Oil settles below $90 as recession fears grow

An oil pump jack pumps oil in a field near Calgary, Alberta, Canada, July 21, 2014. REUTERS/Todd Korol/File Photo Join now for FREE unlimited access to Reuters.com Register Sep 7 (Reuters) – Oil prices slumped on Wednesday, falling below levels seen before Russia invaded Ukraine as downbeat Chinese trade data fueled investor worries about recession … Read more

Power cut after explosions near Ukrainian nuclear power plant, IAEA report expected

Russia and Ukraine accuse each other of bombing a factory The nuclear power plant has been worrying for weeks The UN watchdog will issue a report on this later on Tuesday. Ukraine says Russia is bombing Kharkiv and the city of Zelenskiy KYIV, September 6 (Reuters) – Explosions erupted and power was cut off on … Read more

UK weighs in on huge package of support as Europe battles energy crisis

Manuela Schwesig, Premier of the State of Mecklenburg-Western Pomerania, and Markus Soeder, Premier of the State of Bavaria, visit a pipeline transfer station of the Baltic Sea Pipeline Link near Lubmin, Germany , August 30, 2022. REUTERS / Lisi Niesner Join now for FREE unlimited access to Reuters.com Register UK to freeze energy bills for … Read more

EXCLUSIVE Gazprom says Nord Stream 1 takeover depends on Siemens Energy

Join now for FREE unlimited access to Reuters.com Register Gazprom says the ball is in Siemens Energy’s court Siemens Energy: we don’t understand Gazprom Siemens Energy: not mandated to do maintenance Germany discusses energy rationing Russia: We will send our oil to Asia VLADIVOSTOK, Russia, September 6 (Reuters) – Russia’s biggest gas pipeline to Europe … Read more

New bombings spark nuclear fears as Kyiv and Moscow await UN report

Zaporizhzhia power plant cut off from grid but operating safely – IAEA Zelenskiy warns of near nuclear ‘catastrophe’ day before report Kyiv cites battlefield gains, including city of Kherson province European markets hit hard by closure of Russian gas pipeline KYIV, Sept 5 (Reuters) – Power to a critical nuclear power plant in Ukraine was … Read more

EU rushes to protect industry as Russia gas shutdown shakes markets

Gas prices in Europe up around 400% compared to a year ago EU states rush to support struggling power companies Disruptions hamper EU efforts to fill storage EU denounces Moscow’s weaponized gas, Russia blames sanctions LONDON/OSLO, Sept 5 (Reuters) – Gas prices in Europe jumped, stocks tumbled and the euro tumbled on Monday after Russia … Read more

Ukraine pushes across front, says Zelenskiy, as Russia shuts down gas

Zelenskiy says commitment all over the front Russia says its forces are routing the Ukrainians IAEA team leaves Kyiv for nuclear power plant Russian gas flow drops to zero in pipe to Germany MYKOLAIV, Ukraine/KYIV, Aug 31 (Reuters) – Ukrainian troops attacked Russian positions across the front, Ukrainian President Volodymyr Zelenskiy said, as Russia cut … Read more

Russia’s new gas suspension tightens energy screws on Europe

Pipes from the landing facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany March 8, 2022. REUTERS/Hannibal Hanschke Join now for FREE unlimited access to Reuters.com Register FRANKFURT/LONDON, Aug 31 (Reuters) – Russia cut off gas supplies via a major pipeline to Europe on Wednesday, intensifying the economic battle between Moscow … Read more

The Nord Stream 1 pipeline will be closed for three days in the latest fuel blow in Europe

Pipeline shutdown from August 31 to September 31. 2 for maintenance The disclosure comes as gas flows have fallen to 20% This decision increases the energy impasse of Europe and Moscow FRANKFURT/BERLIN, Aug 19 (Reuters) – Russia will cut off natural gas supplies to Europe for three days at the end of the month through … Read more

Five Chinese state-owned companies under US scrutiny will pull out of the New York Stock Exchange

SHANGHAI/HONG KONG/NEW YORK, Aug 12 (Reuters) – Five U.S.-listed Chinese state-owned companies whose audits are being scrutinized by the U.S. securities regulator said on Friday they would voluntarily withdraw from the New York stock exchange. The oil giant Sinopec (600028.SS) and China Life Insurance (601628.SS)Aluminum Corporation of China (Chalco) (601600.SS)PetroChina (601857.SS) and a separate entity … Read more