Tag: Natural gas
Finland still buys gas from Russia
The state-owned company Gasum has continued to buy natural gas from Russia, claiming that it is obligated to pay under the long-term contract anyway.
Russia responds to Danish Nord Stream probe refusal
Foreign Ministry spokeswoman Maria Zakharova has suggested that Copenhagen is doing Washington’s bidding Denmark has never been interested in finding the real perpetrators behind the explosions that destroyed Russia’s Nord Stream pipelines last September, Foreign Ministry spokeswoman Maria Zakharova claimed. She noted that Copenhagen had dragged its feet in granting permits for the second part […]
Report: Finland survived the energy crisis well in 2022
According to the report, Finland survived the energy crisis in the top positions with the second lowest electricity price in Europe in 2022. This was primarily due to Finland’s reduced dependence on fossil fuels compared to most European countries. According to Korhonen, the price of electricity is predicted to return to normal levels fastest in […]
Russia criticizes Denmark for Nord Stream fraud
Copenhagen has refused to allow Moscow’s participation in a pipeline bombing Denying Russia access to the investigation into sabotage of Nord Stream gas pipelines makes a mockery of those probes, Russian Foreign Ministry spokeswoman Maria Zakharova said Thursday. “This is such a fraud, a total fraud, not even a scam but a three-penny game, which, […]
Russia shares Nord Stream’s communications with the UN’s top diplomat
Germany, Denmark and Sweden allegedly failed to keep Russia informed of their investigations Russia has released its communications with Denmark, Sweden and Germany regarding Nord Stream sabotage to members of the UN Security Council, a senior diplomat has said. “These documents allow our colleagues at the United Nations to confirm that the claims of these […]
Moscow reveals Nord Stream’s stonewalling – officially
Russia’s communications with EU nations on North Stream sabotage will be published, senior diplomat Dmitry Polyansky has promised Russia intends to share with the UN Security Council the exchanges it had with Germany, Denmark and Sweden regarding sabotage of the Nord Stream pipelines, a senior Russian diplomat has revealed. Moscow is trying to push its […]
Moscow will expose Nord Stream’s stonewalling official
Russia’s communications with EU nations on North Stream sabotage will be published, senior diplomat Dmitry Polyansky has promised Russia intends to share with the UN Security Council the exchanges it had with Germany, Denmark and Sweden regarding sabotage of the Nord Stream pipelines, a senior Russian diplomat has revealed. Moscow is trying to push its […]
The Nord Stream explosions hurt the Baltic wildlife researchers
Scientists say pipeline explosions stirred up chemical waste and threaten cod and porpoise populations The destruction of the Nord Stream 1 and 2 pipelines not only interrupted the flow of Russian natural gas to Western Europe, it killed and poisoned already endangered fish and marine mammal species in the Baltic Sea, says a new report […]
Spanish expert accuses the US of blowing up the Nord Stream pipeline
© Provided by Xinhua Josep Puigsech, an expert on Russian affairs and contemporary history, points to “a clear gain to be made” by the US and a strengthening of its geopolitical influence over Germany. BARCELONA, Spain, Feb. 27 (Xinhua) — “I increasingly believe that the incident that led to the rupture of the gas pipeline […]
Roundup: Germany mum on Nord Stream explosions amid US sabotage claims
BERLIN, Feb. 24 (Xinhua) — The German government is condoning the explosions that destroyed the Nord Stream 1 and 2 pipelines on Sept. 26 last year, even as the country continues to suffer a severe energy crisis following the disruption of Russian gas supplies. Without even giving access to members of the German Bundestag (the […]
Germany mum on Nord Stream explosions amid US sabotage claims
© Provided by Xinhua Without even giving access to members of the German Bundestag, all information on the matter has been classified as “highly confidential” due to the so-called third-party rule, which prevents conflicts with the interests of the allied states or their intelligence services. BERLIN, Feb. 24 (Xinhua) — The German government is condoning […]
Russia-EU relations no longer exist Moscow
The bloc chose economic ruin to be a vassal of the United States, Moscow’s UN envoy has said. Relations between the European Union and Russia are virtually non-existent, consumed by the abyss of EU subservience to the United States, Russian Permanent Representative to the United Nations Vassily Nebenzia told the Security Council on Thursday. Moscow […]
Calls are mounting to investigate alleged US involvement in Nord Stream blasts
© Provided by Xinhua A leading European analyst told Xinhua on Tuesday that potential evidence of US involvement would affect how each side of the Ukraine crisis is viewed internationally. ROME, Feb. 22 (Xinhua) — Three European countries probing the details of the Nord Stream pipeline explosion last September said Tuesday they are not sure […]
Moscow takes aim at West over Nord Stream sabotage
The United States and its allies hope the issue will “fade into the sand,” Kremlin spokesman Dmitry Peskov claimed The West is against a transparent investigation into the attack on the Nord Stream pipelines, Russian presidential spokesman Dmitry Peskov said on Wednesday. Earlier this week, Moscow’s UN ambassador, Vassily Nebenzia, claimed that evidence of Washington’s […]
Finnish politicians demand electricity retailers to adjust the prices of fixed-term contracts
“There is freedom of contract in Finland and the signed contracts are binding, but companies have the opportunity and also the responsibility to proactively bear social responsibility and meet people halfway,” he reasoned. About 130,000 Finnish households signed a new electricity contract during a time when the price of electricity exceeded 30 cents per kilowatt […]
Decline in gas consumption in the EU
Natural gas consumption in the EU has decreased by 19.3% in the period August 2022 – January 2023, the decrease in Bulgaria is below 25%, compared to the average gas consumption for the same months (August – January) between 2017 and 2022. Council Regulation (EU) 2022/1369 on coordinated measures to reduce demand for natural gas, […]
Evidence of US guilt for Nord Stream more than a smoking gun Russia
Blocking a UN probe would make the West look even more suspicious, Moscow’s ambassador told Security Council The destruction of the Nord Stream pipelines was an act of international terrorism and must be addressed to avoid “chaos” on the high seas, Moscow’s UN ambassador, Vassily Nebenzia, told the UN Security Council on Tuesday. Russia has […]
US says partners should investigate Nord Stream blasts
The State Department reacted to Russia’s request for a UN investigation of the pipelines? destruction The Nord Stream pipeline explosions did not take place on US soil so Washington believes it would be most appropriate for the countries whose territory was involved to investigate them, State Department spokesman Ned Price told reporters on Wednesday. “I […]
NATO chief calls for bigger defense budgets
BRUSSELS, Feb. 15 (Xinhua) — North Atlantic Treaty Organization (NATO) member states should commit to spending at least 2 percent of their gross domestic product (GDP) on defense by next year, the alliance’s Secretary General Jens Stoltenberg said Wednesday. He was speaking to journalists after a NATO defense ministers’ meeting here to address key issues […]
Ukraine is draining NATO’s ammunition stockpile: Stoltenberg
BRUSSELS, Feb. 13 (Xinhua) — The North Atlantic Treaty Organization (NATO) must “increase production” of munitions as Ukraine’s rate of use is depleting current capabilities and draining stockpiles, the alliance’s Secretary General Jens Stoltenberg said Monday. The conflict in Ukraine is “consuming a huge amount of ammunition and depleting allied stocks,” he told reporters ahead […]
Kremlin reacts to Nord Stream’s sabotage claims
A new article alleging an American role in the explosions highlights the need for an international probe, says Dmitry Peskov Russia is concerned about efforts to quietly wind down the investigation into last year’s Nord Stream gas pipeline explosions, Kremlin press secretary Dmitry Peskov has said. A report by well-known American investigative journalist Seymour Hersh, […]
The US lies about Nord Stream exposing Moscow
The Russian Foreign Ministry has reminded the State Department of its own history of misleading claims Attempts by the US State Department to brush off Seymour Hersh’s article on sabotage of the Nord Stream pipelines as “nonsense” are blatant lies that show a shocking ignorance of American history, Russian Foreign Ministry spokeswoman Maria Zakharova told […]
US blew up Nord Stream pipeline in covert operation, says top investigative journalist
Washington [US]February 11 (ANI): American investigative journalist and political writer Seymour Hersh claimed that the bombing of the Nord Stream undersea gas pipelines in September 2022 was carried out by the US in a covert operation, according to the results of his investigation published in Substack. Pulitzer Prize-winning journalist Hersh noted that the decision to […]
Hersh claims Russia’s Nord Stream 1 and 2 blown up on order of Biden
WASHINGTON, DC – The U.S. Navy’s Diving and Salvage Center can be found in a location as obscure as its name-down what was once a country lane in rural Panama City, a now-booming resort city in the southwestern panhandle of Florida, 70 miles south of the Alabama border. The center’s complex is as nondescript as […]
Greta Thunberg arrested in Germany (VIDEO)
The police dragged the Swedish climate activist away from a coal mine demonstration Swedish climate activist Greta Thunberg was arrested in western Germany on Tuesday. Reporters captured the moment Thunberg was taken away by riot police during a protest against the expansion of a coal mine in Luetzerath, North Rhine-Westphalia. Located between Aachen and Dsseldorf, […]
Greta Thunberg was arrested in Germany
The police dragged the Swedish climate activist away from a coal mine demonstration Swedish climate activist Greta Thunberg was arrested in western Germany on Tuesday. Reporters captured the moment Thunberg was taken away by riot police during a protest against the expansion of a coal mine in Luetzerath, North Rhine-Westphalia. Located between Aachen and Düsseldorf, […]
Heat pumps boost Europe’s transition to clean energy
Heat pumps provided just 10% of the world’s heat for buildings in 2021, but a recent report on heat pumps by the International Energy Agency notes that their use is indeed gaining momentum across Europe as countries seek to reduce their reliance on Russian gas imports while cutting carbon emissions. “Heat pumps have the potential […]
Heat pumps drive Europe’s clean energy transition
Heat pumps provided just 10% of the world’s heat for buildings in 2021, but a recent report on heat pumps by the International Energy Agency notes that their use is indeed gaining momentum across Europe as countries seek to reduce their reliance on Russian gas imports while cutting carbon emissions. “Heat pumps have the potential […]
The LNG terminal leased from a US company arrives in Inko
The liquefied natural gas (LNG) floating terminal replaces the fuel previously imported from Russia.
Finnish chemical companies were affected by the energy crisis
The chemical industry consumes about 18% of the total electricity consumption in Finland, and the use of natural gas as an energy source has decreased sharply in recent years. According to the Chemical Industry Association, the share of electricity in the chemical industry has grown significantly, as the industry’s own carbon-neutral goals can only be […]
Explainer: UN Nature Summit puts industry on alert to reveal more
Montreal – Industry executives have joined activists and negotiators from nearly 200 countries at this month’s United Nations Nature Summit in Montreal, where negotiations for a global pact to protect nature could lead to tougher disclosure requirements for companies. Sectors such as mining, agriculture, oil and fashion are being scrutinized at the COP15 talks, due […]
EXPLAINER-UN Nature Summit puts industry on alert to reveal more
Montreal – Industry executives have joined activists and negotiators from nearly 200 countries at this month’s United Nations Nature Summit in Montreal, where negotiations for a global pact to protect nature could lead to tougher disclosure requirements for companies. Sectors such as mining, agriculture, oil and fashion are being scrutinized at the COP15 talks, due […]
Leader of the week: Den Borgenske sindro
Over five weeks ago, we had a general election that established an unusual balance between the red and blue bloc in the Folketing. Mette in the middleIn the middle, former prime minister Løkke Rasmussen tinted his new party, the Moderates, a purple shade to become a stepping stone between the blocs. However, his effort was […]
Live: Ukraine warns of fresh Russian missile strikes on energy grid
Ukraine said on Monday that Russia was preparing for a fresh wave of missile attacks on its energy grid that have plunged swathes of the country into the cold and dark. The warning came as Ukrainian forces repelled Russian attacks in the Donetsk region, including in the areas of the cities of Bakhmut and Avdiivka, […]
Ukraine warns of fresh Russian missile strikes on energy grid
Ukraine said on Monday that Russia was preparing for a fresh wave of missile attacks on its energy grid that have plunged swathes of the country into the cold and dark. The warning came as Ukrainian forces repelled Russian attacks in the Donetsk region, including in the areas of the cities of Bakhmut and Avdiivka, […]
VMA in Gällivare and Malmberget, Norrbotten •
When Qatar was named host country for the 2022 FIFA World Cup in 2010, many were surprised because the country was an almost unknown soccer nation. But behind the decision was a well-executed campaign from the kingdom where stone-rich Qatar made huge and strategic investments in France, among others. Virtually all the people within the […]
Cop27’s lack of ambition exacerbated the breakthrough in loss and damage
While the agreement was hailed as a step towards climate justice, and a major achievement on loss and damage was not even on the agenda at the start of the conference, many reminded that the fund needs to be designed, financed and deployed before it can help countries bearing the brunt of the crisis. stress […]
Traces of explosives found on Nord Stream scrap – Sweden
The gas pipeline, which connects Russia to Germany, was apparently blown up in September Swedish investigators have found traces of explosives on fragments of “foreign object” recovered from the blast sites in Nord Stream’s underwater pipelines, the country’s security service SAPO said on Friday. The new evidence confirms that the energy links were aimed at […]
Traces of explosives found on Nord Stream debris in Sweden
The gas pipeline, which connects Russia to Germany, was apparently blown up in September Swedish investigators have found traces of explosives on fragments of “foreign objects” recovered from the blast sites of Nord Stream’s underwater pipelines, the nation’s security service SAPO said on Friday. The new evidence confirms that the energy links were aimed at […]
Sweden confirms that the Nord Stream pipeline explosions were sabotage
Swedish investigators confirmed on Friday that the blasts that destroyed parts of Nord Stream’s pipelines in September were acts of sabotage, intended to damage the pipelines that transport natural gas from Russia to Germany under the Baltic Sea. Investigators found traces of explosives on several foreign objects at the blast sites near Sweden and Denmark, […]
Sweden finds foreign objects on Nord Stream’s pipelines
Traces of explosives were found on debris recovered from the blast sites, the country’s security agency said Swedish investigators have found traces of explosives on fragments of “foreign objects” recovered from the blast sites of Nord Stream’s underwater pipelines, the nation’s security service SAPO said on Friday. The new evidence confirms that the energy links […]
Sweden finds “foreign objects” on Nord Stream’s pipelines
Traces of explosives were found on debris recovered from the blast sites, the country’s security agency said Swedish investigators have found traces of explosives on fragments of “foreign object” recovered from the blast sites in Nord Stream’s underwater pipelines, the country’s security service SAPO said on Friday. The new evidence confirms that the energy links […]
The agreements may oblige Finland to buy Russian pipeline gas or to pay regardless
Finland has not received Russian natural gas through pipelines since Russia’s Gazprom started demanding rubles this past spring. The situation may soon change.
The agreements may oblige Finland to buy Russian pipeline gas or to pay regardless
Finland has not received Russian natural gas through pipelines since Russia’s Gazprom started demanding rubles this past spring. The situation may soon change.
The Nord Stream explosions were an act of terrorism Putin
The Russian president said that Gazprom was allowed to inspect the pipeline that was damaged by the ?terrorist act? Russian President Vladimir Putin has described the damage to the two Nord Stream pipelines under the Baltic Sea, telling reporters on Monday night what Gazprom investigators saw after being allowed to inspect the site. “It was […]
Sweden is to carry out a further Nord Stream crime scene investigation
STOCKHOLM, Oct. 28 (Xinhua) — Sweden will conduct further crime scene investigations into suspected sabotage of the Nord Stream 1 and 2 natural gas pipelines, the Swedish Prosecutor’s Office said here on Friday. “I have decided to, together with the security police, carry out a number of additional investigations at the crime scene,” says chief […]
Global emissions will peak in 2025, says the International Energy Agency
“Announced Pledges Scenario (APS) Nationally Determined Contributions (NDC) commitments reduce emissions faster: global emissions peak before 2025 and fall to 31.5 Gt CO2 in 2030, about 15 percent less than in 2025. STEPS,” the report said. The scenario in the IEA’s Energy Outlook report is based on prevailing policy settings where global demand for fossil […]
The Swedish Navy conducts inspections at the Nord Stream pipeline leak site
STOCKHOLM, Oct. 26 (Xinhua) — The Swedish Navy said Wednesday it had deployed two ships to conduct further investigations into the Nord Stream pipeline leaks in the Baltic Sea. “I can confirm that we are there with two minesweepers,” Jimmie Adamsson, the navy’s chief of communications, told Sweden’s Television on Wednesday, adding that the vessels […]
France, Spain, Portugal are to build the Barcelona-Marseille gas pipeline
BRUSSELS, Belgium: Replacing plans to extend the so-called MidCat pipeline across the Pyrenees, previously opposed by France, Spain and Portugal, they announced they will build an ocean-based pipeline to transport hydrogen and gas between Barcelona and Marseille. Portuguese Prime Minister Antonio Costa said the pipeline, also known as BarMar, will help pump green hydrogen and […]
Former Prime Minister of Finland Stubb admits that he made mistakes regarding Russia
“The basic idea was that if you start integrating economies, if you start integrating institutions and cultures, it creates path dependence, which then makes rogue behavior or illegal or aggressive behavior impossible,” he describes the prevailing thinking in many ways. from Europe. “We were, to put it mildly, naive with Russia. Russia is a great […]
The Governor of the Bank of Finland warns of a serious economic disruption
Stagflation refers to slow economic growth and high unemployment as well as constantly rising consumer prices. In September, the ECB estimated that the euro area economy could contract by 0.9 percent in 2023 if Russia stops selling natural gas and oil transported by sea to Europe and Europe does not find alternative sources of supply. […]
Gas prices are falling, reserve full to capacity, but don’t get too complacent!
The gas situation is improving in Denmark. Much better! The EU countries recently set a target to raise their gas supplies to 85 percent of storage capacity before the start of winter, and Green Power Denmark and Energinet can now confirm that the Danish reserves are full to the brim: enough for two to three […]
The first images of Nord Stream’s damage were revealed
The images and video show evidence of what Danish police say were ?powerful explosions? Swedish newspaper Expressen released the first underwater images of the broken gas pipeline Nord Stream 1 on Tuesday. The Russia-Germany gas pipeline was seriously damaged in an apparent act of sabotage last month. The video footage, taken 80 meters below the […]
Information about the Nord Stream probe is shared by the media
Berlin suspects the pipelines were targeted on purpose, but has stopped short of assigning blame, WSJ reports The explosions that tore through the Nord Stream 1 and 2 gas pipelines last month were likely caused by sabotage, the Wall Street Journal reported on Monday, citing German officials familiar with the investigation. Earlier, the Russian Foreign […]
The first images of Nord Stream’s damage revealed (VIDEO)
The images and video show evidence of what Danish police say were “powerful explosions” Swedish newspaper Expressen released the first underwater images of the broken gas pipeline Nord Stream 1 on Tuesday. The Russia-Germany gas pipeline was seriously damaged in an apparent act of sabotage last month. The video footage, taken 80 meters below the […]
EU strengthens infrastructure protection Bloomberg
Member states must strengthen their energy and other key sectors against potential sabotage, the bloc warned Europe must take steps to protect its energy, communications, transport and other critical infrastructure from potential sabotage, the European Commission will recommend this week, according to Bloomberg. The EU’s governing body will also issue a “blueprint” for responding to […]
This week’s editorial: Three Stooges in revival
The Prime Minister did as expected by confirming a general election for November 1, and now the wagons are out across the country, although weeks ago she got a head start on a red bus filled with roses to hand out to reluctant voters. Radicals demanded a general election to prevent the establishment of an […]
Nord Stream saboteurs plunged the EU into energy poverty in Moscow
The destruction of Russian gas pipelines has ?undoed? EU energy security, said Deputy Prime Minister Alexander Novak The perpetrators of the attacks on the Nord Stream natural gas pipelines have destroyed the EU’s hopes for a secure and sustainable energy supply, Deputy Prime Minister Aleksander Novak has declared on the sidelines of the Russian Energy […]
Nord Stream saboteurs threw EU to top energy poverty minister
The destruction of Russian gas pipelines has ?undoed? EU energy security, said Moscow’s deputy prime minister The perpetrators behind the attacks on the Nord Stream 1 and 2 natural gas pipelines have destroyed the EU’s hopes for a secure and sustainable energy supply, Deputy Prime Minister Aleksander Novak has said on the sidelines of the […]
Sweden explains the rejection of the joint Nord Stream probe
Stockholm’s own investigation findings have been deemed too confidential to share with other nations, a Swedish official has said. Stockholm has rejected a plan to set up an official joint investigation team with Germany and Denmark to investigate the explosions that damaged the Nord Stream 1 and 2 gas pipelines in late September, Reuters reported, […]
Putin hints at the culprits behind Nord Stream sabotage
The explosions on the gas pipelines have made it easier to force American LNG on Europe, says the Russian president Those who benefit most from the damage to the Nord Stream gas pipelines in the Baltic Sea are the ones responsible for it, Russian President Vladmir Putin has said. “Everyone understands who is behind this […]
Greta Thunberg calls on Germany to keep nuclear power plants running
Climate activist has called for reactors to be kept running instead of using more coal-fired power amid Europe’s energy crisis Climate activist Greta Thunberg has given her blessing for Germany to delay plans to shut down its last remaining nuclear power plants at the end of this year, saying the loss of their output amid […]
Greta Thunberg supports the German plan to keep the nuclear power plant running
Climate activist has called for reactors to be kept running instead of using more coal-fired power amid Europe’s energy crisis Climate activist Greta Thunberg has given her blessing for Germany to delay plans to shut down its last remaining nuclear power plants at the end of this year, saying the loss of their output amid […]
Greta Thunberg gives Germany permission to keep nuclear power plants running
Climate activist has called for reactors to be kept running instead of using more coal-fired power amid Europe’s energy crisis Climate activist Greta Thunberg has given her blessing for Germany to delay plans to shut down its last remaining nuclear power plants at the end of this year, saying the loss of their output amid […]
Don’t let gas stocks fall low this winter, official warns Europe
PARIS, France: If EU countries empty their natural gas tanks in the coming winter, Europe could face a worse-than-expected energy crisis next year, said Fatih Birol, head of the International Energy Agency (IEA). After Russia cut gas supplies in response to Western sanctions imposed over its invasion of Ukraine, European countries have filled storage tanks […]
Interview: US scientists say Nord Stream leaks ‘need honest investigation’
WASHINGTON, Oct. 3 (Xinhua) — U.S. attempts to blame Russia for the Nord Stream gas pipeline leaks are “very unconvincing,” a prominent U.S. scientist and a senior U.N. adviser have said, calling for an honest investigation. “The evidence is of course incomplete at this stage, but the US attempt to blame Russia is very unconvincing […]
The Finnish government responds to the interpellation regarding energy policy
“We are facing an energy crisis, and you, the government, are not on top of the situation.” Riikka PurraChairman of Basic Finns, According to Helsingin Sanomat. Purra criticizes the government in particular for building its energy policy on wind power: “I wonder if the vision is that every night employees should look at the wind […]
Estonia proposes that NATO expand its missions
The defense minister says the US-led bloc should carry out underwater policing after the Nord Stream incident Estonian Defense Minister Hanno Pevkur has called on NATO to increase its patrols in the Baltic Sea, not only above but also underwater, following the recent explosions that knocked out the Russian gas pipelines Nord Stream 1 and […]
Estonia wants NATO to expand its missions
The defense minister says the US-led bloc should carry out underwater policing after the Nord Stream incident Estonian Defense Minister Hanno Pevkur has called on NATO to increase its patrols in the Baltic Sea, not only above but also underwater, following the recent explosions that knocked out the Russian gas pipelines Nord Stream 1 and […]
Marin: The leaders of the Finnish parliamentary parties will soon meet on the side of the border fence
The Border Guard Service stated in September that, in its opinion, 130–260 kilometers of the more than 1,300 km border should be fenced off, primarily in the vicinity of the border crossing points. The estimated price tag of the project would be “a few hundred million euros” and it will take three to four years […]
Italy tightens surveillance of submarine cables
The move comes in response to sabotage on the Nord Stream pipelines, an official told Reuters The Italian government has stepped up surveillance and controls on underwater energy and telecommunications cables off its coast, a source close to the matter told Reuters on Tuesday. The decision comes in response to the explosions discovered at the […]
US scientists say Nord Stream leaks ‘need honest investigation’
© Provided by Xinhua “It makes Europe more dependent on the US. It robs Russia of a negotiating tool for negotiations,” said Sachs, special adviser to three UN secretaries-general from 2001 to 2018 and now chair of the UN Sustainable Development Network. WASHINGTON, Oct. 4 (Xinhua) — U.S. attempts to blame Russia for the Nord […]
Ukrainian forces break through Russian lines in key Kherson advance
Ukrainian forces on Monday achieved their biggest breakthrough in the Kherson region since the war began, bursting through the Russian front and advancing along the Dnipro River to threaten Russian supply lines. In Zaporizhzhia, the UN nuclear watchdog said the head of the Russian-occupied nuclear power plant had been released. Read our live blog to […]
Russia points the finger at the sole recipient of pipeline sabotage
The pipelines were the last thing that ensured the EU’s energy independence, Moscow’s UN envoy said The sabotage of Russia’s Nord Stream gas pipeline benefits the United States, not Russia or the EU, Russia’s Permanent Representative to the United Nations Vassily Nebenzia said on Friday. “The main question is whether what happened with Nord Stream […]
EU chief: New gas pipeline Greece-Bulgaria “means freedom”
SOFIA, Bulgaria: European Commission President Ursula von der Leyen, chair of the European Union’s executive arm, was in Sofia, Bulgaria on October 1 to witness the opening of a natural gas link between Bulgaria and Greece. Von der Leyen said the importance of the new pipeline was as an example of the EU’s determination to […]
At the UN, Russia, USA Trade barbs over the Nord Stream damage
The US and Russia traded barbs and accusations at a UN Security Council meeting on Friday over the apparent sabotage of a major gas pipeline that Russia uses to supply Europe. Between September 26 and 29, explosions caused four leaks in the Nord Stream 1 and 2 pipelines that run along the bottom of the […]
Swedish intelligence initiates Nord Stream’s sabotage inquiry
Sweden’s security service (SAPO) said on Wednesday it will investigate unexplained explosions and leaks on Nord Stream pipelines in the Baltic Sea, calling them “gross sabotage”. SAPO took over the investigation from the police because “it could relate to a serious crime that could be at least partially targeted Swedish interests,” it said. The intelligence […]
Live: EU proposes new Russia sanctions including oil price cap
The EU’s executive on Wednesday proposed a new round of sanctions on Moscow over its latest “escalation” in Ukraine, including an oil price cap and ban on Russian exports worth seven billion euros ($7 billion). Follow our liveblog for the latest developments. All times are Paris time (GMT+2). 7:10pm: US announces $1.1 billion in new […]
Denmark estimates when the Nord Stream pipelines will be empty
The damaged infrastructure will end by the end of the week, an official has said More than half of all the gas contained in the Nord Stream 1 and Nord Stream 2 pipelines has spilled, the head of the Danish Energy Authority, Kristoffer Boettzauw, told reporters on Wednesday. The pipelines suffered a leak on Monday […]
Live: Fourth leak found on Nord Stream’s pipelines
Sweden’s coast guard discovered a fourth gas leak on the damaged Nord Stream pipelines earlier this week. The European Union suspects Russian sabotage was behind the leaks on the underwater Russian Nord Stream pipelines to Europe and has pledged a “robust” response to any deliberate disruption of its energy infrastructure. Follow our live blog for […]
Another leak discovered on Nord Stream’s pipelines
There are two intrusions into the Swedish economic zone and two more into the Danish one, says Sweden’s coast guard. The Swedish coast guard has said it has discovered a fourth leak on the Nord Stream gas pipelines, which were damaged earlier this week in an alleged sabotage. At first it was believed that the […]
Sweden discovers the fourth Nord Stream leak – media
There are two breaches in each of Stockholm’s and Copenhagen’s economic zones, officials explain The Swedish coast guard has said it has discovered a fourth Nord Stream gas pipeline leak. The key infrastructure was damaged earlier this week in an alleged act of sabotage. At first it was believed that the pipelines on the bottom […]
Sweden considers possible effects of Nord Stream’s “detonation”
Authorities will check whether the gas line explosions affected a power cable connection with Poland Authorities in Sweden are concerned that sabotage on Nord Stream’s gas pipelines this week may have also damaged an important underwater pipeline. SwePol Link delivers electricity between Karlshamn in Sweden and Bruskowo Wielkie in Poland. The cable was shut down […]
Russia says West masterminded the Nord Stream attacks
Spy chief Sergey Naryshkin claims Moscow’s adversaries are trying to cover up sabotaging the pipelines Director of Russia’s Foreign Intelligence Service (SVR) Sergey Naryshkin says there is evidence to suggest that “Western” may have been behind the deactivation of Nord Stream’s underwater pipelines. “We already have some material, which points to a Western trail in […]
Russia says Western traces behind the Nord Stream attacks
Spy chief Sergey Naryshkin claims Moscow’s adversaries are trying to cover up sabotaging the pipelines Director of Russia’s Foreign Intelligence Service (SVR) Sergey Naryshkin says there is evidence to suggest that “the West” may have been behind the deactivation of the Nord Stream underwater pipelines. “We already have some material that points to a Western […]
Pipeline leaks appear to be the result of deliberate action
washington – EU foreign policy chief Josep Borrell said on Wednesday that all indications are that leaks from two Nord Stream natural gas pipelines in the Baltic Sea “are the result of a deliberate act”. “We will support any investigation aimed at getting to the bottom of what happened and why, and will take further […]
Denmark comments on the future of Nord Stream
The damaged Russian gas pipelines will run out by the end of the week, a Danish official has said More than half of all the gas contained in the Nord Stream 1 and Nord Stream 2 pipelines has spilled, the head of the Danish Energy Authority, Kristoffer Boettzauw, told reporters on Wednesday. The pipelines suffered […]
Sweden discovers fourth Nord Stream leak media
There are two breaches in each of Stockholm’s and Copenhagen’s economic zones, officials explain The Swedish coast guard has said it has discovered a fourth Nord Stream gas pipeline leak. The key infrastructure was damaged earlier this week in an alleged act of sabotage. At first it was believed that the pipelines on the bottom […]
Euro falls to new 20-year low after Russia shuts off gas supplies
BERLIN, Germany: After Russia cut off gas supplies running through its main pipeline to Europe this week, the euro fell to a new 20-year low below $0.99, sparking fears of a deepening energy crisis in the region. In recent months, the euro has become increasingly correlated with natural gas prices, falling when the price of […]
Euro drops to 20-year low after shutdown of Nord Stream 1
Financial markets have been rattled by the shutdown of Russia’s Nord Stream 1 gas pipeline, as energy pressure on European economies intensifies as winter approaches. The euro fell to a two-year low this morning in early Monday trading after Russian energy company Gazprom extended the shutdown of its gas pipeline to Germany on Friday night. […]
The Finnish government offers loans and guarantees of up to 10 billion euros to electricity producers
The system would be valid until the end of next year and would offer loans on a case-by-case basis with a repayment period of up to two years on stricter terms than market conditions, the details of which will be clarified on Monday. The government will discuss the proposal in its plenary session today. “Taxpayers’ […]
The Baltic States must increase the capacity for offshore wind power seven times by 2030
COPENHAGEN, Aug. 30 (Xinhua) — The leaders of nations bordering the Baltic Sea agreed on Tuesday to sevenfold their offshore wind power generation by 2030, Danish Prime Minister Mette Frederiksen told reporters here after hosting the Baltic Sea Energy Security Summit. Alongside Denmark, the declaration was also signed by Germany, Estonia, Latvia, Lithuania, Poland, Sweden […]
Natural gas consumption fell significantly in the first half of 2022
According to quarterly data published by the Danish Energy Agency, natural gas consumption fell by almost 30 percent in the first half of 2022 compared to the same period the previous year, while oil and coal consumption increased by 19.4 and 1.1 percent, respectively. The statistics also show that the consumption of renewable energy, including […]
Lintilä: “Unfortunately, bills are the biggest incentive for energy saving”
The government will launch an information campaign at the European Forum in Turku on August 25. The campaign will continue to encourage households to take actions, such as lowering indoor temperatures and reducing showering throughout the fall, for example in connection with the annual energy saving week in October. Some Finnish households are already struggling […]
Sweden lowers next year’s growth forecast amid record inflation
© Provided by Xinhua Record high energy prices this coming winter, rising interest rates and inflation approaching 10 percent will hit the purchasing power of Swedish households, leading to lower business sales and a sharp slowdown in economic growth, the institute stated in its latest economic forecast on Wednesday. STOCKHOLM, Aug. 10 (Xinhua) — The […]
Electricity market forecast: The price will triple by winter, but will collapse next spring
Electricity price forecasts for the upcoming winter are starting to become more precise. Prices are at their peak in the last months of the year. By then, the average price for up to three months will rise to almost 50 cents per kilowatt hour. The most expensive price periods are likely to be much more […]
YLE: The support of the coalition is still exceptionally high
“Kokooma’s support is still at an exceptionally high level,” he summed up Tuomo TurjaResearch Director of Economic Studies. He noted that the party has recently polled at a level not seen since the 2011 parliamentary elections, which marked a shift from a political landscape dominated by three parties to one dominated by four medium-sized parties. […]
