While Kremlin vows to restore gas supply if sanctions are scrapped, energy traders are reaping record profits
The severe dispute between Russia and the West, as always in similar situations, is being used by other countries
Natural gas, electricity prices soar 30% on Nord Stream 1 shutdown
Gazprom said it would keep the Nord Stream 1 pipeline offline right after the G7 agreed to cap the price of Russian oil
German firms reduce, halt production over high energy prices
The halting of production because of the high energy prices is seen by the German government as an alarming situation
Romania sells decommissioned Mintia coal power plant
The buyer is required to invest in a new power generation unit that will mainly use natural gas and renewables
EU governments preparing market reforms to decouple power prices from gas
Austria, Belgium, and Germany believe market reforms are inevitable to weaken the prevailing influence of gas costs on electricity prices
The Hague hopes to keep buying Russian gas after EU sanctions deadline
The Hague seeks a temporary exemption from the EU’s sanctions against Russia as it struggles to find a replacement for Gazprom’s gas
France to introduce unprecedented measures to cushion energy crisis
The French government has made a move to have as many new power plants as possible in operation in the shortest possible time
Bulgarian gas thriller – between LNG tankers and payments in rubles
Bulgaria is looking to Azerbaijan and Turkey for additional gas supplies, as the caretaker government announces inevitable talks with Gazprom