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EUR/Ruble exchange rate (Rubles per Euro. On 23 March 2022, Russian President Vladimir Putin announced payments for Russian pipeline gas would be switched from "currencies that had been compromised" (that is, US dollar and euro) to payments in roubles when the transaction involved a country formally designated "unfriendly" previously, which included all European Union states; on 28 March, he ...
MOSCOW/KYIV (Reuters) -Russian gas exports via Soviet-era pipelines running through Ukraine came to a halt on New Year's Day, marking the end of decades of Moscow's dominance over Europe's energy ...
Germany will nationalise gas importer Sefe, formerly known as Gazprom Germania, the economy ministry said on Monday, in a move to protect it from bankruptcy and force Russia out of the company.
Russian gas has been replaced by liquefied natural gas (LNG) imports: the United States has increased its slice of the EU gas market to 56.2 bcm in 2023 from 18.9 bcm in 2021 while Norway grew its ...
Germany cut its gas imports by 32.6% in 2023, the country’s energy regulator said, mostly as a result of cutting out Russian supply. However, Germany is still heavily dependent on other ...
SEFE Energy (100%), with about 18% share of the gas market in Germany [9] a joint venture between Securing Energy for Europe GmbH and Wintershall, the largest crude oil and natural gas producer in Germany. Vemex s.r.o. (51%), located in Prague, and controlling about 10-12% of the Czech gas market. [10] Gas Project Development Central Asia AG (50%).
Gazprom became Russia's largest company. [35] On the day of the deal the company worth was valued at £69.7 billion (US$123.2 billion). Countries dependent on Russian natural gas (2006) In July 2006, On Gas Export was enacted with nearly unanimous vote from the State Duma. This law gave Gazprom the exclusive right to export natural gas from Russia.
German energy company Uniper said Wednesday that a tribunal has awarded it more than 13 billion euros (nearly $14 billion) in damages for gas that Russia's Gazprom hasn't supplied since 2022.