Uniper lost €19.1bn due to undelivered Russian gas

Germany’s largest gas importer suffered a loss before interest and taxes of around €10.9 billion last year as it was put in an “extremely difficult” situation

EU ban on Russian diesel and oil products comes into force

The President of the European Commission has hinted at the introduction of more sanctions later this month

Germany urged to create a national gas reserve

The head of the country’s network regulator has said there are gas supply worries that need to be addressed for the coming winter season 2023/24

EU gas price cap could lead to ‘abrupt market changes’

The planned natural gas price cap across Europe has not affected markets so far, according to a report

Peace needed for climate action, says President Zelensky

Ukraine’s Volodymyr Zelensky told the UN’s COP27 climate summit that Russia’s war has destroyed nearly five million acres of forests in less than six months

France sends Germany gas for first time amid energy crisis

Germany could get up to 100GWh gas per day from France

Vladimir Putin: Russia could resume gas supplies to EU through Nord Stream 2

Putin has said Russia has no responsibility for the skyrocketing global energy prices

Energy crisis: “Winter 2023 will be more difficult”

Michael Bradshaw, Professor of Global Energy has highlighted on FNZ the need for a public campaign to help people to save energy in the coming months

‘Growing number of business insolvencies reflects the stress they have been put under’

Total company insolvencies in England and Wales in the second quarter reached their highest quarterly level since 2009, official data shows

UK imported ‘no oil, gas or coal from Russia in June’

It is the first time on record that the UK has not imported any fuel from Russia