Russia signs up to vast new China pipeline but price unclear

September 2, 2025 6:16 PM

Russia signs up to vast new China pipeline but price unclear

Russia agreed to supply more natural gas to China and signed a memorandum on building the vast Power of Siberia 2 pipeline, but has yet to agree on pricing for one of the world's most expensive gas projects, Gazprom said on Tuesday. The "no limits" partnership between China, the world's biggest consumer of energy, and Russia, the world's biggest producer of natural resources, has strengthened since the West imposed sanctions to punish Russia for the war in Ukraine. By deepening ties with his "...

Russia halts gas exports to Europe via Ukraine

January 1, 2025 11:36 AM

Russia halts gas exports to Europe via Ukraine

Russia's energy giant Gazprom said on Wednesday that gas exports via Ukraine to Europe had been halted from 08:00 Moscow time (0500 GMT) as the transit deal has expired. The shutdown of Russia's oldest gas route to Europe ends a decade of fraught relations sparked by Russia's seizure of Crimea in 2014. Russia still exports gas via the TurkStream pipeline on the bed of the Black Sea. The European Union redoubled its efforts to reduce its dependence on Russian energy after the outbreak of the m...

Russia evacuates another border region amid growing threat from Ukrainian units

August 12, 2024 3:20 PM

Russia evacuates another border region amid growing threat from Ukrainian units

Russia on Monday evacuated civilians from parts of a second region next to Ukraine after Kyiv increased military activity near the border just days after its biggest incursion into sovereign Russian territory since the start of the 2022 war. Ukrainian forces rammed through the Russian border last Tuesday and swept across some Western parts of Russia's Kursk region, a surprise attack that may be aimed at gaining leverage in possible ceasefire talks after the U.S. election. Apparently caught by ...