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EU country profiting from Russian gas - Bloomberg

Gazprom supplied all of the agreed-upon volumes to Austria under a long-term contract, the outlet says Austria has become a net energy exporter for the first time in twenty years as stable supplies of Russian natural gas allowed it to sell more electricity than it imported, Bloomberg reported this week.  .....»»

Category: newsSource: philippinetimes philippinetimesFeb 4th, 2024

Germany mulling sale of stake in top gas importer - Bloomberg

Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's main gas importer Uniper, which was bailed out during the energy crisis of 2022, Bloomberg reported on Wednesday, citing people familiar wi.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Germany mulling stake sale in major gas importer - Bloomberg

Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's major gas importer Uniper, which was bailed out during the energy crisis in 2022, Bloomberg reported on Wednesday, citing people familiar w.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

West divided over seizing Russian assets - Bloomberg

France and Germany have warned that outright confiscation would reflect badly on the West's financial system A rift is growing between Western allies over confiscating frozen Russian assets to help Ukraine as they continue to argue over legal ways to use the immobilized funds, Bloomberg reported on Wednesday.  &n.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

Loss of Russian gas has hurt German economy - minister

The country is now in a "particularly" difficult situation, Vice-Chancellor Robert Habeck has warned The German economy has lost its competitive advantage after abandoning Russian gas supplies, Vice-Chancellor and Economy Minister Robert Habeck stated on Wednesday. The EU's top economy benefited from cheap Russ.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

Losing Russian gas has hurt Germany s economy - minister

The country is now in a "particularly" difficult situation, Vice-Chancellor Robert Habeck has warned The German economy has lost its competitive advantage after abandoning Russian gas supplies, Vice-Chancellor and Economy Minister Robert Habeck stated on Wednesday. The EU's top economy benefited from cheap Russ.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

MGen, Aboitiz to invest in Chromite Gas Holdings

Pangilinan-led Meralco PowerGen Corp. has partnered with Aboitiz-owned Therma NatGas Power Inc. to invest in Chromite Gas Holdings, as part of a plan to launch the country’s first and most expansive integrated liquefied natural gas facility in Batangas......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

South China Sea- Beijing Is Gaslighting Manila Over Claims - Bloomberg

South China Sea: Beijing Is Gaslighting Manila Over Claims Bloomberg.....»»

Category: newsSource:  inquirerRelated NewsMar 16th, 2024

Shares of Trump-linked companies rise- Bloomberg

The former president secured a record margin of victory in Iowa's Republican caucus on Monday Shares in companies linked to former US President Donald Trump surged after his first victory in the campaign to reclaim the White House, Bloomberg reported on Tuesday. On Monday, Trump decisively beat his chief rivals.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

Russian car production surged in 2023 - data

The industry has rebounded after a sharp downturn in 2022 Russian factories produced more than 700,000 vehicles last year in what has been a rapid recovery from Western sanctions, Russian Deputy Prime Minister Denis Manturov announced on Monday.    Car production in Russia rose by 16% in 2023, with ov.....»»

Category: newsSource:  philippinetimesRelated NewsJan 16th, 2024

Russian activist and Putin critic Alexei Navalnys demise inside prison – The Daily Guardian

Title: Russian Opposition Leader Alexei Navalny Dies in Jail, Fueling Controversy and Political Turmoil Byline: [Author’s Name] Date: [Date] Word Count: 350 Russian opposition leader.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 16th, 2024

ERC OKs limited use of LNG for Meralco, FGEN

The Energy Regulatory Commission has allowed First Gas Power Corp. and FPG Corp. to use liquefied natural gas as an alternative fuel supply source for the Sta. Rita and San Lorenzo gas plants “in the case of the occurrence of a fuel supply force majeure event.”.....»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

Xinhua world economic news summary at 0900 GMT, March 5

KIEV -- Ukraine stands ready to extend gas transit from Russia if there is a request from the European Union (EU) countries, the Interfax-Ukraine news agency reported Monday, citing Ukrainian Prime Minister Denys Shmyhal. "If the European countries act as a consortium or one of the European partners will act as a transit country for their gas -- we are ready to provide such a service," Shmyhal told a press confe.....»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

US spending $7mn a year on seized Russian yacht

The luxury vessel worth $300 million was arrested in Fiji in 2022    The US government is spending more than $7 million a year to maintain a superyacht it seized from a sanctioned Russian businessman and that it is now seeking to sell, a court filing from Friday showed.   The yacht, named 'Amade.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

MGen, Aboitiz take over Chromite Gas Holdings

Pangilinan-led Meralco PowerGen Corp. has partnered with Aboitiz-owned Therma NatGas Power Inc to take over Chromite Gas Holdings as part of a plan to launch the country’s first and most expansive ......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Government urged to develop natural gas industry

Developing the country’s natural gas industry is critical to driving investments that will enhance national energy security, reduce electricity costs and create more jobs for Filipinos, according to the Senate committee on energy technical working group......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

New Delhi raises target for defense exports

India is set to increase production of aircraft engines and gas turbines, aiming to become a major player in the arms tradeThe Indian government has increased its annual target for defense and aerospace production to $36 billion, while raising the export target to $6 billion. Indian Defense Minister Rajnath Singh said the country aims to increase its production of jet engines and gas turbines to.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 27th, 2024

Taal Volcano back to spewing high-volume of toxic gas

LUCENA CITY, Philippines  – After spewing lower volumes of sulfur dioxide (SO2) for the past five days, Taal Volcano in Batangas province again emitted a high level of toxic gas on Saturday, March 23. A total of 14,287 metric tons (MT) of SO2 from Taal’s main crater was measured over the past 24 hours and.....»»

Category: newsSource:  inquirerRelated NewsMar 24th, 2024

US Condemns Russias Moscow Attack Claims

Russian Investigators Implicate Ukrainian Nationalists in ISIS-K Attack on Concert Hall Near Moscow In a shocking development, Russian investigators have pointed the finger at Ukrainian.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 29th, 2024

Live updates: The funeral of Alexey Navalny, Russian opposition figure – The Daily Guardia

The CNN Films documentary “Navalny,” released in 2022, delves deep into the harrowing story of Russian opposition leader Alexey Navalny’s poisoning and the subsequent fallout......»»

Category: newsSource:  thedailyguardianRelated NewsMar 2nd, 2024

Russia using thousands of SpaceX Starlink terminals in Ukraine, WSJ says

Russian troops in Ukraine are using thousands of Starlink satellite communications terminals made by Elon Musk’s SpaceX, the Ukrainian military intelligence chief told the Wall Street Journal in an interview published on Thursday. Lieutenant General Kyrylo Budanov said that Russian troops have been communicating over the Starlink system “for quite a long time” and acquired.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024