This week US Secretary of State Antony Blinken announced the US is prepping more aid to the Ukrainian government, particularly focusing on propping up its devastated energy infrastructure, but also for the first time unveiling that the tiny country of Moldova will be receiving significant aid for its failing energy grid. “We know that standing up for Ukraine means accepting difficult costs, particularly... 

The move comes after Finland’s state energy company failed to comply with Moscow’s ruble payment demand Russia has halted natural gas deliveries to Finland after state energy wholesaler Gasum failed to make a required payment in rubles, the Finnish gas system operator Gasgrid Finland said on Saturday. “Gas imports through Imatra entry point have been stopped,” the statement read. Russia’s... 

After European nations imported the most gas from Russian sources yesterday in months, scrambling to stock up on supplies as Russian President Vladimir Putin’s deadline to either pay for gas in rubles (or be cut off) came and went, Russian gas giant Gazprom has officially halted all deliveries to Europe via the Yamal-Europe pipeline, a critical artery for European energy supplies. Instead of flowing... 

Bulgaria will not negotiate a new natural gas contract with Russia’s state-owned energy giant Gazprom, amid the ongoing conflict between Moscow and Kiev, the country’s Deputy Prime Minister Assen Vassilev said Saturday. “In this situation, there’s no way there are talks with Gazprom,” he told BNR public radio. The country currently has a 10-year gas supply contract with Gazprom, which runs... 

It seems that Russia has lost its influence in Argentina after the rise of pro-Western President Mauricio Macri to power. All of a sudden, Macri announced the continuation of strategic cooperation with Russia, and opened the doors of the country for such Russian state-run giants of the atomic and gas industries as Rosatom and Gazprom. After leftist forces left the governments of Argentina and Brazil,... 

Moscow wants Kiev to pay interest daily on its $3 billion defaulted bond, Bloomberg reports after viewing court documents. Ukraine failed to pay the debt on December 20 and the penalty fee has grown to about $66.3 million as of Friday. The Kremlin refused to take part in the $15 billion debt restructuring Ukraine reached with its foreign creditors in 2015. Russia wanted Ukraine to recognize the debt... 

Russia’s gas giant, Gazprom, has announced that it is halting natural gas supply to the war-stricken Ukraine after pricing talks between two neighbors failed. “Ukraine did not pay for July gas supplies,” Gazprom chief, Alexei Miller, said in a statement on Wednesday, adding, “Gazprom has halted gas supplies to Ukraine from 10 a.m. (0700 GMT) July 1.” The Russian official... 

Vladimir Putin has been silent lately. But if anyone thought he had been shamed into defeat or marginalized, then think again. In the last few hours Russia has announced two key strategic decisions that show they are not going to stand idly by while their economy and way of life are destroyed by Western forces. First, presumably in response to stiff sanctions leveled by the United States and the European... 

The picture shows Opel’s production plant in Ruesselsheim, Germany. A new poll shows German firms doing business in Russia are suffering from the Western sanctions against Moscow, with hundreds of the companies suspending or cancelling projects. The survey published on Friday by the German-Russian Chamber of Commerce showed 58 percent of the German firms polled said they had been affected by... 

With the end of the South Stream project, Russia will have to adapt to a new market where it will not provide gas delivery to end users, Aleksey Miller, the head of Gazprom said in an interview confirming South Stream will not be resumed. Russia’s Gazprom energy giant has given up the long-cherished South Stream gas pipeline to Europe because of the EU blocking its realization with the Third Energy... 

Russia’s state-owned gas company Gazprom has warned European countries that it will limit natural gas supplies if they resell the natural gas to Ukraine. The company’s CEO Alexey Miller announced after Gazprom’s annual shareholders’ meeting on Friday that it is closely monitoring the situation and may curb supplies to nations that pump the Russian gas to Ukraine through reverse flow. “Our... 

Russia has set a deadline for Kiev to pay part of its debt to Moscow or the flow of Russian gas to Ukraine will be halted. The acting Kiev government has until June 3 to pay part of its debt or face cuts in natural gas supplies from Russia. According to Russia’s Gazprom CEO Alexey Miller, with last month’s consumption included, Ukraine’s debt will rise to USD 5.2 billion by June 7. Russia has... 

​Russia and China are set to sign a long-awaited 30-year gas contract during a two-day meeting, when Russian President Vladimir Putin visits Shanghai on May 20-21. Gazprom, Russia’s largest natural gas producer, and China National Petroleum Corporation (CNPC) are set to sign a gas deal that will send 38 billion cubic meters of natural gas a year eastward to China’s burgeoning economy, starting... 

Hunter Biden Hunter Biden, son of US VP Joe Biden, is joining the board of directors of Burisma Holdings, Ukraine’s largest private gas producer. The group has prospects in eastern Ukraine where civil war is threatened following the coup in Kiev. Biden will advise on “transparency, corporate governance and responsibility, international expansion and other priorities” to “contribute to the economy... 

Ukraine’s interim Prime Minister Arseniy Yatsenyuk Ukraine has accused Russia of stealing energy resources in Crimea and threatened to take Russia to court over its recent gas price increases. On Tuesday, Ukraine’s interim Prime Minister Arseniy Yatsenyuk said that the Ukrainian government would take Russia to court unless it agreed to a gas supply contract based on market prices. He also said...