GAIL net profit falls 46 pc as Russian gas supply snag hurts petchem business

GAIL net profit falls 46 pc as Russian gas supply snag hurts petchem business

GAIL said there was a disruption in liquefied natural gas (LNG) supplies by a former unit of Russia’s Gazprom GAIL said there was a disruption in liquefied natural gas (LNG) supplies by a former unit of Russia’s Gazprom State-owned gas utility GAIL (India) Ltd on Thursday reported a 46 per cent drop in its September […]

Continue Reading
Russia’s Gazprom once again to shut gas pipeline to Europe for three days

Russia’s Gazprom once again to shut gas pipeline to Europe for three days

Russia has blamed the reductions through the pipeline on technical problems but Germany has called the shutoffs a political move by the Kremlin Russia has blamed the reductions through the pipeline on technical problems but Germany has called the shutoffs a political move by the Kremlin A key Russian natural gas pipeline will shut down […]

Continue Reading
European Commission chief Ursula von der Leyen warns of danger of complete cut-off of Russian gas

European Commission chief Ursula von der Leyen warns of danger of complete cut-off of Russian gas

“It is obvious: [Russian President Vladimir] Putin continues to use energy as a weapon. This is why the Commission is working on a European emergency plan,” European Commission chief told legislators in Strasbourg, France. “It is obvious: [Russian President Vladimir] Putin continues to use energy as a weapon. This is why the Commission is working […]

Continue Reading