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Several energy policy headlines crossed the tape Tuesday afternoon in the US, with Russia announcing plans to cut gas supply to Bulgaria and the White House showing concern Iran could develop a nuclear weapon within weeks. The news followed updates earlier in the day that indicated Russia had...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Recently, a new decree from Russian President Vladimir Putin sent shockwaves through Russia’s financial markets. The decree states that Russian companies must move to delist from international exchanges. This may n...
Germany's government on Monday said it will temporarily take control of a longtime German subsidiary of Russian state-owned natural gas giant Gazprom (OTCPK:OGZPY) to maintain the continuity of gas supply in Germany and Europe. "The German government is doing what is necessary to ensure secur...
It doesn't look like the Russian gas taps going to Europe will get turned off today, but there is always the possibility of some surprises. Germany and Austria have already begun preparations for rationing, while the bloc of EU countries warned that they were preparing for all contingencies. ...
As of early 2022, four Russian oil companies were present in different onshore and offshore locations in several African markets. Overall, Russian players tend to act as operators in North Africa (Libya, Algeria, Tunisia), while they mainly act as partners in Sub-Saharan Africa (Ghana...
European Union officials raided the offices of Gazprom's (OTCPK:OGZPY) German units as part of a probe into the Russian company's role in pushing natural gas prices to record highs, Bloomberg reported Wednesday. Officials reportedly visited offices of companies including Gazprom Germania GmbH...
Lukoil is one of Russia's largest oil producers. In 2021, with oil prices still rather low, the company was highly profitable. High oil prices could boost profits this year, but sanctions, trading restrictions, and a large discount of Urals crude versus Brent will have a negative impa...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Painfully, the ongoing Russia-Ukraine conflict has too many unfortunate victims. Investors who couldn’t get out of beaten-up Russian stocks before international exchanges abruptly suspended trading in Russian shares ...
Suspension of Nord Stream 2 pipeline by Germany and the US is a $1 billion headache for ENGIE. Europe is considering risks of dependence on Russian oil and gas; this might lead to doubling down on Renewable energy investment. Situation unclear as the US bans and Europe looks to re...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips After a month of being shut down amid conflict-driven turbulence, Russia’s stock market reopened this morning. Russian stocks are rallying as a result, with the Moscow Stock Exchange seeing gains of more than 4% so...
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