No Data
No Data
Market Chatter: Update: Orlen Warns of Payment Seizures Over Gazprom Losses
(Updates to include a statement from Orlen) Polish energy company Orlen (PKN.WA) sent warning letters to three gas companies that it may seize their payments for imports from Russia's Gazprom (GAZP.ME
Uniper Terminates Long-term Gazprom Contracts After Arbitration Ruling
Uniper (UN01.F) terminated its long-term gas supply contracts with Russia's Gazprom (GAZP.ME) unit Gazprom Export following a recent arbitration tribunal decision. Following the ruling, the German uti
Uniper Awarded €13 Billion in Damages From Losing Russia Gas
Uniper SE was awarded more than €13 billion ($14 billion) in damages for Russian gas volumes not supplied by Gazprom PJSC since mid-2022, raising uncertainty in the market over remaining flows to Europe.
Deutsche Bank to Assess Impact of Gazprom Claim on Russian Operations
Deutsche Bank (DBK.F) said it will assess how Russian courts are implementing a claim from Gazprom (GAZP.ME) and its immediate impact on the German bank's operations in the country. In a statement to
Overnight news: Bitcoin broke a record high, Tesla's German factory stopped production due to a fire, and Musk raged the culprit Greggs and became the king of the British breakfast market
For more global financial information, please follow the 7×24 hour real-time financial news market closing: US stocks plummeted, the Dow fell more than 400 points, Apple led the top 20 in US stock turnover on March 5: Environmentalists set fire to the Tesla factory. Musk called it “extremely foolish”, popular Chinese securities fell more than 6% on Tuesday, Tencent Music fell more than 6%, and US WTI crude oil closed down 0.7% for the second day, falling 0.7% for the second day. New York gold futures broke through 2,100 interest rate cut expectations and the situation in the Middle East boosted most European stocks closed down 0.45 percent Macro Federal Reserve hand
Ukraine has closed the door for Russian gas to transit through the country and into Europe
Ukraine's top energy officials are not considering any commercial agreement that would allow Russian gas to continue to transit through the country to Europe. Existing transit agreements will expire at the end of the year. The EU and Ukraine have previously said they will not renegotiate existing contracts, but some market participants are optimistic about the possibility of exporting to the EU through commercial deal agreements. Ukrainian Energy Minister German Galushchenko appeared to have crossed out this option on Tuesday. “I don't see this possibility,” he said in an interview with the International Atomic Energy Agency in Vienna. “There are currently no possible solutions.