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Russia’s key gas exporter Gazprom announces 41% fall in profits

Gazprom, the state-owned natural gas company that is a pillar of Russia’s economy, announced on Tuesday that its profit for 2022 plunged by more...

EU reveals high natural gas storage despite Russian cuts

Natural gas storage levels in the European Union stand at nearly 84 per cent and were higher in December than the average amount in...

Fourth leak reported on Nord Stream pipelines in Baltic Sea

A fourth leak on the Nord Stream pipelines has been reported off southern Sweden, the country’s news agency said. Sweden’s coastguards told TT they have...

Germany nationalises country’s biggest gas importer Uniper

The German government has agreed to nationalise the country’s biggest gas importing company, Uniper. The move expands state intervention in the industry to prevent an...

German gas storage 80% full despite Russian pipeline issues

Germany’s natural gas storage facilities are now more than 80 per cent full, showing steady progress despite a drastic reduction in deliveries from Russia...

Russia cuts gas through major pipeline to Europe to 20% of capacity

Russia’s Gazprom has halved the amount of natural gas flowing through a major pipeline from Russia to Europe to 20% of capacity. It is the...

EU nears deal to ration gas amid Russian cut-off fears

European Union governments have neared an agreement on rationing natural gas this winter to protect against any further supply cuts by Russia as Moscow...

Gazprom to cut natural gas flows through major pipeline to 20% of capacity

Russia’s Gazprom has said it would further reduce natural gas flows through a major pipeline to Europe to 20% of capacity, citing repairs of...

Key gas pipeline from Russia to Europe restarts after break

Natural gas has started flowing through a major pipeline from Russia to Europe after a 10-day shutdown for maintenance, the operator said. But the gas...

German vice chancellor calls for users to ration gas as Russia cuts supply

Germany’s vice chancellor is stepping up an appeal for the country’s residents to save energy after Russia’s Gazprom announced significant cuts in natural gas...

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