Putin changes ruble rules to keep Russian gas flowing to EU

Unexpected sanctions imposed by the U.S. on Gazprombank threaten Moscow’s contracts with Hungary and Slovakia.

Russia stops gas supplies to Austria via Ukraine

In a notice published on the central European gas hub platform, Austria’s OMV said Russia’s Gazprom told it supply would stop on Saturday (16 November).

Ukraine war briefing: Zelenskyy says war will โ€˜end soonerโ€™ once Trump enters White House

US president-elect says the war has โ€˜got to stopโ€™ as German chancellor urges Putin to start talks with Kyiv in rare phone call. What we know on day 997Volodymyr Zelenskyy has said Russiaโ€™s war against his country will โ€œend soonerโ€ than it otherwise wou…

Hungarian FM to join Russia, Syria and Belarus at security summit

NATO allyship be damned, Viktor Orbรกn’s top diplomat will join senior Russian official at eastern rival to Munich Security Conference.

Hungary and Gazprom in talks for extra Russian gas for Budapest in 2025

Hungarian foreign minister Pรฉter Szijjรกrtรณ also said that Budapest will veto European Union sanctions on Russia if the exemption for his country to purchase Russian oil is cancelled.

Austria election brings into focus Russian gas addiction

The government that takes power in Austria after next Sunday’s (29 September) general election will face growing pressure to diversify its energy supply away from dependence on Russian gas, just as the economy is stuck in reverse gear.

Gazprom-friendly Hungary blames EU for failing to end Russian gas dependence

Hungary’s energy security chief on Wednesday (18 September) slammed the European Union for not providing enough support to help smaller, landlocked countries move away from Russian natural gas.

Hungary FM teases more Gazprom contracts after huge blowup with EU ministers

Foreign Minister Szijjรกrtรณ sat down for three hours with the CEO of the Russian energy giant.

Closing the backdoor: The new TurkStream is here. Can the West stop it?

Martin Vladimirov is director of the Energy and Climate Program at the Center for the Study of Democracy. Announcing its plans for what could be called TurkStream 2 on Aug. 21, Turkey finally dropped all pretenses. According to the countryโ€™s energy minister, Alparslan Bayraktar, the state-owned gas monopoly BOTAลž would now be able export around [โ€ฆ]

European gas price hike boosts Russian fuel sales, outstriping total EU aid to Ukraine

The rise in gas prices in Europe that has been attributed to Ukraine’s recent invasion of Kursk is expected to add to Russian revenues from selling fossil fuels, further widening the gap between such revenues and the total amount of EU support to Kyiv.

Youโ€™ve had two years: EU eyerolls at Hungaryโ€™s request for help with Russian oil

After failing to reduce their reliance on Moscow for energy, Hungary and Slovakia now want help from Brussels.

Europe should stop hand-wringing about Trump โ€” and be more constructive

A little more reflection and a little less contempt might go a long way toward creating the kind of enduring transatlantic consensus we need.

Austriaโ€™s Gewessler launches task force to investigate Gazprom energy contract

The Austrian energy minister launched a task force of independent experts to examine the countryโ€™s long-term gas contract with Russiaโ€™s Gazprom, on Tuesday (9 July), including investigating the level of political involvement in the 2018 signing.

Bulgaria pays โ‚ฌ142 million to companies that jumped in after Gazprom cut-off

The Bulgarian government decided on Thursday to compensate natural gas traders who helped fill the state-owned Chiren gas storage facility withย  278 million leva (โ‚ฌ142 million) after the sudden cut-off of Russian gas supplies in late April 2022.

Owner of UK national lottery operator to sever ties with Gazprom

Allwyn parent company says deal to buy 3% stake in Czech gas facility will cut final link with Kremlin-controlled energy firmThe billionaire owner of Allwyn, the company that runs the national lottery, will sever his last remaining ties with Russiaโ€™s s…

Russia-Ukraine war live: Russia announces fresh sanctions against UK figures over โ€˜hostileโ€™ actions

โ€˜Establishment figuresโ€™, journalists and experts banned from entering country over what it terms โ€˜provocative anti-Russian rhetoricโ€™Hereโ€™s a bit of detail from the Financial Timesโ€™ report that the Power of Siberia-2 gas pipeline project has run into t…

German weapons-maker loses Champions League final

Borussia Dortmund’s sponsorship deal with mega arms merchant triggered debate before the big game, in a country where military matters can still be taboo.

The Kremlinโ€™s growing influence in Orbรกnโ€™s Hungary

The deepening ties between Russia and Hungary canโ€™t be allowed to go unchecked any longer.

Putin arrives in China to deepen strategic ties with Xi

Russian President Vladimir Putin arrived in Beijing early on Thursday (16 May) for talks with counterpart Xi Jinping that the Kremlin hopes will deepen a strategic partnership between the two most powerful geopolitical rivals of the United States.

Ukraine war briefing: Focus swings to Kharkiv as Russia mounts assaults

Villages come under heavy fire, prompting evacuations; Ukrainians hit more Russian-controlled oil refineries. What we know on day 808Russian forces launched an armoured ground attack on Friday near Ukraineโ€™s second city of Kharkiv in the north-east, Da…

Uniperโ€™s dormant Russian gas contracts may pose hurdle to listing

Reuters exclusively reported that legacy gas contracts with former main supplier Gazprom could become a key hurdle for utility Uniper [โ€ฆ]

The post Uniperโ€™s dormant Russian gas contracts may pose hurdle to listing appeared first on Reuters News Agency.

Ukraine war briefing: Ukrainians โ€˜have the right to strike inside Russiaโ€™, says David Cameron

Franceโ€™s Macron stands firm on potentially sending troops; sanctions on Russian gas leave Gazprom with record annual loss. What we know on day 800See all our Russia-Ukraine war coverage Continue reading…

Gazprom slumps to first annual loss in 22 years as trade with Europe hit

ยฃ5.5bn loss in 2023 comes after gas sales more than halved following Russiaโ€™s invasion of UkraineThe Kremlin-owned gas company Gazprom has plunged to its first annual loss in more than 20 years, after gas sales more than halved following Vladimir Putin…

Italy summons Russian envoy over Ariston subsidiary takeover

Italy on Saturday (27 April) summoned Russia’s ambassador after Moscow announced it was putting a subsidiary of Italian heating firm Ariston Thermo Group under the “temporary management” of state energy giant Gazprom.

Ukraine war briefing: Russian airstrikes pound central and western Ukrainian power facilities

Volodymyr Zelenskiy repeats pleas for more defensive missiles after fourth large-scale aerial assault on energy system in five weeks. What we know on day 795See all our Russia-Ukraine war coverageRussian missiles have hammered power facilities in centr…

Hungaryโ€™s new gas deal fuels Russia fears

Increasing exports to the EU are a lifeline for Turkey, but analysts fear it could be the Kremlin cashing in.

Can Zelenskyy win over Trump?

If all else fails, Ukrainians hope their president can use his powers of persuasion to ensure continued U.S. support.

โ€˜We donโ€™t need Russian gasโ€™: Will Austria finally ditch Gazprom?

When Austria was forced to admit in mid-February that Russian gas made up 98% of its recent gas supplyย  โ€“ two years after the Kremlin attacked Ukraine โ€“ it triggered a political pile-on. Will Austria be able to rid itself of its dependence?

Germany tallies risks as it weighs Rosneft refinery seizure

Berlin faces the prospect of supply cuts and a huge payout to the Kremlin if it moves to expropriate Rosneftโ€™s assets.

Austria looks at early exit from Russian gas deal as reliance on Moscow deepens

Vienna’s latest proposal to remedy 98 percent reliance on Russian gas faces a steep uphill battle.

Owner of UK national lottery operator still in business with Gazprom

Czech tycoon promised Gambling Commission two years ago his firm would sever Russia ties before taking over the lucrative contractThe Czech billionaire whose company takes over running the UK national lottery from Thursday is still in business with the…

Ukraine seethes at Gazprom tennis tournament starring top pros

Star Ukrainian player tells POLITICO that St. Petersburg competition is ‘shameful.’

Hungary should stop relying on โ€˜war criminalโ€™ Putin for gas, EU energy chief warns

‘Even Hungary knows that by continuing this activity, they grant Russia the right to manipulate their market,’ Energy Commissioner Kadri Simson said at a POLITICO event.

Bulgariaโ€™s Russian gas games rile Europe

Critics accuse Bulgaria of punishing Russia to curry favor with Brussels, while quietly helping Moscow regain its grip on Europe’s energy supplies.

Hungary to ramp up Russian gas imports for winter, says Gazprom

The announcement comes just days after Hungarian Prime Minister Orban held talks with Russian President Putin.

Moldova will uphold deal with Gazprom to prevent crises, minister says

Moldova will uphold its gas supply contract with Russia’s Gazprom in order to ward off crises over power prices in the country and hardship in its breakaway Transnistria region, Energy Minister Victor Parlicov said on Thursday (21 September).

Former Kremlin lobbyist picked as UK Conservative candidate

Former GPlus boss hopes to be MP for Harpenden and Berkhamstead.

Vienna seeks to calm Selmayr โ€˜blood moneyโ€™ furor

EU envoy faces European Commission rebuke for confronting Austria with difficult truths.