EU signals turn to coal, accuses Russia of ‘rogue steps’ on gas

Pipes are photographed at the land landing facilities of the “Nord Stream 1” gas pipeline in Lubmen, Germany, March 8, 2022. REUTERS/Hannibal Hanschke Register now to get free unlimited access to Reuters.com Register BRUSSELS/OSLO, June 22 (Reuters) – The European Union will temporarily turn to coal to deal with dwindling Russian gas flows without derailing … Read more

Germany faces recession risk as Russia gas crisis deepens

A photo of pipes is taken at the landing facilities of the “Nord Stream 1” gas pipeline in Lubmen, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/File Photo Register now to get free unlimited access to Reuters.com Register More Europeans activate the first phase of gas crisis plans Rising gas prices add to policy makers’ inflation headaches … Read more

China’s oil imports from Russia may rise to a record high, overtaking Saudi Arabia’s largest oil supplier

Oil and gas tanks at an oil depot in the port of Zhuhai, China, October 22, 2018. (Reuters) / Ali Song Register now to get free unlimited access to Reuters.com Register Russia overtakes Saudi Arabia as the largest supplier after a gap of 19 months Russia imports nearly two million barrels per day in May … Read more

Global LNG markets are sailing into the unknown before winter arrives

DAEGU, South Korea, May 26 (Reuters) – Global buyers and sellers of liquefied natural gas are bracing for more uncertainty over Russian supplies and an unclear demand outlook from Europe and top importer China in the run-up to the peak winter season. Industry executives said. Western sanctions on Russia over Ukraine’s invasion have disrupted Russian … Read more