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Protestors target Uniper because of cooperation with Russia

Facebook ·  14 July 2022

Dozens of protesters gathered on Thursday, July 14th in Dusseldorf near the headquarters of the German company Uniper, demanding it stops doing business with Russia immediately and, therefore, stop funding the terrorist country that is killing Ukrainians and destroying the country’s infrastructure.

The protest, organized by the local Ukrainian community, included placards reading “Uniper! Stop Bloody Energy”, as well as empty children’s shoes symbolizing the 349 killed Ukrainian children killed by Russia to date in this illegal war.

Germany to stop buying Russian coal on Aug 1, oil on Dec 31

Reuters ·  13 July 2022

Germany will completely stop buying Russian coal on Aug. 1 and Russian oil on Dec. 31, marking a major shift in the source of the country’s energy supply, Joerg Kukies, state secretary in the German federal chancellery, said at a conference in Sydney.

Russian oil PR, advertising consultants named in new Canadian sanctions

Global News ·  09 June 2022

Advertising and public-relations agencies have been banned for working for Russian oil and gas firms as part of a new wave of sanctions designed to increase pressure on the Putin regime.

The latest round of sanctions following Russian President Vladimir Putin’s invasion of Ukraine includes a ban on the export of services, including engineering and accounting, to Russia’s oil, gas and chemical industry.

The new sanctions outlaw 28 types of Canadian consultants, including technical and management consultants and advertising agencies, from working for Russia’s oil, gas and chemical sector, which accounts for about 50 percent of the country’s revenues.

Stop Bloody Energy: activists hold rally in Davos against the energy business, which continues to work with Russia

EU Today ·  26 May 2022

Dozens of activists from Ukraine and Europe within the Stop Bloody Energy initiative held a rally in Davos against the energy business, which continues to operate in Russia. Russia has unleashed the most brutal and bloodiest war of the 21st century. Russia has been destroying Ukraine for three months.

Tens of thousands of people were killed, and hundreds of towns and villages were destroyed. Nevertheless, Russia continues to receive funding to continue the bloody war. Since February 24, the country has received more than 63 billion euros for the sale of its energy resources alone.

Equinor exits Russia joint ventures, transfers assets to Rosneft

Reuters ·  25 May 2022

Norway’s Equinor said on Wednesday, May 25th, it has exited its Russian oil and gas joint ventures due to the war in Ukraine, transferring assets to state-owned Rosneft.

At the World Economic Forum, Ukrainians will call on the world to stop investing in killing their countrymen

Facebook ·  24 May 2022

On May 24, action against the energy businesses, which continue to work with the Russian Federation, will be held in Davos.

At the World Economic Forum, Ukrainians will call on the world to stop investing in killing their citizens. Within the framework of the event, a performance by Ukrainian artist Dariya Koltsova, “The Last Lullaby” will take place. Another part of the #StopBloodyEnergy campaign will be the “Time to Choose Your Own Path” art initiative.

As organisers of the #StopBloodyEnergy action, we emphasise that the world must end this war through complete cessation of cooperation with russia. If not done today, tomorrow this may lead to war spreading far beyond Ukraine. Each of us is in russia’s crosshairs. Deprive them of their weapons – stop investing in the war!

Date: May 24, 2022
Time: 10:30–19:00
Performance time of Dariya Koltsova: 11:00–12:30, 14:00–16:00, 18:00–19:00
Location: Davos, street near Economic Forum

Swiss pumpmaker Sulzer to sell Russia business

Reuters ·  24 May 2022

Swiss engineering group Sulzer has put its Russia business up for sale, joining the exit from the market hit by Western sanctions over Moscow’s invasion of Ukraine. The sales process will begin immediately, it said on Tuesday without providing further detail. A spokesperson said all options were open, including a buyout by local management.

Cargoes of Russia’s flagship crude oil at sea climb to record high

Reuters ·  24 May 2022

Some 62 million barrels of Russia’s flagship Urals crude oil, a record amount, are sitting in vessels at sea, data from energy analytics firm Vortexa showed, as traders struggled to find buyers for the crude.

Poland ends deal to receive Russian gas after rouble dispute

Reuters ·  23 May 2022

Poland said on Monday it had terminated its agreement with Russia to receive Russian gas via the Yamal pipeline, after Warsaw rejected a demand to pay for the fuel in roubles and Moscow responded by cutting off supplies in April.

No more Russian oil, gas and electricity imports in Lithuania from Sunday

Ministry of Energy of the Republic of Lithuania ·  20 May 2022

Nord Pool has decided to stop trading Russian electricity from its only importer in the Baltic States Inter RAO. It means that as of Sunday, Lithuania will have completely cut import of Russian energy supplies, i.e. oil, electricity or natural gas.

Finland Loses Main Gas Supply After Refusing Payment in Rubles

Bloomberg ·  20 May 2022

Finland is the third European country to lose gas from Russia after refusing to pay for the fuel in rubles. Flows on a main pipeline from the region’s top supplier were halted in the early hours of Saturday, according to a filing by Finnish importer Gasum Oy. Poland and Bulgaria had their taps turned off last month for the same reason.

Yellen Says Secondary Sanctions on Russia Oil Discussed at G-7

Bloomberg ·  19 May 2022

Treasury Secretary Janet Yellen said officials have discussed secondary sanctions and other ways to limit Russia’s oil revenues while minimizing the impact on energy prices during a meeting of finance ministers from the Group of Seven countries.

EU plans 300-billion-euro investment to quit Russian fossil fuels

Reuters ·  18 May 2022

The European Union intends to mobilise up to 300 billion euros of investments by 2030 to end its reliance on Russian oil and gas, European Commission President Ursula von der Leyen said on Wednesday.

EU Says Opening Ruble Accounts for Russian Gas Breaks Sanctions

BNN Bloomberg ·  17 May 2022

The European Union said that gas companies would violate sanctions if they open bank accounts in rubles to buy Russian gas, but can still purchase the fuel if they follow the bloc’s guidance.

Ukraine’s electricity will help the EU to replace 17% of russian gas exports

Mind ·  16 May 2022

It was reported that Ukraine has submitted its proposals to the REpowerEU strategy, which envisage practical steps to use the export capacity of the Ukrainian energy system.

Russia Oil Revenue Up 50% This Year Despite Boycott, IEA Says

Bloomberg ·  13 May 2022

Russia’s oil revenues are up 50% this year even as trade restrictions following the invasion of Ukraine spurred many refiners to shun its supplies, the International Energy Agency said.

Shell to Sell Russian Retail Stations, Lubricant Business to Lukoil

The Wall Street Journal ·  12 May 2022

Shell has agreed to sell its Russian retail-station and lubricants business to oil giant Lukoil PJSC, the latest Western company to find a local buyer for its planned Russia exit.

Finnish utility Fortum to quit Russia

Reuters ·  12 May 2022

Finland’s Fortum will exit Russia and is looking for a buyer for its assets there, the utility said on Thursday, as the country flagged an application to join NATO in a move that drew an angry response from the Kremlin.

EU Drafts $205 Billion Plan to Wean Itself Off Russian Fuels

Bloomberg ·  11 May 2022

The European Union’s executive arm is set to bolster renewables and energy savings goals as part of a 195 billion-euro ($205 billion) plan to end its dependency on Russian fossil fuels by 2027.

Bulgaria expects US gas at prices lower than Gazprom’s

BGNES News Agency ·  11 May 2022

Bulgaria’s Premier Kiril Petkov met with United States Vice President Kamala Harris in Washington. During the talks in the White House, the two parties have negotiated deliveries of liquefied natural gas to Bulgaria at prices lower than Gazprom’s. Gas deliveries are to start in June, the government’s press service announced.

EU drafts plans to send cash to Hungary if Orbán agrees to Russian oil ban

Politico ·  10 May 2022

EU officials are considering offering financial compensation to Hungary in an attempt to persuade Prime Minister Viktor Orbán to sign up to the bloc’s proposed sanctions on Russian oil.

Japan’s Fumio Kishida agrees to Russian oil imports embargo “in principle”

CNN ·  08 May 2022

Japan will embargo Russian crude oil imports “in principle”, as part of a G7 decision to counter Russia’s invasion of Ukraine, Japanese Prime Minister Fumio Kishida said after an online meeting of G7 leaders on Sunday.

Finland Is Severing Oil Ties With Russia, Trade Data Show

Bloomberg ·  06 May 2022

Finland managed to cut the amount of oil it imports from Russia just after the invasion of Ukraine started in late February.

Germany ramps up capacity for LNG imports to replace Russian gas

Reuters ·  05 May 2022

Germany took steps to ramp up liquefied natural gas (LNG) imports on Thursday as it moves away from piped Russian supply, renting four floating storage and regasification units (FSRUs) and choosing the North Sea port of Wilhelmshaven as the first handling hub.

Finland is prepared for Russia cutting its gas supplies, says minister

Reuters ·  05 May 2022

Finland is prepared for the possibility of its eastern neighbour Russia cutting off its gas deliveries, a government minister told Reuters, ahead of the Nordic country’s decision on whether to join NATO.

Italy aims to be independent from Russian gas by second-half 2024 — minister

Reuters ·  03 May 2022

Italy aims to cut off its dependence on Russian gas by the second half of 2024, Italy’s Ecological Transition Minister Roberto Cingolani said in an interview published on Tuesday.

EU Plans to Court Africa to Help Replace Russian Gas Imports

Bloomberg ·  02 May 2022

The European Union will seek to step up cooperation with African countries to help replace imports of Russian natural gas and reduce dependence on Moscow by almost two-thirds this year.

Austria throws support behind embargo of Russian oil

The Local ·  02 May 2022

Energy Minister Leonore Gewessler told reporters that the country is prepared to support a European Commission decision on further sanctions, including an embargo of Russian oil.

EU oil embargo against Russia is approaching

ZDF Heute ·  02 May 2022

An embargo for Russian oil in the EU is becoming more and more likely: According to ZDF information, countries like Hungary and Austria are now moving away from their veto.

India’s Tata Steel shuns Russian coal

Financial Times ·  01 May 2022

Tata Steel, the largest Indian importer of Russian coal in the first quarter of the year, will stop buying the commodity in a sign that Vladimir Putin’s invasion of Ukraine has made it more perilous to do so.

Gazprom’s Gas Exports Drop as Buyers Turn to Spot Volumes

Bloomberg ·  01 May 2022

Gazprom PJSC’s daily natural-gas sales to key foreign markets slipped to the lowest in three months in April as customers turned to cheaper supplies on the spot market amid mild weather and a wave of LNG.

Protestors target Engie because of cooperation with Russia

Facebook ·  29 April 2022

Well over 100 protesters gathered on Friday 29 April at Paris at the headquarters of the French company Engie to demand the termination of gas contracts with Gazprom in Russia and, therefore, to stop funding a terrorist country that is killing Ukrainians and destroying the country’s infrastructure. The protest, organised by the Union of Ukrainians, included placards reading “Engie! Stop Bloody Energy” with participants covered in red paint.
Volodymyr Kogutyak, coordinator of the action and a representative of the Association of Ukrainians in France, said, “Engie, Gazprom’s main partner in the French market, currently has five long-term contracts for the supply of Russian gas. Despite the full-scale Russian aggression in Ukraine, which has been going on for more than two months, Engie has not yet announced the termination of existing contracts with Russia. In cooperation with Gazprom, Engie finances the terrorist country, helping the murder of Ukrainian children and women, the destruction of Ukrainian cities.”

EU energy groups prepare to meet Vladimir Putin’s terms for Russian gas

Financial Times ·  28 April 2022

Germany’s Uniper and Austria’s OMV plan to use rouble accounts for payments while Eni of Italy weighs options.

Shell tightens restrictions on Russian oil buying

Reuters ·  27 April 2022

Shell last month said it would phase out buying Russian crude and its involvement in all Russian hydrocarbons from oil to natural gas, after facing an uproar over buying a Russian crude cargo in the days following Moscow’s invasion of Ukraine.

Germany ‘very, very’ close to independence from Russian oil

Euractiv ·  26 April 2022

Thanks to efforts to diversify oil suppliers and with support from the Polish government, Germany is days away from being independent of Russian oil, Vice-Chancellor Robert Habeck said.

Russia Tried to Sell a Huge Slug of Oil. Nobody Wanted It.

The Wall Street Journal ·  26 April 2022

Russia failed to sell a huge batch of oil, a sign that soon-to-be imposed sanctions against its state oil giant are playing havoc with the energy industry that undergirds its bruised economy.

Poland and Bulgaria braced for halt to Russian gas supplies

Financial Times ·  26 April 2022

State energy groups in Warsaw and Sofia say Gazprom has warned of threat to flows.

U.S., EU Are Looking at Ways to Slash Putin’s Oil Money

Bloomberg ·  22 April 2022

U.S. officials and the European Union are in talks over steps the EU could take to restrict oil imports from Russia and cut the income that Moscow makes from sales, according to people familiar with the matter.

Turkey Nears Landmark LNG Loan in Shift From Russian Natural Gas

Bloomberg ·  21 April 2022

Turkey and Deutsche Bank AG are in the final stages of talks for a pioneering 1 billion-euro ($1.1 billion) loan to finance liquefied natural gas purchases that will reduce the country’s reliance on Russian imports.

Germany will end oil imports from Russia by year end, says minister

Reuters ·  20 April 2022

Germany will stop importing oil from Russia by the end of the year said German Foreign Minister Annalena Baerbock after a meeting with her Baltic counterparts.

French President Emmanuel Macron Vows to Exit Oil, Coal, Gas

Hart Energy ·  18 April 2022

President Emmanuel Macron promised on April 16 to make France the “first great nation” to stop using oil, coal and gas as energy sources.

Germany ‘open to Russian oil ban’ as pressure grows on Berlin over energy embargo

The Telegraph ·  15 April 2022

While gas remains a sticking point, the country ‘indicated an awareness that oil will probably be part of a sixth package’ of sanctions.

Europe Reluctantly Readies Russian Oil Embargo

The New York Times ·  14 April 2022

Officials are drafting a phased import ban on Russian oil products, but the measure won’t be floated until after the second round of the French elections at the earliest.

Germany rejects EU oil embargo on Russia at the moment

Reuters ·  13 April 2022

Germany rejects a European Union ban on Russian oil at the moment and continues to oppose payments in rouble for Russian energy.

Russian imports have plunged on the back of the Ukraine War — but revenue from its oil and gas exports has more than made up for it

Business Insider ·  12 April 2022

Russia has reported its largest current account surplus in around three decades, as revenue from the country’s oil and gas exports surged, Bloomberg records show. The surge in oil and gas exports came as imports plunged on the back of sweeping sanctions over the Ukraine war.

Ukraine working on oil and gas embargo mechanisms for Russia

Interfax ·  12 April 2022

The Ukrainian side is working on creating a sanctions model that will stop Russian aggression and destroy the Russian Federation economically, Andriy Yermak, head of the President’s Office, has said.

Russian oil embargo could be part of next EU sanctions package

Euractiv ·  11 April 2022

The European Union’s executive is drafting proposals for an EU oil embargo on Russia, the foreign ministers of Ireland, Lithuania and the Netherlands said on Monday (11 April), although there is still no agreement to ban Russian crude.

Full embargo on oil could stop war — ex-Putin aide

BBC ·  10 April 2022

A “real embargo” on Russian energy by Western countries could stop war in Ukraine, President Putin’s former chief economic adviser has suggested.

Komatsu’s suspension of shipments to Russia and production in Russia

Komatsu Official SIte ·  08 April 2022

As a humanitarian assistance effort for those affected by the Ukrainian situation, Komatsu is going to donate EUR 1 million to a support organization. Additionally, Komatsu is planning to solicit cash contributions from our employees.

Europe turns its back on Russian coal. Is oil next?

CNN ·  08 April 2022

European leaders have agreed to phase out Russian coal imports as part of a new package of sanctions triggered by evidence of atrocities in Bucha, Ukraine. An oil embargo could be next.

MEPs demand full embargo on Russian imports of oil, coal, nuclear fuel and gas

European Parliament ·  07 April 2022

In a resolution adopted with 513 votes to 22 and 19 abstentions on Thursday, MEPs call for additional punitive measures, including “an immediate full embargo on Russian imports of oil, coal, nuclear fuel and gas”.

Russia Coal and Oil Paid for in Yuan Starts Heading to China

Bloomberg ·  07 April 2022

Russian coal and oil paid for in yuan is about to start flowing into China as the two countries try to maintain their energy trade in the face of growing international outrage over the invasion of Ukraine.

China state refiners shun new Russian oil trades, teapots fly under radar

Reuters ·  07 April 2022

China’s state refiners are honouring existing Russian oil contracts but avoiding new ones despite steep discounts, heeding Beijing’s call for caution as western sanctions mount against Russia over its invasion of Ukraine, six people told Reuters.

Who is buying Russian crude oil and who has stopped

Economic Times by India Times ·  06 April 2022

India and China, which have refused to condemn Russia’s actions, continue to buy Russian crude. Lured by steep discounts following Western sanctions on Russian entities, India has bought at least 13 million barrels of Russian crude oil since late February.

Check out this list of companies who are apparently still trading with Russia!

Twitter ·  05 April 2022

Baroness Meyer about Stop Bloody Energy.

It is time to curb imports of Russia’s gas

Financial Times ·  05 April 2022

Adding it to the list of embargoed products would make life as difficult as possible for Vladimir Putin.

Slovakia will stay united with EU against Russian gas payment demands, PM says

Reuters ·  04 April 2022

Slovakia will act in unison with the European Union against Russia’s gas payments demands, Prime Minister Eduard Heger said after a minister raised the option of paying in roubles if necessary to keep gas flowing.

Russia says it received $3.6 billion less than it forecast from March oil and gas sales, suggesting the Ukraine war and Western sanctions hit exports

Business Insider ·  03 April 2022

Russia made considerably less money than forecast from oil and gas sales in March, suggesting that the Kremlin underestimated the impact of the Ukraine war.

Lithuania severs Russian gas imports, encourages EU to follow suit

Financial Times ·  03 April 2022

Lithuania says it has cut itself off entirely of gas imports from Russia, apparently becoming the first of the European Union’s 27 nations using Russian gas to break its energy dependence upon Moscow.

Ukraine war: How reliant is the world on Russia for oil and gas?

BBC ·  02 April 2022

President Vladimir Putin has threatened to cut gas supplies to “unfriendly” countries if they don’t start paying for gas imports in Russian roubles. The US, EU, and UK placed restrictions on oil and gas imports from Russia after it invaded Ukraine in February.

IEA publishes 10-point plan to reduce EU reliance on Russian gas

International Energy Agency ·  31 March 2022

Measures implemented this year could bring down gas imports from Russia by over one-third, with additional temporary options to deepen these cuts to well over half while still lowering emissions, the International Energy Agency (IEA) said in a 10-point plan released on 3 March.

ArcelorMittal Removes Russian Materials From Steel Supply Chain

Bloomberg ·  22 March 2022

ArcelorMittal SA, Europe’s biggest steelmaker, has eliminated Russian commodities from its supply chain following the invasion of Ukraine.