the Poseidon pipeline, during the upcoming visit of Russian President Vladimir Putin to Greece, a EurActiv report says. On May 17, Greece launched construction on a 550-kilometer section of the...