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

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 demands oil companies explain lack of gasoline as prices rise

Gas prices over the $6.00 mark are advertised at a 76 Station in Santa Monica, California, US, May 26, 2022. REUTERS/Lucy Nicholson Register now for FREE unlimited access to Reuters.com Register WASHINGTON, June 15 (Reuters) – US President Joe Biden on Wednesday demanded oil companies explain why they aren’t putting more gasoline on the market, … Read more

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

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

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

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 rules out ceasefire as fighting intensifies in Donbas

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

Russia halts gas exports to Finland, says Mariupol steelworks siege has ended

Weeks-long siege ends at Azovstal, Russia says Russia intensifies offensive in Donbas Russia stops Finland gas flows over payment dispute KYIV/OSLO, May 21 (Reuters) – Russia claimed victory in a months-long battle for Mariupol’s Azovstal steel plant, taking it a step closer to its goal of controlling Ukraine’s Donbas region, and halted gas exports to … Read more

UAE strongman Sheikh Mohammed bin Zayed named new president

MbZ becomes president at a time of tension with US I have led a Middle East realignment, forging ties with Israel UAE has also deepened ties with Russia and China Economic development a priority driving foreign policy DUBAI, May 14 (Reuters) – The United Arab Emirates’ de facto leader Sheikh Mohammed bin Zayed al-Nahyan was … Read more

EU tweaks Russia oil sanctions plan in bid to win over reluctant states – sources

Models of oil barrels are seen in front of the displayed sign “stop”, EU and Russia flag colors in this illustration taken March 8, 2022. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register EU offers Hungary, Slovakia, Czech Rep more time to adapt Oil shipping ban postponed in bid to persuade Greece … Read more

Russia investigates large oil depot fire in region near Ukraine

April 25 (Reuters) – Russia said on Monday it would investigate the cause of a large fire that erupted in the early hours of the morning at an oil storage facility in the city of Bryansk 154 km (96 miles) northeast of the border with Ukraine . Unverified social media footage showed what sounded like … Read more

Europe signals unity against Russian gas payment demands

LONDON, April 1 (Reuters) – Europe vowed to stay united against Russia’s demand that they pay for its gas in roubles, as the threat of an imminent supply halt eased on Friday. European capitals have been bracing for a disruption to gas imports as Russian President Vladimir Putin seeks retaliation over Western sanctions for the … Read more