Russia is preparing to annex the territory of Ukraine; West warns of new sanctions

Russia says it overwhelmingly supports annexation Russia’s parliament may consider annexation on Tuesday Ukraine rejects referendums as illegal The West is preparing for new sanctions on the referendums ZAPORIZIA, Ukraine (Reuters) – Russia was preparing to annex a strip of Ukraine within days, unleashing what it called the number of votes showing overwhelming support in … Read more

Analysis: Nord Stream gas leak raises climate concerns, but its impact is hard to determine

(Reuters) – Unexplained leaks in two Russian gas pipelines in the Baltic Sea are releasing greenhouse gas emissions, raising fears that the disruption could cause climate catastrophe — though it remains unclear to what extent. Neither pipeline was in operation, but both contained natural gas — which consists largely of methane, a potent greenhouse gas … Read more

A gas leak in Russian pipelines to Europe caused a sabotage investigation

Polish Prime Minister Blames Sabotage, Without Citing Evidence Russia says the leaks threaten energy security in Europe The footage shows gas bubbles rippling the surface of the sea Worker says damage to Nord Stream 1 is ‘unprecedented’ The Russian gas crisis caused prices to rise STOCKHOLM/COPENHAGEN (Reuters) – Europe is investigating major leaks in two … Read more

Gas crisis plunges LNG shipping market into the hands of energy giants

LONDON/SINGAPORE (Reuters) – The skyrocketing price of liquefied natural gas (LNG) shipping has alienated dozens of small traders, concentrating business in the hands of a handful of major global energy companies and major global trading houses. This grip is not expected to ease until 2026 when more LNG begins to emerge and lower prices, raising … Read more

Strong earthquake hits Mexico on fateful anniversary, killing at least two

MEXICO CITY (Reuters) – A 7.6-magnitude earthquake struck western Mexico on Monday on the anniversary of two devastating earthquakes, killing at least two people, damaging buildings, disrupting electricity and sending Mexico City residents out for safety. Authorities said two people died in the Pacific port of Manzanillo, one of whom crashed into a department store … Read more

Germany seizes Russian refinery amid energy crisis

Register now to get free unlimited access to Reuters.com Register German energy industry reeling since war in Ukraine The German regulator now controls the Schwidt refinery The Schwedt refinery is a major fuel source for Berlin PKN interested in taking control of a stake in a refinery – sources BERLIN (Reuters) – Germany seized a … Read more

The Northeast US faces potential power shortages as rails begin to close

Unused oil tanker cars appear on the New York West Pennsylvania Railroad outside Hinsdale, New York, August 24, 2015. Photo taken August 24, 2015. REUTERS/Lindsay Dedario/File Photo Register now to get free unlimited access to Reuters.com Register NEW YORK (Reuters) – Some trains carrying fuel components to the northeastern United States have been halted in … Read more

The Fed decided to raise the interest rate by 75 basis points; Likely early pivot: Reuters poll

A woman holds US dollar bills in this illustration taken on May 30, 2022. REUTERS/Dado Rovich/Illustration Register now to get free unlimited access to Reuters.com Register BENGALURU (Reuters) – The Federal Reserve will raise interest rates by 75 basis points next week and is likely to keep the rate on hold for an extended period … Read more