
Big Oil doubles profits in blockbuster 2022
By Ron BoussoLONDON (Reuters) - Big Oil more than doubled its profits in 2022 to $219 billion, smashing previous records in a year of volatile energy prices where Russia's invasion of...
By Ron BoussoLONDON (Reuters) - Big Oil more than doubled its profits in 2022 to $219 billion, smashing previous records in a year of volatile energy prices where Russia's invasion of...
GAIL (India) Ltd GAIL.NS, the country’s largest gas distributor, reported an almost 93% slump in quarterly profit on Monday, hit by lower gas sales due to supply disruptions. The state-owned...
Russia has increased the export capacity of its pipeline to China to over 60 million cubic meters daily, China Media Group has reported, with total flows this year seen at over 22 billion...
By Vladimir SoldatkinMOSCOW (Reuters) - Russian gas exports to Europe via pipelines plummeted to a post-Soviet low in 2022 as its largest customer cut imports due to the conflict in Ukraine...
By Liz Moyer, Peter Nurse, Scott Kanowsky and Yasin Ebrahim Investing.com -- The year is heading to a close on a sour note with the hoped-for Santa rally failing to materialize. Worries...
MOSCOW (Reuters) - Russian gas chemical gas projects, led by energy giant Gazprom (MCX:GAZP) and privately held Sibur, are facing delays over decreased foreign involvement, a December...
By Vladimir Soldatkin and Olesya Astakhova MOSCOW (Reuters) -President Vladimir Putin's plan to make Turkey a hub for Russian gas in theory could allow Moscow to mask its exports with fuel...
By Geoffrey Smith Investing.com -- European gas prices rose again on Tuesday after Russian gas monopoly Gazprom (MCX:GAZP) said it will cut transit supplies through Ukraine from next...
HELSINKI (Reuters) - Finnish energy provider Gasum said on Wednesday an arbitral tribunal had ruled it was not obligated to pay Russian gas supplier Gazprom (MCX:GAZP) in roubles. Gasum in...
By Geoffrey Smith Investing.com -- German stocks are back in a bull market. The benchmark DAX index rose nearly 1% on Monday after the European Commission gave Berlin permission to...
By Jonathan Saul and Carolyn Cohn LONDON (Reuters) - With the mystery of the blasts that destroyed undersea gas pipelines between Russia and Germany unsolved, Nord Stream 1's insurers and...
By Jonathan Saul and Carolyn Cohn LONDON (Reuters) - With the mystery of the blasts that destroyed undersea gas pipelines between Russia and Germany unsolved, Nord Stream 1's insurers and...
MOSCOW (Reuters) - Gazprom (MCX:GAZP) CEO Alexei Miller on Sunday said plans to cap the price of Russian gas exports would cause supplies to be halted, echoing a similar threat from...
By Scott Kanowsky Investing.com -- European stock markets fell in early dealmaking on Wednesday, as a positive handover from Wall Street and Asia lost some steam. By 03:15 ET (07:15 GMT),...
By Geoffrey Smith Investing.com -- Russian gas monopoly Gazprom (MCX:GAZP) said it will renew supplies of natural gas to Italy, after finding a resolution to a dispute over transit flows...
By Peter Nurse Investing.com - European stock markets traded sharply lower Monday, weighed by renewed regional energy concerns, political turmoil in the U.K., and worries about the health...
By Peter Nurse Investing.com - The U.S. dollar edged higher in early European trading Monday, while sterling also gained after the U.K. government agreed to water down its plans for unfunded...
By Peter Nurse Investing.com - European stock markets are expected to open in a mixed fashion Monday, as investors digest renewed regional energy concerns, political turmoil in the U.K.,...
By Federico Maccioni and Francesca Landini MILAN (Reuters) -Italy's Eni said it would not receive any of the gas it had ordered from Russia's Gazprom (MCX:GAZP) for delivery this weekend,...
By Francesca Landini and Christoph Steitz MILAN/FRANKFURT (Reuters) - In the weeks after Russia's invasion of Ukraine on Feb. 24, Claudio Descalzi, CEO of Italian energy major Eni, embarked...
By Nina Chestney LONDON (Reuters) -If Moscow carries out a threat to sanction Ukrainian energy firm Naftogaz, one of the last functioning Russian gas supply routes to Europe could be shut,...
By Peter Nurse Investing.com - European stock markets traded sharply lower Wednesday, pressured by renewed energy concerns as well as a deteriorating growth outlook. By 03:35 ET (07:35 GMT),...
By Peter Nurse Investing.com - The safe-haven U.S. dollar soared to a new 20-year high in early European trading Wednesday, as more hawkish Fed speak and rising Treasury yields spurred fresh...
By Peter Nurse Investing.com - European stock markets are expected to open sharply lower Wednesday, continuing the global move lower pressured by renewed energy concerns as well as the...
By Geoffrey Smith Investing.com -- Russian gas monopoly Gazprom (MCX:GAZP) took an important step toward cutting off almost all of its remaining supplies to the EU on Tuesday, as the...
(Bloomberg) -- Russia heaped pressure on Kyiv’s allies in Europe with a threat to cut off its last pipeline still supplying gas to them as the Kremlin moved to annex a large chunk of...
By Geoffrey Smith Investing.com -- The German government has agreed to nationalize struggling utility Uniper (ETR:UN01), in an effort to guarantee the security of supplies of natural gas...
By Geoffrey Smith Investing.com -- FedEx's drastic cost-cutting measures and weak revenue update put stocks on course for their lowest weekly close in two months as fears for the global...
By Geoffrey Smith Investing.com -- European natural gas futures rose on Wednesday as the EU dropped a plan to impose a cap on the price of gas imports from Russia after pushback from its 27...
MOSCOW (Reuters) - President Vladimir Putin's threat to completely cut off energy supplies to the West in a deepening confrontation over Ukraine could prove to be a double-edged sword for...
By Peter Nurse Investing.com - European stock markets slumped Wednesday, as investors continue to fret about the region heading into recession as inflationary pressures remain. By 03:50 ET...
By Vladimir Soldatkin VLADIVOSTOK, Russia (Reuters) -Russia's biggest natural gas pipeline to Europe will not resume pumping until Siemens Energy repairs faulty equipment, Gazprom’s Deputy...
MOSCOW (Reuters) - Russian gas giant Gazprom (MCX:GAZP) said on Monday it had received a formal warning from Russian regulators that the idled Portovaya compressor station, which is supposed...
By Geoffrey Smith Investing.com -- European natural gas futures leaped at the opening on Monday, after Russian gas monopoly Gazprom (MCX:GAZP) shut down the Nord Stream pipeline to Germany,...
(Reuters) -Russia kept one of its main gas supply routes to Europe shut on Saturday, stoking fears of winter fuel shortages and spotlighting differences between Gazprom (MCX:GAZP) and...
(Reuters) - Russia's Gazprom (MCX:GAZP) said it would ship 42.7 million cubic metres (mcm) of natural gas to Europe through Ukraine on Saturday, hours after it announced that flows through...
By Christoph Steitz and Caleb Davis FRANKFURT/GDANSK (Reuters) -Russia has scrapped a Saturday deadline to resume flows via a major gas supply route to Germany, deepening Europe's...
MOSCOW (Reuters) - Tension over giant turbines that Moscow blames for the reduction of flows via the Nord Stream 1 gas pipeline has put the focus on the equipment it needs to operate. The...
LONDON (Reuters) - Russia's Gazprom (MCX:GAZP) said on Friday that natural gas supplies via the Nord Stream 1 pipeline would remain shut off after the main gas turbine at the Portovaya...
(Reuters) -Russia said on Friday gas deliveries via one of the main supply routes to Europe, the Nord Stream 1 pipeline, remained at risk because just one turbine was operational, deepening...
By Geoffrey Smith Investing.com -- A week of U.S. economic data reaches its climax with the release of the employment report for August, with another solid 300,000 gain in nonfarm jobs...
By Geoffrey Smith Investing.com -- Benchmark European Natural Gas Futures fell sharply on Friday to their lowest in two weeks on signs that Russian gas will resume flows through the Nord...
(Bloomberg) -- Russia looks set to resume gas supplies through its key pipeline to Europe, a relief for markets even as fears persist about more halts this winter. Grid data indicate that...
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