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3 mins read

Russia says it's the bigger person for not cutting Europe's natural gas supply — but that's not all there is to it

Russia supplied 40% of Europe's gas before the full-scale invasion of Ukraine. It's now down to 15%.

Huileng Tan   


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2 mins read

The US is sending less natural gas to Europe, complicating Europe's plans to cut off Russian gas

Last year, Europe still imported about 15% of its total gas supply from Russia, with about 9% comin…

Huileng Tan   


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2 mins read

India's oil, gas exploration offers USD 100 billion opportunity: Oil Minister Hardeep Singh Puri

Oil Minister Hardeep Singh Puri on Thursday called for stepping up oil and gas hunt to cut India's …

PTI   


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2 mins read

Germany banned Russian gas from its ports, the latest move to isolate Putin's energy industry: report

Deutsche Energy Terminal has been sent a letter by the German economy ministry telling it to reject…

Mikhaila Friel   


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2 mins read

Gold, silver rally, crude volatile while copper at two-month low: Choice Commodity Report

The Multi Commodity Exchange of India (MCX) Gold July contract saw a modest increase of +0.86 per c…

ANI   


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5 mins read

Why the interest-rate cut isn't delivering the relief consumers were hoping for

The 10-year Treasury yield went above 4%, leaving consumers facing high borrowing costs despite the…

Dan DeFrancesco   


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2 mins read

Wetlands in the icy Arctic have begun releasing 9% more planet-warming methane in the past two decades: study

While headlines may remain fixated on carbon dioxide, there is another accomplice aiding the gas in…

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3 mins read

RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty

T​​​​he US Federal Reserve's first cut in interest rates in more than four years happened today, tr…

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2 mins read

Russian inflation will soar even higher as sanctions spark another surge in gas prices, British intelligence says

Inflation in Russia is "highly likely" to remain above target through the rest of 2024, the UK Defe…

Jennifer Sor   


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2 mins read

Europe should be prepared for Russia to totally cut all natural gas supplies this winter, IEA chief says

Russia could cut natural gas flows even more, just as Europe tries to build up some inventory ahead…

Zahra Tayeb   


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2 mins read

Hamza Fareed Malik   


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2 mins read

Sanctions against Russia will last 'for years to come' as the US aims to cut Moscow's oil and gas revenue in half by 2030

Limiting Russia's energy revenue will ensure that Moscow can't rearm for future aggression, Geoffre…

Filip De Mott   


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2 mins read

Entire industries in Germany could collapse due to Russian natural-gas supply cuts: union head

"We aren't dealing with erratic decisions but with economic warfare, completely rational and very c…

Huileng Tan   


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2 mins read

Norway's government halted an oil and gas worker strike that could have cut natural-gas exports by 60% and worsened Europe's energy crisis

Norway is Europe's second-largest energy supplier after Russia — which is already slowing supplies …

Huileng Tan   


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3 mins read

Russia is cutting off Denmark's supplies of natural gas as its invasion of Ukraine causes huge changes in global energy flows

Gazprom is halting natural gas supplies to Ørsted, Denmark's largest energy company, because it did…

Grace Dean   


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1 min read

Russia still earns about 100 million euros per day in gas exports to Europe despite 75% cut to supply

Russian gas revenue from Europe has totaled about 35 billion euros since the war began, the Indepen…

Brian Evans   


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2 mins read

Windfall tax on diesel export hiked to ₹1 per litre

The government has hiked the windfall profit tax on export of diesel to ₹1 per litre while the levy…

PTI   


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2 mins read

Putin is likely to completely cut off Russian gas supply to Europe, French minister says

Already scrambling to find alternative energy sources, European leaders are bracing for Putin to to…

Mia Jankowicz   


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2 mins read

Russia's Gazprom threatens to cut off natural-gas supplies to Europe if price caps are imposed

The G7 and the EU are in discussions to impose price caps on Russian oil and natural gas to cut its…

Huileng Tan   


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2 mins read

Russia's Gazprom threatens to cut off natural-gas supplies to Europe if price caps are imposed

The G7 and the EU are in discussions to impose price caps on Russian oil and natural gas to cut its…

Huileng Tan