Shell smashes record again with $11.5 bln profit

Shell smashes record again with $11.5 bln profit

General view of a Shell petrol station sign in Milton Keynes, Britain, January 5, 2022. REUTERS/Andrew Boyers/File Photo GLOBAL BUSINESS WEEK AHEAD Register now for FREE unlimited access to Reuters.com Register Shell announced $6 bln buyback program Refining margins triple in second quarter Strong gas and power trading lift profits LONDON, July 28 (Reuters) – … Read more

Russia cuts gas flows further as Europe urges energy saving

Russia cuts gas flows further as Europe urges energy saving

Pipes at the landfall facilities of the Nord Stream 1 gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/ Register now for FREE unlimited access to Reuters.com Register FRANKFURT/LONDON, July 27 (Reuters) – Russia delivered less gas to Europe on Wednesday in a further escalation of an energy stand-off between Moscow and … Read more

Europe agrees compromised gas curbs as Russia squeezes supply

Europe agrees compromised gas curbs as Russia squeezes supply

Model of natural gas pipeline, EU and Russia flags, July 18, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register EU ministers agree to emergency gas use cuts Voluntary cuts would become binding in supply emergency Final deal exempts numerous countries, industries EU racing to save gas as Russia slashes supply BRUSSELS, … Read more

Russian gas cut to Europe hits economic hopes after Ukraine grain deal

Russian gas cut to Europe hits economic hopes after Ukraine grain deal

Gazprom says turbine halt will further cut gas to Germany United Nations hopes for grain exports in days US exploring overland routes after Russian strike KYIV, July 26 (Reuters) – Russia said it will cut gas supplies to Europe from Wednesday in a blow to countries that have supported Ukraine, just as there were hopes … Read more

Russia’s Gazprom tightens squeeze on gas flow to Europe

Russia's Gazprom tightens squeeze on gas flow to Europe

This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. MOSCOW, July 25 (Reuters) – Russia tightened its gas squeeze on Europe on Monday as Gazprom (GAZP.MM) said supplies through the Nord Stream 1 pipeline to Germany would drop to just 20% of capacity. Gazprom said flows would … Read more

Europe races to cut Russian gas usage amid new Putin warning

Europe races to cut Russian gas usage amid new Putin warning

Nord Stream 1 pipeline out of action for maintenance Pipeline due to resume pumping on Thursday EU says states must act now to reduce gas consumption Germany, others have rationing and other plans in place BRUSSELS/LONDON, July 20 (Reuters) – The European Union will set out emergency plans on Wednesday to curb gas usage after … Read more

Putin visits Iran on first trip outside former Soviet Union since Ukraine war

Putin visits Iran on first trip outside former Soviet Union since Ukraine war

Putin to meet Supreme Leader Khamenei Putin also to meet Iranian and Turkish presidents Russia to discuss Ukrainian grain exports with Erdogan Turkish threat of Syrian operation also in focus LONDON/DUBAI, July 19 (Reuters) – Russian President Vladimir Putin will visit Tehran on Tuesday for talks with Iranian Supreme Leader Ayatollah Ali Khamenei, the Kremlin … Read more