Druzhba pipeline leak reduces Russian oil flow to Germany

Poland discovered a leak late Tuesday Poland says the leak is likely accidental rather than sabotage Germany says its supplies of crude oil are sufficient Schwedt refinery serving Berlin has few alternatives WARSAW (Reuters) – Germany said on Wednesday it was receiving less oil but still had enough supplies after Poland found a leak in … Read more

EU gas prices rise after Russia halts Nord Stream flows

Pipes at the landing facilities of the gas pipeline “Nord Stream 1” taken in Lubmen, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/File Photo Register now to get free unlimited access to Reuters.com Register The price of European gas has increased by about 400% from last year EU countries launched emergency gas plans Unrest hampers EU efforts … Read more

Analysis: Forget showering, it’s eating or heating up for shocked Europeans who have an energy crisis

The share of energy in household spending has reached record levels in Europe Higher bills force households to reduce energy use The crisis in Europe looks worse than in other advanced economies LONDON (Reuters) – No more ironing, limited oven and showers at work – Europeans are trying to cut their energy consumption but bills … Read more