According to Prime Minister Viktor Orban, Hungary anticipates finalizing a contract with Russia for 700 million cubic meters of extra gas imports by the end
Category: Europe
Shell and Total declare windfall profits on soaring energy prices.
The two largest oil firms in Europe, Shell, and TotalEnergies increased their share repurchase programs on Thursday after their second-quarter profits surpassed those of the
Europe braces for cold winter and the economic downturn as Russia continues to squeeze gas flows.
In a fresh escalation of the energy standoff between Moscow and the European Union, Russia provided less gas to Europe on Wednesday. This will make
Soaring energy costs in Europe worsen as the Russian gas supply is cut; hunger in poor nations suffocates as missiles disrupt grain export.
In a blow to nations that have supported Ukraine, Russia warned it will limit gas supplies to Europe starting on Wednesday. Meanwhile, missile attacks in
Ukraine war is fight to finish until all lost territories are fully recovered. – Zelensky.
In an interview with the Wall Street Journal on Friday, Ukrainian President Volodymyr Zelensky claimed that a cease-fire with Russia without the retaking of lost
In Spain, Orange and MasMovil have signed a $19 billion merger agreement.
In a deal valued at close to $19 billion, Orange and MasMovil have officially agreed to combine their operations in Spain, the two telecommunications companies
Hungarian PM says sanctions against Russia have failed, EU needs a new strategy on Ukraine war.
According to Viktor Orban, prime minister of Hungary, sanctions against Moscow have failed and the European Union needs a fresh approach to the conflict in
Nord Stream 1 gas pipeline from Russia to Europe was restored after 10-day maintenance.
After a 10-day maintenance closure, natural gas began flowing through a key pipeline from Russia to Europe on Thursday. However, the gas flow was still
Italian Premier Mario Draghi resigns after the collapse of the government.
Mario Draghi, the Premier of Italy, resigned on Thursday after important coalition members abstained from a vote of confidence, raising the possibility of an early
Russia’s Gazprom has suspended some European gas deliveries till further notice.
According to a letter dated July 14 and obtained by reporters on Monday, Russia’s Gazprom has declared force majeure on gas deliveries to Europe to
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