NRG

France plans full nationalisation of power utility EDF

by

PARIS, July 6 (Reuters) – France will fully nationalise EDF (EDF.PA), Prime Minister Elisabeth Borne said on Wednesday, in a move that would give the government more control over a restructuring of the debt-laden group while contending with a European energy crisis. EDF, in which the state already owns 84%, is one of Europe’s biggest … Read more

Exclusive: EU nears compromise deal to defuse standoff with Russia over Kaliningrad

by

Kaliningrad depends on rail and road through Lithuania Clampdown on sanctioned freight angers Moscow EU seeks compromise with Lithuania to resume normal trade VILNIUS/BRUSSELS, June 29 (Reuters) – Trade through Lithuania to the Russian exclave of Kaliningrad could return to normal within days, two sources familiar with the matter said, as European officials edge towards … Read more

Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

by

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke//File Photo Register now for FREE unlimited access to Reuters.com Register West, Russia in energy standoff since Ukraine invasion German minister warns of ‘rocky road’ ahead Minister does not rule out gas rationing Says … Read more

Biden defends meeting with Saudi prince, says talks part of broader meeting

by

WASHINGTON, June 17 (Reuters) – US President Joe Biden said on Friday he was not traveling to Saudi Arabia’s explicitly to meet de facto leader Mohammed bin Salman during a trip next month and said he was seeing the Saudi crown prince as part of a broader “international meeting.” Biden’s plans to see the crown … Read more

U.S. gasoline average price tops $5 per gallon in historic first

by

June 11 (Reuters) – The price of US gasoline averaged more than $5 a gallon for the first time on Saturday, data from the AAA showed, extending a surge in fuel costs that is driving rising inflation. The national average price for regular unleaded gas rose to $5,004 a gallon on June 11 from $4,986 … Read more

Biden waives solar panel tariffs for four countries, invokes defense law

by

WASHINGTON, June 6 (Reuters) – President Joe Biden waived tariffs on solar panels from four Southeast Asian nations for two years and invoked the Defense Production Act to spur solar panel manufacturing at home, the White House said on Monday, confirming a Reuters report. The tariff exemption applies to panels from Cambodia, Malaysia, Thailand and … Read more

OPEC+ brings forward oil output rises as Biden’s Saudi visit looms

by

The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen at OPEC’s headquarters in Vienna, Austria June 19, 2018. REUTERS/Leonhard Foeger/File Photo Register now for FREE unlimited access to Reuters.com Register OPEC brings forward oil output rises to July-Aug from July-Sept Faster output rises may compensate for lower Russian production US diplomats … Read more

Ukraine rejects concessions as Russians attack in east and south

by

Ukraine rules out ceasefire, concessions Russia launches assault in Luhansk, Mykolaiv Ukraine must decide own future, Polish president says KYIV, May 22 (Reuters) – Ukraine ruled out a ceasefire or any territorial concessions to Moscow as Russia stepped up its attack in the eastern and southern parts of the country, pounding the Donbas and Mykolaiv … Read more

Ukraine rules out ceasefire as fighting intensifies in Donbas

by

Ukraine rules out ceasefire, concessions Russia launches assault in Luhansk Russia stops Finland gas flows over payment dispute Polish president in Ukraine to address parliament Sunday May 22 (Reuters) – Ukraine ruled out a ceasefire or concessions to Moscow while Russia intensified an offensive in the eastern Donbas region and stopped providing gas to Finland, … Read more

Ukraine forces thwart Russian armoured column crossing river

by

Ukraine says it set Russian supply ship in Black Sea on fire Relatives of Mariupol fighters plead for rescue Finland wants security after Russian invasion of Ukraine Sweden expected to follow in bid to join NATO KHARKIV, Ukraine, May 13 (Reuters) – Ukrainian forces destroyed a pontoon bridge and parts of Russian armored column as … Read more