The Business Times

Russian gas

International

EU could quit Russian gas within a year, US energy chief says

Trump has put an additional 25% tariffs on goods coming into the US from India in response to the country’s buying of Russian oil.
Energy & Commodities

Russian gas sales to China would not harm US, energy secretary says

A view of the Lakhta Centre, the headquarters of energy giant Gazprom, in St Petersburg, Russia. The company will lose close to US$5 billion in gas sales after the transit deal with Ukraine was cut.
International

Russian gas era in Europe ends as Ukraine stops transit

The US has become Europe’s top supplier of the liquefied fuel, in part due to new facilities built to offload LNG.
International

Europe can’t seem to kick its Russian energy habit

epa09980733 People walk in front of a banner with the Gazprom logo at the Dvortsovaya Square in St. Petersburg, Russia, 27 May 2022. EPA-EFE/ANATOLY MALTSEV
Energy & Commodities

Russia says rejecting its gas will have cost Europe 1 trillion euros by end-2024

Contrary to analysts’ expectations, the Russian economy has not collapsed as a result of Western sanctions. One reason is that demand for Russian exports – particularly oil and gas – remains strong.
Opinion & Features

Sanctioning China will work no better than sanctioning Russia

Workers of electricity transmission operator TransnetBW assemble a 380-KV power line on a high-voltage power pole near Pforzheim, southern Germany, on August 3, 2023. TransnetBW operates the electricity transmission grid in Federal state Baden-Wuerttemberg and expands it with a new 12 kilometers long high-voltage line near this city. (Photo by THOMAS KIENZLE / AFP)
International

Germany reaches deal on electricity price support for industry

Russia’s gas industry, and in particular state-controlled Gazprom, has traditionally been a cash cow for the nation’s budget.
International

Russia considers extra gas tax to finance subsidies for oil refiners

The Kremlin is keen for fresh export deals to shore up Gazprom’s international presence, which suffered after Putin failed to cow Ukraine’s allies in Europe with threats of freezing homes.
International

The fall of Russia’s gas giant dulls a key tool of Putin’s power

With European economies strained by higher interest rates, there are fears that some gas demand might never come back.
International

Europe’s weak gas demand signals industrial malaise taking hold

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