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The Latest Breaking News from Gazprom

Morning Brief: Top Financial Stories Dominating on Thursday, May 12

CNBC Instacart Confidentially Files For US IPO

Benzinga

Russia Imposes Sanctions On German Unit Of Gazprom: Bloomberg

Russia has cut natural gas supplies to a unit of Gazprom PJSC (OTC: OGZPY) seized by Germany in retaliation for western penalties over the war in Ukraine.

Benzinga

Moscow warns Finland over NATO bid as Ukraine says Russian ship damaged

Moscow warned Finland on Thursday it would face consequences as it seeks to apply for NATO membership "without delay" and Ukraine said it had damaged a Russian navy logistics ship in the Black Sea, where there has been renewed fighting in recent days.

Reuters

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What’s the Fallout from Ukraine’s Pipe Shutdown?

The shutdown of a gas pipeline in eastern Ukraine has sent a fresh wave of energy jitters through Europe. The price of gas jumped - then fell.

Asharq Al-Awsat

EXPLAINER: What's the fallout from Ukraine's pipe shutdown?

The shutdown of a gas pipeline through Russian-held territory in Ukraine is sending a new wave of energy jitters through Europe

The Independent UK

Ukraine retakes territory in the east amid more Russian attacks

LVIV, Ukraine — Ukraine pressed its counteroffensive against Russian troops Wednesday, pushing them back from the northeastern city of Kharkiv in what observers say could bring a new phase to the conflict even as U.S intelligence officials warned that Moscow was preparing for a protracted war.

Los Angeles Times

Olympic boxing at risk, IOC warns Iba chief amid fresh governance worries

The IOC has warned the Russian president of amateur boxing that it still has ‘significant concerns’ over the governance of the organisation he leads in an intervention just days before he faces re-election

The Guardian - UK

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Revealed: the ‘carbon bombs’ set to trigger catastrophic climate breakdown

Exclusive: Oil and gas majors are planning scores of vast projects that threaten to shatter the 1.5C climate goal. If governments do not act, these firms will continue to cash in as the world burns

The Guardian - UK

Ukraine says it will block Russian gas supply to Europe

Kyiv has blamed Russian ‘occupying forces’ for suspending the gas supply

The Independent UK

Live updates | Pipeline operator to stop natural gas flow

Ukraine’s natural gas pipeline operator said it would stop Russian shipments through its Novopskov hub in a part of eastern Ukraine controlled by Moscow-backed separatists

The Independent UK

Ukraine war speeds Greece’s transition to EU energy gateway

As Europe attempts to abandon Russian energy, Greece is becoming a gateway for LNG because it is surrounded by sea.

Al Jazeera

Suspicious deaths of six Russian oligarchs look like Kremlin murders, experts say

Experts believe the murder-suicides of six prominent Russian businessmen are the work of Vladimir Putin and the Kremlin as they try to send a message to oligarchs and civilians

Daily Mirror

Which countries are most dependent on Russian gas imports?

Gazprom decision to stop supplying gas to ‘unfriendly’ Poland and Bulgaria denounced as ‘blackmail’

The Independent UK

UEFA removes more Russian soccer teams from its competitions

A UEFA Champions League place is worth tens of millions of euros in UEFA prize money to Zenit St. Petersburg, which is owned by Russian state energy firm Gazprom

The Hindu

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The Independent UK

Ukraine-Russia war: What is the Nord Stream 2 pipeline and how might the crisis impact it?

Lucrative natural gas pipeline running to Germany under Baltic Sea blocked by chancellor Olaf Scholz in response to Vladimir Putin’s aggression

Radio France Internationale

EU says paying for Russian gas in rubles would breach sanctions, warns of 'full disruption'

The European Union warned member states to prepare for a breakdown in gas supplies from Russia as it insists Moscow's demand that imports be paid for in rubles would breach sanctions.

The Guardian - UK

EU faces crunch point over Russia’s gas payment demands

As deadline loom, Brussels commissioner says handing over roubles would breach sanctions

The Independent UK

‘I want to see Putin hanged’, says Gazprom executive who fled Russia

‘Putin has to be put on trial and hanged. But only in accordance with the law’

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news in one place.

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The Independent UK

Ukraine-Russia war: What is the Nord Stream 2 pipeline and how might the crisis impact it?

Lucrative natural gas pipeline running to Germany under Baltic Sea blocked by chancellor Olaf Scholz in response to Vladimir Putin’s aggression

Daily Mirror

Russian gas tycoon who defected mid-invasion says Putin 'must be hanged' for his crimes

Igor Volobuyev fled Russia just days into the war and now feels the need to "repent" after two decades of support for the Kremlin - and he wants to see the president pay with his life

Reuters

Gazprombank account not necessarily breach of sanctions -German Ministry

European energy firms can open special accounts with Gazprombank to pay for Russian gas, a key demand by Moscow, without breaching sanctions if transferring euros or dollars to them fulfils their contractual obligations, the German Economy Ministry said.

Reuters

'I'm not afraid', says ex-Gazprombank executive who defected to Ukraine

A former senior executive at Russian lender Gazprombank said on Thursday that he fled Russia for Ukraine hoping to take up arms against Moscow's invasion and that he believed President Vladimir Putin was leading Russia to catastrophe.

The Independent UK

Putin gas cutoff shakes up Europe at little cost to Kremlin

Russian President Vladimir Putin is putting pressure on European governments with his proposal to pay for oil and gas in rubles

The Guardian - UK

How EU energy firms plan to pay for Russian gas without breaking the law

Germany, Hungary and others are devising ways they can use roubles to pay Gazprom and not be in breach of sanctions

Reuters

Europe struggles for clarity on Russia's roubles-for-gas scheme

The European Commission on Thursday warned buyers of Russian gas they could breach sanctions if they converted gas payments into roubles, as officials struggled to clarify the EU's stance on Moscow's payments scheme, which has sowed confusion in the bloc.

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