Europe Energy Crisis: Germany Takes Control of 3 Rosneft Oil Refineries
Germany said the seizure "counteracts the impending threat to the security of the energy supply" after Russia slashed natural gas supply to Europe.
Source: businessinsider.com
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New Gazprom Plant Is Shipping Its First LNG Cargo to Greece: Bloomberg
Greece currently has only one LNG facility that supplies the Greek market, as well as Bulgaria — also an EU country — and North Macedonia.
Source: businessinsider.com
Fear of Russian Reprisal Could Hold Back EU Gas Price Cap
Some EU members are worried Moscow will completely shut down all gas flows to Europe, while others say a cap on only Russian gas won't bring prices down.
Source: businessinsider.com
Russia Will Respond to Oil Price Caps by Shipping Crude to Asia: Report
"Any actions to impose a price cap will lead to deficit on (initiating countries') own markets and will increase price volatility," Russia said.
Source: businessinsider.com
Russia Just Said It Won't Sell Oil to Countries That Try to Impose a Price Cap
"If they impose it, we simply will not supply our oil and oil products," Russian Deputy PM Alexander Novak said of G7 plans for a crude price cap.
Source: businessinsider.com