General – Russia/Ukraine
Oil and gas giant BP has announced it will exit its 19.75% share in Russian state oil firm Rosneft, including the removal of Rosneft dividends from its financial results.
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Oil and gas giant BP has announced it will exit its 19.75% share in Russian state oil firm Rosneft, including the removal of Rosneft dividends from its financial results.
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No deliveries of nuclear fuel from Russia to Vattenfall’s nuclear power plants will take place until further notice.
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Germany on Tuesday halted the Nord Stream 2 Baltic Sea gas pipeline project, designed to double the flow of Russian gas direct to Germany, after Russia formally recognised two breakaway regions in eastern Ukraine.
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U.S. officials have told members of Congress they have an understanding with Germany about shutting down the Nord Stream 2 natural gas pipeline if Russia invades Ukraine, a senior congressional aide told Reuters last Tuesday.
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To integrate with the EU energy market, Ukraine needs to implement European rules and increase the flexibility of its power system.
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