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Gazprom rejects Uniper's claims for billions in compensation over undelivered gas
The export arm of Russia's Gazprom (GAZP.MM) on Wednesday denied it was in breach of contract regarding gas supplies to Germany's Uniper (UN01.DE) , after Uniper launched arbitration proceedings in a bid to claim back billions of extra costs over undelivered gas supplies.
read more... 01/12/2022
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Europe wary of Turkish hub to hide gas 'made in Moscow'
President Vladimir Putin's plan to make Turkey a hub for Russian gas in theory could allow Moscow to mask its exports with fuel from other sources, but that might not be enough to persuade Europeans to buy, analysts and sources said.
read more... 01/12/2022
Daily (30.11.2022): European carbon prices rose on Tuesday due to strong auction demand
Oil prices were volatile on Tuesday, due to uncertainty about the level of a price cap on Russian oil. Consequently, Brent crude slipped 0.1% to $83.03 a barrel. However, WTI oil traded 1.2% higher at $78.20 a barrel amid rising demand and decreasing crude oil inventories in key consuming nations.
read more... 30/11/2022
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OPEC decision to hold virtual meeting signals little likelihood of policy change, cap on Russian oil awaited
The OPEC+ decision to hold its Dec. 4 meeting virtually signals little likelihood of a policy change, a source with direct knowledge of the matter told Reuters on Wednesday.
read more... 30/11/2022
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Eastward gas flows drop on Yamal-Europe pipeline, flows via Ukraine hold steady
Eastbound gas flows fell on Wednesday morning on the Yamal-Europe pipeline to Poland from Germany, while Russian flows through Ukraine to Europe were steady, pipeline operator data showed.
read more... 30/11/2022