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Swiss court rules on Nord Stream 2

The pipeline operator’s bankruptcy has been postponed by a four-month moratorium on loan payments A Swiss court in the city of Zug has suspended the bankruptcy procedure for Nord Stream 2 AG, the European operator of the Nord Stream 2 gas pipeline, the firm said Wednesday on the website of the Swiss Official Gazette of…

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What Ukraine’s block on Russian gas means for Europe

Kiev has stopped flows via a key transit point, raising fears of European energy shortages Ukraine’s gas network operator on Wednesday stopped the transit of Russian natural gas to Europe through one of its key cross-border stations, citing “interference by the occupying [Russian] forces.” Here is what this development means for the European gas market…

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China accuses West of encouraging ‘arms race’

Beijing states that Australia, the US and UK are building a military bloc in Oceania without consulting with the region’s players In response to Australia’s criticism of its security pact with the Solomon Islands, China has accused Canberra and its partners of encouraging an “arms race” in the South Pacific region.

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