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The Latest Breaking News from Gazprom

Nasdaq, S&P 500 Reverse Earlier Gains As European Energy Crisis Looms Large

Fresh worries over the Nord Stream pipeline surfaced during the early portion of the U.S. session. As a result, stocks gave back early morning gains.

Benzinga

Russia’s Gazprom keeps gas pipeline to Germany switched off

Russian energy giant Gazprom says it can’t resume the supply of natural gas through a key pipeline to Germany for now because of what it said was a need for urgent maintenance work

The Independent UK

Russia scraps gas pipeline reopening, stoking European fuel fears

Russia has scrapped a Saturday deadline to resume flows via a major gas supply route to Germany, deepening Europe's difficulties in securing winter fuel, after saying it had found faults in the Nord Stream 1 pipeline during maintenance.

Reuters

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Nord Stream 1: Gazprom announces indefinite shutdown of pipeline

Russian energy company had been due to resume gas delivery to Germany on Saturday morning

The Guardian - UK

Russia says gas line to Europe will remain closed as energy crisis escalates

Move came hours after G7 announced oil price cap to defund Putin war machine

Evening Standard

Russia’s Gazprom shuts European gas pipeline indefinitely as energy crisis escalates

The move proves Russia’s ‘cynicism’, says the EU

The Independent UK

Russia delays reopening of Nord Stream in blow to gas-starved Europe

Russia has scrapped a Saturday deadline to resume gas flows via the Nord Stream 1 pipeline, one of the main supply routes to Europe, after saying it discovered a fault during maintenance, deepening Europe's difficulties in securing fuel for winter.

Reuters

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EU's top executive backs price cap on Russian pipeline gas

The European Union’s top executive says the bloc’s electricity market is no longer working and has proposed a price cap on Russian pipeline gas

The Independent UK

Crypto Platform Pulls Champions League Sponsorship: Could The Trend Continue?

As cryptocurrencies rocketed higher in 2021, one trend was crypto platforms and companies that operated in the sector seeing high revenue and growth. This inflow of money led to some massive sponsorships across professional sports.

Benzinga

Russia-linked firm could gain stake in company behind UK’s national lottery

PPF in line to acquire shares in Allwyn Entertainment, whose UK arm won lottery licence from Camelot

The Guardian - UK

Wholesale gas prices fall as Europe’s plan to avert winter energy crisis takes shape

Price of gas for delivery on Friday drops 21% from Wednesday night’s price of 405p per therm to 320p

The Guardian - UK

Gazprom to pay Kremlin £8.6bn after record profits

Politicians wait to see whether Russia switches back on Nord Stream 1 gas supply to Europe

The Guardian - UK

How Russia is using gas as a political tool to win support for the Ukraine war

Russia is using its dominance of the European oil and gas market, where it accounts for 40% of EU gas consumption, to attempt to reduce support for Ukraine.

The Conversation

Russia halts gas supplies to Germany as France warns of winter rationing and power cuts

Paris mulls rationing as Europe’s energy crisis deepens

The Independent UK

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Evening Standard

What is Nord Stream 1? Russia turns off natural gas pipeline

Everything we need to know about Nord Stream 1

Al Jazeera

Russia halts Nord Stream 1 gas flow to Europe again

Russia has denied halting gas flows in retaliation for Western sanctions on Moscow over the invasion of Ukraine.

Evening Standard

Russia halts gas flow to Europe through Nord Stream 1 pipeline

Russia cited routine maintenance as the reason, but Germany calls the cuts a political move

Asharq Al-Awsat

New Russia Gas Halt Tightens Energy Screws on Europe

Russia halted gas supplies via a major pipeline to Europe on Wednesday, intensifying an economic battle between Moscow and Brussels and raising the prospects of recession and energy rationing in some of the region's richest countries. The outage for maintenance on Nord Stream 1 means that no gas will flow…

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The Independent UK

Russia temporarily stops gas flow through Nord Stream 1

Russia’s Gazprom has stopped the flow of natural gas through a major pipeline from Russia to Europe as it had announced in advance

The Guardian - UK

Nord Stream 1: Russia switches off gas pipeline citing maintenance

Shutdown at short notice by state-owned Gazprom disrupts European efforts to stockpile for winter

France 24

EU tightens travel rules for Russians, falls short of visa ban

European Union foreign ministers agreed on Wednesday to fully suspend a visa facilitation agreement with Russia, making it harder for Russian citizens to enter the EU but falling short of an outright visa ban. The move comes as a team of IAEA nuclear inspectors arrived in the southern Ukrainian city…

The Guardian - UK

Wholesale gas prices tumble as Europe prepares to intervene in energy markets

European Commission says it is working ‘flat out’ on emergency intervention and on longer-term structural reform

Radio France Internationale

France accuses Russia of weaponising energy after Gazprom cuts gas deliveries

France has accused Russia of using energy supplies as "a weapon of war" after Russian gas giant Gazprom reduced deliveries to French energy utility Engie.

Asharq Al-Awsat

Kremlin: Only Sanctions Prevent Nord Stream Gas Pipeline from Working

Nothing stands on the way of Russian gas exports to Europe via the Nord Stream 1 pipeline apart from technological problems caused by Western sanctions, Kremlin spokesman Dmitry Peskov said on Tuesday, a day before another planned maintenance shutdown. Russian energy giant Gazprom has announced it will shut the pipeline…

The Independent UK

Germany upbeat on energy security; Russia cuts gas to France

Chancellor Olaf Scholz says Germany is well-prepared to tackle a possible energy shortage due to Russia’s squeeze on European gas supplies

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