Gas

Russia set to mothball ruptured Nord Stream pipelines in a sign that Moscow has given up on Europe as a key buyer

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Nord Stream 2 Baltic Sea pipeline
Nord Stream pipelines.

Photo by Bodo Marks/picture alliance via Getty Images

Russian oil revenue has been hurt by effective EU price caps even as Moscow has been resilient with exports, says IEA

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Russian Prime Minister Vladimir Putin and CEO of Russian natural gas giant Gazprom Alexei Miller attend a ceremony to mark the launch of the Sakhalin-Khabarovsk-Vladivostok natural gas pipeline, September 8, 2011 in Vladivostok, Russia.
Russian Prime Minister Vladimir Putin.

Sasha Mordovets/Getty Images

Russia demands the US prove it didn't destroy the key Nord Stream gas pipelines to Europe

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Danish military video of bubbles in Baltic Sea where Nord Stream pipeline leaked.
Danish military video of bubbles in Baltic Sea where Nord Stream pipeline leaked.

Danish Defense Command

Ex-Gazprom official says decades of the Russian gas giant's work has been 'flushed down the toilet', with export revenues expected to halve this year

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Vladimir Putin Gazprom
State-owned energy company Gazprom has slashed the supply of natural gas to Europe.

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American drivers are guzzling less gas as they work from home, in a potential shift for global oil: 'The heyday of gasoline is over'

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A woman holds a pump to the gas tank of a black car.
Americans are consuming less gas than before the pandemic.

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BP stock jumps as the energy giant slows its ambitious pivot to renewables and vows more spending on oil and gas

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BP petrol station in Australia at night
BP petrol station in Australia at night

Alexander Bogatyrev/SOPA Images/LightRocket via Getty Images

Russia's oil and gas revenue crashed by nearly 50% at the start of 2023, leading to a wider budget deficit as Moscow's spending soars

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Russian Prime Minister Vladimir Putin and CEO of Russian natural gas giant Gazprom Alexei Miller attend a ceremony to mark the launch of the Sakhalin-Khabarovsk-Vladivostok natural gas pipeline, September 8, 2011 in Vladivostok, Russia.
Vladimir Putin

Sasha Mordovets/Getty Images

Russia is smashing open its $45 billion piggy bank of Chinese yuan as energy revenue crashes

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Russian President Vladimir Putin meets Chinese President Xi Jinping at BRICS Summit in Brasilia
Russian President Vladimir Putin and Chinese President Xi Jinping.

Mikhail Svetlov/Getty Images

Oil giant Shell says it will spend $4 billion buying back shares, as it reports its highest ever annual profit

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Natural gas shipments
Shell posted its biggest annual profit ever thanks to a strong fourth-quarter performance by its natural-gas business.

LOIC VENANCE/Getty Images

Price caps on Russian fuels could range from $45 to $100 with EU diplomats set to begin negotiations, report says

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Putin
Russian President Vladimir Putin.

MIKHAIL KLIMENTYEV/SPUTNIK/AFP via Getty Images

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