EU approves takeover of Poland’s Lotos by PKN Orlen
Following the completion of the deal, the Polish State Treasury would own a 35% stake in the new group.
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Poland terminates gas deal with Russia over ruble dispute
The decision follows Russia suspending gas supplies to Poland in April after the latter rejected to pay for gas in…
Germany and Italy allow companies to pay in rubles for Russian gas
The move by the two countries follows discussions with the European Union.
Russia imposes sanctions on Gazprom’s European subsidiaries in retaliation
The sanction-hit subsidiaries of Gazprom Germania are based in countries that enforced ban on Russia.
Gas link between Lithuania and Poland becomes operational
The 508km pipeline has been built with an investment of $528.4m
Four European companies make gas payments to Russia in ruble
Ten undisclosed European companies have opened accounts with Russia’s Gazprombank to make payments in rubles.
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Russia to halt natural gas supply to Poland and Bulgaria
The suspension of the gas supplies comes as the two countries refused to make payments to Russia in rubles.
Italy considers increasing natural gas supply from Algeria
The latest move by Italy comes as Western sanctions on Russia threaten to disrupt the gas flow.