Europe energy crisis a ‘big wake up call’ -TotalEnergies CEO
By Ron Bousso HOUSTON -Russia’s invasion of Ukraine is a “big wake up call” for European governments hoping to balance the need for fossil fuels with environmental concerns, the head…
By Ron Bousso HOUSTON -Russia’s invasion of Ukraine is a “big wake up call” for European governments hoping to balance the need for fossil fuels with environmental concerns, the head…
By Alexander Cornwell RIYADH – Russia’s invasion of Ukraine has catapulted defence spending up the political agenda in Europe and could herald a new era of purchases led by Germany,…
LONDON – Despite the cascade of Western sanctions on Russia in response to its invasion of Ukraine, one thing hasn’t been affected so far – flows of Russian gas to…
LONDON – Russia’s escalating war in Ukraine has sent commodity and energy prices soaring, boosted safe havens and hammered Europe’s common currency and its stock markets. Below are six charts…
MOSCOW – The operator of the operational Nord Stream 1 undersea gas pipeline from Russia to Germany said on Friday that transportation of natural gas to Europe was continuing normally.…
MILAN – French luxury group Chanel has again increased prices on some of its products, after three price hikes in 2021, meaning some of its signature handbags now cost up…
By Nora Buli, Jonathan Saul and Marwa Rashad OSLO/LONDON – Supplies of Russian liquefied natural gas (LNG) to Europe have been disrupted by uncertainty over whether ships can discharge cargoes…
By Huw Jones LONDON -Europe’s financial market on Monday began severing Russia’s ties to its critical plumbing for trading, clearing and settling securities as sanctions on Moscow started to bite.…
WASHINGTON – The United States, Britain, Europe and Canada on Saturday moved to block Russia’s access to the SWIFT international payment system as part of another round of sanctions against…
LONDON – Russia launched a full-scale invasion of Ukraine this week, sparking a slew of sanctions and turmoil in global financial markets. Below are six charts showing the week’s dramatic…
By Ted Hesson and Kristina Cooke WASHINGTON – The United States is playing a secondary role to European nations as thousands of refugees flee Ukraine, providing emergency aid but signaling…
MOSCOW – Eastbound gas supplies from Germany to Poland via the Yamal – Europe pipeline stopped on Friday, while preliminary bids have emerged for gas flows to the west, data…
PARIS – European sanctions against Russia over the war in Ukraine will lead to cost increases, German Finance Minister Christian Lindner said, but the bloc will be able to protect…
By Alan Charlish and Luiza Ilie MEDYKA, Poland/BUCHAREST -Thousands of Ukrainians fleeing war with Russia started arriving in neighbouring central European countries on Thursday and the region braced for many…
A top Russian government official warned that energy costs would skyrocket in Europe after Germany halted certification of the Nord Stream 2 pipeline Tuesday. “German Chancellor Olaf Scholz has issued…
– Fidelity International has launched its first investment product that tracks bitcoin in Europe, as the British investment manager taps into rising demand for exposure to digital currencies. The Fidelity…
– Europe’s gas market remains volatile amid tensions between Moscow and the West over Ukraine, a key route for Russian gas, as Gazprom, source for 40% of Europe’s needs, sends…
By Julia Payne LONDON – Exxon Mobil is injecting new cash into oil trading in Europe after a retreat on its ambitious expansion plans last year, three people with knowledge…
By Jan Lopatka and Robert Muller PRAGUE – Liquefied natural gas (LNG) shipments to Europe late last year showed Russia could not use gas as great leverage over Europe, and…
By Nick Carey LONDON – Governments and utilities need ambitious plans to cut red tape to install vehicle chargers if Europe is to be ready for 130 million electric vehicles…
By Marwa Rashad LONDON – The threat of disruptions to Europe’s gas supply from Russia, in the event the West imposes sanctions if Russia invades Ukraine, has prompted a debate…
The World Health Organization’s (WHO) director for Europe predicted the continent would see a “long period of tranquillity” after a tumultuous two years facing the COVID-19 pandemic, BBC News reported.…
By Phil Stewart and Dmitry Antonov WASHINGTON/MOSCOW – The United States will send nearly 3,000 extra troops to Poland and Romania to shield Eastern Europe from a potential spillover from…
The European Union released a proposal that would define liquified natural gas (LNG) and nuclear energy as “green” energy, opening both up for greater investment across the region. Both natural…
The flow of natural gas through a key Russian-controlled pipeline suddenly stopped Wednesday as tensions continue to increase between Russia and the West. The Yamal-Europe pipeline’s liquified natural gas (LNG)…