Uniper Reports Huge Loss as Russia Cuts Gas Flows

Uniper, Germany’s largest importer of natural gas, reported a loss of more than 12 billion euros for the first half of the year. The losses were a direct result of having to pay inflated prices...

Uniper Reports Huge Loss as Russia Cuts Gas Flows

Uniper, Germany’s largest importer of natural gas, reported a loss of more than 12 billion euros for the first half of the year. The losses were a direct result of having to pay inflated prices...

Russian state-energy giant Gazprom says European natural-gas prices could climb by another 60% this winter

Benchmark Dutch wholesale natural-gas prices are about five times higher from a year ago as supply has slowed amid the Ukraine war.

Saudi prince made $500M Russia bet at start of Ukraine war

Aug 14 - Saudi Arabia's Kingdom Holding Co., the investment firm controlled by billionaire Prince Alwaleed Bin Talal, quietly invested more than $500 million in three major Russian energy...

a16z invests in Adam Neumann's residential real estate management startup Flow, sources say ~$350M at a $1B+...

WeWork’s founder is going residentialAdam Neumann, the founder of WeWork, whose spectacular rise and fall has been chronicled in books, documentaries and a scripted television series, has a new...

Saudi fund invested $500 million in Russian oil as Ukraine invasion began

Saudi Arabia's Kingdom Holding invested in Russian energy groups Gazprom and Rosneft. Many Western nations have imposed sanctions on Russian energy firms following Russia's invasion of Ukraine....

Futures Slide, Oil Tumbles After Dismal Chinese Data

Futures Slide, Oil Tumbles After Dismal Chinese Data US equity futures stocks were mixed and commodities from oil to iron ore tumbled as the latest round of terrible data from China...

Germans face higher bills as tax aids natural gas importers

BERLIN (AP) — Germans are facing a new tax on natural gas use that could cost the average household several hundred euros a year and is aimed at rescuing importers slammed by Russian cutbacks tied...

Saudi fund invested $500 million in Russian oil as Ukraine invasion began

Saudi Arabia's Kingdom Holding invested in Russian energy groups Gazprom, Rosneft and Lukoil between Feb. 22 and March 22, it said on Twitter on Sunday.

Saudi fund invested $500 million in Russian oil as Ukraine invasion began

Saudi Arabia's Kingdom Holding invested in Russian energy groups Gazprom and Rosneft. Many Western nations have imposed sanctions on Russian energy firms following Russia's invasion of Ukraine....

Saudi Arabia's Kingdom Holdings invested over $500 million in Russian energy companies around the time Russia...

Kingdom Holdings posted details of the transactions into Russian energy companies Gazprom, Rosneft, and Lukoil on Twitter on Sunday.

Qantas to expand domestic freight fleet with six A321 jets

SYDNEY - Qantas Airways Ltd said on Monday it would add six Airbus SE (OTC:EADSY) A321 converted freighters to its domestic fleet to replace five ageing Boeing (NYSE:BA) Co 737s and expand...

Saudi prince made $500mn Russia bet around start of Ukraine war

Kingdom Holding pumped investment into Gazprom, Rosneft and Lukoil as west pushed for sanctions

Saudi Arabia's Kingdom Holding invests in Russian energy companies

Saudi Arabia's Kingdom Holding invested in Russian energy groups Gazprom, Rosneft and Lukoil between Feb. 22 and March 22, it said on Twitter on Sunday.

Gazprom has increased gas supply to Hungary, says official

Russian state-owned firm delivering more gas through TurkStream pipeline than ‘contractually obliged’Gazprom has ramped up flows to Hungary through the TurkStream pipeline that brings gas to...

Alexei Miller, Putin Loyalist and Gazprom CEO, Fights Energy War With Europe

By starving Europe of gas in retaliation for its support for Ukraine, Mr. Miller is potentially committing the state energy giant to a future of subordination to Beijing.

German ex-chancellor Schroeder sues Bundestag to regain privileges -DPA

BERLIN - Gerhard Schroeder, who has become increasingly derided in Germany for his pro-Russian views, has filed a suit against Germany's Bundestag lower house of parliament that seeks to...

E.ON cuts value of Nord Stream 1 stake by more than half

FRANKFURT -E.ON, Europe's largest operator of energy networks, on Wednesday cut the value of its stake in the Nord Stream 1 gas pipeline by around 700 million euros ($715 million), citing...

Deadlock with Russia over Nord Stream gas turbine is not our fault, Siemens Energy CEO says

Siemens Energy says it is ready to return the turbine to Russia after carrying out maintenance work in Canada. Moscow, however, says economic sanctions imposed by the West following the Kremlin's...

Lordstown Motors reports first quarterly profit on asset sale to Foxconn

- Lordstown Motors Corp on Thursday reported its first quarterly profit as the electric-vehicle company benefited from the sale of certain assets including its Ohio assembly line to Taiwanese...

Qorvo Stock Falls on Guide Down, Analysts Expect Headwinds to Continue

By Senad Karaahmetovic Shares of Qorvo are down about 4% in premarket Thursday after the chipmaker lowered guidance for the second quarter. For its first quarter, Qorvo reported an adjusted EPS...

China's Ant Group net profit fell 17.3% in March quarter

SHANGHAI - China's Ant Group on Wednesday logged net profit of 11.38 billion yuan ($1.68 billion) in the quarter to March, down 17.3% from a year earlier, according to Reuters calculations from...

Tennessee sues Walgreens pharmacy chain over opioid distribution

By Steve Gorman - The state of Tennessee sued Walgreens on Wednesday, accusing the retail pharmacy giant of fueling the state's opioid epidemic by willfully flooding the market with an oversupply...

Suspected drones over Taiwan, cyber attacks after Pelosi visit

By Yimou Lee TAIPEI - Suspected drones flew over outlying Taiwanese islands and hackers attacked its defence ministry website, authorities in Taipei said on Thursday, a day after a visit by U.S....

Russia's Gazprom to get 50% of Sakhalin-2 LNG project replacement entity -reports

- Gazprom (MCX:GAZP) will receive 50% of a new Russian entity replacing the Sakhalin Energy liquefied natural gas (LNG) project, Russian news agencies reported on Wednesday, citing a government...

Germany Tells Russia’s Gazprom Its Turbine Is Ready for Pipeline

Germany to Gazprom: Your turbine is ready, let us deliver it. Gazprom says it is ready to deliver a turbine to Germany for the first time. The turbine is expected to be ready by the end of the...

German leader says gas pipeline part is ready for Russia

BERLIN (AP) — German Chancellor Olaf Scholz inspected a mechanical turbine at the center of a natural gas dispute and declared Wednesday “there are no problems” with the part besides information...

The turbine works': Germany's Scholz points finger at Russia in energy row

By Christoph Steitz MUELHEIM AN DER RUHR, Germany -German Chancellor Olaf Scholz on Wednesday said Russia had no reason to hold up the return of a gas turbine for the Nord Stream 1 pipeline that...

Russian state-energy giant Gazprom saw its natural-gas production in July slump to its lowest level since 2008

Gazprom's July output was 774 million cubic meters a day — 14% lower on-month, according to Bloomberg. Output this year so far is 12% lower on-year.

Europe Has Lost The Energy War

Europe Has Lost The Energy War Authored by Thomas Fazi via UnHerd.com, After a decade of financial austerity, is Europe now on the brink of a new age of energy austerity? The city of...

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