Reuters UK Business

MOSCOW (Reuters) – Russian energy giant Gazprom’s GAZP.MM average daily natural gas supplies to Europe via the TurkStream undersea pipeline fell by 19.4% in March from a month earlier, Reuters calculations showed on Monday. Turkey is the only transit route left for Russian gas to Europe after Ukraine chose not to extend a five-year transit …

Exports of Russian pipeline gas to Europe down 19% in March month-on-month, data shows Read More »

KYIV (Reuters) – Ukraine’s grain traders union UGA said on Monday it and the UAC agrarian producers union had demanded that the government suspend additions to the mechanism for determining minimum export prices, warning that the changes could halt exports. In December, Ukraine introduced a new system for exporting key agrarian goods, including grains, which …

Grain traders ask Ukraine to suspend price mechanism changes, say exports at risk Read More »

OSLO (Reuters) – Equinor’s Johan Castberg oilfield in the Arctic Barents Sea began production on Monday after several delays, and is expected to repay its 86 billion Norwegian crown ($8.14 billion) price tag in less than two years, the company said. Castberg becomes the second producing oilfield in the Norwegian sector of the Barents Sea …

Equinor’s new Arctic oilfield to pay back $8 billion investment in under 2 years Read More »

By Elvira Pollina MILAN (Reuters) – France’s Vivendi will drop its legal challenge against the sale of Telecom Italia’s fixed-line network as part of a deal to sell most of its stake in the telecoms group to Italy’s Poste, two sources with knowledge of the matter told Reuters. On Saturday Vivendi agreed to drastically cut …

Vivendi to end Telecom Italia legal fight after Poste stake deal, sources say Read More »

By Yadarisa Shabong (Reuters) – Sterling held steady against the dollar on Monday as Britain hopes to negotiate a deal with the U.S. to avoid President Donald Trump’s broader round of reciprocal tariffs this week. British Prime Minister Keir Starmer and Trump discussed “productive negotiations” towards a UK-U.S. economic prosperity deal in a phone call …

Pound steadies against dollar as US trade tariffs loom Read More »

MOSCOW (Reuters) – Oil producer Saudi Aramco keeps its April official selling prices (OSPs) for liquefied petroleum gas (LPG) unchanged from March, while Algeria’s Sonatrach cut its OSPs by 2-7% due to weaker demand in the Mediterranean, traders said on Monday. Aramco’s April OSP for propane was stable at $615 per metric ton, while butane …

Saudi Aramco holds April LPG OSPs steady, Sonatrach cuts by 2-7% Read More »