Energy prices surged after Russian President Vladimir Putin signed an order to send what he called 'peacekeeping forces' to the two breakaway areas of Ukraine that he officially recognised on Monday. Moneyweb Oil
Energy prices surged after Russian President Vladimir Putin signed an order to send what he called “peacekeeping forces” to the two breakaway areas of Ukraine that he officially recognised on Monday. European natural gas led gains in commodities with as much as 13% rise, helped higher by Germany halting the approval process of the controversial Nord Stream 2 pipeline.
The certification process of the pipeline, which links Russia to Germany bypassing Ukraine, has been on hold since the end of last year as the operator tries to comply with European Union rules as requested by the German energy regulator. German Foreign Minister Annalena Baerbock said Friday that Nord Stream 2 would be part of a sanctions package if Russia invades Ukraine.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Greater urgency required to solve South Africa's energy crisisA revised Integrated Resource Plan is needed, especially in view of the rapid developments in energy-generating technologies. By Hartmut Winkler.
Read more »
Budget 2022: Godongwana expected to allocate to balanced SA Energy Mix and SOEsThe Minister of Finance is not expected to increase Corporate Income Tax and Personal Income Tax in 2022.
Read more »
Oil prices hover around $100/barrel on UkraineUS and European allies are poised to announce new sanctions against Russia as security crisis intensifies
Read more »
Oil prices slightly higher as all eyes remain on UkraineFresh diplomatic efforts to resolve the Ukraine crisis provided some relief from supply concerns that have kept oil prices near $100 a barrel
Read more »
Oil prices barrel towards $100 as Putin's order to send troops into Ukraine fuels fears of disruptionsPutin's recognition of two breakaway regions in Ukraine raises the risk of obstructions to Russian oil and gas shipments.
Read more »
Sasol scraps dividend as weak rand and operational challenges biteSurging energy prices offset poor coal availability and volatility in the group's half year to end-December
Read more »