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A NATO commander says sea cables and pipelines holding sensitive materials are vulnerable. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementImportant deep sea cables and pipelines are at risk, warns NATO's Allied Maritime Command's deputy commander Vice Adm. Didier Maleterre. We need to be protected and well supplied by our vital undersea infrastructures," Maleterre told the Guardian on April 16. He said that "Russia is clearly taking an interest in NATO and NATO nations' undersea infrastructure."
Persons: , Adm, Didier Maleterre, Maleterre Organizations: NATO, Service, Command's, Guardian, Washington Post Locations: Russia, Russian, Ukraine, Moscow, Canada, Europe, Estonia, Finland, Norwegian, Germany
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEnergy security means affordable and reliable supplies: S&P Global's Dan YerginDan Yergin, S&P Global vice chairman, joins 'The Exchange' to discuss energy security, whether there's a need to rebuild the Nord Stream pipeline, and more.
Persons: Dan Yergin Dan Yergin Organizations: Email Energy, P Global
According to Peach, sanctions haven't halted money from non-Western countries flowing to Russia. Even G7's bid to curb export income through a $60 per barrel cap on the price of oil hasn't really hobbled Moscow's oil trade. The West has reduced imports of Russian energy significantly but Russia has largely re-routed oil exports to Asia." Peach wrote that the West could squeeze Russian energy more by slapping secondary sanctions on third-party purchases of oil and gas from the country. AdvertisementBut it's unlikely for the West to take this path, he added, given Russia's energy dominance and the risk of sparking volatility that could end up antagonizing partners like India.
Persons: , Vladimir Putin, Owen Matthews ,, Putin, Liam Peach, Peach, Matthews, Russia mobilizes Organizations: Service, Business, Capital Economics, Export, Central Bank of Russia, Russia, China Goods Trade, SA Locations: Ukraine, Moscow, Russia, Nord, Turkey, UAE, Asia, Europe, Russian, China, Dubai, American, India
A well in Kazakhstan leaked 140,000 tons of methane into Earth's atmosphere in 2023, scientists say. Methane is estimated to be about 28 times more potent than carbon dioxide in global warming. AdvertisementThat amount of methane is equal to emissions from 791,318 gas-powered cars being driven over a year, per the Environment Protection Agency website's calculators. They detected 115 methane emissions over the six months of the Kazakh leak, their analysis said. AdvertisementBuzachi Neft, the operator of the well, denied to the outlet that such a vast amount of methane was leaked, saying only a "negligible" amount was released.
Persons: it's, Luis Guanter, Buzachi Neft Organizations: Service, BBC, Environment Protection Agency, Polytechnic University of Valencia, Business Locations: Kazakhstan, France, Spain, Netherlands, Europe
The Swedish authorities on Wednesday closed a more than yearlong investigation into the undersea attack on the Nord Stream pipelines, citing a lack of authority to further pursue those responsible for sabotaging the critical piece of energy infrastructure intended to supply Western Europe with Russian gas. “Sweden does not have the jurisdiction to investigate this matter further,” the Swedish Security Service said in a statement on Wednesday. The series of underwater explosions ripped holes in three of the four strands of Nord Stream pipelines and led officials to conclude that they were most likely caused by a state actor. Some saw the attacks, which came close to damaging a cable supplying electricity from Sweden to Poland, as a warning that raised concern about what other infrastructure could be vulnerable. The blasts occurred in international waters but in the economic zones of Sweden and Denmark, which gave those nations a hook to investigate.
Persons: Ukraine — Organizations: Swedish Security Service Locations: Europe, Sweden, Ukraine, Russia, Poland, Denmark
Minister of Foreign Affairs of Ukraine Dmytro Kuleba attends a joint briefing with Minister of Foreign Affairs of the Netherlands Hanke Bruins Slot. Kuleba said: "So do I believe there is a potential for [Russian President Vladimir] Putin and Trump to agree on something behind Ukraine's back if Trump becomes president? He added that Trump was also the "first to sell lethal weapons to the Ukraine." The U.S. administration continues to push for further funding in Congress to support Ukraine in its war with Russia, which began in Feb. 2022. The U.S. has been a staunch ally of Ukraine throughout the war, supplying more than $75 billion in humanitarian, military and financial support.
Persons: Ukraine Dmytro Kuleba, Dmytro Kuleba, Donald Trump, Kuleba, Vladimir, Putin, Trump, Ukraine's, Steve Sedgwick, Volodymyr Zelenskyy, Biden, Washington's, Joe Biden's Organizations: Foreign Affairs, Netherlands, Bruins, Publishing, Ukraine's, CNBC, Economic, Trump, Republican Party, Ukraine, House Republicans Locations: Ukraine, Davos, Russia, Europe, America, U.S
ROME, Dec 3 (Reuters) - European far-right parties met in Italy on Sunday vowing to reshape the European Union after next year's European Parliament elections, toughening the bloc's approach on immigration and softening its climate policies to protect jobs and industry. Parties from around a dozen countries gathered in Florence, galvanised by last month's general elections in the Netherlands, which handed a surprise win to Geert Wilders' anti-immigration Freedom Party (PVV). The far-right Identity and Democracy (ID) group is now the sixth-largest in the EU assembly, also behind liberal, green and conservative groups, but current polling data place it in fourth position. Salvini, who has failed to include in his alliance Prime Minister Giorgia Meloni and her poll-leading Brothers of Italy party, fronted a previous unsuccessful push in 2019 for a far-right breakthrough in EU elections. Wilders hailed Salvini, leader of the League party, as an inspiration and his "number one Italian friend."
Persons: Geert Wilders, Matteo Salvini, Salvini, Giorgia Meloni, Wilders, Tino Chrupalla, Jordan Bardella, righters, Chrupalla, Harald Vilimsky, Vladimir Putin, Chizu Organizations: European Union, Party, League, Marine, Austrian Freedom Party, Thomson Locations: Italy, European, Florence, galvanised, Netherlands, Europe, Germany, Africa, Austrian, Russia, Ukraine, Israel
Below is a fact check of 102 of Trump’s false claims from the 12 speeches. But contrary to Trump’s claim, it’s not true that people had been attempting for decades to create such an initiative. Trump’s aid to farmersIn speech after speech, Trump claimed that he had given US farmers $28 billion from China. Even if the poll result is off, it’s clear that Trump’s claim that “nobody wants them” is not true. He said he was an airline pilot.”Facts First: Trump made a false claim while mocking Biden for making false claims.
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International Trade Commission, New England lobstermen, England lobstermen, Americas, Crisis, government’s Energy, Administration, Washington Free Beacon, Energy Information Administration, Democrats, Biden, Electoral, Georgia, Michigan, Carter, Democrats can’t, Republicans, Alabama, Arizona, Fox News, ” Energy, Oceanic, Atmospheric Administration, NOAA, Wildlife, Alaska Industrial Development, Export Authority, Raymond James & Associates, Wilderness Society, Cox Automotive, Pew Research Center, New York Times, National Oceanic, California Gov, California, American Petroleum Institute, Union, West, Energy, American Automobile Association, AAA, GasBuddy, New Hampshire, Houston, Keystone XL, Obama administration’s State Department, , Foreign, Military, DoD, Afghan, Defense, Policy, Taiwan News, , University of Tennessee’s Center for National Security, Foreign Affairs, Israeli, NBC, Jerusalem Post, Yahoo, Pentagon, ” CNN, Joint Chiefs, Staff, Post, National Security, Group, US government’s Defense Intelligence Agency, Narcotics Bureau, Global Health, Drexel University Dornsife School of Public Health, Justice Department, Washington, Judicial, Popular Mobilization Forces, Customs and, Middle East, Customs, Protection, CBP, Border Protection, Kiel Institute, European Union, New York, New, ExxonMobil, Trump University, Trump Foundation, Manhattan, Attorney, federal Justice Department, Department of Justice, Washington DC, Presidential Records, Presidential, Mar, Biden White, MAGA Republicans, Inflation, Heritage Foundation, Trump ., Brookings Tax, Urban Institute Locations: New Hampshire, New York City, Saudi, Florida, al Qaeda, New York, Texas, Iowa, Mexico, , U.S, Houston, Iraq, Israel, Tel Aviv, Jerusalem, Nord, Germany, Russian, Trump’s, Russia, Ukraine, Europe, Guatemala, Honduras, El Salvador, El, Washington, , ” In Texas, Covid, China, Wuhan, Italy, France, Abraham, Bahrain, Morocco, Sudan, Gaza, Lebanon, Syria, Iran, Yemen, Libya, Palestine, Afghanistan, Somalia, Pakistan, New England, England, Kpler, Malaysia, Oregon, Alabama, Maricopa County, Arizona, Arizona’s, Moscow, Alaska, East, South Carolina, California, “ California, West Virginia, Virginia, United Kingdom, West Texas, “ U.S, Los Angeles, Venezuela, Mississippi , Louisiana, Canada, United States, Paris, Taiwan, “ China, Iranian, that’s, , Singapore, Iraqi, San Diego, Kiel, York, Manhattan, York’s, Chicago, Philadelphia, Georgia, Qaeda
LONDON, Nov 30 (Reuters) - Britain said on Thursday it will send seven Royal Navy ships and a maritime patrol aircraft to take part in Joint Expeditionary Force (JEF) patrols of areas with vulnerable undersea infrastructure next month. Europe and NATO have become increasingly concerned about the vulnerability of critical infrastructure around and under the Baltic Sea. JEF, a 10-nation military alliance of northern European countries, is focused on security in the High North, North Atlantic and Baltic Sea region. That followed explosions in September 2022 that ruptured the Nord Stream pipelines under the Baltic Sea and cut Europe's supply of Russian gas. Vessels will be spaced to cover a wide area from the Channel to the Baltic Sea, it added.
Persons: JEF, Grant Shapps, Kylie MacLellan, Bill Berkrot Organizations: Royal Navy, Expeditionary Force, NATO, British, Royal Fleet, Royal Air Force, Channel, Thomson Locations: Britain, Europe, Baltic, North Atlantic, Sweden, Estonia, Finnish, Estonian
Recent damage to undersea pipelines and cables in Europe has raised concern among NATO members. AdvertisementThe emphasis on defending underwater infrastructure is visible in the alliance's operations. The annual Dynamic Messenger exercise includes a focus on protecting critical underwater infrastructure and involves information exchanges between alliance militaries and private-sector actors. OLE BERG-RUSTEN/NTB/AFP via Getty ImagesProtecting underwater infrastructure is no simple task, however. AdvertisementThe situation becomes more complicated because underwater infrastructure often passes through international waters, muddling the legal framework around its protection and making a response harder.
Persons: , David Cattler, Shawn Coover, Adm, Ben Key, Jens Köhler, JEF, Andrey Luzik, Key, Constantine Atlamazoglou Organizations: NATO, Service, Finnish Border Guard, REUTERS, Steam, US Marine Corps, Staff, British Royal Navy's, Royal Navy, Getty, Joint Expeditionary Force, Norwegian Coast Guard, OLE BERG, Russia Ministry of Defense, Directorate, Fletcher School of Law, LinkedIn, Twitter Locations: Europe, Russia, NATO's, Estonia, Finland, Baltic, Norway, Norwegian, Germany, Ukraine, Hiddensee, Nordic, AFP, Severomorsk
LONDON (Reuters) - Britain said on Thursday it will send seven Royal Navy ships and a maritime patrol aircraft to take part in Joint Expeditionary Force (JEF) patrols of areas with vulnerable undersea infrastructure next month. Europe and NATO have become increasingly concerned about the vulnerability of critical infrastructure around and under the Baltic Sea. JEF, a 10-nation military alliance of northern European countries, is focused on security in the High North, North Atlantic and Baltic Sea region. That followed explosions in September 2022 that ruptured the Nord Stream pipelines under the Baltic Sea and cut Europe's supply of Russian gas. Vessels will be spaced to cover a wide area from the Channel to the Baltic Sea, it added.
Persons: JEF, Grant Shapps, Kylie MacLellan, Bill Berkrot Organizations: Royal Navy, Expeditionary Force, NATO, British, Royal Fleet, Royal Air Force, Channel Locations: Britain, Europe, Baltic, North Atlantic, Sweden, Estonia, Finnish, Estonian
Russia may seek compensation over Nord Stream blasts - RIA
  + stars: | 2023-11-21 | by ( ) www.reuters.com   time to read: +1 min
Gas bubbles from the Nord Stream 2 leak reaching surface of the Baltic Sea in the area shows disturbance of well over one kilometre diameter near Bornholm, Denmark, September 27, 2022. Danish Defence Command/Handout via REUTERS/File Photo Acquire Licensing RightsNov 21 (Reuters) - Russia is waiting for the outcome of an investigation into the sabotage of the Nord Stream gas pipelines before making any request for compensation, the RIA state news agency cited a foreign ministry official as saying on Tuesday. The pipelines under the Baltic Sea were damaged in explosions last year, and investigations have yet to establish who was responsible. Russia has blamed the United States, Britain, and Ukraine for the blasts which largely cut it off from the lucrative European market. The United Nations Security Council has refused to carry out its own investigation into the incident, leaving it to the governments of Sweden, Denmark and Germany.
Persons: Dmitry Birichevsky, Mark Trevelyan Organizations: Danish Defence Command, REUTERS, United Nations, Security, United Nations Security Council, Reuters, Thomson Locations: Baltic, Bornholm, Denmark, Russia, Nord, United States, Britain, Ukraine, Sweden, Germany
FILE PHOTO: Gas bubbles from the Nord Stream 2 leak reaching surface of the Baltic Sea in the area shows disturbance of well over one kilometre diameter near Bornholm, Denmark, September 27, 2022. A spokesperson for Ukraine's military told Reuters on Sunday he had "no information" about the report. Russia has repeatedly said, without providing evidence, that the West was behind the Nord Stream blasts - particularly the United States and Britain, which both deny involvement. The New York Times and The Washington Post have reported that Ukraine - which has repeatedly denied involvement, was behind the attack. In a blog post, entitled "How America Took Out The Nord Stream Pipeline", Hersh said the plan was hatched in 2021 at the highest levels in the United States.
Persons: Volodymyr Zelenskiy, Chervinsky, Valery Zaluzhnyi, Dmitry Peskov, Zelenskiy, Peskov, Vladimir Putin, Seymour Hersh, Hersh, Dmitry Antonov, Vladimir Soldatkin, Guy Faulconbridge, Andrew Osborn Organizations: Danish Defence Command, REUTERS, Rights, Washington Post, Reuters, Sunday, U.S, New York Times, Thomson Locations: Baltic, Bornholm, Denmark, Ukrainian, Russia's, Europe, Ukraine, Germany, Russia, United States, Britain, Washington
The Nord Stream gas pipelines were damaged in an act of sabotage last year. AdvertisementAdvertisementA senior Ukrainian military official played a key role in sabotaging the Nord Stream gas pipelines last year, according to an investigation by two international newspapers. AdvertisementAdvertisementHowever, The Post reported that Zelenskyy would not have known about the Nord Stream operation and that those involved reported to Zaluzhny. Chervinsky denied his role in the attacks in a statement to the papers through his lawyer: "All speculations about my involvement in the attack on Nord Stream are being spread by Russian propaganda without any basis." AdvertisementAdvertisementThe blasts in September last year damaged three of the four pipelines that make up Nord Stream 1 and Nord Stream 2.
Persons: Zelenskyy, , Der Spiegel, Valery Zaluzhny, Volodymyr Zelenskyy, Jack Teixeira, Chervinsky Organizations: Service, Washington Post, Post, Pentagon, Nord, Kyiv, European Union Locations: Ukrainian, Russia, Germany, Ukraine, Western, Nord, Kyiv, Russian
Pipes for the Nord Stream 2 gas pipeline in the Baltic Sea, which are not used, are seen in the harbour of Mukran, Germany, on September 30, 2022. REUTERS/Fabian Bimmer/ File Photo Acquire Licensing RightsKYIV, Nov 12 (Reuters) - A Ukrainian military officer coordinated last year's attack on the Nord Stream natural gas pipeline, the Washington Post reported on Saturday, citing anonymous sources in Ukraine and Europe. Washington and NATO called it an act of sabotage, while Moscow said it was an act of international terrorism. Roman Chervinsky, a former intelligence official who served in the Ukrainian military's special forces, managed a six-person team but did not plan the attack, the Post reported. Germany, Denmark and Sweden have launched investigations into the Nord Stream explosions, which sent plumes of methane into the atmosphere in a leak that lasted several days.
Persons: Pipes, Fabian Bimmer, Roman, Volodymyr Zelenskiy, Zelenskiy, Chervinsky, Viktor Hanushchak, Germany's Der, Dan Peleschuk, Tom Balmforth, William Maclean Organizations: REUTERS, Rights, Washington Post, Reuters, Germany's Der Spiegel, Thomson Locations: Baltic, Mukran, Germany, Ukrainian, Ukraine, Europe, Bornholm, Washington, NATO, Moscow, Denmark, Sweden, Russian
It was Angermayer who introduced Bisslinger to Thiel at the party, Thiel would later tell the FBI. After some small talk, Bisslinger made a pitch to Thiel: Thiel should travel to Russia to attend the St. Petersburg International Economic Forum. If Thiel chose to attend, Bisslinger said, Bisslinger would arrange for him to meet privately with Putin. "Even if Mr. Angermayer did introduce Mr. Thiel and Mr. Bisslinger," the lawyers wrote in another letter, "Mr. Angermayer is not—and cannot be—responsible for whatever Mr. Bisslinger and Mr. Thiel may or may not have discussed." At his 40th birthday, he connected Peter Thiel with a Russian diplomat, Thiel later told the FBI.
Persons: Peter Thiel, Christian Angermayer, Thiel, Daniil Bisslinger, Bisslinger, Vladimir Putin's, Angermayer, Putin, Maksim Konstantinov, , Frank Figliuzzi, Vladimir Putin, — Charles Johnson —, Johnathan Buma, Johnson, Welt, Dmitry Peskov, John Lamparski, Donald Trump, — Thiel, Der Spiegel, he'd, Elon Musk, Musk, Thiel —, he's, Palantir, He's, Uma Thurman, Robbie Williams, Queen Latifah, Paul Kagame, Dan McCrum, John Kerry, Richard Grenell, Kerry, Sensei Biotherapeutics, Trump, Dmitry Medvedev, Medvedev, Maureen Dowd, Alexander Schütz, Eva Schütz, Schütz, — Heinz, Christian Strache, Markus Braun, Jan Marsalek, Marsalek, Caroline Haskins, Katherine Long, Jack Newsham, Mattathias Schwartz, Hans, Martin Tillack Organizations: Kremlin, Tech, Pentagon, CIA, Facebook, SpaceX, Kremlin's Ministry of Foreign Affairs, Russian Embassy, Thiel, St ., Economic, Getty, FBI, Atlantic, Bisslinger, Germany, Elon, Russia, NSA, US Special Operations Command, National Health Service, Apeiron Investment, Munich Security, intel, Trump, State Department, Angermayer's, PayPal, Nasdaq, Sciences, The New York Times, Deutsche Bank, Welt Locations: Silicon Valley, Schloss Neuwaldegg, Vienna, Silicon, Moscow, Russian, Berlin, Russia, St, St . Petersburg, Petersburg, Ukraine, Europe, Germany, NATO, Crimea, Ukrainian, Sevastopol, Palantir, Washington, Rwanda, Baltic, Belarus, Iran, Angermayer's Malta, Munich, China, China's, Austrian, Austria, Exxpress, Wirecard, schwartz79@protonmail.com
A damaged Balticconnector gas pipeline that connects Finland and Estonia is pictured in this undated handout picture in the Baltic Sea. "They (China) have promised full cooperation and we trust it," Finnish Foreign Minister Elina Valtonen told Reuters on the sidelines of a news conference in Helsinki. Two telecoms cables linking Estonia to Finland and Sweden were damaged on the same night between Oct.7-8, authorities said last month, and Russia's Rostelecom (RTKM.MM) on Tuesday revealed that one of its fibre optic cables had also been hit. Data from shipping intelligence firm MarineTraffic, reviewed by Reuters, showed that the NewNew Polar Bear passed over the pipeline and the telecoms cables in the space of less than nine hours. NewNew Shipping, the owner and operator of the NewNew Polar Bear, has previously declined to comment when contacted by Reuters.
Persons: China, Elina Valtonen, Russia's, Valtonen, Anne Kauranen, Simon Johnson, Anna Ringstrom, Terje Solsvik, Christina Fincher Organizations: Finnish Border Guard, REUTERS, Rights, Wednesday, Hong, Reuters, NewNew Shipping, Thomson Locations: Finland, Estonia, Baltic, Hong Kong, China, Helsinki, Sweden, Russia, Moscow, Ukraine, Stockholm
HELSINKI (Reuters) - Finland has informed Russia about its investigation into the damage on Oct. 7 to the subsea Balticconnector gas pipeline between Estonia and Finland, the Finnish foreign minister said on Wednesday. Foreign Minister Elina Valtonen told a news conference Russia has not asked for Finland's help in investigating the damage to a Russian telecommunications cable that happened on the same night. The anchor was later found near the pipeline and was retrieved by Finnish investigators. Investigators have yet to establish who was responsible for blowing up Russia's Nord Stream gas pipelines under the Baltic last year. (Reporting by Anne Kauranen and Simon Johnson, writing by Anna Ringstrom, editing by Terje Solsvik)
Persons: Elina Valtonen, Anne Kauranen, Simon Johnson, Anna Ringstrom, Terje Solsvik Organizations: Rostelecom, Hong Locations: HELSINKI, Finland, Russia, Estonia, Russian, St . Petersburg, Russia's Kaliningrad, Hong Kong, Ukraine, Baltic
Russia's Lavrov assails West over switch to green energy
  + stars: | 2023-11-08 | by ( ) www.reuters.com   time to read: +1 min
MOSCOW, Nov 8 (Reuters) - Russian Foreign Minister Sergei Lavrov accused the West on Wednesday of provoking crises on the global oil and gas market by rushing to switch to green energy and imposing pressure on other countries to do the same. "In fact, the reasons for the negative phenomena in the energy sector were the irresponsible actions of the collective West, when it decided to force ... the green transition for itself and impose the same green transition on other countries that were simply not economically ready for it," Lavrov said in televised comments. He said Western boycotts of Russian energy in response to the war in Ukraine had "dealt a serious blow to global energy security. These steps led to the rupture of historical value chains, costly redistribution of global energy flows and rising transaction and logistics costs." His comments were in line with Moscow's long-running narrative that sanctions against Russia have been an own goal, and that Western countries have made a grave mistake in turning away from Russian energy.
Persons: Sergei Lavrov, Lavrov, Gareth Jones Organizations: Russian, West, Gazprom, Reuters, Thomson Locations: MOSCOW, Ukraine, Russia's, Europe, United States, Russia, China, India
Two other Baltic telecoms cables were damaged on the same night of Oct. 7 along the route that the ship was travelling, according to shipping data reviewed by Reuters. NewNew Shipping, the owner and operator of the NewNew Polar Bear, has previously declined to comment when contacted by Reuters. TRAIL OF DAMAGEIn total, three Baltic telecoms cables and one pipeline were damaged in the space of less than nine hours. Data from shipping intelligence firm MarineTraffic, reviewed by Reuters, showed that the NewNew Polar Bear passed over a Swedish-Estonian telecoms cable at 1513 GMT, then over the Russian cable at around 2020 GMT, the Balticconnector at 2220 GMT and a Finland-Estonia telecoms line at 2349 GMT. Finnish police announced on Oct. 24 that they had found a ship's anchor near the broken gas pipeline.
Persons: Anton Vaganov, Rostelecom, Vladimir Putin, Gasgrid, Mark Trevelyan, Nerijus Adomaitis, Anne Kauranen, Terje Solsvik, Bill Berkrot, Matthew Lewis Organizations: Rostelecom, St ., Economic, REUTERS, Reuters, NewNew Shipping, Kremlin, Communications Ministry, St, Thomson Locations: St, St . Petersburg, Saint Petersburg, Russia, Finland, Estonia, Baltic, Beijing, Ukraine, China, Swedish, Estonian, St Petersburg, Kaliningrad, London
A person stands at escalators near the Uniper logo at the utility's firm headquarters in Duesseldorf, Germany, July 8, 2022. REUTERS/Wolfgang Rattay/File Photo Acquire Licensing RightsCompanies Uniper SE FollowGazprom PAO FollowFRANKFURT, Oct 31 (Reuters) - Germany's Uniper (UN01.DE), which was bailed out during Europe's energy crisis, swung to a nine-month net profit of 9.77 billion euros ($10.35 billion), boosted by falling gas prices that positively impacted future provisions. The result compares with a net loss of 40.3 billion euros in the same period last year, when ballooning costs to replace Russian gas threw the company into its biggest crisis ever, triggering a government rescue. The results come a week after Uniper detailed its outlook for 2023, expecting adjusted operating profit (EBIT) of 6 billion to 7 billion euros and full-year adjusted net profit of 4 billion to 5 billion euros. At the end of September, liabilities tied to derivatives, which grow or shrink in line with gas price developments, stood at 26 billion euros, down from 216 billion a year earlier.
Persons: Wolfgang Rattay, Jutta Doenges, Christoph Steitz, Rachel More, Kirsten Donovan Organizations: REUTERS, Gazprom PAO, Gazprom, Thomson Locations: Duesseldorf, Germany, FRANKFURT, Frankfurt, Ukraine
Russia currently exports gas to China through the Power of Siberia 1 pipeline, which began operating in 2019 and runs through eastern Siberia into China's northeastern Heilongjiang province. Moscow has not said how much the 2,600 km (1,616 miles) Power of Siberia-2 would cost or how it would be financed. Russia aims to increase supplies via Power of Siberia 1 to 38 bcm annually by 2025. If the plans for Power of Siberia 2 and another link from Russia's far eastern island of Sakhalin come to fruition, Russia's pipeline gas exports to China would rise to almost 100 bcm per year by 2030. "This fact will require CNPC to build on its own all the necessary gas transportation infrastructure in China," Kondratov wrote.
Persons: Maxim, Xi Jinping, Vladimir Putin, Dmitry Kondratov, Kondratov, Sergey Vakulenko, Vakulenko, Viktoria Abramchenko, Andrew Hayley, Chen Aizhu, Oksana Kobzeva, Mark Trevelyan, Susan Fenton Organizations: REUTERS, Russia, East, Power, Gazprom, Economics, Russian Academy of Science, Carnegie Endowment, International, Soyuz, Thomson Locations: Siberia, Svobodny, Amur, Russia, East Power, Turkmenistan, MOSCOW, China, Europe, Yamal, Mongolia, Baltic, Moscow, Ukraine, Beijing, China's, Heilongjiang, Russian, Power, Russia's, Sakhalin, That's, Nord, Turkey, Japan, United States, Qatar, Australia, Singapore
[1/4] A view of the turbines at an offshore wind farm near Nysted, Denmark, September 4, 2023. Time is short: The EU has a legally binding goal to nearly double renewable sources as a share of total energy by 2030, to 42.5%, requiring a rapid expansion of offshore wind. But of the governments surveyed, only Britain and Poland said they had invested or budgeted for steps to improve the security of offshore infrastructure. It requires a lot of effort from the government side," said Mattia Cecchinato, senior adviser for offshore wind at WindEurope. It said it would establish a permanent coast guard base close to where offshore wind farms are planned.
Persons: Tom Little, Thomas Almegaard, Vladimir Putin, Mads Nipper, Orsted, Ewa Skoog Haslum, James Appathurai, Germany's RWE, Anitta, Mattia Cecchinato, Rasmus, Krzysztof Jaworski, Orsted's Errboe, Benjamin Mallet, Riham, Elizabeth Piper, Toby Sterling, Andrius Sytas, Marek Strzelecki, Sara Ledwith Organizations: REUTERS, Reuters, Baltic Seas, EU, NATO, NewNew, Sweden's, Soaring, Emerging, Research, Solutions, Internal, Fund, Military, Naval Operations Centre, Polish Navy, Thomson Locations: Nysted, Denmark, Europe, Baltic, Nord, Finland, Sweden, Estonia, Russian, Russia, NewNew Shipping, Netherlands, Britain, Poland, Germany, North, Swedish, Copenhagen, Moscow, Sofia, European, Anitta Hipper, Belgium, Norway, France, Lithuania, Latvia, Baltic . Poland, Paris, Berlin, London, Amsterdam, Vilnius, Warsaw
Investigators said they had now retrieved a lost anchor from the seabed location where the pipeline ruptured on Oct. 8, and were investigating whether it belonged to a Chinese container vessel. Police have previously said damage to the Balticconnector subsea gas pipeline and two Baltic Sea telecoms cables was cause by external mechanical force and were investigating whether this was a case of sabotage or caused by accident. Broad drag marks were seen on the seabed leading up to where the pipeline was broken, and the anchor was lying immediately after the damage spot. China called on Monday for an "objective, fair and professional" investigation into the pipeline damage. The incident cut pipeline gas supplies to Finland, although the country expects to manage with imports of liquefied natural gas via ship deliveries to its Inkoo port.
Persons: Investigators, Robin Lardot, Essi Lehto, Terje Solsvik, Bill Berkrot Organizations: Hong, Police, Baltic, Bureau of Investigation, NATO, Thomson Locations: Hong Kong, Finland, HELSINKI, Baltic, Gulf of Finland, China, Germany, Russia
Estonian Navy conducts an undersea communications cable survey after a subsea gas pipeline and a telecommunications cable connecting Finland and Estonia under the Baltic Sea was damaged, in the Gulf of Finland, October 10, 2023. Estonian Navy Handout/Handout via REUTERS/File Photo Acquire Licensing RightsMOSCOW, Oct 23 (Reuters) - The Kremlin said on Monday that any threats made against Russia were "unacceptable" after Latvia's president said NATO should shut the Baltic Sea to shipping if Moscow were found responsible for damage to a gas pipeline between Finland and Estonia. Kremlin spokesman Dmitry Peskov also repeated Moscow's denial of any involvement in the damage inflicted on the Balticconnector pipeline and a telecoms cable on Oct. 8. Latvian President Edgars Rinkevics said in a TV interview last week that NATO should close the Baltic Sea to ships if Russia were proven responsible for the damage to the Balticconnector. Asked about Rinkevics' remarks, Peskov told a regular news briefing: "Any threats must be taken seriously, no matter who they come from.
Persons: Dmitry Peskov, Edgars Rinkevics, Peskov, Rinkevics, Gareth Jones, Mark Trevelyan Organizations: Estonian Navy, REUTERS, Rights, Russia, NATO, Kremlin, Russian Federation, Thomson Locations: Finland, Estonia, Baltic, Gulf of Finland, Handout, Moscow, Latvian, Russia, Latvia, United States, Nord
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