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German government places Russia-owned oil company under federal management

The German Ministry for Economic Affairs and Climate Action Friday placed the German subsidiary of Russian-owned oil company Rosneft under federal fiduciary management. Rosneft holds roughly 12 percen.

Energy Update: EU Ministers Oppose Capping Only Russian Gas

Sep 9, 2022 (Bloomberg) EU energy ministers won’t back any cap on the price of only Russian gas, according to diplomats, but they are pressing for the European Commission to come up with other ways of taming the price of imported gas.Some ministers want a cap on all imported gas, and…

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