ukraine Archives - Page 5 of 7

Gas is key in the Russia-Ukraine conflict — and supply could be disrupted around the world

February 24, 2022

CNBC Russian forces on Thursday launched their long-feared attack on Ukraine, sending shockwaves through financial markets and ratcheting up fears about the ramifications for gas supplies around the world. Russian President Vladimir Putin cast aside international condemnation and the first tranche of sanctions by declaring the beginning of a “special military operation” aimed at the “demilitarization” of Ukraine. Russian forces have reportedly fired missiles

Oil prices jump 8% as Russia invades Ukraine; Brent tops $100 for first time since 2014

February 24, 2022

CNBC Oil prices on Thursday jumped following Russia’s invasion of Ukraine, with international benchmark Brent crude surpassing $100 a barrel for the first time since 2014. The attack is expected to have far-reaching implications for energy markets given Russia’s role as the world’s second-largest producer of natural gas and one of the world’s largest oil-producing nations. Oil prices have jumped more than

Oil eases as Ukraine hints at concessions to Russia

February 14, 2022

Reuters Oil eased on Monday, after earlier hitting its highest in more than seven years, as Ukraine hinted at possible concessions to Russia that could alleviate tensions between the two countries that Western governments say are on the brink of war. U.S. West Texas Intermediate (WTI) crude dropped $1.10, or 1.17%, to $92.77 a barrel, after hovering near a session-high

Oil will hit $120 a barrel if Russia invades Ukraine, strategist predicts

February 9, 2022

CNBC Oil will “certainly” hit $120 a barrel and the global economy will be “radically altered” if Russia invades Ukraine, veteran strategist David Roche has predicted. Moscow has denied that it plans to invade neighboring Ukraine, but has moved around 130,000 soldiers, tanks, missiles, and even fresh blood supplies to the border. The Kremlin is demanding that Ukraine never be

U.S. in talks with energy producers to supply Europe if Russia invades Ukraine

January 25, 2022

US News WASHINGTON – The United States is in talks with major energy-producing countries and companies around the world over a diversion of supplies to Europe if needed in the event of a Russian invasion of Ukraine, senior Biden administration officials said on Tuesday. Speaking to reporters on a call, the officials did not name the specific countries or companies

Ukraine warns Europe to be dependent on Russia for gas supply with Nord Stream 2

September 2, 2021

Reuters The launch of Russia’s Nord Stream 2 gas pipeline will mean Europe will be solely dependent on Moscow-run pipelines as the Ukrainian route for gas delivery to Europe disappears, the head of Ukraine’s gas transit operator said. Russia’s Gazprom has almost completed the construction of Nord Stream 2, which can divert transit gas flows still going through Ukraine to

Merkel defends U.S. Nord Stream 2 deal as Ukraine cries foul

July 22, 2021

Reuters BERLIN/KYIV – German Chancellor Angela Merkel on Thursday defended a deal with the United States that allows the Nord Stream 2 gas pipeline to proceed as a pragmatic compromise, but Ukraine said it was too weak to ensure Russia behaves the way Kyiv and the West want. Ukraine has long opposed the nearly completed $11 billion project which will

Russia begins TurkStream gas flows to Greece, North Macedonia

January 6, 2020

Reuters SOFIA – Russia has started European gas deliveries through the new TurkStream pipeline to Turkey, Bulgaria’s Bulgartransgaz said on Sunday, as Moscow looks to reduce shipments via Ukraine. Russia is building TurkStream and doubling the capacity of NordStream across the Baltic Sea to Germany as part of plans to bypass Ukraine in its gas deliveries to Europe. “Russian

Ukrainian Authorities Detain Russian Tanker

July 25, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Security Service of Ukraine detains Russian oil tanker, releases crew after threats from Moscow A Russian oil tanker is being detained by Ukrainian authorities in the port of Izmail near the Black Sea in what appears to be an act of retaliation for a similar incident that occurred last November. According

Ukraine says Russia Starting ‘Gas War’ with Controversial Pipeline

May 8, 2019

Ukraine says Russia starting ‘gas war’ with controversial pipeline

Gas Talks to Continue with Ukraine and EU: Russian Energy Minister Novak

July 17, 2018

From Reuters Russian Energy Minister Alexander Novak said on Tuesday that three-way talks with Ukraine and the European Union would continue in the autumn, after he met representatives from Kiev and the European Commission in Berlin. He also reiterated a statement by Russian President Vladimir Putin that Russia was ready to prolong a gas contract with Ukraine that expires on

Russia’s Gazprom Asked Court to Halt Ukraine Gas Contracts, Could Disrupt NatGas Shipments to Europe

March 2, 2018

From CNBC/Reuters MOSCOW, March 2 (Reuters) – Russian gas giant Gazprom said on Friday it had asked a court to terminate its gas supply and transit contracts with Ukraine after being ordered to pay $2.56 billion to Kiev, in a dispute which the EU said could threaten gas flows to Europe. The move follows a ruling in a Stockholm arbitration

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