Saudi Arabia’s Kingdom Holding Invests in Russian Energy Companies

Aug 14 (Reuters) – Saudi Arabia’s Kingdom Holding (4280.SE) invested between February 22 and March 22 in Russian energy groups Gazprom (GAZP.MM), Rosneft (ROSN.MM) and Lukoil (LKOH.MM), on Twitter on Sunday. Many Western countries have imposed sanctions on Russian energy companies and their executives following the Russian invasion of Ukraine on February 24. Kingdom Holding’s … Read more

Five Chinese state-owned companies are delisting from NYSE

SHANGHAI/HONG KONG, Aug. 12 (Reuters) – Five Chinese state-owned companies, including China Life Insurance (601628.SS) and oil giant Sinopec (600028.SS) said Friday they would delist the New York stock exchange amid heightened diplomatic and economic tensions with the United States. The companies, which also include Aluminum Corporation of China (Chalco) (601600.SS), PetroChina (601857.SS) and Sinopec … Read more

Ukraine halted oil flows to Europe over payment difficulties, Russia’s Transneft . says

The receiving station of the Druzhba oil pipeline between Hungary and Russia is seen at the Danube Refinery of the Hungarian MOL Group in Szazhalombatta, Hungary, May 18, 2022. REUTERS/Bernadett Szabo/File Photo Register now for FREE unlimited access to Reuters.com Register Ukraine Pipeline Operator Was Paid, But Money Back – Transneft Shipments stopped since 4 … Read more

Russia Bans Western Investors From Selling Banking And Key Energy Holdings

Russian President Vladimir Putin chairs a meeting on the development of the country’s metallurgical sector, via video link in the Kremlin in Moscow, Russia, Aug. 1, 2022. Sputnik/Pavel Byrkin/Kremlin via REUTERS Register now for FREE unlimited access to Reuters.com Register This content was produced in Russia, where the law limits coverage of Russian military operations … Read more

Russia says it can’t do much to help repair Nord Stream gas pipeline

Pipes at the landfall facilities of the Nord Stream 1 gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke Register now for FREE unlimited access to Reuters.com Register This content was produced in Russia, where the law limits coverage of Russian military operations in Ukraine MOSCOW, Aug. 1 (Reuters) – Russia can … Read more

Russia further cuts gas flows as Europe pushes for energy savings

FRANKFURT/LONDON, July 27 (Reuters) – Russia delivered less gas to Europe on Wednesday in a further escalation of an energy dispute between Moscow and the European Union, making it more difficult and expensive for the bloc to fill storage ahead of the winter heating season . The supply cut, signaled by Gazprom (GAZP.MM) earlier this … Read more

Russian gas cut to Europe hits economic hopes after grain deal with Ukraine

Gazprom says shutdown of turbines will further reduce gas to Germany United Nations hopes for grain exports within days US explores overland routes after Russian attack KYIV, July 26 (Reuters) – Russia said it will cut gas supplies to Europe from Wednesday as a blow to countries that have supported Ukraine, just as there were … Read more

Russia’s Gazprom tightens pressure on gas flow to Europe

This content was produced in Russia, where the law limits coverage of Russian military operations in Ukraine. MOSCOW, July 25 (Reuters) – Russia tightened its gas pressure on Europe on Monday as Gazprom (GAZP.MM) said supplies via the Nord Stream 1 pipeline to Germany would drop to just 20% of capacity. Gazprom said power would … Read more

Gazprom gas cut dampens economic hopes after Ukraine grain deal

Gazprom says shutdown of turbines will further reduce gas to Germany Ukraine hopes to ship grain this week Moscow dismisses concerns that deal could derail KYIV, July 25 (Reuters) – Russia dealt another blow to European countries on Monday over its support of Ukraine, saying it would further cut gas supplies through its largest gas … Read more

EU tells members to cut gas consumption amid new Putin warning

Nord Stream 1 pipe out of service for maintenance Pipeline resumes Thursday EU says states must act now to reduce gas consumption Germany, others have rationing and other plans BRUSSELS/LONDON, July 20 (Reuters) – The European Union on Wednesday told member states to cut gas consumption by 15% until March as part of a contingency … Read more